ADB predicts accelerated growth for Central Asia, Caucasus economies
The Asian Development Bank (ADB) has revised its outlook for the economies of Central Asia and the Caucasus by raising its growth forecast for 2026...
Germany's opposition leader Friedrich Merz vows to build 50 gas-fired power plants to tackle energy challenges if elected chancellor, citing wind power shortfalls and nuclear plant closures.
Opposition leader Friedrich Merz, who is tipped to be Germany's next chancellor, has vowed to build 50 gas-fired power plants if his conservatives win the Feb. 23 snap election, the t-online news outlet reported on Sunday.
"We need to build 50 gas-fired power plants in Germany as quickly as possible, which will be connected to the grid immediately," Merz, who heads the CDU/CSU conservative bloc, told t-online in an interview.
Gas-fired electricity production in Germany jumped by a record 79% in November from the month before as utilities scrambled to offset a second straight month of sharply below-normal output from wind farms.
Wind power output was 25% below year-prior levels in October and November due to slow wind speeds, depriving power firms of a key electricity source just as winter set in. Wind farms supplied 27% of German utility electricity in 2023.
Merz, the head of Germany's CDU/CSU conservative bloc, is in line to succeed Social Democratic Chancellor Olaf Scholz, whose fractious coalition with the Greens and the pro-business Free Democrats collapsed in November over contradictory plans to revive the nation's ailing economy.
He told t-online it had been a "serious strategic mistake" by Scholz's government to "shut down the last three nuclear power plants that guaranteed reliable power generation in the middle of the energy crisis."
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
Ukraine "deeply appreciates" the humanitarian support of Pope Leo XIV. This was stated by Ukrainian President Volodymyr Zelenskyy after a meeting between the two at the papal residence of Castel Gandolfo, on Tuesday, 9 December.
Ukraine has handed the United States a revised 20-point peace proposal aimed at ending the war with Russia, a Ukrainian official said on Thursday, 11 December.
Putin’s visit to India has put the spotlight on New Delhi’s evolving defence strategy as it seeks to modernise Russian-made systems with domestic production. At the same time, India is carefully navigating its ties with the U.S. and Europe ahead of key diplomatic visits.
Former French President Nicolas Sarkozy has released his book, "Diary of a Prisoner" ("Le Journal d’un Prisonnier"), on his time in jail following his conviction. .
U.S. President Donald Trump has formally launched a scheme offering fast-tracked U.S. visas to foreigners who can pay at least $1 million — or companies willing to spend $2 million to sponsor a worker they want to bring into the country.
The U.S. House of Representatives on Wednesday advanced the National Defense Authorization Act, the NDAA, for the next fiscal year, with broad bipartisan support.
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