President-elect Donald Trump is expected to invoke emergency powers upon taking office to accelerate U.S. energy production, including reversing key Biden-era restrictions on oil and gas drilling. The move aims to boost energy output and challenge climate-related regulations.
As President-elect Donald Trump prepares to return to the White House on Monday, he is expected to quickly activate emergency powers aimed at boosting U.S. energy production, according to multiple U.S. media outlets citing sources close to Trump.
Reports suggest that Trump plans to declare a national energy emergency immediately after his inauguration, which would include reversing the federal land and offshore oil and gas drilling bans imposed by President Biden.
In early January, Biden implemented a permanent ban on new offshore oil and gas exploration in certain U.S. coastal waters.
The incoming administration is also expected to challenge several Biden-era climate regulations, although sources have not disclosed specific details. Additionally, Trump may revise policies related to electric vehicles (EVs), potentially cutting funding for transition technologies, including subsidies for EVs.
During his campaign in late October, Trump promised to use "emergency powers to allow countries, entrepreneurs, and wealthy individuals to build large-scale plants, including AI plants," emphasizing the need for "double the energy we already have."
President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.
Russia and the US have initiated talks on joint rare earth metals projects, with some companies already showing interest, according to Kremlin envoy Kirill Dmitriev. This cooperation comes amid U.S. President Trump's efforts to end the Ukraine war and follows Putin's proposal for joint exploration.
Trump threatens to impose secondary tariffs on Russian oil if Moscow obstructs efforts to end the war in Ukraine, expressing frustration over Putin's comments on Zelenskiy’s leadership.
Japan vows to take decisive action as the U.S. imposes a 25% tariff on automobile imports. With autos making up 28.3% of Japan’s exports to the U.S., the move could hit its economy hard. Prime Minister Shigeru Ishiba says Tokyo is considering "all options" in response.
U.S. President Trump has stripped several former officials, including Joe Biden and Kamala Harris, of their access to classified information.
UK set to host 2035 Women’s World Cup as FIFA confirms sole bid. The joint bid from England, Scotland, Wales & NI stands uncontested, marking a major milestone for women’s football. Final approval pending, but preparations for a historic event are underway.
The first-ever summit between the European Union (EU) and the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan - began today in Samarkand, Uzbekistan.
Severe storms across the southern and Midwestern US have caused "generational" flooding and tornadoes, leaving over 400,000 without power. With up to 15 inches of rain expected and more tornadoes, officials warn of catastrophic damage and life-threatening conditions.
Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes.
During a high-level meeting, officials from Kyrgyzstan and Russia emphasized the growing economic partnership between the two nations, highlighting a 14.5% increase in mutual trade and reaffirming their commitment to further expansion.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
UK set to host 2035 Women’s World Cup as FIFA confirms sole bid. The joint bid from England, Scotland, Wales & NI stands uncontested, marking a major milestone for women’s football. Final approval pending, but preparations for a historic event are underway.
Severe storms across the southern and Midwestern US have caused "generational" flooding and tornadoes, leaving over 400,000 without power. With up to 15 inches of rain expected and more tornadoes, officials warn of catastrophic damage and life-threatening conditions.
Seven migrants, including a child, died when their boat sank off Lesbos. 23 survivors were rescued, but the search continues. Greece remains a crucial entry point for migrants, underscoring the perilous sea journey many undertake in search of safety and a new life.
The Hungarian government has decided to withdraw from the International Criminal Court (ICC), marking a significant shift in the country's international stance.
Belgium has warned that newly announced U.S. import tariffs could weaken its economic growth, even as Washington presses allies to ramp up defence spending.
UK set to host 2035 Women’s World Cup as FIFA confirms sole bid. The joint bid from England, Scotland, Wales & NI stands uncontested, marking a major milestone for women’s football. Final approval pending, but preparations for a historic event are underway.
The first-ever summit between the European Union (EU) and the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan - began today in Samarkand, Uzbekistan.
Severe storms across the southern and Midwestern US have caused "generational" flooding and tornadoes, leaving over 400,000 without power. With up to 15 inches of rain expected and more tornadoes, officials warn of catastrophic damage and life-threatening conditions.
Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes.
During a high-level meeting, officials from Kyrgyzstan and Russia emphasized the growing economic partnership between the two nations, highlighting a 14.5% increase in mutual trade and reaffirming their commitment to further expansion.
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