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The Proper Greek Analyst wrote that, according to a report by the Financial Times on October 16, 2026, Italy had secured a preliminary agreement with the European Commission for an intervention mechanism in wholesale electricity prices when the price of natural gas exceeded 59 euros per MWh. He mentioned that the mechanism was based on the Iberian Exception. The author added that the bill proposed an increase of two percentage points in the IRAP tax for the years 2026 and 2027, with estimated revenues of 1.08 billion euros for the Italian state during the period 2026-2028. According to the post, the additional revenues would be directed towards reducing electricity bills for specific businesses. He also cited a statement from the Italian Prime Minister that the agreement would allow intervention in the way electricity prices were set, in order to address the impact of natural gas costs. The Proper Greek Analyst wondered why Greece was not seeking a similar intervention and criticized Greek journalists for not highlighting the development, as he wrote. In the post, he compared their stance to that of Kyriakos Mitsotakis at the European Council. https://t.co/pAWnS2oBWc #ενεργεια #ρευμα #Κομισιον #καύσιμα #ενεργεια #ρευμα #καύσιμα (translated)

First.The narrative that diesel prices in America are heavily impacted by Ukrainian attacks on Russian oil refineries is completely fabricated. ​Second.The sanctions waiver Trump just granted to Russia is using the fabricated narrative above to make it look like it's in America's national interest.

The US is seeking to release up to 17 million barrels of oil from its Strategic Petroleum Reserve to help curb fuel prices driven up by the war on Iran, Reuters reports. NB: the US uses 20 million barrels a day The strategic reserve only has 283 million barrels left, the lowest level since 1982

More than 44,000 people still live in buildings marked for demolition across the territory, unable to leave because no alternative shelter exists. Euronews spoke to families in Al-Mughraqa as tarpaulin prices double and Israel blocks timber and shelter kits from entering Gaza. #Gaza #HumanitarianCrisis #WinterStruggles

AFRICA DAILY REPORT — 16 OCTOBER 2026 Key developments of past 24 hours 1. DR Congo — Ebola reaches an eighth province Importance: 10/10 — Critical. Two health officials told Reuters that Ebola infections had been identified in North Ubangi, near the Central African Republic border. Authorities had not formally announced the provincial cases at the time of reporting. SOURCE — FULL DIRECT URL: https://www.reuters.com/business/healthcare-pharmaceuticals/ebola-confirmed-eighth-province-congo-sources-say-2026-10-15/ 2. Ethiopia–Eritrea — US urges de-escalation US Secretary of State Marco Rubio urged dialogue as fighting in Tigray raised fears of a broader conflict. Eritrea disputes allegations that its troops entered Ethiopia. SOURCE — FULL DIRECT URL: https://apnews.com/article/ethiopia-tigray-eritrea-rubio-6d136d4280931d2d213d7d6cafd670ab 3. Somalia — Presidential election timetable announced Somalia's electoral commission announced a presidential election date of 15 May 2027, while practical arrangements and security challenges remain. SOURCE — FULL DIRECT URL: https://www.reuters.com/world/africa/somalia-says-it-will-hold-presidential-election-may-2027-2026-10-15/ 4. Mauritius — Curfew extended following unrest Importance: 9/10 — Very high. Authorities extended security restrictions after protests related to water shortages and living costs escalated following a police shooting. SOURCE — FULL DIRECT URL: https://apnews.com/article/mauritius-protests-unrest-police-shooting-violence-7041eda8ee3106dee8d6f2df55382c31 5. Uganda — Ebola vaccine candidate begins early-stage trial Importance: 10/10 — Critical. A Phase 1 trial in Masaka is assessing safety and immune response for a vaccine candidate against the Bundibugyo strain of Ebola. SOURCE — FULL DIRECT URL: https://www.africanews.com/2026/10/15/phase-1-trial-of-ebola-vaccine-gets-underway-in-uganda/ 6. Africa CDC — Ebola-response funding transparency questioned Importance: 10/10 — Critical. Africa CDC reported discrepancies between donor disbursements and funds traced through response structures. Missing traceability is not proof of misappropriation. SOURCE — FULL DIRECT URL: https://www.africanews.com/2026/10/15/africa-cdc-probes-missing-millions-meant-for-ebola-response/ 7. Senegal — US backs timely debt restructuring Importance: 9/10 — Very high. US officials expressed support for Senegal completing debt restructuring within roughly a year. No final agreement has been reached. SOURCE — FULL DIRECT URL: https://www.africanews.com/2026/10/15/us-wants-to-see-senegals-debt-restructuring-completed-within-a-year/ 8. Kenya — Fuel prices rise Importance: 8/10 — High. Higher import costs contributed to increases in regulated petrol and diesel prices, adding pressure on transport and business costs. SOURCE — FULL DIRECT URL: https://www.africanews.com/2026/10/15/kenya-hikes-fuel-prices-amid-higher-import-costs-linked-to-middle-east-conflict/ 9. Cameroon — Protests demand stronger protection against femicide Importance: 9/10 — Very high. Rights advocates are demanding stronger legal protections and enforcement amid reports of increasing killings of women. SOURCE — FULL DIRECT URL: https://apnews.com/article/cameroon-femicide-women-0a651c800f503950aecf06b3aab99fbe 10. Egypt — Residential building collapses in Cairo Importance: 8/10 — High. A five-storey residential building collapsed in Cairo, killing at least six people and prompting rescue operations and an investigation. SOURCE — FULL DIRECT URL: https://www.africanews.com/2026/10/15/at-least-six-dead-after-5-storey-building-collapses-in-cairo/ #Africa #AfricaNews #AfricaDailyReport #TopNewsOfAfrica #AfricaToday #Mauritius #MauritiusProtests #MauritiusUnrest #Curfew #PoliticalUnrest #CostOfLivingCrisis #WaterShortages #Uganda #Ebola #EbolaOutbreak #EbolaVaccine #VaccineTrial #PublicHealth #Bundibugyo #AfricaCDC #DRCongo #Ethiopia #Eritrea #TigrayConflict #EthiopiaEritrea #RegionalSecurity #DeEscalation #USDiplomacy #MarcoRubio #AfricanSecurity

Sinn Féin said it had proposed scrapping carbon tax on home heating oil, arguing that rising prices were adding pressure on workers and families already struggling with the cost of living. The party said keeping homes warm should not be a luxury. https://t.co/lSI6U29Qvl #CostOfLiving #HomeHeating #CarbonTax #IE

The post reported that US producer prices rose 1.3% month over month in September, compared with an estimated 0.6% increase, citing Bloomberg. It also said the US producer price index excluding food and energy rose 0.7%, against an estimate of 0.3%. #Economy #Inflation #USMarket #US