Royal Dutch Shell Plc  .com Rotating Header Image

Posts under ‘EU’

EU warns U.S. it may respond swiftly to counter new sanctions on Russia

Alissa de Carbonnel: 26 July 2017

BRUSSELS (Reuters) – The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc’s energy security.

Sanctions legislation overwhelmingly approved by the U.S. House of Representatives on Tuesday has angered EU officials…

FULL ARTICLE

EU Divided on How to Answer New U.S. Sanctions Against Russia

BRUSSELS — European Commission preparations to retaliate against proposed new U.S. sanctions on Russia that could affect European firms are likely to face resistance within a bloc divided on how to deal with Moscow, diplomats, officials and experts say.

A bill agreed by U.S. Senate and House leaders foresees fines for companies aiding Russia to build energy export pipelines. EU firms involved in Nord Stream 2, a 9.5 billion euro ($11.1 billion) project to carry Russian gas across the Baltic, are likely to be affected. read more

Brexit, Trump, Populism and Royal Dutch Shell Plc

By John Donovan (right)

Brexit and Trump are the most visible current manifestations of populism – examples of ground-breaking nationalist movements backed by a large proportion of a voting population.

Populism is on the rise in a number of EU countries including Germany, France and the Netherlands, where there is mounting concern over PVV leader Geert Wilders.

What is described as “encroaching populism and negativism” is apparently viewed as a serious threat by Dutch multinationals, including Shell, Philips and Unilever. read more

%d bloggers like this: