No one eats nearly a half of all food – from 30% to 50% – grown and produced in the world, which is almost 2 billion tons a year, experts from the British Society of Mechanical Engineers said in their study, according to the BBC. Excess food appears as a result of a combination of several factors: bad harvest collection, improper storage conditions, the absence of strict control over the... 

Russia must agree to European Union requirements for an open natural gas market, the EU Energy Commissioner said, specifying that this implies that the price for imported Russian gas should be identical across the European Union. “Our Russian partner understands our rules but doesn’t accept them,” Guenther Oettinger said at an energy conference in Lithuania. “It can’t... 

Employees work on a solar panel production line at a solar company workshop in Hefei, Anhui province, China. German Chancellor Angela Merkel has called for a frank assessment of a solar panel trade dispute with China. The EU is mulling an anti-dumping inquiry into China after the US took similar action in one of the world’s fastest-developing markets. “I suggest the European Commission and... 

Iran’s oil embargo on Britain has already driven price of petrol and diesel to an all-time high while the British foreign secretary denies any impact on Britain’s energy security. The Daily Mail reported on Tuesday that the price of diesel rose to 143.16p per liter while the price of crude oil continues to soar following Iran’s decision to stop oil exports to British and French companies. The...