Is EU playing second fiddle to US, China on energy targets?

Is EU playing second fiddle to US, China on energy targets?

There’s a growing divergence between EU targets and national plans, and electrification is not happening quickly. Are voters turning their backs on the EU’s 2030 climate objectives? Year-to-date natural gas consumption is 3.1% down, to 195.6 bcm from 201.9 bcm in 2023. Milder weather has reduced household consumption. In general, the trend is downwards. Europe … Read more

Oil and gas will be around , ‘for quite some time’

Oil and gas will be around , ‘for quite some time’

The OPEC+ group of oil producers has extended its production cuts totaling 3.66 mln bpd until 2025, maintaining a controlled supply while taking advantage of the current price of the benchmark Brent crude at over $85/barrel. OPEC forecasts that cumulative oil-related investment requirements from now until 2045 will amount to about $14 trln, or around … Read more

Cyprus partnership growing stronger, deeper, says Blinken

Cyprus partnership growing stronger, deeper, says Blinken

Secretary of State Anthony Blinken said the U.S.-Cyprus partnership is growing stronger, deeper and broader, and that Cyprus is “an important player in the region and a partnership for the United States that we deeply value.” A bilateral agreement was also signed bringing Cyprus closer to being included in the visa waiver programme for entry … Read more

An athletic president and an ungoverned state

An athletic president and an ungoverned state

The president has been criticized for not making tangible changes or addressing important issues in the country. Despite his stylish public appearances and activities, such as attending sports events with his child, the lack of visible progress in solving pressing problems like traffic congestion, education system inefficiencies, healthcare issues, and more, raises concerns about his leadership. The focus should be on addressing these issues rather than on his personal style and public appearances.

Europe’s third largest travel operator files for bankruptcy

Europe’s third largest travel operator files for bankruptcy

FTI, a German tourism company, has filed for bankruptcy after failed negotiations with the government. The bankruptcy affects 11,000 employees and many travelers who have booked trips. The company had been struggling even before the pandemic and had received financial support from the government and other sources. Efforts are being made to ensure that current vacations can be completed and refunds will be handled by the Travel Insurance Fund.

Cyprus to showcase maritime prowess at Athens conference

Cyprus to showcase maritime prowess at Athens conference

Fact: Cyprus is set to make a significant showing at the international shipping conference Posidonia 2024 in Athens, with around seventy companies participating.

Golden Dawn leader Michaloliakos to return to prison

Golden Dawn leader Michaloliakos to return to prison

Nikos Michaloliakos, former leader of Golden Dawn, will return to prison after the Court of Appeals nullified a previous ruling that had allowed his release. He was convicted of leading a criminal organization and will continue to serve his 13-year and 6-month sentence. The decision came after judges accepted the prosecutor’s recommendation, citing Michaloliakos’ continued glorification of illegal Nazi-type practices despite his conviction as a reason for his return to prison.

Cyprus has consistently alienated friendly countries

Cyprus has consistently alienated friendly countries

The fact described in the text is that every time Cyprus faced isolated attempts for recognition of the illegal entity in the occupied part of Cyprus, the country always turned to the United States government for help, and the US always responded positively to avert the danger.