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☆ Factbox: The Druzhba oil pipeline from Russia to Europe
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

Oct 12 (Reuters) - Polish operator PERN has detected a leak in one pipeline in the Druzhba system that carries oil from Russia to Europe, it said on Wednesday, an event that will add to concerns about Europe's energy security after the Nord Stream gas pipeline leak. Below are a few facts about the pipeline:* Druzhba is one of the largest oil pipelines in the world, and was built by the Soviet Union. Register now for FREE unlimited access to Reuters.com Register* It starts in central Russia and connects West Siberian oil fields to major refineries in Europe. * The Druzhba pipeline splits into two legs with the bigger, northern one going to Poland and Germany. This section has been pumping around 2 million tonnes, or 490,000 bpd, in recent months.

☆ Leak detected on another Russian pipeline connecting to Europe, but Poland says it looks accidental
▼ + stars: | 2022-10-12 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

PERN said pumping on the damaged Druzhba line, which delivers oil to Germany, was immediately switched off and the scene had been secured. Polish pipeline operator PERN said Wednesday that a leak detected on one of its Druzhba pipelines bringing oil from Russia to Europe was likely caused by an accident. The leak was detected on Tuesday evening on one of the two lines of the Western section of the pipeline, PERN said in a statement. PERN said pumping on the damaged line, which delivers oil to Germany, was immediately switched off and the scene had been secured. The Druzhba pipeline, which translates as "friendship" in Russia, is one of the biggest oil pipeline networks in the world, delivering crude from Russia to much of central and eastern Europe including Germany, Austria, the Czech Republic, Hungary, Belarus, Poland and Slovakia.

☆ Polish pipeline operator PERN says leak detected in Druzhba oil pipeline
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

Companies Pern Spólka Akcyjna FollowWARSAW, Oct 12 (Reuters) - Polish operator PERN has detected a leak in one pipeline in the Druzhba system that carries oil from Russia to Europe, it said on Wednesday, an event that will add to concerns about Europe's energy security after the Nord Stream gas leak. It was detected in a section of the pipe around 70 kilometres from the central Polish city of Plock. The second line of the pipeline, and other elements of PERN's infrastructure, were working as normal, PERN said. A spokesperson for the Czech pipeline operator MERO said it had not seen any change in flows to the Czech Republic. It was not immediately clear how significant the leak in the Druzhba pipeline was.

Firefighters work in the field near the Druzhba pipeline where an oil leak was detected, near the village of Zurawice, Poland, October 12, 2022. Poland said the leak in one of the Druzhba pipelines on the main route for oil to Germany was probably caused by an accident. EU nations have been seeking to reduce their reliance on Russian energy in response to Russia's invasion of Ukraine in February. EU energy ministers were meeting in Prague on Wednesday to try to agree new measures to tackle the crisis. Rocketing gas prices across Europe and Britain have driven up the cost of electricity.

☆ Bucharest nine presidents say Russian bombardments in Ukraine are war crimes
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +1 min

WARSAW, Oct 11 (Reuters) - Mass bombardments of Ukrainian cities by Russia constitute war crimes under international law, the presidents of the Bucharest Nine group of countries, accompanied by the presidents of North Macedonia and Montenegro, said on Tuesday. "We, the Presidents of Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Montenegro, North Macedonia, Poland, Romania and Slovakia condemn the mass bombardments of Ukrainian cities recently carried out by Russia, which constitute war crimes under international law," they said in a statement. Russia calls its actions in Ukraine a "special operation" that it says is not designed to occupy territory but to destroy its southern neighbour's military capabilities and capture what it regards as dangerous nationalists. It has denied deliberately attacking civilians. Register now for FREE unlimited access to Reuters.com RegisterReporting by Alan Charlish and Pawel Florkiewicz, Editing by William MacleanOur Standards: The Thomson Reuters Trust Principles.

☆ Hungary, Serbia agree to build pipeline to ship Russian oil to Serbia
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +2 min

The receiver station of the Druzhba oil pipeline between Hungary and Russia is seen at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File PhotoBUDAPEST, Oct 10 (Reuters) - Hungary and Serbia have agreed to build a pipeline to supply Serbia with Russian Urals crude via the Druzhba oil pipeline as Belgrade's shipments via Croatia fall under EU sanctions, the Hungarian government said on Monday. Serbia gets its oil via the JANAF oil pipeline from Croatia. "The new oil pipeline would enable Serbia to be supplied with cheaper Urals crude oil, connecting to the Friendship oil pipeline," Hungarian government spokesman Zoltan Kovacs tweeted. Hungary has gas reserves covering about five to six months' worth of consumption, Prime Minister Viktor Orban said.

Strengthening the case for another 75 basis point increase, German inflation jumped to 10.9% this month, far beyond expectations for a reading of 10%. "There is no easing in sight, and next year the inflation rate is only likely to fall because energy prices are unlikely to rise again as strongly as this year, partly due to government intervention," Commerzbank economist Ralph Solveen said of the German inflation figures. While few governors ventured to estimate where interest rate hikes could end, de Cos said that models suggest a significantly lower terminal rate than markets now expect. "On the basis of current information, the median terminal rate value across models is at 2.25%-2.50%," de Cos said. Rate hike talk is intensifying even as recession fears rise.

☆ Morning Bid: Gimme Shelter
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +4 min

A look at the day ahead in U.S. and global markets from Mike Dolan. read moreBut with the pound falling anew against the dollar on the credit rating and IMF warnings, the real problem is in UK government bonds, or gilts. read moreWith Wall Street stocks hitting a new low for the year on Tuesday, global shares sank to two-year lows on Wednesday. Fed chairman Jerome Powell and a host of other Fed speakers are in the diary again for later on Wednesday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Slovak parliament approves NATO membership for Finland, Sweden
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Sept 27 (Reuters) - Slovakia's parliament on Tuesday ratified the entry of Finland and Sweden to NATO, becoming one of the last countries to back the military alliance's expansion. Finland and Sweden sought to join NATO this year in response to Russia's invasion of Ukraine. In the 150-seat parliament, 126 lawmakers supported Finland's entry, and 124 voted in favor of Sweden's membership bid. Hungary's parliament has the motion on Finland and Sweden's NATO membership on its agenda, but no date is set as lawmakers return after a summer recess. Russia, which calls its actions in Ukraine "a special military operation", sees the entry of Finland and Sweden as a destabilising move.

☆ Explainer: When EU embargo comes, where will Russia sell its crude oil?
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +4 min

Register now for FREE unlimited access to Reuters.com Register"Russian Urals oil has always been a grade for Europe. It’s much easier for it to negotiate private deals than publicly commit to some price limitation dictated by the West," another trader involved in Russian oil trading told Reuters. Russia also supplies Europe with around 3.2 million tonnes of oil per month via the Druzhba pipeline. "Small players are definitely not enough for Russian oil to be absorbed. China is the last resort for the Russian oil or Moscow has to cut output eventually," a third trader involved in the Russian oil market said.

Another key alumina supply channel was shut off by the closure, also in March, of the Nikolaev refinery in Ukraine. CONTINUED METAL FLOWSCertainly, the flow of Russian metal into Western markets has been robust since march. That extreme premium sucked in every spare unit of aluminium, including a lot of surplus Russian metal. A partial boycott will coincide with increased Russian supply as Rusal's domestic market weakens further under the broader economic sanctions package. You can understand why the aluminium market is starting to worry about the prospect of large volumes of unsold Russian metal being dumped into LME warehouses.

☆ U.S. natgas jumps 4% on rising demand, renewed rail strike worries
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +4 min

REUTERS/Nick OxfordSept 21 (Reuters) - U.S. natural gas futures jumped about 4% to a near one-week high on Wednesday, on forecasts for stronger U.S. gas demand this week than previously expected and renewed worries about a possible U.S. rail strike. A rail strike could boost demand for gas by threatening coal supplies to power plants. Gas prices rose despite expectations gas demand would decline next month when the Cove Point liquefied natural gas (LNG) plant in Maryland shuts for a couple weeks of maintenance in October. Global gas prices have soared due to supply disruptions and sanctions linked to Russia's Feb. 24 invasion of Ukraine. With the coming of cooler autumn weather, Refinitiv projected average U.S. gas demand, including exports, would slip from 92.3 bcfd this week to 89.8 bcfd next week.

☆ Analysis: 'The Handmaid's Tale' gets a new season
▼ + stars: | 2022-09-17 | by ( Analysis Lisa Respers France | ) edition.cnn.com time to read: +7 min

Gone are the days when you had to wait week by week for a hit show's new episodes. Three things to watch'The Handmaid's Tale" Season 5Yvonne Strahovski as Serena Joy Waterford is shown in a scene from the fifth season of "The Handmaid's Tale." 'Atlanta' Season 4Donald Glover as Earnest "Earn" Marks in a scene from season four of "Atlanta." If you watched the show's third season earlier this year, you either loved it or hated it. Death Cab for Cutie "talked about past relationships, failed relationships, our parents' relationships, and relationships that have lasted forever."

☆ Factbox: How governments are trying to ease inflation pain
▼ + stars: | 2022-08-08 | by ( ) www.reuters.com time to read: +5 min

* Mexico will raise the minimum wage by 20% next year after an agreement was reached between employers, labour representatives and the government. EUROPE:* European Union countries are racing to reach a deal on a gas price cap by Dec. 13. The bloc's members are considering a slightly lower gas price cap than the one proposed by the European Commission, documents seen by Reuters showed. * Slovakia will spend 6 billion euros to cap energy prices for households next year. * Tunisia's government in September signed a deal with a major labour union to raise public sector pay and the minimum wage.

☆ Factbox: How much crude oil does the EU still import from Russia?
▼ + stars: | 2022-06-01 | by ( ) www.reuters.com time to read: +3 min

Outside the EU, Russia's top crude oil export markets are China, India and Turkey. Some Russian oil will continue to flow into the EU via pipelines as the ban excludes some landlocked refineries. read moreHOW MUCH DOES THE EU DEPEND ON RUSSIAN CRUDE IMPORTS? Russian oil exports by destinationGermany, the Netherlands and Poland were the top importers of Russian oil in Europe last year, but all three have capacity to bring in seaborne crude. Russian crude oil flows, based on loading data in August, rose month-on-month to Italy and the Netherlands, where Russian oil major Lukoil owns refineries, according to the IEA.

☆ The US pledged to 'defend every inch of NATO territory' after Russia's invasion of Ukraine. So which countries does that include?
▼ + stars: | 2022-02-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

The US and NATO pledged to protect "every inch of NATO territory" amid Russia's assault on Ukraine. "Our forces are not going to Europe to fight in Ukraine, but to defend our NATO allies." But Ukrainian President Volodymyr Zelensky has appealed directly to NATO members in the year since Russia's invasion — a plea, he said, that was initially met with silence. Allowing Ukraine to join NATO at the current moment would require all NATO members to come to Ukraine's immediate defense, prompting near-global war against Russia. Here is a full list of NATO members and the year they joined the organization:

☆ Pandemic restrictions: What was in the first wave and what is now in the world? Op-Ed by Ala Tocarciuc
▼ + stars: | 2020-11-11 | by ( ) www.ipn.md time to read: +8 min

Pandemic restrictions: What was in the first wave and what is now in the world? The purpose of applying the first wave of quarantine was to allow health systems to prepare for a response to the pandemic. Countries have chosen various pandemic tactics for the so-called second wave. The models of restrictions applied in wave one and the models of restrictions applied in wave two are different and now the restrictions depend on several indicators. Reflections on possible scenarios in MoldovaWe tried to slow down the pandemic here with severe restrictions at the beginning of the pandemic.

Persons: Ala Organizations: People, National Medical Company Locations: Moldova, Italy, China, Slovakia, COVID

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