With record-high temperatures in Northern Africa and worries over food security rampant from Egypt to Morocco, agrivoltaic projects in the region are getting ever more attention. As food and energy security emerge as top priorities in several...
The average age of all cars and light trucks in operation in 2022 rose to a new record of 12.2 years, according to S&P Global Mobility today. The metric tracks the average age of vehicles...
Rising energy and commodity prices resulting from Russia’s war in Ukraine are slowing Europe’s economic growth and increasing inflation. The European Commission on Monday lowered the eurozone growth forecast for 2022 down to 2.7% from a...
As is often the case, crises are trend gas pedals. This is the case with the covid-19 pandemic, which is a catalyst for the 4th industrial revolution in the face of the unsustainability of the...
Way back, in 1944, at what is known as the Bretton Woods Conference, representatives of the nations of the world took the curious decision to designate the US dollar, which is actually a national currency,...
China’s zero-COVID policies are beginning to severely hit the country’s global export engine. Prolonged lockdowns led to particularly sluggish export growth in April, new figures show. China’s export growth fell sharply to 3.9% in April,...
Turkey is trying to attract more Russian tourists by expanding the usage of the Russian Mir payment system in Turkey as it seeks to bypass payment bottleneck created by Western sanctions. Turkey wants to boost...
Covid 19 pandemic has changed our way of life unpredictably. Consumer buying behaviour towards necessities and non-necessities has been impacted differently by the two-year prolonged pandemic situation. Spending patterns of an individual in both categories...
Russia’s decision to cut gas supplies to Poland and Bulgaria and the sharp sell-off in US equities yesterday casts a pall over the markets today. But not the dollar. The euro punched through $1.06 for...
Weekends are sacrosanct. The overworked Indian population strives to bond with their relatives, friends and make the most of the 2 or 1.5 or 1 day weekends. More often the conversations tend to have this...
The negative economic effects from Russia’s invasion of Ukraine will significantly hurt global growth, the IMF has said. Increasing food and fuel prices have raised the prospect of unrest in poorer countries. The economic damage...
It’s the latest attempt to slow soaring inflation and quell the anger of protesting Sri Lankans calling for President Gotabaya Rajapaksa’s removal. Sri Lanka has more than $50 billion in external debt. Sri Lanka will...