Over the past year, Russia has cut gas exports to the EU by 75%, violating long-standing supply contracts. Yet the EU is paying as much for Russian gas as it did before prices rose last autumn, shows new research from the Centre for Research on Energy and Clean Air (CREA), which has been tracking EU gas payments and flows.
Finance
Frances Coppola: Apple Isn’t Disrupting Banks, It Is Helping Them
The card that is “created by Apple, not a bank” is actually issued by – a bank. Read here
Economics
Tim Wu: The Tyranny of Convenience
Our taste for convenience begets more convenience, through a combination of the economics of scale and the power of habit. The easier it is to use Amazon, the more powerful Amazon becomes — and thus […]
Geopolitics
DropSite – Israel assassinates three journalists in Lebanon; Iranian universities and energy sites targeted; Cuban oil embargo broken
A useful round-up of today’s foreign policy news. Read the article HERE.
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