Facing the looming prospect of natural gas shortages across Europe this winter, Israel has cranked up production in its natural gas fields with the expectation of increasing exports to neighboring...
Amazon Issues Proposals to Avoid Antitrust Fines in EU
Online retailer Amazon issued a series of proposals on Monday in an attempt to avoid massive antitrust fines from European Union (EU) regulators. The investigation began in 2019 and is centered...
EU Embargo Affecting World Order of Energy Producers
The EU's embargo on Russian oil imports was intended to counter Vladimir Putin's war in Ukraine by denying his government billions of dollars in energy sales. It may be doing so, but it is also...
EU to Require Standard Charging Port for Devices
Under a provisional agreement, the European Union will require technology companies to incorporate a common charging port, USB Type-C, in all smartphones and tablets by 2024 and laptops by 2026. The...
EU to Ban Russian Real Estate Purchases
The EU announced last week that it would be voting to implement new sanctions against Russia, the sixth round it has imposed since the country invaded Ukraine. This sanction package is unique as...
U.S. to Increase Gas Exports to Europe
President Joe Biden and President of the European Commission Ursula von der Leyen announced in Brussels Friday that the U.S. and European Union will be launching a joint task force. The task force...