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Asia factories hit by tariff shock and softer demand — what pushed activity down and what’s next 09/01/2025

India and China edge toward détente as diplomacy, economics and pragmatism drive thaw 09/01/2025

ExxonMobil expects global oil production to decline by 15% per year without new investment 09/01/2025

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World & Politics

UN reports record levels of global climate change

The Earth's atmosphere now contains record amounts of the three main greenhouse gases: carbon dioxide, methane, and nitrous oxide. This was stated in the State of the Global Climate 2022 report, which was released by the World Meteorological Organization (WMO; a division of the UN) on April 21. The...

US Agrees To Sell Turkey F-16 Equipment Worth $259 Million

The planned sale to Turkey of avionics software updates for its current fleet of F-16 fighter aircraft, a transaction valued at up to $259 million, was announced to Congress by US President Joe Biden's administration on Monday. After receiving initial clearance from the heads of the U.S....

G7 countries to step up green transition

G7 foreign ministers issued a statement that calls to keep "any country from using energy exports for geopolitical coercion". Consequently, the G7 governments intend to implement clean energy on a global scale. In order to prevent any government from utilizing energy exports as a tool for...

Europe's largest nuclear reactor goes online in Finland

The biggest nuclear reactor in Europe has begun full-scale operation after spending the previous 18 years under construction In Finland. The third unit of the west-located Olkiluoto nuclear power station, a brand-new nuclear reactor called Olkiluoto-3, has begun full-scale operation in Finland,...

EU Commissioner McGuinness: EU preparing to impose 11th sanctions package against Russia

Member of the European Commission (EC) for services and financial stability Mairead McGuinness said that the EU is working on its eleventh set of anti-Russian measures. She affirmed that it would be intended to counter attempts to get around existing limits. The final decision will also other...

In Response To Claims Of Eavesdropping, South Korea Calls A Leaked US Intelligence Document "Untrue"

Apparently based on internal talks among top South Korean security officials, the material in the allegedly stolen U.S. classified paper was deemed "untrue" and "altered" by South Korea on Tuesday. A diplomatic dispute between the United States and some allies resulted from several...

India's military exports reach record $1.9bn

According to Indian Defense Minister Rajnath Singh, the nation's shipments of weapons and defense technology for the fiscal year 2022–2023 totaled Rs 159.2 billion (roughly $1.9 billion). He claimed that this is a new high. The minister stated on Twitter that "our defense exports will continue to...

California to ban unhealthy sweets

Lawmakers in the American state of California want to outlaw unhealthy candies because they contain potentially harmful substances. According to NBC News, the case might not make it to the final stage because of the producers' powerful lobby. This bill's primary goal is to highlight the unhealthy...

Bloomberg: Trump will not be put in jail if indicted

If charges are brought against him, the 45th U.S. President Donald Trump won't be handcuffed and taken to a cell, an insider told Bloomberg. Trump suggested last week that he might be taken into custody on March 21. The agency claims that in addition to having his fingerprints collected, the former...

Macron's rating falls to lowest since 2019 amid pension reform

The unpopular pension reform is contributing to the decline in French President Emmanuel Macron’s popularity, writes Le Journal du Dimanche referring to a poll by the French Institute of Public Opinion (Ifop). The Ifop survey was carried out from March 9 to March 16. 1,952 people participated in...