Recent Posts

Power cuts resume in South Africa

  Bloomberg South Africa announced its first rolling blackouts in almost three weeks, hours after the nation’s statistics office published data that showed economy contracted in second quarter when was hit by record power outages. Eskom Holdings SOC Ltd. will implement so-called stage-2 loadshedding, where it cuts 2,000 megawatts from the grid, until September 10. If the utility sticks to ...

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Germany’s energy crisis deepens as local utilities cry for help

  Bloomberg Germany’s fears that soaring power and gas prices could trigger a deeper crisis is starting to get real. Several hundred local utilities are coming under strain and need support, according to the head of Germany’s largest energy lobby group. The companies, generally owned by municipalities, supply households and small businesses directly and are a key part of the ...

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Revolutionary monarchy of Queen Elizabeth II

Britain’s longest-serving monarch has died. It feels like a death in the family. Born in 1926, the year that John Logie Baird gave the first public demonstration of television, and crowned in 1953, the year of Joseph Stalin’s death, the Queen has been with us for so long that only a sliver of the population can remember life without her. ...

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