18 Posts

record

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Saudi Arabia sets world record for cheap wind energy

  • 3 min
Saudi Arabia has set new world records in cost reduction for wind energy production, achieving 50 percent share of renewable energy by 2030. In collaboration with Japan's MARUBENI Corporation, the AlGhat and Wa’ad Alshamal projects received power purchase agreements, setting world records for wind energy production costs. This initiative supports Saudi Arabia's Vision 2030 and aims to enhance energy efficiency.
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Haiti gang wars push hunger to worst levels on record

  • 3 min
Haiti is facing its worst food insecurity levels due to gang violence, inflation, and poor harvests. Almost half of the population is struggling to feed themselves, with areas nearing famine. The WFP is calling for urgent action, as armed groups are taking over farmlands and causing mass displacement. The situation is exacerbating an already prevalent humanitarian crisis.
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Gold pulls back from record high ahead of US CPI data

  • 3 min
Gold retreated from its record high ahead of the US CPI data, signaling a potential end to nine consecutive sessions of gains. Spot gold fell 0.3% to $2,176.79 per ounce, below the record $2,194.99 on Friday, with US gold futures also down 0.3%. The market awaits the US CPI report for further indications on the Federal Reserve's next move. Bullion remains supported by strong speculative interest and solid physical demand.
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January was world’s warmest on record, EU scientists say

  • 2 min
The European Union’s Copernicus Climate Change Service reported that January 2024 was the world’s hottest on record, marking a trend of exceptional heat due to climate change. The 12-month period also saw temperatures exceeding 1.5 C above pre-industrial levels. Urgent greenhouse gas emissions reductions are crucial to halt global temperature rise.
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Princess Diana dress sells for record $1.1 million at auction

  • 2 min
Princess Diana's Jacques Azagury evening dress, worn in 1985 and later in 1986, was sold at Julien's Auctions for a record-breaking $1.1 million, surpassing its $100,000 - $200,000 estimate. The Hollywood Legends sale also featured other items including Diana's engagement portrait blouse and gowns by designers Lord Snowdon and Catherine Walker. - Khabristan.PK
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Food prices compared to a year ago, record rise

  • 2 min
In Pakistan, the current inflation rate has reached an unprecedented peak, marking the highest level ever recorded in the nation's history. A comparison between the prices of food items from a year ago and their current prices illustrates a substantial surge in costs.