EU targets 90% emissions cut by 2040 with carbon credit option
The EU plans to cut emissions by 90% by 2040 and, for the first time, allow limited use of foreign carbon credits to meet the target....
U.S. President Donald Trump announced Tuesday that Israel has accepted the key terms of a proposed 60-day ceasefire in Gaza, as part of renewed efforts to end the war.
In a post on his Truth Social platform, the U.S. president said his representatives held a “long and productive meeting” with Israeli officials and that the final proposal will now be delivered by Qatari and Egyptian mediators.
“Israel has agreed to the necessary conditions to finalise the 60-day ceasefire, during which time we will work with all parties to end the war,” Trump wrote.
He urged Hamas to accept the terms, warning: “It will not get better — it will only get worse.”
Trump thanked Qatar and Egypt for their role in the talks and said the United States remains focused on securing a long-term solution to the conflict.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
A powerful storm system battered Sydney for a second straight day, grounding flights, cutting power to over 35,000 homes, and causing widespread disruption across Australia’s southeast.
Qantas Airways said a cyberattack compromised the personal details of around six million customers, marking one of Australia's most significant data breaches in recent years.
Prices for goods made in China and sold on Amazon.com are rising at a pace faster than overall inflation, signalling the growing impact of U.S. tariffs on consumers, a new analysis by retail analytics firm DataWeave reveals.
The United States announced the launch of a critical minerals initiative with Australia, India and Japan on Tuesday as part of efforts to counter China, although ties between the partners have been strained by trade frictions and other disagreements.
A U.S. federal judge on Tuesday rejected Huawei Technologies Co Ltd's request to dismiss the majority of charges in a sweeping indictment, allowing the Chinese telecoms giant to face trial over allegations of trade secret theft, bank fraud, and sanctions violations.
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