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Armenians to get gas through Azerbaijan for first time in 30 years

Bloomberg Gazprom will export natural gas to Armenia via Azerbaijan for the first time in almost three decades as former Soviet neighbours work to reopen communication links following last year’s war. The Russian gas giant’s export arm signed a short-term transit deal with Azeri state energy firm Socar, both firms said. Azerbaijan’s pipeline will be needed as the link that ...

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NRG Energy sees $750m loss after Texas cold snap

Bloomberg NRG Energy Inc. withdrew an earlier full-year profit forecast and said it expects a $750 million loss due to the brutal cold snap that froze Texas and led to sweeping blackouts across the state. “Based on new information available to us, we are unable to provide financial guidance due to the unprecedented and unpredictable market outcomes resulting from winter ...

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The Republican Party isn’t against democracy

In the 1990s, a Republican explained to me why “the Democrat party” was his preferred term for the opposition: “They’re no more democratic than we are.” Nowadays that is very much a subject of dispute. In recent years, and especially in recent months, progressives have increasingly become convinced that the Republican Party is a threat to democracy; that hostility to ...

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