The oil embargo against Russia will not change President Putin's calculation, warns Daniel Gros. The decisive lever is not to limit imports, but to lower the price of oil. But this requires a significant increase in the production volumes of other countries.
By Redaktion Table
At the Shangri-La Forum, China and the United States trade blows: US Secretary of Defense Austin criticizes Beijing's growing provocations, China threatens war. At the same time, however, Beijing emphasizes that it has not actively supported Russia in the war against Ukraine.
By Redaktion Table
The French president's alliance can hope for the most seats in the National Assembly. However, its own majority after the second round of voting is not a safe bet. The left-wing alliance around the anti-capitalist Jean-Luc Mélenchon has made strong gains.
By
The ETS reform initially failed at its first reading in the EU Parliament. New alliances must now be forged in the Environment Committee, which will then survive the new vote in July. The lines of conflict remain the same for the time being, but new compromises could well ensure greater satisfaction.
By Lukas Knigge
