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What a second Trump presidency could mean for US energy policy

  • 3 min
A potential second Trump presidency could see a reversal of Biden administration's climate policies. This may involve expediting LNG export permits, scrapping methane emission fees, expanding offshore drilling, and withdrawing from the Paris climate deal. It could also involve revisiting vehicle efficiency standards and scrapping tax breaks in climate legislation. Democratic control after the elections may impact these plans.
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Britain’s tea supply facing disruption

  • 2 min
Britain's tea supply is at risk due to shipping disruptions in the Red Sea, potentially causing a shortage of some black and flavored lines. While supermarkets currently show ample supply, the duration of disruptions will determine consumer impact. The country's heavy reliance on the Red Sea route for tea importation poses challenges, but minimal impact is expected.
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Indian police fire tear gas as protesting farmers march to capital

  • 3 min
Indian farmers, demanding minimum crop prices, were fired upon by Indian security forces as they attempted to march on the capital, New Delhi. Police have set up blockades and banned public gatherings of more than five people. These protests come ahead of national elections, showing the political power of the country's farming population.
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Gaza ceasefire hopes alive with more talks planned

  • 2 min
U.S., Qatar, and Egypt mediators work towards Gaza ceasefire between Israel and Hamas. U.S. Secretary of State Antony Blinken sees potential for negotiation. Hamas proposed a 4-1/2 month ceasefire with conditions, rejected by Israeli Prime Minister Benjamin Netanyahu. Efforts persist for peaceful resolution, amidst ongoing conflict and international involvement.
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IMF warns of Maldives foreign debt crisis, after China borrowing

  • 2 min
The IMF warns of a potential foreign debt crisis in the Maldives due to heavy borrowing from China and a shift away from India. The country's fiscal deficits and public debt are projected to remain elevated without urgent policy adjustments. Despite economic recovery from the pandemic, uncertainty persists, and the Maldives remains at high risk of external debt distress.
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Germany to provide EUR 45 million support to Pakistan

  • 2 min
Germany signed agreements with Pakistan to contribute 45 million Euros for bilateral cooperation in climate, energy, economic development, training, health, and social protection. The partnership aims to address global challenges and benefit both countries. The ongoing and new projects are aligned with German development cooperation thematic areas. The cooperation underlines a longstanding relationship and supports Pakistan's socio-economic development.
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China overtook Japan as world’s top vehicle exporter in 2023

  • 3 min
In 2023, China surpassed Japan as the largest vehicle exporter, producing 5.22 million vehicles, including a significant number of electric cars. Japan's focus on hybrid technology contrasts with China's emphasis on electric vehicles. Japanese automakers, like Toyota, aim to increase electric vehicle sales and invest in battery technology to remain competitive.
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Sultan Ibrahim installed as Malaysia’s 17th king

  • 3 min
Malaysia's Sultan Ibrahim from Johor state became the country's 17th king, succeeding Sultan Abdullah. The monarchy's influence has grown, and the new king aims to play an active role, proposing control over the state oil firm and reviving the high-speed rail project. He steps into the role amid ongoing political tensions in Malaysia.
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Indian navy frees Iranian fishing boat hijacked off Somalia

  • 3 min
The Indian navy rescued an Iranian fishing boat hijacked by pirates off the coast of Somalia. The warship INS Sumitra intercepted the vessel and successfully coerced the hijackers to release the 17 crew members and the boat. This comes amid fears of resurgent piracy in the region due to the redirection of international naval forces.
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Death toll in southwest China landslide rises to 43

  • 2 min
The death toll in a landslide in southwest China has risen to 43, with just one person still missing. The landslide struck Yunnan province's Zhenxiong county, burying 18 homes and leading to the evacuation of over 200 people. President Xi Jinping has ordered comprehensive rescue efforts, while rescue workers continue their efforts despite challenging conditions.