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Russia’s $11b natural gas pipeline is primed to fuel Europe
In the shadows of a long-silent East German nuclear reactor on the edge of the Baltic Sea, engineers are drilling, dredging, and digging in a forest clearing. As one set of workers shifts contaminated concrete and other radioactive materials from the Soviet-designed Greifswald plant, half a kilometer away contractors for Gazprom PJSC are building the latest monument to Europe’s growing dependence on Russia for energy: the controversial Nord Stream 2 gas pipeline. Germany could receive more gas pumped directly from Siberian fields as soon as late next year.
Europe to become more united
By Hossein Ziaee*
French FM: Europe determined to facilitate trade with Iran
French Foreign Minister Jean-Yves Le Drian assured his Iranian counterpart Mohammad Javad Zarif that the EU is working to ease doing business with Tehran.
Araqchi hails Europe’s “clear” political will to help Tehran against US
Iranian Deputy Foreign Minister Abbas Araqchi praised the European Union’s support for Iran’s nuclear agreement, saying that Europe possessed an ”obvious and clear” political will to help Tehran in the face of the US sanctions.
Europe's top banks in EU stress test spotlight
Europe's top banks will learn today how they have fared in their latest stress test, which could require some to raise capital or shed assets, with Italian lenders expected to come under close scrutiny.
Europe should work with Iran to counter US unilateralism
Iranian president warns that the Trump administration endangers world stability
Assad scolds Europe as Polish delegation visits Syria
President Bashar al-Assad has urged European countries to come and take a closer look at the developments in his country as their approaches to Syria are totally “divorced from reality.”
US makes biggest arms shipment to Europe since Yugoslav war
The United States Air Force has shipped about 100 munition containers into its Europe and Africa headquarters in Ramstein, Germany, making it the biggest shipment since the 1999 NATO bombing campaign in Yugoslavia, according to an official Air Force statement.
Iran, Europe to establish payment channel soon
Iran and European signatories of the Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), will establish a special payment channel in the near future, said the Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati.
Europe’s banks miss out on a globalized world
Bashing European banks together in a game of spin-the-deal-wheel makes for great headlines — UniDeutsche? BarChart? — but it will do little to dent the record market share in investment banking their US rivals enjoy.

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