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Transatlantic Energy Tensions Surface as Washington Pushes Back on EU Climate Rules 12/15/2025

State Capitalism Recast as Security Policy in Washington 12/15/2025

Advance Commitments Push Biowaste Carbon Removal Toward Commercial Scale 12/19/2025

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Economics

World Bank: Poor food quality brings $115 billion of annual loss

Developing countries annually lose $ 115 billion due to poor food quality - this includes productivity losses due to diseases and deaths, the cost of treating eating disorders and losses from international trade, the World Bank (WB) report says. Its experts indicate that instead of focused policies...

GE Power Business Could Get A Boost With A Potential Mega Deal In Iraq

The flagging power business of General Electric got a boost after the company etched a preliminary agreement to rebuild the dilapidated electric power grid of Iraq. But the stage for the final contract bidding has been set as GE rival, Germany's Siemens, has also entered into a nonbinding...

Asian stocks lost nearly $ 5 trillion of their value this year and continue to decline

Asian stocks fell on Thursday after falling at Wall Street. Asian stocks have already lost more than $ 4.9 trillion of their value this year, Bloomberg writes. The MSCI Asia Pacific Index fell by 2% to 4:30 pm in Hong Kong, increasing the decline from the January peak to 22%. The Japanese Topix...

UK is preparing for disruptions of drugs and food supplies due to Brexit

If Brussels and London do not reach a satisfactory Brexit agreement, the delivery of goods to the UK along the main route will be difficult. Absence of a deal between London and Brussels on Brexit could lead to a significant difficulty in transporting goods between Dover and Calais, reports the...

Italy's Budget Rejected By EU Commission

According to a report by the Italian news agency AGI, citing EU sources, Italy has been asked to submit a new budget by the European Commission after the administrative arm of the block rejected the so called populist budget of the debt ridden country. The Commission later held a news...

S&P: Huge debts threaten China economy

China may face “debt iceberg” and “titanic” credit risks, S&P Global rating agency warned. According to its estimates, the size of off-balance sheet debts of Chinese municipalities can reach 30–40 trillion yuan ($ 4.5–6 trillion) due to their investments in infrastructure projects. For many years,...

China Growth Slows Down To Its Slowest In Almost A Decade

China, the second largest economy of the world reported a slowdown in its growth for the three months ended September with a growth rate of 6.5 per cent compared to the same period a year ago. This rate of growth is the slowest for the economy since the early 2009 when it was also hit by...

Canada legalizes cannabis; tax profits expected to increase

A federal law on the legalization of cannabis for recreational purposes entered into force on Wednesday in Canada. In fact, Canada became the first state from the G7 and the second country in the world after Uruguay (legalized in 2013), which transferred this light drug to the legal field, allowing...

Chinese regions debts are going off-balance

Off-balance sheet debt of the Chinese regions in 2017 reached 37 trillion yuan ($ 5.5 trillion), or 45% of GDP, and this figure is significantly higher than the official debts of these issuers (16.5 trillion yuan), Standard & Poor's calculated. Such debt was issued through special financial...

Top 10 countries with the most expensive brands

Brand Finance Nation Brands 100 is a global study accompanied by a rating of countries in terms of the value of national brands according to the British consulting company Brand Finance. The study’s authors believe that condition of a country's brand affects its reputation, self-identification and...