timebulletin.us

Not so fast: Brussels snubs Merz’s suggestion for EU-China trade deal

The European Commission has cast aside German Chancellor Friedrich Merz’s suggestion to pursue a trade deal between the European Union and China, calling instead on Beijing to “meaningfully” address its distortive economic practices. ADVERTISEMENT ADVERTISEMENT The bloc, like most developed economies, is struggling to contain a ballooning trade deficit with…

Europe’s gas prices on the brink as Qatari LNG flows stall

Prolonged disruption to liquified natural gas (LNG) supplies from the Middle East could send prices sharply higher and revive memories of the 2022 energy crisis, analysts warn, as Europe’s gas market is once again on edge. ADVERTISEMENT ADVERTISEMENT Gas prices could climb as high as €155/MWh, tripling the current price…