The flow of natural gas from Russia to Germany via a crucial undersea pipeline stopped on Monday, as the link went offline for a 10-day scheduled maintenance period, testing Europe’s resolve to wean itself off abundant Russian fuel supplies.Despite sanctions aimed at punishing Moscow for invading Ukraine, Germany still draws 30 percent of its natural gas from Russia, much of it used to power its economically important industrial sector. Other European Union countries, including Austria, Italy and the Czech Republic, also receive gas via the Nord Stream 1 pipeline.The pipeline’s majority owner, the Russian energy giant Gazprom, cut the flow of gas by 60 percent last month, driving energy prices to record levels. The move has forced Germany to raise its gas emergency alert level to the second of three stages — the third and final stage would permit the government to begin gas rationing — and pass a law to bail out utilit …
Latest Business News
The Emergence of Decision Trust Infrastructure: Why Defensible AI Is Now a Board-Level Conversation (6/5/2026) - 1BusinessWorld • 1ArtificialIntelligence The Emergence of Decision Trust Infrastructure Chiru… Read more...
Regulating Innovation: How Policy is Reshaping the Future of Health (6/5/2026) - Full session recording featuring David Farber of King & Spalding… Read more...
From Innovation to Impact: Rewiring Health Delivery for the AI Era (6/4/2026) - Full session recording featuring Arturo LoAIza-Bonilla joining host Fern Lazar… Read more...
AI and Cloud Security in the Age of Enterprise Autonomy (6/3/2026) - AI and Cloud Security in the Age of Enterprise AutonomyAI… Read more...
What It Takes to Bring Clinical AI into Real Practice (5/30/2026) - Full session recording featuring Junmyung Kwon, Founder and CEO of… Read more...
Data-Driven Dealmaking: AI’s Role in Modern Tech Transactions (5/30/2026) - 1BusinessWorld • Data Driven Dealmaking Data Driven Dealmaking: AI's Role… Read more...
Data to Action: Using Community Drivers of Health to Deliver Whole-Person Care (5/28/2026) - Full session recording featuring Meghan Harris and Ryan Bosch of… Read more...
One Sustainable Health for All: Rethinking Models in an Era of Global Crisis (5/27/2026) - Full session recording featuring Benoît Miribel joining host Christina Raish… Read more...