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Spain eyes boom in 'neglected' strategic mining sector
Spain eyes boom in 'neglected' strategic mining sector

Spain is aiming to tap its unexplored strategic mining resources as the European Union urgently seeks to ramp up production, but local resistance could frustrate the government's plans. The European Union is anxious to turbocharge production of these resources to reduce its dependence on external suppliers, particularly China, which dominates much of the market for renewable energy equipment.

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by  AFP

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After Trump tariffs, EU must urgently revamp economy: Draghi
After Trump tariffs, EU must urgently revamp economy: Draghi
by  AFP

Radically changing the European economy is more urgent than ever after US threats of a trade war with the EU, the author of a seminal report, Mario Draghi, warned Tuesday. "The sense of urgency to undertake the radical change that the report advocated has become even greater," Draghi told the European Parliament.

UK court backs £3 bn loan for indebted Thames Water
UK court backs £3 bn loan for indebted Thames Water
by  AFP

A court on Tuesday approved a £3 billion ($3.8 billion) emergency loan for Britain's largest water supplier Thames Water, offering it a lifeline as it buckles under a mountain of debt. To help turn its fortunes around, Thames is appealing to Britain's water regulator to hike its bills further and is looking to attract takeover offers.

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