European Commission proposes steps to try to reduce demand for energy from households and industry

But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke points.

The most important global events likely to affect FX and bond markets in the week starting March 23

The central bank says it may reduce borrowing costs further as the economy approaches a ‘balanced growth path’

A revenue-based charge would protect the livelihoods of copyright holders and bring legal certainty

Returning Britons could face hit from both income tax and capital gains tax

New disclosures show how pharma groups reduced federal levies last year by assigning profits to low-tax jurisdictions

It would be next to impossible for American and Israeli Special Forces to land in hostile territory and easily extricate or destroy Iran’s fissile material. To be sure that its highly enriched uranium is identified and disposed of would require a large and prolonged on-the-ground military presence, or the cooperation of Iran’s government.

New national charter allows it to gather deposits and further boost U.S. presence as it fights over Swiss capital regulation

Agency’s head Fatih Birol says recovery of oil and gasfields in Gulf region could take more than six months