Saturday, 13th August 2022
<To guardian.ng
Search

Choosing between food and electricity: Spain’s energy price hikes hit home

By France24
30 September 2021   |   1:10 pm
The price of electricity in Spain has skyrocketed in recent months, leaving some consumers with difficult choices to make about their spending. The Spanish government has announced measures including a VAT cut and a windfall tax on energy company profits to try to combat the price increases, which have been triggered by the rising price of gas. Also today, the troubled Chinese property developer Evergrande faces a major debt deadline.

Related

12 Jun
An ongoing maritime dispute between Lebanon and Israel has re-entered the spotlight after a production vessel docked in an offshore gas field on Sunday. The Lebanese claim the ship is in disputed territorial waters, but the Israelis refute this. Both countries have yet to agree on maritime demarcation lines and have called on the US to mediate new talks. For more analysis, we speak to oil and gas policy expert Laury Haytayan, who is MENA Senior Officer at the Natural Resource Governance Institute (NRGI).
11 Jun
Traders across various markets in Nigeria have lamented the fast-growing inflation as food prices have continued to record an exponential growth in price. GuardianTV went to the market to speak with both sellers and buys about how expensive things have become.
13 Jun
A new, Russian-owned chain of restaurants has opened in Moscow, with its owner aiming to reopen hundreds of McDonald's venues across Russia under the new brand.
19 Jun
A desperate lack of funding has forced the World Food Programme to suspend some food aid in South Sudan just as the country needs it most. We speak to the WFP's acting country director, Adeyinka Badejo. Also, survivors of one of the most brutal extremist attacks in Burkina Faso say that government forces left them helpless. At least 79 people were killed in the massacre in Seytenga on Saturday. And there are calls for an extension of MINUSMA's mission in Mali after this week's UN Security Council briefing.
19 Jun
The conflict has cut off supplies from Ukraine's ports, which once exported vast amounts of cooking oil as well as cereals such as maize and wheat. This has reduced the global supply and caused the price of alternatives to soar. Global food prices are almost 30% higher than the same time last year, according to the UN.
16 Jun
Ghana's gourmet chef Elijah Addo is reducing food waste and feeding those in need. Once employed by high-end restaurants, Addo today runs West Africa's largest foodbank, and organizing mobile feeding campaigns has become his full-time job.
19 Jun
Egypt's Minister of International Cooperation, Rania A. Al-Mashat, granted an interview to FRANCE 24 in Ivory Coast's economic capital Abidjan. Although the war in Ukraine is threatening Egypt's food security, the minister believes that "pre-emptive action" undertaken by Cairo in the past few years will help "mitigate" the impact of a possible wheat shortage. Al-Mashat also called for the COP27 climate summit in the Egyptian resort of Sharm el-Sheikh in November to be one turning of "pledges" into "implementation".
19 Jun
The global trade watchdog WTO has debated through the night as it struggles to secure various deals. One country in particular has thrown a wrench in the negotiations.
18 Jun
Forest fires have broken out both in Spain and France as a record early heat wave moves northward through Europe. And humans are not the only ones to suffer in the extreme temperatures.
19 Jun
The World Trade Organization has concluded a string of landmark deals, including agreements to improve food security and boost coronavirus vaccine production in the developing world.
20 Jun
The world "missed a historic chance for a clean energy recovery", warns the sustainable energy network REN21. Despite growing investment, clean energy still lags behind fossil fuels when it comes to powering homes and businesses. FRANCE 24's Kate Moody talks to REN21's Executive Director Rana Adib.
22 Jun
Europe continues to struggle with a heat wave, though some have seen a respite from record high temperatures for the time of year. One of several wildfires has raged out of control on Greece's second-largest island.