Energy situation in Ukraine has ‘significantly worsened,’ grid operator warns

Ukraine’s grid operator said the energy situation had “significantly” worsened in the morning after recent Russian air attacks, adding that several power generation facilities were undergoing emergency repairs, Reuters reported.

In a statement, Ukrenergo added that emergency power outages were in force in most regions of the country and that it hoped repairs would be completed in “the near future“.

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Ireland’s deputy prime minister warns that the tariff conversation is unlikely to be over

Europe came “extraordinarily close” to an economic catastrophe this week after Donald Trump threatened to impose tariffs on six EU nations, the UK and Norway from next month over opposition to the US taking over Greenland.

That’s according to Ireland’s deputy prime minister Simon Harris, who added that it would be “foolish” to assume that Donald Trump will not threaten tariffs again during his tenure.

The US president withdrew the threat after announcing a framework deal on Arctic security at Davos, Switzerland, on Wednesday night. But Harris said that “fundamental issues of concern” remain and warned it was a “wake-up call” for Europe.

He said:

“We have seen a situation where in a very short period of time, the threat of additional tariffs on European Union member states was levied, and indeed for the first time, the conflation of trade tariffs with sovereignty and with territory.”

Simon Harris arrives to speak to the media outside Government Buildings, Dublin. Photograph: Brian Lawless/PA

Speaking to reporters at Government Buildings in Dublin after a trade forum attended by industry figures, Harris said he had asked officials in the Finance department to carry out economic “scenario planning.”

He also reiterated something we’ve heard across the week at Davos – that the EU needs to “really accelerate actions to become more self-reliant” on defence and the economy.

According to PA, he also defended the bloc’s approach to defending Greenland against US threats of annexation, after Ukrainian President Volodymyr Zelenskyy harsh words for European leaders at Davos.

During a speech on Wednesday at the World Economic Forum summit, he said that “Europe looks lost” and still does not know how to defend itself.

“I have great respect for President Zelensky, I certainly don’t think that’s what happened,” Harris said.

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