China’s Coast Guard is Deliberately Creating Legal Ambiguity
While laws should provide clarity and transparency, China’s recent orders regarding maritime jurisdiction appear to be deliberately based on ambiguity…
EU Imposes Small-Scale Sanctions on Russian LNG Exports
The EU’s member states have agreed to roll out the bloc’s first-ever sanctions on Russian LNG, though the impact on…
India Approves Plan for First Two Offshore Wind Farms
The Indian cabinet on Wednesday approved the approach and framework for the country’s first offshore wind farms. Announcing what is…
Norway Provides Record Funding for Ammonia and Hydrogen Vessel Projects
Enova, the Norwegian government’s clean energy fund developed to spur decarbonization efforts including in the maritime sector, is making its…
Calling All Crewboats: U.S. Navy Seeks Midsize Hulls for Unmanned Program
The U.S. Navy has been experimenting with midsize unmanned vessels for years, testing them out on extended ocean voyages and…
Germany’s Ifo slightly raises 2024 GDP forecast, says progress slow
Germany’s Ifo institute slightly raised its 2024 forecast for economic growth in Europe’s top economy on Thursday, citing stronger consumer…
India economic inequality to persist despite roaring GDP growth
The Indian economy is likely to remain the fastest-growing major one in coming years, but a majority of independent economists…
Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank on Thursday trimmed its key interest rate by 25 basis points to 1.25%, continuing cuts at…
China orders small banks to curtail wealth management business, sources say
China’s banking regulator has given small banks a 2026 deadline to stop selling wealth management products unless they have a…
Bank of England keeps rates at 16-year high before UK election
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting…