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KEY ENERGY: The road to energy diversification goes through here
Wind, Solar and Storage, Energy Efficiency, Sustainable City, E-mobility. These are the sections into which the exhibition area of the 15th edition of Key Energy (Rimini Expo Centre, 8-11 November, alongside Ecomondo), an Italian Exhibition Group event, will be divided. A show that, now more than ever is the place to be in order to accelerate the diversification of Italy's energy supply and to boost system creation in the Mediterranean basin.
Putin’s finances can survive a European energy ban
Russia’s economy will screech along even if it stops exporting energy to Europe. Sanction-free reserves, higher oil prices and a well-oiled propaganda machine would cushion the blow. That makes President Vladimir Putin’s threats to cut the bloc off from gas more credible.
Ukraine bans all imports from Russia
Ukraine has banned all imports from Russia, one of its key trading partners before the war with annual imports valued at about $6 billion, and called on other countries to follow and impose harsher economic sanctions on Moscow.
Russia increases its emergency spending fund by $3.5 billion
The Russian government said on Sunday it has increased its reserve fund used for emergency spending by 273.4 billion roubles ($3.52 billion) to ensure economic stability against the backdrop of Western sanctions over Ukraine.
European Union slashes 10% of Russian imports with new sweeping sanctions
The European Union on Friday formally adopted new sweeping sanctions against Russia, including bans on the import of coal, wood, chemicals and other products which were estimated to slash at least 10% of total imports from Moscow.