News

Germany halts Nord Stream 2 approval over Russian aggression with Ukraine

Published

3 years ago

February 23, 2022

Germany has halted the certification process for the controversial Nord Stream 2 gas pipeline in reaction to Russia’s aggression with Ukraine

Germany stopped the process after Russian President Putin announced that his nation would recognise the self-proclaimed republics in Luhansk and Donetsk in east Ukraine.

German chancellor, Olaf Scholz announced swift actions are being taken in response the growing threat that Moscow is preparing to invade its neighbour.

“This may sound technical, but it is the necessary administrative step without which the pipeline cannot be certified,”
Scholz said at a press conference in Berlin at midday.

Germany’s energy minister, Robert Habeck instructed the withdrawal of a security-of-supply assessment granted under Angela Merkel’s tenure, which is required to authorise the pipeline between Russia and Germany.

“Without this certification Nord Stream 2 cannot go into operation”.

Mr Scholz stated that he has commissioned a new assessment into Germany’s energy security as tensions between Russia and Ukraine reach boiling point.

Leaders

Niche accountants proving essential to e-commerce success

Published

7 hours ago

October 9, 2024

ticker NEWS

Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

12 hours ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

Leaders

Israeli claims airstrikes have killed two successors to Hezbollah’s slain leader

Published

12 hours ago

October 9, 2024

ticker NEWS

The update comes as Israel expands its ground offensive against the Iran-backed group with a fourth army division deployed into south Lebanon.

Israel Prime Minister Benjamin Netanyahu spoke in a video released by his office hours after the deputy leader of Hezbollah left the door open to a negotiated ceasefire, reports Reuters

Israel’s military said on Tuesday that heavy air strikes against underground Hezbollah installations in southern Lebanon over the prior 24 hours killed at least 50 fighters including six sector commanders and regional officials. #featured #trending