IEA: Oil market tighter than it seems despite forecast surplus
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising ref...
At a major Beijing forum, President Xi Jinping highlighted the need to bridge cultural divides through dialogue, promoting a global network that supports peaceful coexistence and sustainable development amid worldwide uncertainty.
Chinese President Xi Jinping on Thursday called for greater dialogue and cooperation among world civilizations, pledging that Beijing will work with other countries to build a global network focused on peace and development.
In a written address to the Global Civilizations Dialogue Ministerial Meeting in Beijing, Xi emphasized the need to embrace diversity and promote cultural exchanges to foster mutual understanding and stability, according to state media Xinhua.
“The world is, in nature, a place of diverse civilizations,” Xi said. “Exchanges and mutual learning among civilizations are essential for their flourishing and human progress.”
He stressed that dialogue must bridge cultural divides and replace conflict with learning in today’s turbulent world.
Xi reaffirmed China’s commitment to equality, inclusiveness, and mutual learning, aiming to create a global platform for peaceful cooperation.
The two-day event, themed Safeguarding Diversity of Human Civilizations for World Peace and Development, drew over 600 participants from nearly 140 countries and regions.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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