China’s installed clean energy capacity has exceeded fossil fuels for the first time, marking a significant milestone in the country’s energy transition. New data from Global Energy Monitor show that as of February 2026, 52 percent of China’s operating power capacity comes from non......
European natural gas prices dropped sharply on Monday as forecasts of milder temperatures across the continent eased immediate concerns over heating demand. The benchmark Dutch TTF contract slid more than 5 percent to around 30.75 euros per megawatt hour, according to Trading Economics, marking its lowest......
Global equity markets advanced on Monday as investors looked past weekend geopolitical headlines and turned their focus to high stakes nuclear negotiations between the United States and Iran scheduled for Tuesday in Geneva, along with a busy week of corporate earnings led by major retail and agricultural......
Cuba is confronting its most severe fuel shortage since the collapse of the Soviet Union as oil sanctions imposed by the Trump administration intensify, prompting the government to activate emergency rationing measures while Washington simultaneously delivers humanitarian aid through the Catholic Church. Havana......
Finance ministers from the 20 eurozone countries met in Brussels on Monday to outline steps aimed at boosting the international standing of the euro, as Europe seeks to lessen its reliance on the US dollar amid mounting geopolitical and economic pressures. The meeting, chaired by Greek Finance Minister......
Rabobank has raised concerns over the European Central Bank’s decision to expand its euro repo facility to central banks worldwide, warning that the move could require larger European trade deficits and a stronger euro, outcomes that may prove politically sensitive across member states. In its......
Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......
The Japanese yen retreated in early Asian trading on Monday after posting its strongest weekly performance since November 2024, as weaker than expected economic data dampened expectations of a near term interest rate increase by the Bank of Japan. The currency slipped 0.2 percent to 153.07 per dollar,......
A Hong Kong court has dismissed a petition seeking the liquidation of Country Garden, offering temporary relief to one of China’s most indebted property developers as the sector continues to grapple with prolonged instability. The ruling follows months of financial uncertainty and comes after......
China will open its market to duty free imports from 53 African countries beginning in May 2026, extending zero tariff treatment to eligible goods from nations that maintain diplomatic relations with Beijing. The decision broadens earlier preferential trade arrangements that applied to a smaller group......
The French government is preparing new reductions to financial incentives granted to companies hiring apprentices, as part of a broader effort to curb public spending. According to information released by the Ministry of Labor, the amounts paid to employers for recruiting apprentices pursuing higher-level......
A sharp increase in the United Kingdom’s minimum wage for younger workers over the past three years has contributed to higher unemployment among this age group, according to Catherine Mann, a member of the Bank of England’s Monetary Policy Committee. Data shows that unemployment for 18-24......
Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), has limited crude sales over the past two weeks to companies holding individual licences from the United States, curbing exports despite a broader general licence issued by US authorities earlier this year. According to......
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