government-funding
Top StoriesSwitzerland’s Engineering Sector Urges Country to Start Energy Saving Now
Top StoriesGermany to Lower Sales Tax on Gas to 7% in Bid to Relieve Consumers
Top StoriesSwedish PM Pledges Billions to Offset Soaring Energy Bills as Election Nears
Top StoriesCheckbook Delivers Faster Payment Disbursements for Government Agencies
Britain Considers Energy Bill Subsidy for Industrial Firms
Date: August 12, 2022
LONDON (Reuters) -Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in an effort to support hundreds of businesses facing record high energy prices. The move comes weeks before a new prime minister is due to take office, with forecasts of a long recession and soaring inflation...
Australian State Balks at Energy Company’s Request for Help With Lng Import Terminal
Date: August 11, 2022
By Sonali Paul MELBOURNE (Reuters) – The Australian state of New South Wales on Thursday poured cold water on a proposal for government assistance to secure gas imports through an import terminal being built by the country’s richest man to avert a forecast shortfall in 2023. Australia’s competition watchdog last week warned that the country’s...
Factbox: Government Measures to Ease Inflation Pain
Date: August 8, 2022
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine are combining to push prices of energy, commodities and basic items higher. Below is a list of some of the actions taken by governments aimed at offering relief to hard-hit consumers and companies: AMERICAS: * The U.S Senate...
UK’s Sunak Criticised for Claiming He Diverted Funds From Deprived Areas
Date: August 5, 2022
By William James LONDON (Reuters) – Rishi Sunak, trailing in the two-horse race to replace British Prime Minister Boris Johnson, faced criticism on Friday for saying he had previously instigated policy changes to divert funding away from deprived urban areas. The ruling Conservative Party is choosing a new leader after Johnson was forced to quit...
Italy to Approve $14.5 Billion Package Against Inflation
Date: August 4, 2022
By Giuseppe Fonte ROME (Reuters) – Italy plans to approve on Thursday a new aid package worth around 14.3 billion euros ($14.5 billion) to help shield firms and families from surging energy costs and consumer prices, government officials said. The scheme, one of the last major acts of outgoing Prime Minister Mario Draghi before a...
Biden to Sign Bill to Boost Chipmakers, Compete With China Aug. 9 – White House
Date: August 4, 2022
By David Shepardson WASHINGTON (Reuters) – President Joe Biden next Tuesday will sign a bill to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive with China, the White House said on Wednesday. The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing...