Coal remains the leader in global energy, generating nearly a third of electricity
The world is installing wind turbines and solar panels faster than ever, but coal still generates more electricity than any other source, by a huge margin.
Iran promises ‘devastating’ response to new US economic threats
Bessent promised to reveal details of the new measures on August 24.
US Treasury Secretary Scott Bessent stated that the US budget deficit under Trump has likely peaked
Last week, the Treasury Department reported that the monthly US budget deficit in July exceeded 432 billion dollars — the highest figure in over five years.
Switzerland and China agree on trade deal: 99.8% of exports will be duty-free
The agreement also provides for the expansion of access for Swiss investors to the Chinese market.
US urges allies and China to join ‘devastating’ economic war against Iran
“This will work in Iran, and we will bring down this regime,” Bessent told CNBC.
Ukraine’s grain exports amount to only 20% of the required volume: total agro-exports have decreased to 31% of the possible volume
Ukraine’s grain exports dropped to 20% of needed volume due to Russian attacks, says Minister Taras Vysotskyi.
Europe unable to fill gas storage to 90% by winter due to competition with Asia for LNG
The European Union is now rushing to fill its gas storage before winter.
Spain will overtake France and become the world’s most visited country by 2040 — study
Spain is projected to surpass France as the world’s most visited country by 2040, according to a new study.
UK government ready to discuss digital services tax with US amid Trump pressure
The UK, led by former Prime Minister Andy Burnham, says it is open to discussing US concerns over its digital services tax, despite pressure from former President Donald Trump.
Flexible work schedule adds 56% to ‘effective’ salary through time savings — study
A study by Econtime Consultants claims flexible work schedules can increase ‘effective’ salaries by 56% through time savings.