Tag: Europe
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The Wall Street Journal | U.S. Sells $1 Billion in Arms to Europe for Ukraine, Sealing Shift in Weapons Pipeline
๐บ๐ธ๐ซ๐ค๐ธ๐ช๐บโก๏ธ๐บ๐ฆ โ ๐ฐย | Trump has stopped sending U.S. weapons to Kyiv, but he is willing to let allies buy them for transfer to Ukraine “In one of the clearest demonstrations to date of how the Westโs approach to arming Ukraine against Russia is shifting under President Trump, four European countries are buying U.S. military…
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African Migration Trends: Moving Within the Continent
A recent study by the African Union has highlighted a significant trend in African migration patterns: many African migrants are choosing to relocate to neighboring countries rather than attempting the perilous journey to Europe. This shift reflects the increasing interconnectedness and opportunities within the continent. According to data from the International Organization for Migration (IOM),…
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Why are gas prices in the EU several times higher than in the US?
EU gas prices are 4-5 times higher than those in the US, the report on the future of European competitiveness says. “Even though energy prices have fallen considerably from their peaks, EU companies still face electricity prices that are 2-3 times those in the US. Natural gas prices paid are 4-5 times higher. This price…
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European oil refining struggles amid development of African and Middle East refineries: reports
Refining in the G7 countries is in a depression, blamed on low demand, probably driven by the green agenda, and high competition from African and Middle Eastern refiners. European energy companies such as TotalEnergies, Neste and Repsol are losing profits from their refineries. Underlying profitability at EU refineries fell 37% in the second quarter compared…
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Tunisia urges Europe to increase assistance to tackle migration crisis
Tunisia’s prime minister urged European countries on Wednesday to increase financial assistance to his country and others to help tackle the flow of migrants from sub-Saharan Africa. Tunisia has faced protests by local residents and extra financial costs over migrants arriving from other countries in the hope of travelling on to Europe by sea, risking…
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Visa & Western Union Collaborate for Cross-Border Transfers
Visa and Western Union expand their collaboration to transform how money is transferred across borders using Visa Direct Leading payments processing company Visa has expanded its collaboration with Western Union by signing a new seven-year agreement that will enable Western Union customers to send money across borders to family and friends with eligible Visa cards. Visa will deliver this…
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