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BREAKING
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

EU considering allowing member states to regulate gas prices: reports

  • By Al Mayadeen English
  • Source: Agencies
  • 14 May 2022 20:26
3 Min Read

The European Commission could soon allow its member states to independently regulate their own gas prices as the sanctions on Russia exacerbated the energy crisis.

  • x
  • European Commission Chief Ursula von der Leyen
    European Commission Chief Ursula von der Leyen

The European Commission is considering allowing the governments of EU member states to regulate gas prices on domestic markets, an EU document seen by German newspaper Welt am Sonntag said Saturday.

"In these exceptional circumstances, the governments of EU member states should be allowed to regulate consumer prices during the transitional period," the news outlet quoted the document as saying.

The European Commission is intending to mitigate a rapid increase in gas prices through this measure, which had been exacerbated by the Western policies toward Russia.

The cost of gas on the European market has been showing strong volatility since late February in light of the war in Ukraine.

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Gas prices soared in early March following reports on a possible ban on the purchase of Russian energy resources in Europe, reaching historical highs.

In late April, however, things took to a worse turn, with the World Bank saying it was expecting a twofold increase in gas prices, while coal prices are expected to increase by 80% in Europe in 2022.

The crisis in question is due to Russia launching a special military operation for several reasons, including NATO's eastward expansion. Other reasons were the Ukrainian shelling of Donbass and the killing of the people of the Donetsk People's Republic and Lugansk People's Republic, in addition to Moscow wanting to "denazify" and demilitarize Ukraine.

The EU has declared preparations to join the United States and the United Kingdom in imposing an embargo on Russian energy products. However, unlike the United States and the United Kingdom, the European Union buys the majority of its energy supplies from Russia, and experts have warned that cutting off the supply may have disastrous consequences.

Germany, in particular, is bracing for the collapse of entire businesses, while the CEO of Austrian energy giant OMV has said that his country's decision to stop buying Russian gas would be "impossible."

The US and its allies, following the start of the war in Ukraine, rolled out comprehensive sanctions, including restrictions on the Russian central bank, export control measures, SWIFT cutoff for select banks, and closure of airspace to all Russian flights. Many of their companies have suspended their Russian operations.

  • United States
  • Moscow
  • Sergey Lavrov
  • Europe
  • International Monetary Fund
  • Russia
  • IMF
  • Germany
  • Sanctions on Russia
  • Ukraine
  • European Commission
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

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