The Johan Castberg Field Begins Production In a landmark development for Arctic energy exploration, Norway has officially commenced oil production at the Johan Castberg field in the Barents Sea, a region located within the Arctic Circle. The project, led by state-owned energy giant Equinor alongside partners Vår Energi and Petoro, marks one of the most […]
Norway Launches Major Oil Extraction in the Arctic Read More »
Republican U.S. Senator Tom Cotton has joined a group of U.S. lawmakers in voicing strong opposition to the European Union’s Deforestation-Free Regulation (EUDR), arguing that it places unfair burdens on American industries and threatens billions of dollars in exports. In a letter to U.S. Trade Representative Katherine Tai, Cotton and his colleagues warned that the EU’s
U.S. Senator Tom Cotton lashes out at EU deforestation rules Read More »
In Turkey, 37 people have been arrested for ‘provocative messages’ on social media that ‘incite crime and hatred’ after the arrest of Istanbul mayor Ekrem Imamoglu. The opposition leader was arrested on Wednesday. Turkish authorities have identified 261 social media accounts, 62 of which are located abroad, Interior Minister Ali Yerlikaya said on TV channel.
Hundreds arrested in Turkey after arrest of Istanbul Mayor Read More »
The European Union has postponed the first hefty import tariffs – a counter-reaction to the American tariffs on steel and aluminium – until mid-April. This gives the EU two weeks more time to negotiate with the United States. The tariffs are two different import tariffs, according to the Reuters news agency. The first levy would
EU postpones first import tariffs on American products until mid-April Read More »
The European Union is going to invest over 4.7 billion euros in South Africa. Of that, 4 billion euros is intended to finance the transition to clean energy. The other 700 million euros will go to stimulate the production of vaccinations. This is what European Commission President Ursula von der Leyen has announced in Cape
EU to invest 4.7bn euro in South Africa Read More »
The South African government is reportedly considering ways to allow Elon Musk’s companies to invest in the country without fully complying with Black Economic Empowerment (BEE) regulations, according to sources cited by Semafor. Under current rules, at least 30% of any South African operations of Musk-owned businesses, such as Tesla or SpaceX, would need to
South Africa Weighs Special Investment Terms for Elon Musk Read More »
European Commission President Ursula von der Leyen announced on Friday that the European Union and India are committed to finalizing a free-trade agreement by the end of the year. Speaking in New Delhi during her two-day visit, von der Leyen emphasized that strengthening ties with India is a strategic priority for Europe. She described the
EU and India aim to seal free trade agreement by the end of the year Read More »
Ukraine’s subsoil holds an abundance of valuable raw materials, including lithium, graphite, and cobalt, positioning the country as a potential economic powerhouse. The United States, under US President Donald Trump, saw an opportunity to access these resources through a strategic deal with Ukraine. Trump estimated the potential worth of these minerals to be around $500
Geologists caution research is needed to value Ukraine’s mineral wealth Read More »
The European Commission has announced it will release 1 million euros on Wednesday to fight bird flu in Vietnam. European Commissioner for Health David Byrne announced this in the European Parliament. The bird flu is already raging through nine Asian countries, where a total of some 6.6 billion chickens live/lived. The number of infections in wild
Bird flu: EU donates 1 million euros to Vietnam Read More »
As France scales back its military presence in West and Central Africa, it remains to be seen how this shift will impact its strategic role in the region. Despite the broader withdrawal, the French government has confirmed it will keep 80 troops in Ivory Coast for training purposes. France has historically maintained a close military
France Adjusts Military Strategy in Africa, Retains Troops in Ivory Coast Read More »