German Chancellor Olaf Scholz says his government is slashing taxes on energy consumption in a bid to rein in rising prices. Facing off with Russia over its attack on Ukraine, is coming at a steep cost for the European Union. Its energy supplies are under threat, and the bloc is rushing to import liquefied natural gas to make up for a reduction in shipments from Russia.

For more on this, we were joined by the CEO of Meyer Resources, Cornelia Meyer from Bern.

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