EU Protests Taiwan’s Local Content Rules for Offshore Wind Farms
The European Union has filed a formal challenge to a longstanding Taiwanese directive that requires offshore wind developers to source…
Russian Navy "Missing" From Sea of Azov
After a series of Ukrainian attacks on the Kerch Strait ferry service, the Russian Navy has stopped patrolling the Sea…
Yellen says G7 can reach deal on $50 bln Ukraine loan by October
U.S. Treasury Secretary Janet Yellen told Reuters on Friday that “things look good” for Group of Seven wealthy democracies to…
Asia’s AI-chip trade growth continues to boom
The most remarkable thing about Northeast Asian economies – South Korea, Japan, and Taiwan – is the robust growth in…
First Bank of England rate cut since 2020 hangs on knife edge
The Bank of England’s first interest rate cut since 2020 hangs in the balance next week, with greater uncertainty than…
Bulker Breaks Apart in Storms Causing Oil Spill off South Africa
The bulker that capsized and washed ashore on the west coast of South Africa broke up during storms over the…
Ship Strike on Shark Captured on Video for the First Time
Ship strike incidents are widely believed to be a contributing factor in the declining numbers of many shark species. But…
G20 agrees to tackle taxation of the super-rich, but forum not yet decided
The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world’s largest fortunes on Friday…
Keep global tax negotiations at OECD, not UN, Yellen says
U.S. Treasury Secretary Janet Yellen said on Friday that she opposes shifting global tax deal negotiations away from the Organisation…
Yellen says $3 trillion needed annually for climate financing, far more than current level
U.S. Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in…