Category Archives: Europe

European Stainless Steel Mills Are Closing Due To Energy Crisis

Stainless steel mills are now keeling over due to energy price spikes. Who will be next to fall?

How France Underdevelops Africa

Most French colonies in Africa became independent in the 60s. But most are in poverty, much worse off than other African economies.

We Could Massively Reduce the Price of Energy in the UK – By Changing the Way We Regulate Energy Prices

A remedy for the UK/EU energy price shock is changing price rules. But can those fixes be implemented soon enough?

Will Europe Go Down to Defeat Before Ukraine?

Europe has succeeded in hurting itself to hurt Russia, to the degree that a full bore economic and financial crisis seems inevitable.

Ilargi: EU – Controlled Demolition

Puzzling why the EU seems determined to drive itself off a cliff.

Record Number of US Households Behind on Energy Bills; Brace for a Cold Winter

Americans haven’t suffered the same level of energy price increases as the UK and Europe, yet a record number of households are buckling.

Turkey Positions Itself as the Middleman in “East-West” Conflict

After being snubbed by NATO and the EU for decades, and suffering from extremely high inflation, Turkey is moving towards Russia.

Europe’s Gas Price Is Now Equivalent To $410 Per Barrel Of Oil

How LNG scarcity is playing into Europe’s gas woes, and other markets are set to feel the effects of the LNG price squeeze.

Germany to Keep Three Nuclear Plants Going Past Old Shut-Down Date to Alleviate Energy Crunch

Germany looks a wee bit desperate as it suddendly moves to keep three nuclear reactors in producion that were set for shutdown

Italian Technocrats Allow the Right to Weaponize Democracy

Why the Italian right looks set to go from strength to strength.

German Chancellor: Germany Could Keep Nuclear Power Plants Operating After All

A sign of German energy tsuris: Chancellor Scholz suggests reviving nuclear power, in opposition to earlier recommendations by key ministries.

The Russia-Ukraine War, European Financial Integration, and Crises

Fragmentation of euro area financial markets has been relatively limited, as policymakers have benefitted from reforms after and experiences with past crises, European countries and authorities reacted with quite some unity, and direct financial exposures to Russia and Ukraine are relatively small