UK gas prices plunged to a record low on Friday following a newly signed deal between Russia, Ukraine and the European Commission. However, fuel poverty remains rife in Britain, with 2 million households unable to afford adequate heating.
Falling oil prices embarrass and make life difficult for countries that depend on oil exports, including Russia and Venezuela, and the US would enjoy making life difficult for them, economist Richard Wolff told RT.
Saudi Arabia wants to use lower oil prices to pressure Russia to change its stance on Syria, to antagonize Iran, and to force US shale gas out of the market, roving correspondent for the Asia Times Pepe Escobar told RT.
A new solar energy project seeks to bring Tunisian sunshine to the UK. TuNur is looking for UK government funding for its bright idea, which aims to power 2.5 million British homes with North African rays by 2018.
The UK has blocked a $6.4 billion deal by Russian billionaire Mikhail Fridman to attain North Sea gas fields, as part of its ongoing sanctions package against Russian businessmen and investors believed to have close ties with President Vladimir Putin.
In the male-dominated high-tech field, industry giants Facebook and Apple have created a new perk which they say will keep women on the job and allow them to excel. The companies have promised to cover the cost of egg-freezing for all employees.
The recent ratification of the treaty on the Eurasian Economic Union by the Belarusian parliament removed the last doubts about the start of this ambitious project, which involves a market of 170 mn people and $2.7 trillion of combined domestic product.