EU moves closer to implementing tariff cuts under U.S. trade deal
The European Union has moved closer to implementing tariff cuts under last year’s U.S. trade agreement after negotiators agreed on a provisio...
It is a fascinating realization that every concept can be spun to make it sound more appealing.
During COP29, Bloomberg published an article containing the thoughts of the White House Climate Advisor Ali Zaidi, who argued that “oil boom aids energy transition.”
“That is a facilitator of decarbonization, not something that slows it down,” Zaidi said.
According to Mr.Zaidi, increasing oil production in the US helped maintain market stability and avoid “shocks and upward price pressure.” However, justifying that position is incredibly challenging, particularly considering the ongoing climate summit in Baku.
Whether we like it or not, it is necessary to accept that traditional energy sources will remain relevant for the foreseeable future. However, it is also important to realize that climate change is also real, and the impact of those changes will be dramatic, to put it mildly. Energy transition is one of the most credible mechanisms for avoiding dire outcomes.
The White House official's policy approach points to a degree of dependence on oil revenues. It is also possible to argue that the US has the potential to increase oil production using energy prices as a tool of coercion in international affairs.
The statement of the Mr. Zaidi clearly illustrates the contradictory nature of political discourse on climate. The approach of the White House official in this situation is an attempt to justify increasing revenues during an election year to pull more voters and achieve political objectives.
United Nations World Urban Forum 13 continues in Baku, Azerbaijan on 19 May with sessions and roundtable discussions focused on strengthening dialogue and advancing cooperation in urban development. Organisers say there are nearly 3 billion people globally who face some form of housing inadequacy.
Azerbaijan and Georgia have agreed to resume daily passenger train services on the Baku-Tbilisi-Baku route from 26 May, 2026, marking a major step in restoring regional rail connectivity after services were suspended in 2020 due to the COVID-19 pandemic.
Pakistan has deployed around 8,000 troops, fighter jets and air defence systems to Saudi Arabia under a mutual defence agreement, according to security officials and government sources familiar with the arrangement.
U.S. President Donald Trump said on Monday that he had paused a planned attack on Iran after Tehran sent a peace proposal to Washington. He said there was now a “very good chance” of reaching a deal to limit Iran’s nuclear programme.
Samsung Electronics and its South Korean union have narrowed some differences, a mediator in their talks said on Tuesday, as pressure mounts from the government and business groups to avert an imminent and damaging lengthy strike.
More than 100 people were killed in a violent storm that battered India's most populous state, Uttar Pradesh, with rain and hail, the state Disaster Management and Relief office said on Thursday.
Climate change has driven a record surge in wildfires across Africa, Asia and other regions this year, with scientists warning that conditions are likely to worsen further as the northern hemisphere enters summer and El Niño weather patterns intensify.
Destruction of the world's tropical forests eased in 2025 from a record high, a report showed on Wednesday, underscoring how decisive policy can help keep trees standing despite pressures from a warmer climate and expanding agricultural frontiers.
Kazakhstan has ratified a regional green energy agreement with Azerbaijan and Uzbekistan, signalling Central Asia’s ambition to become a key supplier of renewable energy to international markets.
China’s growing use of electric and hydrogen-powered vehicles took centre stage at the Beijing Auto Show 2026, which opened on 24 April, highlighting the country’s expanding clean transport ambitions.
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