Tag: Europe

People take part in the Global Climate Strike of the movement Fridays for Future, in Berlin, Germany, March 3, 2023. (File/AFP)
Business

Germany may lose €900bn to climate change by 2050

Climate change may cost Europe’s biggest economy, Germany, about 900 billion euros in cumulative economic damage by 2050. This is according to a study that came out on Monday, as Germany seeks climate adaptation measures to cut the damages bill that would be caused by the extreme weather conditions. Reuters reported that this study by […]

Opinion

Low demand for Nigeria’s LPG to affect forex earnings – Expert

A senior analyst at Financial Derivatives Company, Oluwatomi Mayowa, has projected a decline in demand for Nigeria’s natural gas, which will subsequently reduce the amount of foreign exchange earned through exports.   This projection is as a result of the fall in global natural gas prices by over 50% in January, while, noting that natural […]

What we'll do if Putin cuts gas supply - EU
News

What we’ll do if Putin cuts gas supply – EU

The European Union has revealed its next move if Russia’s President, Vladimir Putin, stops the supply of gas to Europe. It would be recalled that Russian gas giant, Gazprom, on Friday said that the Nord Stream pipeline linking Russia to northern Germany, which was due to resume service Saturday after a three-day interruption for maintenance […]