Monday, 21 April 2025

Focus on Politics

FILE PHOTO: Turkey's Finance Minister Mehmet Simsek speaks during a meeting of Turkish Industry and Business Association (TUSIAD) in Istanbul, Turkey, July 11, 2024. REUTERS/Murad Sezer/File photo
BusinessEconomyFuelNews

Turkey’s fuel, tobacco tax moves will not harm inflation goal, Simsek says

Turkey plans fuel and tobacco tax hikes next year without risking its 2025 inflation goals.

Hurricane Milton was the single most costly event in 2024 (Alamy/PA)
ClimateEconomyEnvironmentNewsReportsResiliencyWeather

2024’s top 10 climate disasters cost more than 200 billion dollars, charity says

In 2024, the top 10 climate disasters caused over $200 billion in damages, highlighting the urgent need for action on emissions.

The Government is set to introduce stringent rules limiting the number of new incinerators that are built (Andrew Matthews/PA)
ClimateEmissionsEnvironmentFuelNewsRegulations

UK government to block incinerators that do not contribute to green plans

The government will block new incinerators unless they reduce landfill waste or replace older facilities, aiming to boost recycling rates.

The UK is set to build thousands more pylons over the coming years (Gareth Fuller/PA)
AnalysisBusinessClimateEfficiencyElectricityEnvironmentInfrastructurePoliticsRegulationsTransmissionUtilities

Pylon wars: Battle between builders and ‘blockers’ mounts across UK

Plans to build thousands of new pylons in rural UK to meet clean power targets face backlash from communities across the country.

A fishing boat remains stranded after strong waves hit in Lobitos, Talara Province, Peru, on December 27, 2024 (AFP)
BusinessIndustryMaritimeNewsTradeWeather

One dead in Ecuador, Peru ports closed amid massive waves

Massive waves up to four meters high are battering Ecuador and Peru, closing 91 ports and resulting in at least one death.

Piles of coal at the Westshore coal export terminal at Roberts Bank and gantry cranes used to load and unload containers onto and from cargo ships are seen at Deltaport, in Tsawwassen, B.C., on Monday, September 9, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessClimateCoalEmissionsEnvironmentIndustryMaritimeNewsTrade

Machinery fire extinguished at Delta, B.C., coal port terminal: Port authority

A coal stacker fire at Westshore Terminals in Delta, B.C., has been extinguished; no injuries reported, operations paused.

FILE - Ashaninka's territory sits along the winding Amonia River in Acre state, Brazil, June 22, 2024. (AP Photo/Jorge Saenz, File)
AnalysisBiodiversityClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsResiliencyWeather

Drought, fires and deforestation battered Amazon rainforest in 2024

2024 was a brutal year for the Amazon rainforest, with rampant wildfires and extreme drought ravaging large parts of the biome.

FILE PHOTO: Ukraine's President Volodymyr Zelenskiy looks on as he attends a European Union leaders summit in Brussels, Belgium, December 19, 2024. REUTERS/Johanna Geron/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulations

Ukraine’s Zelenskiy hits back at Slovak PM Fico as gas transit dispute deepens

Zelenskiy accused Slovakia's PM Fico of opening a "second energy front" against Ukraine amid a deepening gas transit dispute.

FILE PHOTO: A drone view shows a cargo ship and shipping containers at the port of Lianyungang in Jiangsu province, China October 17, 2024. China Daily via REUTERS/File Photo
BusinessCritical MineralsEconomyIndustryInfrastructureManufacturingNewsPoliticsTrade

China to cut import tariffs on some recycled copper and aluminium raw materials

China will cut import tariffs on ethane and some recycled metals from Jan. 1, 2025, to boost imports and green development.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AnalysisBusinessElectric Vehicles (EVs)IndustryLegislationManufacturingRegulations

What happens next to workers in ‘slavery-like conditions’ at BYD’s site in Brazil?

Brazil rescues 163 Chinese workers from BYD site in "slavery-like conditions"; negotiations for their protection ongoing.

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