The European Commission is retreating from the imposition of a price cap on Russian natural gas, The Guardian reported on Tuesday, citing a leaked document. Instead, the EU’s executive arm is pushing ahead with windfall taxes on energy companies’ “surplus” profits, the paper said. A draft regulation on the “electricity ...
In an announcement by US Defense Secretary Lloyd Austin, a meeting is set to take place this week of senior national armaments directors from allied countries to lay out long-term plans for supplying Ukraine and rebuilding their own stock of arms. “They will discuss how our defense industrial bases can ...