we begin with the turmoil on financial markets today, the pound sterling continues to languish against the us dollar and several other currencies. the slide in its value was triggered by last week s mini budget, with its controversial package of tax cuts. let s get historical for a moment. we have records for sterling against the dollar going back through history, and in the early hours of monday morning it reached an all time low that is since the creation of the us currency in 1792. let s take a closer look at the past few days the dollar has been strong but this further drop down is about sterling weakness, with a bit of a recovery and then falling back again. you can see this dramatic few days, sterling weakness with a little bit of recovery before it fell back again. on friday and monday there were massive moves within a day, which for a currency like sterling is rare. and one of the impacts of a low pound means that we import inflation, oil and gas is more expensi
while europe swelters, the eu is looking ahead to winter, and what to do if russia cuts off gas supplies completely. we need to save gas to fill our gas storages. to do so, we have to reduce our gas consumption. find storages. to do so, we have to reduce our gas consumption. and we will look at sri reduce our gas consumption. and we will look at sri lanka, reduce our gas consumption. and we will look at sri lanka, with reduce our gas consumption. and we will look at sri lanka, with the - will look at sri lanka, with the country has chosen a new president who may be just as unpopular as his predecessor. the next uk prime minister will be either rishi sunak, the former chancellor, or liz truss, the foreign secretary. we reached these two names after several elimination rounds voted by conservative mps. this was the moment we got the result. the numbers of votes cast for each candidate is as followed. penny mordaunt, 105. rishi sunak, 137. liz truss, 113. therefore, rishi
Rusted assault on ukrainian gas plans causing problems for european supplies with matt we get the view from kyiv. Good evening. President biden has told the pro palestinian demonstrators they have the right to protest, but not a right to cause chaos. It was the first time the president has spoken on the campus protests amid criticism from donald trump and republicans that he has been absent from the debate. Peaceful protest in america. Violent protest is not protected. Peaceful protest is. Its against the law when violence occurs. Destroying property is not a peaceful protest. Its against the law. Vandalism, trespassing, breaking windows, shutting down campuses, forcing the cancellation of classes and graduations none of this is a peaceful protest. Threatening people, intimidating people, instilling fear in people is not a peaceful protest. Its against the law. Dissent is essential to democracy, but dissent must never lead to disorder or to denying the rights of others so students can
Spain s consumption of natural gas dropped for the second year in a row in 2023, falling almost 11% as the country used more renewable sources to produce electricity.
The Israel-Hamas war has brought the question of East Med energy security and the geopolitics of energy back to the fore… energy security concerns resurface frequently in a volatile region. [Gas in Transition, Volume 3, Issue 11]