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Coal comeback? Russia could force Europe’s hand

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Europe’s biggest Russian gas buyers were racing to find alternative fuel supplies on Monday and even looking at burning more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled

Europe biggest buyers of Russian gas are racing to find alternative fuel supplies, and some may even turn back to coal.

With Europe and Russia at odds over the Ukraine war, some European leaders face the threat of an energy crisis this winter if gas stores are not refilled.

Italy’s Eni said it was told by Russia’s Gazprom it would receive only part of its request for gas supplies Monday (June 20).

That has pushed the country closer to declaring a state of alert which could lead to gas saving measures.

Germany has also faced lower Russian flows.

The country announced Sunday (June 19) it planned to boost gas storage levels.

It even said it could restart coal-fired power plants it had aimed to phase out.

Economy Minister Robert Habeck called the measure ‘painful’ but a ‘sheer necessity’.

Otherwise, he said, Germany could be ‘blackmailable’ at a political level.

Habeck is a member of the Green Party that has pushed a for a quicker exit from coal – which produces more greenhouse gases.

Russian gas flows to Germany through the Nord Steam 1 pipeline were still running at about 40% of capacity Monday.

Russia’s state-controlled Gazprom last week cut throughput along Nord Stream 1 – which is the main route supplying Europe’s largest economy.

It blamed the apparent return of equipment being serviced by Germany’s Siemens Energy.

But German and Italian officials have said Russia was using that as an excuse to reduce supplies.

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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Blockchain sparks a transformative influence in Australia

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Professor unveils blockchain’s role in transforming the economy and innovative projects taking place at RMIT University.

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, BTC Markets CEO Caroline Bowler interviews Professor Chris Berg, Director of RMIT Digital3 and Co-Founder of the Blockchain Innovation Hub at RMIT University. They discuss RMIT’s cutting-edge projects and the transformative impact of blockchain technology in Australia.

Professor Berg shares insights into RMIT’s Digital3 philosophy, which combines research, innovation, and collaboration to drive the digital economy. Learn about groundbreaking initiatives in blockchain, cyber security, and AI, and how these disruptive technologies are reshaping business, government, and society.

Discover how RMIT is leading the charge in rethinking and regenerating the way we work through world-class research and tailored education, offering a glimpse into the future of technology and its potential to benefit both the economy and society. #crypto corner

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From $25K to $1.5M in real estate: expert unveils game-changing strategy for investors

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Empower your property investing with these key tips

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Dean Fraser, Founder and CEO of BrickFloor. #trending #wyld money

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