EU Environment Committee supports tighter energy efficiency rules

The European Parliament's Environment Committee ENVI has decided to work toward increasing the target in the upcoming Energy Efficiency Directive to a binding requirement of 40 percent by 2030.

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IMF warns of trade war and expensive financial markets

Although risks are emerging due to a trade war, political unrest in the EU and inflated financial markets, the global recovery has not yet lost its momentum, says the International Monetary Fund in an update to its April forecast.

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