German government seeks electricity price cap in January
05 November 2022 | 12:08 pm
Chancellor Olaf Scholz's government has firmed up its plans for addressing the energy crisis as the country heads into winter. The plans still need to win the approval of Germany's state leaders.
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Finance Minister Christian Lindner, whose FDP party is losing ground in the polls, has once again raised the debate of fracking for natural gas. The proposal could crack the governing coalition, as well as the bedrock.
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Russian airstrikes on power plants have left many Ukrainian cities with little or no electricity. Attacks have also knocked out water supplies in several areas. Fighting rages on, with multiple front lines across the country.
13 Nov 2022
German Economy Minister Robert Habeck wants to stop the sale of a chip production plant to a Chinese investor. The Green Party politician has expressed concern about giving China control over key infrastructure.
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Talks are taking place in Brussels on a proposal to set the ceiling for the price of Russian natural gas at €275 per megawatt hour. The plan has come under criticism from all sides for either being too complicated, too high or unnecessary.
The Ukraine war has eaten up the Bundewehr's munitions stockpile, sparking concern among politicians and the military. Meanwhile, inflation is eating away at the €100 billion in extra military spending pledged by Berlin.
The European Union approved a plan to cap prices of Russian oil at $60 a barrel, with the deal coming into effect December 5. Ukrainian President Volodymr Zelenskyy thinks it may not be enough. Follow DW for the latest.
5 Dec 2022
The price cap could make it difficult for Moscow to sell its oil for a higher price. Meanwhile, a senior US intelligence official said the war was at a ''reduced tempo.'' DW has the latest.
Nigeria’s House of Representatives’ Committee on Public Accounts has summoned the Managing Director of Nigeria Bulk Electricity Trading over the ₦4 trillion debt owed by some international electricity customers since 2018.
EU member states are divided on the cap, with Germany, Austria and the Netherlands skeptical of the policy. Talks will resume on Monday, with France a key player in the final negotiations.
After months of negotiation, the EU reached an agreement on a gas price cap at 180€ per megawatt hour. However, concerns remained about its impact on gas supples.
What do the backers of Brazil's ransacking of official buildings stand for? Jair Bolsonaro's backers were inspired by the 2021 storming of the US Capitol by Donald Trump supporters. In both cases, it started with unfounded claims of election fraud long before the vote and ended in violence.
TV critic Dheepthika Laurent speaks to Eve Jackson about all the hottest shows of the month and the year so far. Among them are new Netflix show "En Place", or "Represen’t" in English, which imagines France's first black president; "The Last of Us", a post-apocalyptic zombie drama getting critical acclaim; and "Kaleidoscope", which is already one of the most talked-about shows this year.
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Although climate change has been conspicuously absent from Nigeria's political agenda, the tangible effects of global warming are undeniably present. The country has one of the highest rates of desertification in the world, many of its cities are under threat from rising sea levels, and the 2022 floods resulted in hundreds of fatalities and displaced over a million people.
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A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.
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For the first time in nine years, leaders from the regional bloc formerly known as the Union of South American Nations have convened this week in Brazil. The gathering of these 11 countries has demonstrated a renewed spirit of cooperation. A notable highlight is Brazilian President Lula da Silva's meeting with Venezuela's authoritarian President Nicolas Maduro, a significant move, as diplomatic relations were severed under Lula’s predecessor, Jair Bolsonaro.
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A child was among those killed in the missile attacks on Kyiv's eastern outskirts, according to Ukrainian officials.
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On one page of 15 pages of early drafts for the rock opera, songwriter Freddie Mercury wrote the words “Mongolian Rhapsody” near the top – but crossed out the first word and wrote “Bohemian” above it, the New York Times reports.