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...
U.S. President Donald Trump revealed that the U.S. will soon sign a minerals and natural resources deal with Ukraine. He also expressed optimism about potential peace talks between Ukraine and Russia, following recent discussions with both leaders.
On March 20, U.S. President Donald Trump announced that the United States will soon sign a minerals and natural resources deal with Ukraine, marking a significant step in both economic and diplomatic efforts. The agreement is expected to unlock critical minerals and rare earth resources, which are vital for the United States’ future industrial and security needs. The announcement came during a White House event where Trump signed an executive order aimed at increasing U.S. production of these essential minerals.
“We're doing very well with regard to Ukraine and Russia,” Trump said, adding that the deal with Ukraine will unlock valuable rare earth elements that are important to both nations. He expressed hope that the agreement would help Ukraine reciprocate the U.S. assistance it has received since Russia's invasion. Trump also highlighted his discussions with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, stating that he would “love to see that come to an end” and that efforts to secure peace were "going pretty well."
Previously Ukraine and the U.S. were due to finalize a minerals deal last month, with Trump seeing it as a way for Ukraine to reciprocate U.S. assistance. But efforts to seal an agreement faced setbacks after a public display of tensions between Trump and Zelenskyy at The White House.
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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