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."
Iran's Supreme Leader Ayatollah Ali Khamenei on Wednesday rejected holding negotiations with the United States over a nuclear deal, as a letter was delivered from U.S. President Donald Trump calling for such talks.
Egypt expressed its approval of U.S. President Donald Trump’s recent remarks stating that no Palestinians would be expelled from the Gaza Strip.
As the United Nations marks its 80th anniversary, it seeks efficiency improvements and budget cuts amid ongoing financial constraints.
U.S. President Donald Trump said on Tuesday he will buy a new Tesla car to show support for the electric carmaker's chief and his ally Elon Musk amid recent "Tesla Takedown" protests and the slump in the company's stock price.
US and Ukrainian officials have begun talks in Jeddah, Saudi Arabia, to explore the possibility of a peace deal with Russia, with Ukraine proposing a partial ceasefire to regain US support.
Frederic Arnault, one of the five children of LVMH, opens new tab chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, the world's biggest luxury group said in a statement.
The United States of America on Friday gave marching orders to the South African Ambassador Ebrahim Rasool declaring him ‘persona non grata’ - the latin phrase for “unwelcome person”.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
The United States of America on Friday gave marching orders to the South African Ambassador Ebrahim Rasool declaring him ‘persona non grata’ - the latin phrase for “unwelcome person”.
UK Prime Minister Keir Starmer will host a virtual meeting with around 25 world leaders today as part of the Coalition of the Willing, reinforcing efforts to secure a just and lasting peace for Ukraine.
Frederic Arnault, one of the five children of LVMH, opens new tab chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, the world's biggest luxury group said in a statement.
The United States of America on Friday gave marching orders to the South African Ambassador Ebrahim Rasool declaring him ‘persona non grata’ - the latin phrase for “unwelcome person”.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment