Hydrogen has been hyped as key to a global energy transition. After a slow start, it has received a boost from a Canada-Germany deal. So what does the future hold for the low-carbon fuel? Hydrogen...
Humans can influence the weather ― to a degree. Today, cloud seeding, or artificial rain, is mostly used to bring water to drought-ravaged regions. But it’s also been misused in the past. Countries in the...
Ukraine’s central bank has been de facto printing money to pay its troops, but the measure is unsustainable. More international support is vital, but how much new cash could be raised domestically? As the war against...
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...
Beijing this week slashed interest rates to boost demand after its zero-COVID policy and a property crash rocked the economy. China’s woes will hurt global growth but could also help to cool inflation. As growth...
Saudi energy giant Aramco says its profits have nearly doubled compared with last year. The firm, which is nearly fully state-owned, has seen both demand — and pump prices — soar. Saudi Arabia’s national oil...
Turkish President Recep Tayyip Erdogan also says his country will extend use of Russia’s Mir payment system. His announcements came after meeting with Russian leader Vladimir Putin in Sochi. Turkey will switch part of its...
While Russian gas can be replaced with other forms of energy, microchips made in Taiwan cannot. The country’s chip giant TSMC has attained a global market dominance of truly systemic proportions. But why is that?...
A string of record-breaking profit reports from the world’s largest oil companies has raised eyebrows, given that consumers around the world are grappling with a worsening energy crisis. The global energy crisis and high inflation...
European demand has kicked the US LNG industry into high gear, but its capacity is too low and the climate is being caught in the crossfire. As Europe weans itself off Russian energy as punishment...
Researchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions, despite Moscow downplaying the effect. Sanctions on Russia are taking a heavy toll on the economy, despite Moscow’s assertion that the...
The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be “teetering on the edge of global recession.” In...