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Germany seals deal with Uniper, RWE on floating LNG terminals

  ­­­Bloomberg The German government struck a deal with energy companies to import liquefied natural gas through two new terminals in an effort to alleviate a supply crunch that’s crippling the economy. Economy Minister Robert Habeck signed a memorandum of understanding with Uniper SE and RWE Supply & Trading GmbH, which will operate the floating terminals in Brunsbuettel and Wilhelmshaven, ...

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Italy’s right-wing clings to the past — and falls flat

In 2001, Silvio Berlusconi was running for prime minister and produced what became a symbol of an epoch. On prime-time national TV, he signed his political manifesto promising to cut taxes, increase pensions and carry out a massive investment program. He went on to win that election and remained a central figure in Italian politics until the euro crisis forced ...

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No respite from scorching Singapore rents

Singapore’s property market is in the throes of a 2008-type mania, with landlords squeezing tenants for the last possible cent. The previous bout of frenzy ended with the collapse of Lehman Brothers. This time, too, stratospheric apartment rents will return to earth, though the process is unlikely to be as swift as the city-state’s expat community might hope for. Among ...

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