Armenia–Azerbaijan ties lift economic outlook, Fitch says
Fitch Ratings, one of the world’s three major credit rating agencies, says the start of trade and economic relations between Armenia and Azerbaijan ...
A decision on the European Union’s proposed 2040 climate emissions target has been delayed, with ministers now set to discuss it at an October summit instead of next week, EU officials said.
The Danish EU Presidency had planned for environment ministers to vote on 18 September, but member states indicated they were not ready to take a position on the controversial 2040 target.
The European Commission had proposed cutting CO2 emissions by 90% by 2040 compared to 1990 levels, as an intermediary step toward EU climate neutrality by 2050. The 2040 target is intended to follow the EU’s 2030 goal of at least a 55% reduction in emissions.
EU officials were told that countries need more time to balance environmental ambitions with competitiveness and economic realities. One diplomat said the October summit aims to have a “decisive” discussion while avoiding a unanimity vote that could give disproportionate weight to the most hesitant member states.
The 2040 target will also influence national climate action plans under the Paris Agreement, which are expected to be presented at COP30 in Belém, Brazil in November (10 - 21 November).
Some countries have already voiced opposition. Slovakia and Hungary argue that a 90% emissions cut by 2040 could severely damage their industries. Slovakia’s Environment Minister Tomas Taraba criticised the proposal, calling it disconnected from economic realities. France has suggested that the decision should be taken by EU heads of state rather than ministers.
EU officials cautioned that while the October summit is expected to address the issue, no final decision is guaranteed.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
A railway power outage in Tokyo disrupted the morning commute for roughly 673,000 passengers on Friday (16 January) as two main lines with some of the world's busiest stations were halted after reports of a fire.
Russian President Vladimir Putin has warned that the international situation is worsening and that the world is becoming more dangerous, while avoiding public comment on events in Venezuela and Iran.
President Donald Trump announced Thursday evening that the long-awaited “Board of Peace” to oversee Gaza’s reconstruction has officially been formed.
Venezuelan opposition leader Maria Corina Machado said she presented her Nobel Peace Prize medal to U.S. President Donald Trump during their meeting on Thursday, 15 January.
A landmark global treaty to safeguard biodiversity in the high seas came into effect on Saturday, providing countries with a legally binding framework to tackle threats and meet a target to protect 30% of the ocean environment by 2030.
The 240-megawatt Khizi-Absheron Wind Power Plant has been inaugurated in Azerbaijan on Thursday (8 Jan) by President Ilham Aliyev, who described the launch as a landmark moment for Azerbaijan's energy sector. It's the first large-scale, independently developed wind energy project in the country.
A mountain gorilla has given birth to twins in war‑torn eastern Democratic Republic of Congo (DRC), a national park said on Wednesday, calling the event “a major event” for the endangered subspecies.
Experts say COP30 failed to deliver concrete commitments on fossil fuels and deforestation despite high expectations.
Snow and ice caused travel chaos in northwest Europe on Wednesday, while others were delighted by the snow-covered streets of Paris, venturing out on sledges and skis.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment