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Find all the economic and financial information on our Orishas Direct application to download on Play StoreUkraine expects Moscow to “step up its attacks” before an EU decision
Expect “Russia to intensify its attacks this week”, Ukrainian President Volodymyr Zelensky warned Ukrainian President Volodymyr Zelensky on Sunday evening, a few days before the EU27 discussions on Kiev's candidacy for EU membership. This Monday “begins a truly historic week”, said Mr. Zelensky on Sunday evening in his daily video speech, “we will have the European Union's answer on Ukraine's candidate status.”
“Since 1991, there have been few decisions as fateful for Ukraine as the one we are waiting for today”, he added, saying he was “convinced that only a positive response is in the interest of all of Europe.” After a positive recommendation from the European Commission last Friday, EU member countries are meeting on Thursday and Friday to decide whether to officially grant Kiev this status of candidate for membership. A green light requires unanimity from the 27.
Gustavo Petro elected first left-wing president in the history of Colombia
It is a historic vote: the opponent Gustavo Petro became the first left-wing president in the history of Colombia on Sunday, with the ambition to “change” a country in crisis and which has never experienced such alternation. Mr. Petro, 62, won 50.45% of the votes, compared to 47.30% against his competitor, businessman Rodolfo Hernandez, according to the official results of the second round of the presidential election on Sunday, representing 99.95% of the ballots counted. With 11.2 million votes in his favor, the senator is ahead by Nearly 700,000 votes for the businessman (10.5 million), who was surprised by the first round on May 29, which replaced the right-wing candidate. The turnout is 58%, the highest since the turn of the century.
Germany relies on coal in the face of falling Russian gas deliveries
Germany took emergency measures on Sunday to secure its energy supply in the face of recent declines in Russian gas deliveries, including a “bitter” recourse to the most polluting energy source, coal. “To reduce gas consumption, less gas must be used to produce electricity. Instead, coal-fired power plants should be used more”, said the Ministry of the Economy in a press release. The increased use of coal is a turnaround for Olaf Scholz's coalition government, which has promised to abandon this energy source by 2030.
IN SHORT
Qatar has announced that it has chosen the Italian energy giant Eni as the second foreign partner, after the French TotalEnergies, to develop the largest natural gas field in the world, a few days after Russia reduced its deliveries to Italy.
Golf: England's Matt Fitzpatrick won the US Open, making this Grand Slams the first title of his career on the North American PGA Tour in Brookline, Massachusetts, on Sunday.
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