EU urges member states to slash gas use by 15% to counter ‘Russian blackmail’ Call for voluntary cut until March 2023 with binding reduction targets possible when Moscow ‘likely’ halts supplies
Indonesian islanders sue cement producer for climate damages Claimants say they are experiencing serious negative impacts and demand Swiss-based Holcim pay compensation
Russian gas shutoff would send some EU countries into recession, IMF warns Fund says GDP in Hungary, Slovakia and Czech Republic would fall by up to 6%, with Italy, Germany and Austria also hit hard
France to pay nearly €10bn to fully nationalise EDF Government seeks to shore up domestic energy supplies amid European crisis
Costs of Ukraine war pose tests for European leaders – and things may get worse Analysis: Vladimir Putin claims time is on his side, but he will have only one shot at making a gas cutoff count
EU foreign ministers weigh up ban on Russian gold imports Bloc lines up latest sanctions amid divisions over their effectiveness at curbing Moscow’s war machine
Pro-Brexit UK regions more dependent on EU for exports, report finds Research also reveals EU remains ‘overwhelmingly dominant’ destination for UK manufacturing exports
‘Travelling circus’: Starmer says Tory hopefuls have lost economic credibility Exclusive: Labour leader, speaking after meeting German chancellor, condemns candidates’ ‘fanciful’ spending plans
‘Gas blackmail’: how Putin’s weaponised energy supplies are hurting Europe After gas supplies through Nord Stream 1 stopped on Monday, European leaders plan for a future without Russian energy
Russian war slowing growth and hiking inflation, European Commission warns Body revises economic forecast and says outlook for EU and eurozone heavily dependent on course of war
Europe could face energy rationing as ‘really tough winter’ looms, Shell boss warns Ben van Beurden says Ukraine war fallout means big rise in bills and possible need to ration supplies
European parliament votes to ban ‘fly shooting’ fishing in part of Channel Campaigners hail step towards end of practice in French territorial waters that has had ‘devastating’ effect on local fishers
Northern Italy drought threatens olive oil, risotto rice and passata supplies The region’s worst drought in 70 years is expected to hit crop yields significantly, driving up prices by as much as 50%
Lego to end all operations in Russia after earlier halt to deliveries Most of toymaker’s staff in Moscow to lose jobs and partnership with retailer to be wound up due to invasion of Ukraine
Why is the euro doing so badly against the dollar? Analysis: Investors often turn to US currency in times of uncertainty and there are plenty of reasons for them to be jittery