- Reuters
Unused EU recovery funds should go towards defence, Polish ministers say
Unused European Union funds meant for helping member states recover from the pandemic should be put towards building the defence industry, Poland's deputy prime minister and its foreign minister said on Monday. Poland is spending more on defence as a proportion of its GDP than other EU states and has called for EU members to ramp up defence spending in the wake of Russia's invasion of Ukraine. "All unused national recovery plan funds should be shifted towards defence projects," deputy prime minister and defence minister Wladyslaw Kosiniak Kamysz said during a panel at the Defence24 conference in Warsaw.
- Reuters
Exclusive-Colombia's Ecopetrol exploring participation in offshore wind auction
Colombia's majority state-owned energy company Ecopetrol is analyzing its potential direct participation in the Andean country's first-ever offshore wind auction, the company said in a statement to Reuters. The government of President Gustavo Petro, Colombia's first leftist leader, has said it wants to wean the Andean country from its dependence on fossil fuels while ensuring energy self-sufficiency. Bidders in the auction for concessions off the country's Caribbean coast are required to demonstrate some sort of partnership agreement with a public or mixed-ownership company - such as Ecopetrol - in order to be awarded a concession.
- Motley Fool
Is Cloudflare Stock Going to $94? 1 Wall Street Analyst Thinks So.
The company is pricey on its valuations, so some expect it to outperform.
