Thursday

28th Mar 2024

Ticker

Erdogan: UN has 'collapsed' in the face of Gaza violence

Turkish president Recep Tayyip Erdogan said on Wednesday that the UN has "collapsed" and described the international body as "finished" because of its lack of response to Israel's use of force against demonstrators in Gaza, where over 60 Palestinians were killed and thousands wounded during protests earlier this week. Irish premier Leo Varadkar blamed the US decision to relocate its embassy to Jerusalem for the violence.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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