Lessons from Failure: Stories of Resilience from Corporate Leaders Corporate Cultures
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
October 6, 2021: -France is pushing the EU to reduce its energy dependency on foreign countries as gas prices soar all over the continent.
The EU has been grappling with growing energy costs in the latest weeks, which prompts governments in Spain, Italy, Greece, and France to take drastic actions to soften the impact on consumers.
The front-month gas price at the Dutch TTF hub, a European benchmark, has been increasing almost 400% since the beginning of the year. Energy experts foresee coming gas price spikes as the winter season comes.
On Monday, Eurozone finance ministers discussed the issue together for the first time at a meeting in Luxembourg.
“We don’t want to be dependent on the supplies coming from foreign,” French Finance Minister Bruno Le Maire told reporters.
The EU is receiving most of its natural gas supplies from Russia. In the year 2020, Moscow accounted for 43.4% of the EU’s natural gas stock, following by Norway at 20%.
Russia is to provide natural gas to the bloc after Gazprom completed construction on the Nord Stream 2 pipeline, a politically charged project designed to deliver gas to the EU via Germany. The state-owned energy giant of Russia started filling the pipeline with gas for tests on Monday, and Gazprom awaits approval from German regulators to begin the taps.
“It is crucial to diversify energy supply and reduce European dependency on gas-exporting countries faster possible,” Le Maire said in the previous week.
When questioned whether the EU was too reliant on Russia’s gas, Europe’s Economic Commissioner Paolo Gentiloni said this issue would be raised in discussions “for sure.”
He said the debate among eurozone finance ministers would include: “How can we address strengthen our independence, address costs of different procurement ways of storage.”
Some national EU governments, especially Spain, have asked for a European answer to the spike in energy prices.
The European Commission, the executive arm of the EU, was about to put forward new ideas on the ways the bloc could tackle the issue together this week. This announcement has been postponed.
“We will take a bit more time to work on it,” Dana Spinant, deputy chief spokesperson for the commission, told reporters in Brussels, Belgium. “It is a fundamental matter,” she said.
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Systems thinking is an approach that focuses on understanding how different parts of a system interact and influence one another within a whole. It is a holistic framework considering interrelationships and patterns rather than static snapshots. By expanding perspectives, systems thinking clarifies complex situations and can spur innovation.
A definite ‘NO’ to the question if struggling families had child care asked by a group of committed volunteers in the San Fernando Valley in 1974, urged the volunteers to look for a way to support families struggling to find quality child care, development, and education services for their families. That year, the San Fernando Valley Child Care Consortium and the Mayor’s Child Care and Junior Task Force proposed the first child care resource center in the San Fernando Valley. Doris McLain was elected chairperson as Mayor Bradley accepted the proposal and gave the newly founded Child Care Resource Center (CCRC) space in Van Nuys City Hall Center. CCRC began 45 years to help working moms find child care.
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