Saudis Bypass Hormuz As Oil Exports From Yanbu Surge Toward 5 Million Target

Joe Kent, the former head of the National Counterterrorism Center, who resigned in opposition to the war with Iran, said on Sunday that the demand for Iran to give up all nuclear enrichment was a “poison pill” that appeared to be responsible for the lack of a deal after US-Iran talks in Pakistan. “It appears […]

EU Emissions Trading Expansion And The Pressure On German Aviation Industry Submitted by Thomas Kolbe Germany’s leading airline Lufthansa is closing its regional subsidiary CityLine, while low-cost carrier Ryanair is scaling back its Germany operations. Airport locations are under increasing pressure, with tens of thousands of jobs at stake. And how does politics respond to this veritable crisis? Naturally, with further levies. In this case, it was the EU Commission that came forward with the proposal to extend the EU Emissions Trading System (ETS) to international flights departing from Europe. Another new...