Thursday, 15 May 2025

Focus on Politics

Prime Minister Justin Trudeau says Opposition Leader Pierre Poilievre has pledged to scrap the price on carbon and the rebates associated with Ottawa's program at a time when parts of the country are ablaze with early-season wildfires. Poilievre speaks during a Canada Strong and Free Network event in Ottawa, on Thursday, April 11, 2024. THE CANADIAN PRESS/Spencer Colby
ClimateEconomyLegislationNewsPoliticsWeather

Canada’s PM says rival would rather ‘watch the country burn’ than fight climate change

Canada's Prime Minister Justin Trudeau says Opposition Leader Pierre Poilievre's pledges to axe carbon pricing come at a time of wildfires and other...

FILE PHOTO: The logo of the U.S. Bureau of Land Management, an arm of the Department of Interior, is seen on a sign in the Carrizo Plain National Monument, California, U.S., April 16, 2023. REUTERS/Nichola Groom/File Photo
BusinessCourtsEnvironmentFuelNatural GasNewsOilPoliticsRegulationsResiliency

Oil, gas groups sue to block US rule hiking drilling fees on federal lands

Under the new policy finalized last month, oil and gas companies will pay higher bonds to help ensure old oil and gas wells...

Nova Scotia’s premier says the federal government’s criteria for funding important transportation links should be the same in every region of the country. Nova Scotia Premier Tim Houston speaks to reporters at the Nova Scotia legislature in Halifax, Thursday, Feb. 29, 2024. THE CANADIAN PRESS/Darren Calabrese
EconomyInfrastructureNewsPoliticsResiliencyTransportWeather

Nova Scotia premier wants equal treatment for land corridor after feds buy Quebec bridge

Both Nova Scotia and New Brunswick want Canada's federal government to pay to strengthen the dike system along the vital land corridor between...

FILE PHOTO: Demonstrators protest against the expansion of the Tesla Gigafactory, in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LegislationManufacturingNewsPolitics

Tesla gets local council OK for German factory expansion

Tesla got the go-ahead for an expansion of its German factory near Berlin from the local council despite protests against the U.S. electric...

FILE - A truck carrying 250 tons of coal hauls the fuel to the surface of the Spring Creek mine, April 4, 2013, near Decker, Mont. The Biden administration is proposing to end new coal leases from federal lands in the Powder River Basin of Montana and Wyoming, which includes Spring Creek. (AP Photo/Matthew Brown, File)
CoalEmissionsFuelMiningNewsPoliticsRegulations

US proposes ending new federal leases in its biggest coal region

The Bureau of Land Management proposal would affect millions of acres of U.S. federal lands and underground mineral reserves in the Powder River...

FILE PHOTO: Consumers shop at a weekly street market in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo Moraes/File Photo
AgricultureClimateEconomyNewsPoliticsWeather

Brazil’s government hikes 2024 GDP forecast, sees higher inflation

Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining...

BusinessEconomyElectricityNewsPoliticsTradeWind

Siemens Energy boss says there can be no energy transition without China

Europe's energy sector relies too much on China to entertain the idea of de-risking, says the CEO of Siemens Energy.

A Honda Space-Hub electric concept vehicle, part of a new “O” series line, is displayed at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo
AutomotiveEconomyElectric Vehicles (EVs)NewsPoliticsTransport

Japan’s Honda raises electrification investment to $65bn through FY2030

Japan's Honda Motor pledged to double its electrification and software investment to about $65bn over 10 years

FILE PHOTO: National Economic Council Director Lael Brainard speaks during the daily briefing at the White House in Washington, U.S., October 26, 2023. REUTERS/Ken Cedeno/File Photo
Critical MineralsEconomyElectric Vehicles (EVs)NewsPoliticsTrade

White House’s Brainard says China’s exports can undermine investments in US

"China is now simply too big to play by its own rules," says White House national economic adviser Lael Brainard.

FILE PHOTO: International Monetary Fund spokesperson Julie Kozack speaks to reporters at the IMF's headquarters, ahead of the joint IMF-World Bank annual meetings in Marrakech, Morocco taking place on October 9-15, in Washington, U.S. September 28, 2023. REUTERS/Andrea Shalal/File Photo
EconomyNewsPoliticsSolarTrade

IMF: U.S. should keep open trade, work with China to resolve disputes

The International Monetary Fund says the U.S. would be better served by maintaining its open trade system rather than imposing new punitive duties...

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