Europe may return to coal as Russia rejects gas flows

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Register Germany may take ‘painful’ step to ignite coal power Italy and Austria are also looking to burn more coal … Read more

Sluggish US inflation builds argument for September slowdown in Fed rate hikes

(Reuters) – Evidence of declining inflation in the United States will not displace Federal Reserve policymakers from the half-point interest rate hikes planned for the upcoming June-July meetings, but it could prompt a shift to smaller rate hikes in September if The trend continued. A report released by the US Department of Commerce on Friday … Read more