The Hellenic Radio (ERA): News in English, 08-04-22

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From: The Hellenic Radio (ERA) <www.ert.gr/>

CONTENTS

[01] Oil-Euro Hit Fresh Record

By Katerina Ioannidou

The oil reached a new record high Tuesday, with crude nearing US$120 per barrel in New York. The surge has been attributed to Chinas increased imports in the last month and concerns over the flow of oil from Russia and Nigeria. At 18:30 Greek time, light crude in the New York Market had nearly reached the record-price of US$119.38 per barrel. The London Brent for May deliveries traded at US$116.23 per barrel, with its price rising to a record peak of US$116.75 later. At the same time, analysts have reported that information as per which Russia, the biggest OPEC producers is producing less petrol compared to last year and that Nigerias production may fall due to lack of investments have allowed people to justify the high oil prices. Meawnhile, the euro has broken for the first time the US$1.60 barrier.

Translated by John Crystallidis

Read the story on other sources:

Reuters:U.S. crude roars above $119 on dollar, supply

[02] Gruevski's Letter to Bush

Sources: ANA

FYROM (Former Yugoslav Republic of Macedonia) Prime Minister Nikola Gruevski has sent a letter to US President George Bush thanking him for USAs help to his country. Specifically, he states that USAs systematic help to FYROM has helped his country to meet the criteria for it entry to NATO. However, the irresponsible stance of a country at the NATO Summit Meeting held in Bucharest prevented his country from joining NATO. Moreover, he accuses Greece of violating the Interim Agreement on 2 April, adding that government spokesman Ivitsa Botefski will launch a campaign to brief all international organizations.

Translated by John Crystallidis

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