Chery and BYD face $53 million repayment after audit questions Chinese green-car subsidies
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government au...
Widespread blackouts lasting more than 20 hours a day are crippling Cuba, as fuel shortages and outdated infrastructure disrupt the country’s energy supply.
Cuba is grappling with an escalating energy crisis, leading to widespread blackouts that often last for more than 20 hours a day, especially in rural areas. Power availability has dropped significantly in recent weeks, with the country's electricity grid struggling to cope due to a severe fuel shortage and the decline of key oil-fired power plants. The state-run Union Electrica reported that the country has been experiencing a capacity deficit, leaving many without power round the clock.
To address the situation, the Cuban government temporarily closed schools for two days and advised non-essential workers to stay home in an attempt to reduce electricity consumption. This comes as the country faces chronic difficulties in maintaining its electrical grid, citing the impact of the U.S. trade embargo, which it claims obstructs the procurement of fuel, spare parts, and equipment for its outdated thermoelectric plants. The national energy crisis has left much of Cuba’s 10 million inhabitants in the dark, with little relief in sight.
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.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
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.
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.
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.
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.
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.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
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