Shipping industry braces for chaos as US-China trade tensions escalate
As the massive pink-hulled container ship ONE Modern pulls into the Port of Hong Kong, its crew rushes to offload more than 700 containers within a tight 10-hour window.
President Donald Trump signed four executive orders directing the Department of Energy to ease regulations and accelerate the construction of nuclear reactors.
President Donald Trump issued four executive orders on Friday that aim to transform nuclear energy development in the United States by speeding up regulatory processes and expanding reactor construction.
The orders require the Nuclear Regulatory Commission (NRC) to approve nuclear reactor licenses within 18 months, significantly shortening a process that previously took several years. They also authorize the Energy and Defense departments to build new nuclear reactors on federal land, intended to support defense operations and power artificial intelligence (AI) data centers.
An unnamed administration official told CNBC that the orders will enable safe and reliable nuclear energy to power critical defense facilities and AI infrastructure.
Michael Kratsios, director of the White House Office of Science and Technology Policy, called the actions historic, saying they will help secure America’s energy dominance and deliver affordable, reliable, safe, and secure power to the public.
Kratsios added that President Trump is signaling a renewed commitment to nuclear energy, which could mark the start of an American nuclear renaissance.
The most recent reactors built at Plant Vogtle in Georgia took seven years longer than planned and cost $18 billion more than expected due to regulatory delays.
The fast-growing computer technology sector is expected to benefit most from new nuclear plants, as AI data centers require large amounts of energy in a competitive industry.
This policy marks a shift from previous U.S. caution toward nuclear energy, which was influenced by historic environmental concerns such as the 1979 Three Mile Island nuclear accident in Pennsylvania.
One of the executive orders also calls for increased domestic mining and enrichment of uranium to reduce reliance on foreign sources and support nuclear power generation.
The Trump administration has emphasized that nuclear energy is vital for powering next-generation technologies, maintaining global industrial and digital leadership, achieving energy independence, and enhancing national security.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
Iran's foreign minister is expected in Istanbul on Saturday for a key Organisation of Islamic Cooperation (OIC) council meeting as regional tensions rise over Israel's strikes on Iranian nuclear sites.
The World Bank has approved a $640 million loan to Bangladesh to help improve gas supply security and reduce dangerous air pollution in urban areas.
Kremlin spokesman Dmitry Peskov said Thursday that Ukraine “will have to understand and accept” the post-war realities, as Moscow signals openness to a third round of peace negotiations with Kyiv.
More than 2 million Syrian refugees and internally displaced persons have returned to their homes since December, according to the UN refugee agency, which emphasized the urgent need for a political resolution to prevent renewed instability.
As the massive pink-hulled container ship ONE Modern pulls into the Port of Hong Kong, its crew rushes to offload more than 700 containers within a tight 10-hour window.
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