The erratic leadership of NATO NATO Secretary General Mark Rutte said on March 22 that he is “absolutely convinced” that the alliance will be able to reopen the Strait of Hormuz. Rutte stated 22 countries, including NATO members along with allies such as South Korea and Japan, are coordinating efforts to do that. Cem Gürdeniz, a retired Rear Admiral of ...
The tensions in Germany following the government’s turn around in energy politics are increasing. On August 14, the minister of interior, Nancy Faeser stated in an interview that Germany had “to be prepared for possible attacks on gas terminals”. The minister gave the interview to Bild Am Sonntag, Germany’s most selling newspaper, on past Monday. In the interview, Faeser spoke ...
The increase in electricity prices is often presented today as just another supply shock, which is not exactly the case. For British households, the observed price increase, the highest since 2018, means a decrease in available income, and thus in consumption and aggregate demand. It is also one of the main catalysts of rising inflation seen across Europe. However, since ...