A FISTFUL OF DOLLARS - 3
THE crisis in Ukraine has alarmed the rest of Europe—not just because of the prospect of war, or chaos on its borders, but because a row with Russia over Ukraine's unpaid gas bill threatens energy security in the rest of the continent. Europe could survive a short interruption of a few weeks to the pipelines across Ukraine, assuming that other Russian gas kept flowing. The European Union has built in more resilience since the last upset in Ukraine, in 2009. Now it is hurrying to reduce its reliance further. But measures such as better storage, more interconnectors and diversification of supply will take several years. In the long term Europe could import…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
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