Browsing: Europe

Riverbeds reduced to tiny streams, asphalt melting like butter, dried-up fields — these are currently the images of drought in Central and Southeastern Europe. The record-breaking lack of rainfall in recent months and this summer’s heatwaves have caused severe damage to the region’s economy and infrastructure. 

“They told us we would have a place of refuge in Spain, and it was a lie”. That is how one migrant described his journey to Ceuta. He was among tens of thousands who believed Europe had finally opened its doors. Some scrambled over razor-wire fences. Others slipped through gaps in the chain-link barrier. Many…

OneChronos announced the production launch of its European trading venues, OneChronos Markets UK Limited and OneChronos Markets NL B.V., providing institutional investors with access to pan-European equities and equity-like instruments through a fundamentally different approach to market design and best execution.

ING’s Warren Patterson and Ewa Manthey report European natural gas prices have bounced higher as Middle East tensions disrupt Qatari LNG exports. They flag QatarEnergy’s extended force majeure, reduced EU LNG imports and below-average storage levels. With heatwaves complicating injections, they expect tighter-than-usual storage at the start of winter and elevated gas prices with potential…