By Erik Berglof London The Swedish climate truthsayer Greta Thunberg has set sail for the United States in a zero-emissions racing yacht to generate waves in a different part of the world…
Britain and Italy are now the terrible twins of Europe
By Martin Kettle London For most of the time since 1945, the politics and government of Britain and Italy have seemed like polar opposites. True, both were important European powers. True too,…
Greece mulling defense deal extension with US
Athens is looking to extend the US-Greece defense agreement, also known as the Souda Agreement, by a year when US Secretary of State Mike Pompeo visits in October or November, it emerged…
Turkish navtex sparks fresh tension with Cyprus
Tensions are expected to heighten again in the Eastern Mediterranean after Turkey issued another navigational telex (Navtex) Wednesday reserving areas within Cyprus’ exclusive economic zone (EEZ) for renewed exploratory activities by its…
US Exim Bank seeks vote on $5bn loan to Mozambique LNG project
The US Export-Import (Exim) Bank said on Thursday its board intends to vote on a $5-billion direct loan for the development of a liquefied natural gas (LNG) project in Mozambique, the bank’s…
Tesla in talks with LG Chem on battery supply in China
Reuters Seoul/Shanghai US electric vehicle maker Tesla Inc is in advanced talks with South Korea’s LG Chem Ltd to source batteries for vehicles to be made in its Shanghai plant, a person…
The real obstacle to climate action
By Kemal Dervis And Sebastian Strauss/Washington, DC Climate change is probably the biggest threat facing humanity today. According to the United Nations Intergovernmental Panel on Climate Change, the world must cut its…
Trafigura to take stake in Frontline in $675mn deal
Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675mn which will make the Geneva-based trading firm the group’s second biggest…
Copper hits 2-year lows as metals demand outlook dims
(Repeats Monday’s column with no changes to text. The opinions expressed here are those of the author, a columnist for Reuters.) * Fund positioning on CME copper: tmsnrt.rs/2Myafvs * LME Index vs China…
Gas companies ask Pakistan govt to rescue network
Pakistan’s gas network has raised the ‘red flag’ owing to high-pressure levels, compelling the authorities to drastically scale down supplies, particularly from domestic gas fields amid lower electricity demand and better hydropower…