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07.05.26 - 14:24
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Both left and right are deluding themselves about the scale of the energy crisis Britain faces | Ewan Gibbs (The Guardian)
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Decades of complacency cannot be magicked away by drilling in the North Sea – or even by hoping that renewables will quickly power everythingEwan Gibbs is a historian of energy at the University of GlasgowFirst it was Russia's full-scale invasion of Ukraine, now it is the blockade of the world's petroleum artery in the Gulf. For the second time in four years, Britain is facing an energy crisis that has been made much worse because of the absence of preparation by its political leaders.The fact is that our energy politics were conceived for a world where convulsive, global events were a thing of the past. The notion that it would be difficult to access supplies of oil or liquefied natural gas from the international markets did not figure in the understanding of the politicians and officials who shaped our perilous current moment. But even today, the advocates of energy sovereignty on the left and right appear to lack knowledge, understanding or power over this very foundational matter.Ewan Gibbs is a h...
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07.05.26 - 13:30
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Airlines still have to pay compensation if flights cancelled due to fuel crisis, EU says (The Guardian)
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Ryanair says that unlike others it will not be cancelling summer flights, as it hedged fuel contracts before Iran warBusiness live – latest updatesAirlines that cancel flights because of fuel shortages this summer will still have to compensate passengers under European law, the EU transport commissioner has said.Apostolos Tzitzikostas told the Financial Times that jet fuel prices or shortages did not meet the criteria that protect EU airlines from passenger claims. Continue reading......
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07.05.26 - 11:01
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Krisen-Alarm vom IW: Noch weniger Wirtschaftswachstum (Tichys Einblick)
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Damit droht Deutschland nach mehreren Jahren wirtschaftlicher Schwäche erneut eine Phase der Stagnation. „Der Iran-Krieg hat die ohnehin fragile Erholung der deutschen Wirtschaft abrupt ausgebremst“, erklärte IW-Konjunkturexperte Michael Grömling laut einer der Deutschen Presse-Agentur vorliegenden Analyse. Besonders die steigenden Energiepreise, Unsicherheiten an den Rohstoffmärkten und neue Störungen internationaler Lieferketten träfen die exportorientierte deutsche Industrie in
Der Beitrag Krisen-Alarm vom IW: Noch weniger Wirtschaftswachstum erschien zuerst auf Tichys Einblick....
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07.05.26 - 10:06
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Euro und Bund-Future im Aufwind: Märkte setzen trotz Iran-Krise auf Entspannung (Anleihencheck)
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Frankfurt (www.anleihencheck.de) - Die Nachrichtenlage zu den Entwicklungen am Persischen Golf, vor allem auch die aus der US-amerikanischen Administration, sind widersprüchlich, so die Analysten der Helaba.
Während der Präsident den militärischen Geleitschutz für die Passage der Straße von Hormus aussetzen wolle, um die "Fortschritte" in den Verhandlungen mit dem Iran nicht zu gefährden, habe Minister Rubio verkündet, die Operation, um Handelsschiffe zu schützen, stehe im Fokus. [mehr]...
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