The OPEC+ decision is poised to benefit Russia in multiple ways. It will buoy Russia’s oil revenue heading into winter, when demand for Russian energy from Europe typically rise

Three main power centers within the Eurozone (Germany, France and Italy) and Britain are entering a period of deep crisis. Their capacity or level of interest to fight Russia in Ukraine is getting severely limited

The Workers Party of Belgium (PTB/PVDA) has demanded that the government cap the rise in fuel and food prices, increase wages and pensions, and tax the excess profits made by energy corporations like Engie-Electrabel 

In this episode, NewsClick’s Prabir Purkayastha talks about the factors that have led to the energy crisis in Europe and why monetary policies alone will not help control inflation in the region

The United States and its allies are trying to impose new restrictions on the Russian economy, but like attempts so far, this one too looks fated to fail

The so-called electricity markets were created to help private capital, not people. It is time we wound up these bogus markets and returned public services to people, to be run cooperatively for their benefit

Hardline conservative Liz Truss emerged victorious over Rishi Sunak to replace Boris Johnson as leader of the Conservative Party

The Russian forces are now almost in total control over the Luhansk region. However, peace is a long way off — several months away, perhaps

The US, EU, and several of their allies continue to push policies prolonging the war in Ukraine despite domestic populations facing an unprecedented rise in prices of basic commodities and poorer nation staring at an imminent food crisis

The ongoing war in Ukraine has resulted in skyrocketing oil prices across Europe, including in Spain which was already witnessing high inflation, reportedly the highest in the last three decades

The Workers Party of Belgium has been campaigning to reduce the value added tax (VAT) on energy prices in the country from 21% to 6%