[ad_1] In a significant financial development, Moody’s, a leading US ratings agency, has announced a downgrade of Israel’s credit rating from A1 to A2 on Friday, attributing the decision to the detrimental impacts of the ongoing conflict with Hamas in Gaza. This marks the first time Israel has experienced a downgrade by Moody’s, as reported […]
[ad_1] Established in 1988, the U.N. Intergovernmental Panel on Climate Change (IPCC) has been bringing out climate change assessment reports on a periodic basis. So far, it has produced six assessment reports, three special reports, as well as methodology reports that provide guidelines for estimating greenhouse gas (GHG) emissions and removal. Three reports from the sixth […]
[ad_1] India is expected to ink a multibillion-dollar agreement on Tuesday to continue importing 7.5 million tonnes of LNG annually from Qatar, for a further 20 years beyond 2028, at less than today’s costs. Petronet LNG ltd will sign the deal to extend import contract with Qatar Energy on sidelines of India Energy Week in […]
[ad_1] A file photo of Australia’s Climate Change and Energy Minister Chris Bowen. | Photo Credit: Reuters Australia released a “preferred model” for new standards on vehicle emissions on February 4, as the country moves closer to finalising rules to boost uptake of electric cars, in line with standards in most other developed economies. The […]
[ad_1] India’s renewable energy stocks have enjoyed a scorching rally for the past two years as retail buyers pile in, but their extended valuations are flashing warning signs.SG Mart Ltd, a Gujarat-based solar and wind energy producer, has soared over 5,800% since November 2021 — when Prime Minister Narendra Modi announced that India aimed to […]
[ad_1] Sultan of Johor, Sultan Ibrahim Iskandar (wearing black) sits during the oath taking ceremony as the 17th King of Malaysia at the National Palace in Kuala Lumpur, Malaysia on January 31, 2024 | Photo Credit: via Reuters Sultan Ibrahim, the wealthy and outspoken ruler of Malaysia’s southern Johor state, was sworn in as the […]
[ad_1] China Evergrande Group was ordered to be liquidated by a Hong Kong court, a stunning legal coda for the world’s most-indebted property developer.A wind-up could end up in management being replaced and addressing some issues, Judge Linda Chan said in the city’s High Court on Monday morning.The ruling on Monday cements the homebuilder, carrying […]
[ad_1] Collateral damage:Palestinians carry the body of a person killed in the bombardment of a UNRWA building in Khan Younis. | Photo Credit: AP Jerusalem The UN agency for Palestinian refugees said Friday it had sacked several employees accused by Israel of involvement in Hamas’s October 7 attack, prompting the United States to suspend critical […]
[ad_1] Microsoft achieved a historic $3 trillion market valuation on Wednesday, in the latest example of how optimism over artificial intelligence has fuelled a seemingly unstoppable advance in the software giant. The stock rose 1.3% to $404, resulting in a market capitalisation of $3 trillion. The threshold cements Microsoft’s status as one of the largest […]
[ad_1] The co-leader of the far-right Alternative for Germany (AfD) party said on Monday that the Brexit vote was an example to follow for the EU’s most populous country. “It is a model for Germany, that one can make a sovereign decision like that,” Alice Weidel said while also adding that it would address a […]