Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market threatened by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday … Read more

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

A Somali boy’s mission to find food as climate change takes its toll

Somalia at nexus of ‘three Cs’ – conflict, costs, climate change Climate change means extreme weather patterns more common Children in Dollow town malnourished, scramble for food Million forced from homes and land by drought Drought envoy urges international community to do more DOLLOW, Somalia, June 20 (Reuters) – Each morning in this Somali border … Read more

Biden unveils new Latin America economic plan at reboot summit dogged by dissent

LOS ANGELES, June 8 (Reuters) – President Joe Biden announced on Wednesday a proposed new US economic partnership with Latin America aimed at countering China’s growing clout as he kicked off a regional summit marred by discord and snubs over the guest list. Hosting the Summit of the Americas in Los Angeles, Biden sought to … Read more

US wheat crop hit by dry winter then soggy spring, adding to global tightness

May 31 (Reuters) – North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short of millions of tons of wheat supply. Heavy rain has prevented Grotberg from planting as much wheat crop as he wanted … Read more

Ukraine’s embattled farmers running on empty as world faces food crisis

More than 20 million tonnes of grain stuck in silos Farmers waiting weeks for diesel deliveries Ukraine seeks other export routes as ports blocked PARIS / LONDON, May 25 (Reuters) – After making it through the spring planting season, sometimes with the help of bulletproof vests and helmets, Ukraine’s farmers are facing another challenge – … Read more

Exclusive: China seeks Pacific islands policing, security cooperation

Chinese Foreign Minister Wang Yi poses for a picture prior to meeting US Secretary of State Antony Blinken on the sidelines of the G20 summit in Rome, Italy October 31, 2021. Tiziana Fabi / Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register SYDNEY, May 25 (Reuters) – China will seek a … Read more

Biden says no change on ‘strategic ambiguity’ as Taiwan overshadows Quad talks

TOKYO, May 24 (Reuters) – President Joe Biden said on Tuesday there was no change to a US policy of “strategic ambiguity” on Taiwan, a day after he angered China by saying he would be willing to use force to defend the democratic island . The issue of Taiwan loomed over a meeting in Tokyo … Read more

EXCLUSIVE Top EU official backs multi-trillion plan to rebuild Ukraine

Rebuilding Ukraine will cost trillions of euros – top EU banks EIB chief Hoyer calls for Marshall-style Plan for Ukraine Urges West and its banks to underwrite Ukraine finances BRUSSELS, May 11 (Reuters) – A top European official has backed a multi-trillion-euro “Marshall” -style plan to rebuild Ukraine, pledging the firepower of the EU lending … Read more

Exclusive: Germany prepares crisis plan for abrupt end to Russian gas

BERLIN, May 9 (Reuters) – German officials are quietly preparing for any sudden halt in Russian gas supplies with an emergency package that could include taking control of critical firms, three people familiar with the matter told Reuters. The preparations being led by the Ministry of Economic Affairs show the heightened state of alert about … Read more