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Top related persons:
Josep Borrell - 1 Borrell - 1 Luisa Moreno - 1 Jakub Porzycki - 1 Stewart Randall - 1 Intralink - 1 Randall - 1 Brady Wang - 1
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4 mentions found


☆ EU officials say sanctions against Russia have had 'hard tangible effects,' and that the country's future is bleak
  + stars: | 2023-08-29 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +3 min
Sanctions on Russia have had a withering effect on Moscow's economy, the European Union said. That's one of the main reasons why Russia's economic future looks "bleak," according to one official. Despite Putin's show of defiance, scholars say Russia is in a far worse state than the Kremlin has let on. The European Union imposed 11 rounds of sanctions against Russia starting shortly after it invaded Ukraine in February 2022. Russia's energy revenue tumbled 45% over the first quarter of this year after the EU oil ban took effect.
Persons: Josep Borrell, Borrell Organizations: European Union, Kremlin, Service, Union, Russia, EU, European Commission, Organization, Economic Co Locations: Russia, Wall, Silicon, Ukraine, Moscow, Europe
☆ China's chip metal export curbs are 'a wake up call' for countries to diversify their supply chains
  + stars: | 2023-07-13 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +3 min
Luisa Moreno, President of mining company Defense Metals Corp, expects China to further restrict metal exports which could include rare earths. Jakub Porzycki | Nurphoto | Getty ImagesChina's metal export curbs on gallium and germanium could spur some countries to diversify their supply chains away from China. Rare earths are essential for high-tech consumer products like smartphones and military equipment like radar systems. Rare earths make up a group of 17 elements composed of scandium, yttrium, and the lanthanides. China also threatened to stop rare earths exports to the U.S. in 2019.
Persons: Luisa Moreno, Jakub Porzycki, Stewart Randall, Intralink, Randall, Brady Wang, Moreno, Counterpoint's Wang, Intralink's Randall, Ross Berntson Organizations: Defense Metals Corp, Nurphoto, Getty, CNBC, Alliance, Europe Commission, Counterpoint Research, Indium Corporation Locations: China, Shanghai, Europe, Japan
☆ Protesters in Madrid mark anniversary of deadly day at Spain-Morocco border
  + stars: | 2023-06-23 | by ( Elena Rodriguez Joan Faus | Elena Rodriguez | Joan Faus | ) www.reuters.com   time to read: +3 min
"It was a day of pain and rage," demonstrator Luisa Menendez, 73, told Reuters, referring to June 24, 2022. In a report released to mark the anniversary, Amnesty International accused Spain and Morocco of a cover-up for failing to properly investigate events at the Melilla border last year. In the incident, around 2,000 migrants and refugees from sub-Saharan Africa attempted to enter Melilla from Morocco. Separately, the Council of Europe Commissioner for Human Rights said last month there is "no genuine and effective access to asylum at the border" between Nador (Morocco) and Melilla. Reporting by Joan Faus and Elena Rodriguez Editing by Alexandra Hudson and Frances KerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Luna Reyes, Read, Luisa Menendez, Spain, Beatriz Sanchez, Joan Faus, Elena Rodriguez, Alexandra Hudson, Frances Kerry Organizations: Borders, Moroccan, Reuters, Amnesty International, Amnesty, Spain's Interior Ministry, Migration Affairs, of, Human Rights, Thomson Locations: Spanish, Morocco, Spain, El, Ceuta, MADRID, BARCELONA, Europe, Melilla, Madrid, Africa, Nador
☆ Russia's liquefied natural gas exports are near a record high, as the realities of a harsh winter eat away at countries' promises to curb their dependence on Moscow
  + stars: | 2022-11-08 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Russia's LNG exports rose 1.1% on-year to a record high of nearly 4.3 billion cubic meters in October. The EU is replacing piped Russian gas with imported LNG cargoes, which could pose a political risk. This gas supply has ceased indefinitely after an 'unprecedented sabotage' of the pipelines that transport natural gas from Russia to Germany. The EU imported 54.2 billion cubic meters of Russian piped gas in the first nine months of 2022 and 105.7 billion cubic meters in the same period of 2021, per Politico. But the EU snapping up Russian LNG still still leaves it vulnerable potential political ramifications from the Russia-Ukraine war.
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