Germany Readies Electricity Price Cap as Economic Pain Mounts

  • 📰 WSJ
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Germany is preparing to introduce a national electricity price cap this fall if the European Union fails to agree on a similar move for the entire bloc, according to government officials

Western leaders are preparing for the possibility that Russian natural gas flows through the key Nord Stream pipeline may never return to full levels. WSJ’s Shelby Holliday explains what an energy crisis could look like in Europe, and how it might ripple through the world.

Illustration: David Fang

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Price caps are always the solution...for loser politicians

Oh well🤷🏻‍♂️

Germany is such a sucker. Let US fleecing it as an 'ally' by importing natural gas at the soared price - with one single shipment might bring in $200 million to US.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia-Ukraine Live Updates: Russia increases penalty for soldiers after mobilizationPolice detained anti-mobilization demonstrators during a protest in St. Petersburg, Russia. THIS MEDIA WILL NOT SHOW YOU WHAT IS HAPPENING IN EUROPE, MASSIVE PROTESTS AGAINST THE 2030 AGENDA AND DEFECTED POLITICS LIKE A BIDEN As long as it’s not Florida Excelente !!!
Source: ABC - 🏆 471. / 51 Read more »

Kremlin stages votes in Ukraine, sees protests in RussiaA Ukrainian governor in a region where Moscow-installed officials organized referendums on joining Russia compared it to 'an opinion survey under the gun barrels,” with election officials joined by armed escorts who took down names of those who voted no. The Russian understanding of Democratic Elections StandWithUkraine I think it's time the Western countries started deporting Russians back to fill their military requirements
Source: AP - 🏆 728. / 51 Read more »

Russia targets dams as Ukrainian troops push southU.K. defense ministry said Russian forces are attacking dams to try and slow Ukraine's advancement south out of Kharkiv by flooding cross points.
Source: FoxNews - 🏆 9. / 87 Read more »

Kremlin stages votes in Ukraine, sees protests in RussiaRussian forces launched new strikes on Ukrainian cities as Kremlin-orchestrated votes took place in occupied regions of Ukraine to create a pretext for their annexation by Moscow. In Russia, hundreds were arrested on Saturday while trying to protest President Vladimir Putin's order to mobilize more troops to fight in Ukraine. Kyiv and its Western allies say the votes underway in four regions of Ukraine are a sham with no legal force. Ukrainian President Volodymyr Zelenskyy urged residents to undermine “this farce.” He also encouraged people called up to fight to desert or sabotage the Russian military. Ukraine’s presidential office said the latest Russian shelling killed at least three people and wounded 19.
Source: chicagotribune - 🏆 8. / 91 Read more »

Kremlin Stages Votes in Ukraine, Sees Protests in RussiaRussian forces launched new strikes on Ukrainian cities as Kremlin-orchestrated votes took place in occupied regions of Ukraine to create a pretext for their annexation by Moscow. In Russia, hundreds were arrested on Saturday while trying to protest President Vladimir Putin’s order to mobilize more troops to fight in Ukraine. Kyiv and its Western allies say the votes underway in four regions of Ukraine are a sham with no legal force. Ukrainian President Volodymyr Zelenskyy urged residents to undermine “this farce.” He also encouraged people called up to fight to desert or sabotage the Russian military. Ukraine’s presidential office said the latest Russian shelling killed at least three people and wounded 19.
Source: NBCNewYork - 🏆 270. / 63 Read more »