Sterling, yen dragged by fiscal and political worries
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
China has introduced its first renewable energy consumption targets for key industrial sectors and data centres.
According to a notice from the National Development and Reform Commission on Friday, the new renewable portfolio standards (RPS) apply to the steel, cement, and polysilicon industries, as well as newly built data centres in national hub regions. These sectors must now meet specific renewable electricity quotas that vary by province.
For example, new data centres must source at least 80% of their power from renewables, while industrial targets range from 10.8% in mountainous Chongqing to 70% in hydropower-rich Yunnan. Wind and solar-heavy regions like Inner Mongolia, Gansu, and Qinghai face non-hydro renewable targets of up to 30%.
These standards are linked to China’s new contract-for-difference mechanism, which supports renewable energy pricing by compensating generators when market rates fall below a set benchmark. Targets for 2026 were also released as part of the plan; the targets typically rise a few percentage points each year.
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.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
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.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
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