Baltic States

Warning of new ice age in Europe as currents in the Atlantic approach a catastrophic tipping point

Ben Aris in Berlin February 14, 2024

The currents that circulate in the Atlantic are approaching a “tipping point” that will change the way water flows around the oceans of the world, which will have a catastrophic climate impact on countries around the world.

EU may sanction Chinese companies for the first time for facilitating Russia’s flourishing trade with friendly countries

bne IntelliNews February 13, 2024

The EU is contemplating the unprecedented step of imposing sanctions on three Chinese companies alleged to be aiding Russia's military actions against Ukraine, Bloomberg reports.

Hydrogen production and demand to grow in 2024, but only slowly

bne IntelliNews February 12, 2024

Hydrogen production and use are expected to grow in 2024, but it remains very expensive to produce and transport, making progress slow.

Oil and gas companies to invest over $1 trillion in the next decade expanding production

bne IntelliNews February 12, 2024

A report from climate campaign group Global Witness reveals that the fossil fuel sector is anticipated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas production.

BaltCap manager suspected of embezzling and gambling away up to €30m

Linas Jegelevicius in Vilnius February 7, 2024

Scandal exposes supervision loopholes in the fund, banking and gambling industries.

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