Trump removes Fed Governor Lisa Cook amid fraud allegations
U.S. President Donald Trump announced on Monday that he had removed Federal Reserve Governor Lisa Cook from her position, citing allegations of mortga...
China is battling an unprecedented power surge, as temperatures push electricity demand beyond 1.5 billion kilowatts. Officials warn the real test is still to come, with risks of power rationing looming.
A prolonged heatwave stretching across southern and southwestern China—from Chongqing and Chengdu to Guangzhou—has sent power usage to record levels, exceeding 1.5 billion kilowatts.
This marks the third time in July the national power load has hit an all-time high, outpacing last year’s peak by 55 million kilowatts.
Meteorologists link the extreme temperatures to climate change and note the role of a persistent subtropical high-pressure system driving the heat.
“The power system is holding up so far,” said Chim Lee, a senior energy and climate change specialist, “but the real test will come as the summer wears on.”
Solar power drove half of June’s energy surge, while hydropower rose compared to 2023 but remained below 2022 levels.
The extreme heat is stressing infrastructure, damaging crops, cutting farm income, and disrupting ports and factories.
Forecasters say temperatures may start to drop from Monday, as a tropical depression near the Philippines could develop into a storm likely named Wipha, and move toward southern China.
However, a persistent subtropical high might block the system’s path, potentially extending the heatwave and increasing pressure on the power grid.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Wind farm developer Orsted's plan to raise much-needed capital is at risk following a U.S. order to halt construction of a near-complete project, and the Danish group's share price could come under pressure on Monday, analysts said.
Brazil’s government has ruled out subsidising hotel costs for delegates attending the COP30 climate summit in Belém this November, despite growing concerns over soaring accommodation prices.
Spain is still battling massive wildfires, but cooler weather has given firefighters a much-needed boost in their fight against the flames.
A Portuguese firefighter was severely injured on Thursday after flames suddenly engulfed his fire engine during a wildfire sweeping through central and northern Portugal.
A study published in Nature on Thursday highlights that the rapid decline of Antarctic sea ice may represent a crucial tipping point for the global climate.
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