Xinhua Headlines: Why is the EU wary of cutting off Russian energy?

Xinhua Headlines: Why is the EU wary of cutting off Russian energy?

(220323) -- BRUSSELS, March 23, 2022 (Xinhua) -- People shop at a supermarket in Huyton, Britain, March 18, 2022. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- A woman shops in a supermarket in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- A woman walks past discount signs of a shop in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- A woman stands near a discount sign of a shop in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- Parts of shelves in a supermarket have been left bare in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- Parts of shelves in a supermarket have been left bare in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- MANCHESTER, March 19, 2022 (Xinhua) -- A woman displays an energy bill in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- People shop in a supermarket in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- People shop in a supermarket in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- A man walks past a job centre in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)

BRITAIN-INTEREST RATE-RAISE

BRITAIN-INTEREST RATE-RAISE

(220319) -- HUYTON, March 19, 2022 (Xinhua) -- A woman walks past a discount sign of a shop in Huyton, Britain, March 18, 2022. Britain's central bank, the Bank of England (BoE), has once again lifted the benchmark interest rate to 0.75 percent in a move to combat the rising inflation, according to a BoE statement on Thursday. The BoE has raised borrowing costs several times since December to bring down the country's soaring inflation, which reached a 30-year high of 5.5 percent in January. The Bank's Monetary Policy Committee expected Britain's inflation to grow further in the coming months, to around 8 percent in the second quarter in 2022, and perhaps even higher later this year. (Photo by Jon Super/Xinhua)