When President Donald Trump announced Wednesday that he’s winding down the U.S. war on Iran and washing his hands of the embattled Strait of Hormuz, he invoked what he likes to call America’s “energy dominance”: The United States has become the biggest oil producer in the world, and no…
Category: 3. Europe
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5 countries ask Brussels to tax energy companies benefitting from Iran crisis – POLITICO
In the letter, the ministers argued Brussels should do as it did following Russia’s 2022 invasion of Ukraine, when it authorized the imposition of a temporary “solidarity contribution” on energy companies to “mitigate the direct economic effects of the soaring energy prices for public…
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Job growth shatters expectations in March, in boost to Trump
U.S. job growth surged past expectations in March and the unemployment rate dropped, giving President Donald Trump some breathing room as the economy comes under increasing pressure over the war in Iran and rising oil prices.
Companies added a net 178,000 jobs last month, the Labor Department…
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Trump wants the world to buy more US oil. He might regret it.
President Donald Trump wants the world to buy more U.S. oil, but he might regret the offer if it raises gasoline prices.
Trump in his speech Wednesday night specifically called on countries dealing with fuel supply shocks brought by the U.S. and Israeli war against Iran to purchase more from…
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Die Wiederauferstehung des Landes – mit Ulf Poschardt – POLITICO
Deutschland sehnt sich nach einem Comeback, doch der versprochene Aufschwung der schwarz-roten Koalition lässt auf sich warten. Während traditionsreiche Parteien wie die SPD und die FDP schwächeln und die Union als Kanzlerpartei nach Orientierung sucht, regieren im Land eher…
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Trump weighs more Cabinet changes after Bondi ouster – POLITICO
No final decisions have been made on Chavez-DeRemer and Lutnick — and Trump has contemplated firing people and then backed off before.
Should Trump proceed with a larger set of Cabinet changes, it could represent a major attempted reset for an administration confronting an ominous…
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NATO’s Rutte to meet with Trump at White House amid attacks on alliance
NATO Secretary General Mark Rutte will meet with U.S. President Donald Trump next week, setting up a potentially heated dialogue after Trump’s frequent attacks on NATO allies’ lukewarm support for the war in Iran.
Rutte will travel to Washington to meet with Trump on Wednesday, Rutte’s…
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Hungary’s maverick Two-Tailed Dog party combats Orbán with satire – POLITICO
Hungary’s maverick Two-Tailed Dog party combats Orbán with satire – POLITICO
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Faced with new energy shock, Europe asks if reviving nuclear is the answer
In 1990, Europe produced around a third of its electricity from nuclear power. That has now fallen to an average of 15%, leaving the continent “completely dependent on expensive and volatile imports” of fossil fuels, she said, putting Europe at a disadvantage compared with other regions of the…
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After 16 years in power, can Viktor Orban finally be unseated?
A slight figure in neat shirts and jackets, Magyar seemed too slick and urbane to reach the hearts of the rural electorate, but has proven himself a strong challenger. Orban, 62, is a village boy who speaks village Hungarian, Magyar is a Budapest lawyer by training. Conscious that his status as…
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