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2026-08-31T16:11:00.000Z

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Switzerland eases UBS capital rules

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19 Hrs2026-08-31T22:36:00.000Z
Switzerland eases UBS capital rules

Tensions boost bond yields, stocks fall, oil rises

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19 Hrs2026-08-31T22:28:00.000Z
Tensions boost bond yields, stocks fall, oil rises

Oil up over 2% on supply worries

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22 Hrs2026-08-31T19:11:02.013Z
Oil up over 2% on supply worries

Trump's Venezuela oil plan sparks questions

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23 Hrs2026-08-31T18:53:14.113Z
Trump's Venezuela oil plan sparks questions

Meta blocks malicious bank ads in India

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23 Hrs2026-08-31T18:27:00.000Z
Meta blocks malicious bank ads in India
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Germany's Backup Power: Coal Restart

Germany's Backup Power: Coal Restart

The German Ministry of Economy is exploring the possibility of increasing the utilization of coal-fired power plants that are currently held in reserve, in an effort to curb rising electricity prices. This option faces technical and economic challenges, in addition to European legal constraints, and efforts are underway to find a suitable mechanism to make use of them. Meanwhile, the Deputy Leader of the Parliamentary Block of the Christian Democratic Union proposed operating these plants more intensively so they can meet demand until new gas plants are built by 2030 or 2031. However, this proposal was rejected by the Social Democratic Party. The government emphasizes that running the backup coal plants must be economically viable, taking into account that these plants are old and lack efficiency. The final decision is still under consideration, with a focus on gradually transitioning to more environmentally friendly energy sources by 2038.

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