The Russian economy is “absolutely and strongly overheated,” said Herman Gref, CEO of Sberbank. Gref said it is “impossible” to exceed the current production capacity, which is 84%. Russia’s sanctions-hit economy grew by 3.6% of GDP last year, driven by wartime activity. After more than two years of war with Ukraine, the Russian economy seems […]
The recent floods in the German state of Bavaria have affected voters for the European Parliament elections, with some polling stations forced to relocate and there are reports of lost voting documents. Bavarian state election official Thomas Gössl said town halls were not yet usable in some affected regions. That is why provisional municipal councils
Floods in Bavaria, Germany disrupt the European Parliament elections Read More »
The cost of solar panels has fallen by 30 percent in the past two years, according to the IEA (Sia KAMBOU) More money is being poured into solar power than all other electricity sources combined, with investment expected to reach half a trillion dollars this year, the world’s top energy research body said Thursday. The
Investments in solar energy exceed all other forms of energy: IEA Read More »
KATHMANDU, Nepal (AP) — Nepal’s abundant hydropower is helping the Himalayan country cut its oil imports and clean its air, thanks to a boom in electric vehicle sales. Nearly all the electricity produced in Nepal is clean energy, with most of it generated by river-fed hydroelectric power stations. Thanks to that abundant energy source, the
Electric car sales boom in Nepal, saving oil imports and easing smog Read More »
(Getty Images) The large-scale Russian invasion of Ukraine in February 2022 not only sparked international outrage. It also triggered a wave of sanctions aimed at weakening the Kremlin’s ability to wage war against its neighbor. Russia’s assets abroad had been frozen, its economy cut off from the global financial system and energy exports under attack.
The Russian economy is growing, but can it sustain? Read More »
An Israeli airstrike on a UN school full of hundreds of displaced people in central Gaza has killed more than 20 people, locals say. The Israeli army said it had carried out an attack on a UN school housing a ‘Hamas complex’. Local journalists told the BBC that an Israeli warplane fired two rockets at
An Israeli attack on a UN school in Gaza kills at least 20 people, locals say Read More »
CAPE TOWN, South Africa (AP) — South Africa is in a moment of deep searching for one election that produced a shocking division of the African National Congress, the party that gave it freedom and democracy thirty years ago. In the days following the rejection of what was once the country’s most beloved organisation, South
JERUSALEM (AP) — The Israeli military said Thursday it was targeting what it called a “Hamas compound” at a school in the Gaza Strip. In an attack that killed at least 32 people and injured dozens, according to Hamas-affiliated media. Information about the strike in the Nuseirat region remained conflicting Thursday morning and The Associated
As the European Parliament elections begin on Thursday, here are the key facts about the continental poll and the European Union. When? Votes for Members of the European Parliament will be cast across the European Union from June 6 to 9, but will vary by country. The Netherlands kicks off on Thursday, June 6. Ireland
The European elections and the European Union Read More »
NEW DELHI (AP) — India’s bruised and battered opposition was largely written off ahead of the election the national elections as too weak and fragmented to take on Prime Minister Narendra Modi and his powerful Hindu nationalist ruling party. It scored a stunning comeback, slowing down the Modi juggernaut and pushing his Bharatiya Janata Party
