Germany’s conservatives are on track to win key state vote

Conservatives win 35% of vote – exit poll SPD at 27.5% of the vote – exit poll The Greens will become kingmakers for the SPD or the CDU Spotlight on job security and coal transition BERLIN, May 15 (Reuters) – Germany’s conservative CDU party was on course to win regional elections in North Rhine-Westphalia on … Read more

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

HONG KONG/LONDON, May 12 (Reuters) – The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off across higher risk assets, which has picked up steam this … Read more

Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely

A man counts US dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. REUTERS/Mohamed Azakir/Files Register now for FREE unlimited access to Register TOKYO, May 12 (Reuters) – The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had expected, keeping the Federal Reserve … Read more

Global Renewable Energy Prices Soar Due to High Demand and a Chaotic Supply Chain

April 13 (Reuters) – Wind and solar power prices in major world markets have soared nearly 30% in a year as developers grapple with chaotic supply chains and soaring costs for everything , from shipping to parts to labor, according to a report on Wednesday. Contract prices for renewables have jumped 28.5% in North America … Read more

In rupture with the EU, Hungary says it is ready to pay for Russian gas in rubles

Gas pipelines are seen at a gas distribution center near the Serbian border in Kiskundorozsma, Hungary, September 28, 2021. REUTERS/Bernadett Szabo Join now for FREE unlimited access to Register Russia demanded gas payments in rubles The European Commission has asked countries to stick to the original contracts Hungary says EU has no role to … Read more