
Germany raises the alarm as Russia cuts gas supplies to Europe
CNN
Europe's biggest economy is now officially running short of natural gas and is escalating a crisis plan to preserve supplies ahead of winter as Russia turns off the taps.
Germany on Thursday activated the second phase of its three-stage gas emergency program, taking it one step closer to rationing supplies to industry — a step that would deliver a huge blow to the manufacturing heart of its economy.
''Gas is from now on in short supply in Germany," Economy Minister Robert Habeck told reporters at a press conference in Berlin.

Trump’s economic team of rivals braces for turbulence after doing little to curb his tariff appetite
President Donald Trump is happy to talk about the financial markets when they’re rising, as they were on Wednesday, but when markets were falling Thursday in the aftermath of his remarkable turnabout on tariffs, he punted to the closest adviser around.