Thursday

28th Mar 2024

Ticker

Russia and US could scrap another nuclear arms treaty

There was "minimal" chance of Russia agreeing to extend a nuclear arms treaty, called New Start, beyond 2020, Russian deputy foreign minister Sergei Ryabkov told Russian state media Monday. "We cannot talk in this manner," he said after the US urged a quick deal before American elections November. New Start limits stockpiles of "strategic" warheads, designed for intercontinental warfare. Russia and the US also recently abandoned a short-range weapons treaty.

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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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