The decision by the UK to withdraw from the European Union could lead to higher energy prices and a shortage of energy resources if the country fails to achieve acceptable conditions for Brexit, the report of the parliamentary committee of the upper house of parliament says. Britain imports about...

China intends to extend its New Silk Route project to the Arctic territory for the development of new navigable routes, which appeared as a result of global warming, Reuters writes. Having issued its first official document on the policy in the Arctic region, the White Paper, China stated that it...

The European Union must provide 578 million euros to build a transmission line to deliver excess electricity from Spain to France, a source in the European Union said. The grant will be the largest allocated to the energy infrastructure in the EU. The construction of a 370-kilometer French-Spanish...

Greece in 2018 will become a "normal country of the euro area" and will leave the program of external financial assistance, said European Commissioner for Economic and Financial Affairs Pierre Moscovici following the meeting of the Eurogroup. According to him, this year should become special for...

In what turned out to be a chaotic end to the first year as U.S. President for Donald Trump, the U.S. Government went into a partial shut down following the failure of an eleventh-hour effort to ensure a deal for government funding.   A dramatic late-night voting stopped a stop-gap measure...

Twitter is getting ready to make about 700,000 if its users in the U.S. aware that they had either followed or retweeted or liked posts that were linked to a Kremlin-linked troll account. This was said by the social media company on said Friday.   A Russian government related troll army in...

2017 was the second warmest year for Earth ever since records had been kept according to multiple reports of environment and other agencies.   Ever since modern recordkeeping began in 1880, 2017 was adjudged to be the second warmest year according to the U.S. space agency NASA. On the other...

France and Germany want to achieve a common position on the reform of the Eurozone, including the convergence of taxes, capital markets and the banking union, between March and June this year, French Finance Minister Bruno Le Maire said on Thursday. Speaking after talks with his German counterpart...

Germany's proposal to pay about 1 thousand euros to individual asylum seekers and 3 thousand euros to refugee families for voluntary return to their homeland provoked condemnation and approval simultaneously. But the economic center of Europe, which in 2015 received a million refugees, is not the...