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EU has to come clean on costs of green transition

Europe is providing a test of whether weak governments can enact strong policies. It has set firm goals to reduce carbon emissions by at least 55% by the end of the decade, before becoming carbon-neutral by 2050. European Union governments have agreed on the strategy, but they tend to paper over the short-term economic costs of the green transition. If they don’t come clean to public opinion, and explain how these costs will be shared, they may face crippling populist protests that will compromise their end goals. ....

United Kingdom , France General , City Of , Jean Pisani , Francesco Guerrera , Bruno Le Maire , Selma Mahfouz , Christian Lindner , Oliver Taslic , Keir Starmer , Paolo Gentiloni , European Union , European Union Green Deal , Labour Party , International Energy Agency , Thomson Reuters Trust Principles , Office For Budget Responsibility , European Commission , Reuters Breakingviews , Jean Pisani Ferry , Social Democrats , Sunday Paolo Gentiloni , Financial Times , Finance Minister Bruno Le Maire , Finance Minister Christian Lindner , Green Deal ,

Singapore's clean reputation gets a timely test

Singapore could turn a governance crisis into an opportunity. Its transport minister S. Iswaran and Ong Beng Seng, the property billionaire credited with bringing Formula One to the city, were arrested and released on bail last week. The rare high-profile probe involving a public official by the hub’s anti-graft agency is a timely test of the Asian centre’s willingness to act tough on corruption. ....

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Russian fighter jet crashes into Sea of Azov near Russian coast - local officials

A Russian Su-25 fighter-bomber aircraft crashed into the Sea of Azov near the town of Yeysk on Monday, local officials said in a statement on social media. ....

Krasnodarskiy Kray , Vladimir Soldatkin , Caleb Davis , Kevin Liffey , Deepa Babington , Thomson Reuters Trust Principles , Thomson Reuters Trust ,

German Bundeswehr orders ammo in 1.3 bln eur Rheinmetall deal

The German military has ordered several hundred thousand artillery shells in a deal with Rheinmetall as it works to replenish stocks dented by the war in Ukraine, the defence company said on Tuesday. ....

Paolo Laudani , Thomson Reuters Trust Principles , Thomson Reuters Trust ,