Sunday

14th Apr 2024

Ticker

French power prices jump to fresh record

The cost of French power has jumped to a record-breaking €900 per megawatt-hour, over 10 times the price at this time last year. The surge is driven by outages in the country's nuclear fleet, amid tighter hydropower supplies due to record drought and uncertainty, as Russian gas supply is set to drop from 31 August when Russia shut downs the Nord Stream pipeline to Germany for three days of maintenance.

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UK-EU deal on Gibraltar only 'weeks away'

EU and UK negotiators said that a new post-Brexit settlement for Gibraltar was just weeks away from completion following four-way talks in Brussels on Friday (12 April).

Opinion

Calling time on Amazon's monopolism and exploitation

As Amazon's founder Jeff Bezos just reclaimed the title of the richest person on Earth, its workers cannot even take a bathroom break under the pressure of meeting inhumane performance targets.

Resist backlash on deforestation law, green groups tell EU

European environmental groups have urged the EU Commission to stand firm on implementing the bloc's landmark anti-deforestation legislation — despite a backlash from governments in South America, Africa and some EU ministers.

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