August 17th, 2022. Big Five Update: Biden Signs the "Climate" Bill. Electricity Prices Soar in Europe. US is Set to Increase Aid to Ukraine. Tariffs on Chinese Products. Lebanon Bank Robbery Rings Alarm Bells.
The President's Daily Brief
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Europe's Energy Crisis Is Getting Worse
Europe normally relies on france and its nuclear power to support the many countries on the continent, especially in times of need. But nuclear plants are being taken off line for either maintenance or because of high temperatures during the summer's heat wave. That means that france has turned from a net exporter of electricity to a net importer. The rest of europe has tried switching from russian natural gas power to coal, most especially the country of germany. And finally, europe's green energy revolution, that's not helping as much as they had hoped.
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