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Business Matters: Russia to keep crucial gas pipeline to Europe closed

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03/09/2022 GMT

Russia to keep crucial gas pipeline to Europe closed

BBC World Service - Business Matters, Russia to keep crucial gas pipeline to Europe closed

Russian energy giant Gazprom has closed its crucial gas pipeline to Europe

The Russian state-owned energy firm Gazprom has indefinitely closed its Nord Stream 1 gas pipeline to Europe, citing an oil leak.

The Russian state-owned energy giant Gazprom has indefinitely closed its Nord Stream 1 gas pipeline to Europe.  It says an oil leak on a turbine is to blame, claiming sanctions are holding up regular maintenance work. But the EU says this is just a pretext.  Our Brussels Correspondent Jessica Parker gives us the latest.

A further 315,000 jobs were added in the US during August, far fewer than in July.  But what does the slower rate of growth mean for the US economy?  Randy Kroszner, Professor of Economics at The University of Chicago Booth School of Business explains.

Will Bain is joined by Marketplace reporter Andy Uhler in Austin, Texas and womenswear brand owner Alaezi Akpuru in Lagos, Nigeria.

(Image: a traffic sign and a logo of Russia's energy giant Gazprom at a petrol station in Moscow. Credit: Getty Images)

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