US senators drafted a bill providing for the allocation of $1 billion to assist European countries in ensuring their energy security and reducing dependence on Russian energy. As Deutsche Welle reported, the authors of the bill under the heading “Law on European Energy Security and Diversification” are Republican Ron Johnson and Democrat Chris Murphy. It is assumed that the allocated $1 billion will stimulate public and private sector investment in EU energy projects. These measures, according to senators, will contribute to the diversification of energy supplies to Europe and reduce Russia's influence on the region.
Half of Europe's small companies fear for survival: survey19.10.2020
Alibaba Group Holdings to acquire Sun Art Retail Group in a deal worth $3.6 billion19.10.2020
Japan joins the U.S. and Europe as a digital platform regulator of big technology firms16.10.2020
Fiat Chrysler invests $1.5 billion to produce electric vehicles in Canada