Hungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas Standoff

Hungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas StandoffEurope is suffering and struggling to contain an energy crisis according to various reports that say the eurozone might have to deal with a cold winter that could lead to energy rationing and blackouts. A recent survey published by the General Confederation of Greek Workers (GSEE) shows seven out of ten Greeks purchase less food […]

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Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies

Europol Sees in Cryptocurrency and Blockchain Technologies Tools to Tackle CrimeAbuse expands with use in the case of cryptocurrency, Europol has acknowledged while also noting that blockchain technologies offer authorities a new opportunity to fight crime. Europe’s law enforcement agency also says they can help investigate money laundering networks. Understanding Cryptocurrencies Is Vital to Tackling Organized Crime, Europol Says The growing use of cryptocurrency across […]

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Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’

Putin Threatens to Let Europe 'Freeze' — Russian President Warns 'We Will Not Supply Gas, Oil, Coal, Heating Oil'Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply the industrialized economic powers and the West with energy. “We will not supply gas, […]

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Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls

Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price ControlsWith the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin disrupted the European Union’s main gas supplies. Now members of the European Commission […]

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Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt

Rome’s Financial Volatility to Shock to the Eurozone — Hedge Funds Bet $39 Billion Against Italian DebtHedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy crisis, and an inflation rate […]

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