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Ukraine Shuts Off Russian Pipeline Amid Talk Of Annexation

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Ukraine shut down a pipeline Wednesday that carries Russian natural gas to homes and industries in Western Europe, while a Kremlin-installed official in a southern region seized by Russian troops said the area will ask Moscow to annex it.

The immediate effect of the energy cutoff is likely to be limited, in part because Russia can divert the gas to another pipeline and because Europe relies on a variety of suppliers. But it marked the first time since the start of the war that Ukraine disrupted the flow westward of one of Moscow’s most lucrative exports.

Meanwhile, the talk of annexation in Kherson — and Russia’s apparent willingness to consider such a request — raised the possibility that the Kremlin will seek to break off another piece of Ukraine as it tries to salvage an invasion gone awry. Russia annexed Ukraine’s Crimean Peninsula in 2014.

“The city of Kherson is Russia,” Kirill Stremousov, deputy head of the Kherson regional administration installed by Moscow, told Russia’s RIA Novosti news agency. He said regional officials want Russian President Vladimir Putin to make Kherson a “proper region” of Russia.

Kremlin spokesman Dmitry Peskov said that it would be “up to the residents of the Kherson region” to make such a request, and that any move to annex territory would would have to be closely evaluated by experts to make sure its legal basis is “absolutely clear.”

Ukraine is also targeting Russian air defenses and resupply vessels on Snake Island in the Black Sea in an effort to disrupt Moscow’s efforts to expand its control over the coastline, according to the British Ministry of Defense.

The ministry said Russian resupply vessels have minimum protection since the Russian Navy retreated to Crimea following the sinking of the flagship of its Black Sea fleet.

Separately, Ukraine said it shot down a cruise missile targeting the Black Sea port city of Odesa on Wednesday.

The gas cutoff came as Western powers have been looking to ratchet up economic pressure on Moscow and bolster Ukraine’s defenders.

US, Western Europe Agitate over Uncertain Ukraine war Endgame – Analysis

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As Russia’s war in Ukraine grinds into its third month with little sign of a decisive military victory for either side and no resolution in sight, NATO leaders fear and are bracing for the unexpected.

The possibility of a stalemate is fueling concerns that Ukraine may remain a deadly European battlefield and a source of continental and global instability for months, or even years, to come.

Energy and food security are the most immediate worries, but massive Western support for Ukraine while the world is still emerging from coronavirus pandemic and struggling to deal with the effects of climate change could deepen the toll on the global economy. And should Russia choose to escalate, the risk of a broader conflict rises.

The U.S. and its allies are pumping a steady stream of lethal weaponry into Ukraine to keep it in the fight. While most analysts say Kyiv is holding its own at the least, those infusions must continue if they are to support President Volodomyr Zelenskyy’s vow to win, or at least continue to match or beat back, Moscow’s advances.

Just as Russian President Vladimir Putin has not signaled a willingness to intensify the invasion with either a general mobilization of troops or the use of unconventional arms, neither has he shown any sign of backing down. Nor has Zelenskyy, who is now asserting that Ukraine will not only beat back the current Russian invasion but regain control of Crimea and other areas that Russia has occupied or otherwise controlled since 2014.

U.S. officials, starting with President Joe Biden, seem to agree, even after Defense Secretary Lloyd Austin raised eyebrows by saying after a visit to Kyiv last month that Washington’s goal is not only to help Ukraine defend itself but to “weaken” Russia to the point where it does not pose a threat.

New Mexico Solar Farm To Benefit From 20MW Energy Storage System

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Honeywell has announced it will supply Hecate Energy with an energy storage system (ESS) for a solar park on the Jicarilla Apache Nation in northern New Mexico.

Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina.

Expected to be complete in fall of 2022, the 50MW solar farm will be capable of supplying enough electricity to power up to 16,000 average New Mexican homes for a year.

The 20MW ESS will form a battery-powered platform that integrates asset monitoring, DER management, supervisory control and analytics functionality.

The ESS system will combine with the Experion energy control system to enable Hecate Energy to accurately forecast its energy costs.

The aim is to allow Hecate, developer, owner and operator of renewable power projects and storage solutions, to optimise its energy costs and support users with access to reliable and cost-effective clean energy.

According to technology manufacterer, Honeywell, asset owners will be able to utilise the ESS for more than one use case, including peak shaving, backup power generation and demand response programmes.

The project is further hoped to help meet the state’s decarbonisation goals.

US Inflation Dips From Four-Decade High But Still Causing Pain

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Inflation in U.S slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.

Consumer prices jumped 8.3% last month from a year ago, the government said Wednesday. That was below the 8.5% year-over-year surge in March, which was the highest since 1981. On a monthly basis, prices rose 0.3% from March to April, the smallest increase in eight months.

However, Wednesday’s report contained some cautionary signs that inflation may be becoming more entrenched. Excluding the volatile food and energy categories, so-called core prices jumped twice as much from March to April as they did the previous month. The increases were fueled by spiking prices for airline tickets, hotel rooms and new cars. Apartment rental costs also kept rising.

Those price jumps “make clear that there is still a long way to go before inflation returns to more acceptable levels,” said Eric Winograd, U.S. economist at asset manager AB.

Even if it moderates, inflation will likely remain high well into 2023, economists say, leaving many Americans burdened by price increases that have outpaced pay raises. Especially hurt are lower-income and Black and Hispanic families, who are disproportionately squeezed by costlier food, gas and rent.

For now, a fallback in gas prices in April helped slow overall inflation. Nationally, average prices for a gallon of gas fell to as low as $4.10 in April, according to AAA, after spiking to $4.32 in March. But since then, gas prices have surged to a record $4.40 a gallon.

Grocery prices are still spiking, in part because Russia’s invasion of Ukraine has heightened the cost of wheat and other grains. Food prices rose 1% from March to April and nearly 11% from a year ago. That year-over-year increase is the biggest since 1980.

Turmoil overseas could accelerate inflation in the coming months. If the European Union, for example, decides to bar imports of Russian oil, world oil prices could rise. So could U.S. gas prices. And China’s COVID lockdowns could worsen supply chain snarls.

EU Copyright Law: Google Strikes Content Deals With 300 European Publishers

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Google said Wednesday that it struck licensing deals with 300 news publishers in Europe in its latest effort to comply with a recently introduced European Union copyright law.

The tech giant signed the agreements with national, local and specialist news publications in Germany, Hungary, France, Austria, the Netherlands and Ireland and said discussions with many others are ongoing.

It didn’t disclose how much it’s paying or give names of the news outlets.

European Union countries have been adopting into local law a 2019 EU directive granting publishers additional rights over their content.

The new law allows search engines like Google to link to and use snippets of news content, while giving publishers new rights when extended previews are used online.

It doesn’t, however, specify where the line between the two lies. The agreements are aimed at avoiding costly and lengthy lawsuits over that distinction.

Google last year announced copyright deals with several large German publications and a group of French news publishers.

The company also said it’s rolling out a new tool to offer licensing agreements to thousands of other European publishers, starting in Germany and Hungary.

Queen’s Speech: UK Govt Sets Out Big Plans, But Little Cost Of Living Relief

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Business groups and unions were disappointed as Britain’s Conservative government set out its agenda for the next year on Tuesday with sweeping promises to cut crime, improve health care and revive the U.K.’s pandemic-scarred economy — but no new help for millions of Britons struggling to pay their bills as the cost of living soars.

Prime Minister Boris Johnson acknowledged that the coronavirus pandemic and the war in Ukraine had caused economic turmoil, but said “no government can realistically shield everyone from the impact.”

The government set out its legislative plans during a ceremony steeped in tradition, but without Queen Elizabeth II, who was absent for the first time in six decades.

The 96-year-old monarch pulled out of reading the Queen’s Speech at the opening of Parliament because of what Buckingham Palace called “episodic mobility issues.” Her son and heir, Prince Charles, stood in, rattling through a short speech laying out 38 bills the government plans to pass.

The speech, which is written by the government, promised Johnson’s administration would “grow and strengthen the economy and help ease the cost of living for families.” There were plans to invest in railways, create a U.K. infrastructure bank and “level up” economic opportunity to poorer regions, as well as bills on education and health care funding.

Johnson said the coronavirus pandemic and Russia’s invasion of Ukraine had created “huge disruptions to the global economy.” But the speech included no immediate measures to relieve households struggling with soaring prices for domestic energy and food.

“We cannot simply spend our way out of this problem,” Johnson told lawmakers. “We need to grow out of this problem by creating hundreds of thousands of new high-wage, high-skill jobs across the country.”

Opposition Labour Party leader Keir Starmer accused the government of being “too out of touch to meet the challenges of the moment.” He called for an emergency budget and a windfall tax on oil and gas producers.

Sri Lanka Deploys Troops In Capital After Violence, Protests

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Sri Lankan authorities deployed armored vehicles and troops in the streets of the capital on Wednesday, two days after pro-government mobs attacked peaceful protesters, triggering a wave of violence across the country.

Anti-government protesters have been demanding the resignations of President Gotabaya Rajapaksa and his brother, who stepped down as prime minister this week, over a debt crisis that has nearly bankrupted Sri Lanka and left its people facing severe shortages of fuel, food and other essentials.

In the past few days, eight people have died and more than 200 have been injured in violent attacks in which mobs set fire to buildings and vehicles.

Security forces have been ordered to shoot those deemed to be participating in the violence, as sporadic acts of arson and vandalism continued despite a strict nationwide curfew that began Monday evening.

Armored trucks with soldiers riding on top rolled into some areas of Colombo. Defying the curfew, some protesters regrouped opposite the president’s office to continue demonstrations that began over three weeks ago. Police announced over loudspeakers that it is illegal to stay in public places during the curfew.

Videos posted on social media showed lines of military trucks moving out of the capital, along with soldiers riding on motorbikes, and setting up checkpoints across the country amid fears that a political vacuum could pave the way for a military takeover.

The Defense Ministry’s top official, Kamal Gunaratne, denied speculation of a military takeover at a news conference held with the country’s army and navy chiefs.

US High-Temperature Gas Reactors To Be Deployed In The UK

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US nuclear reactor design company X-energy has signed a Memorandum of Understanding (MoU) with nuclear engineering firm Cavendish Nuclear to act as its deployment partner for High-Temperature Gas Reactors (HTGRs) in the UK.

The partnership will see the companies combine X-energy’s US technology with the project capabilities of Cavendish Nuclear to drive the deployment of HTGRs and develop the UK’s nuclear supply chain.

X-energy’s HTGR is designed to support decarbonisation of industrial heat, electricity and hydrogen and the first units are set to be deployed in the US from 2027 with the UK planning to follow.

The MoU complements Cavendish Nuclear’s support to the three nuclear streams in the UK Government’s Energy Security Strategy: Large Gigawatt Reactors, Small Modular Reactors, and Advanced Modular Reactors such as HTGRs.

Buhari Orders Ministers With Political Ambitions To Resign

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Nigeria’s President Muhammadu Buhari has ordered all members of his cabinet and appointees vying for electoral offices to resign on or before May 16, 2022.

The order came at Wednesday’s Federal Executive Council meeting presided over by the President at the Council Chambers of the State House, Abuja.

Minister of information, Lai Mohammed, disclosed this to State House correspondents shortly after the meeting.

Cabinet members affected include Ministers of Transportation, Rotimi Amaechi; Niger Delta, Godswill Akpabio; Labour and Employment, Chris Ngige; Science, Technology and Innovation, Ogbonnaya Onu, Minister of State for Education, Emeka Nwajiuba; Justice minister and Attorney General of the Federation, Abubakar Malami.

Others include the Minister of State, Mines and Steel, Uche Ogar, who is running for the governorship position in Abia State; Minister of Women Affairs, Pauline Tallen, who declared her ambition to contest the senatorial seat in Plateau State.

Tidal Energy Developer To Begin Tug Testing In 2023

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California-based tidal energy developer Aquantis has signed a six-month berth agreement to test its Tidal Power Tug at the European Marine Energy Centre (EMEC) in Orkney, Scotland.

In 2023, Aquantis will begin testing its Tug, a second-generation floating tidal energy converter, at EMEC’s Shapinsay Sound scale test site.

According to Aquantis, their spar-buoy platform supports a 10-meter diameter, two-bladed variable-pitch rotor and 160kw drivetrain.

Besides project management and operations support, EMEC will provide tidal resource monitoring, its Test Support Buoy enabling remote communications with the device, data relay and dissipation of power generated on site.

Testing at EMEC’s scale test site will allow Aquantis to gain marine experience and collect performance data.