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HomeInternational News

International News

Electrical Generation / Utilities

New Wind Energy Regulations in Germany Spark Hope for Increased Expansion

August 29, 2023 Mariel Alumit

In a landmark decision, North Rhine-Westphalia (NRW), Germany’s most populous state, has voted to allow wind turbines to be located closer to residential buildings under strict conditions. The state parliament’s recent move to abolish the controversial […]

Electrical Generation / Utilities

Soaring Oil & Gas Prices Made Renewables Cheaper Than Fossil Fuels In 2022

August 29, 2023 Mariel Alumit

The surge in fossil fuel prices last year made renewable energy sources more competitive, with 86% of all new installed renewable capacity exhibiting lower costs in 2022 compared to electricity powered by fossil fuels, the […]

Finance

Manufacturers Leaving China Find a Home With Indian Startups

August 29, 2023 Mariel Alumit

BENGALURU, India— In early 2020, as the pandemic was shutting down global commerce, a Pennsylvania company was having trouble getting its usual steel parts out of China. It stumbled on another possible option—in India. Zetwerk, […]

Energy Crisis

Germany Is Losing Its Mojo. Finding It Again Won’t Be Easy.

August 29, 2023 Mariel Alumit

BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Times changed. Germany didn’t keep up. Now Europe’s biggest economy has to reinvent itself again. But its […]

BRICS

BRICS+6 Vs. G-7: The Quest For Multipolarity

August 29, 2023 Mariel Alumit

The BRICS economic bloc — comprising Brazil, Russia, India, China and South Africa — ended a three-day summit in South Africa on Thursday. It’s not often that a major international conference of national heads of […]

Energy Crisis

Pakistan’s economy and its people close to the ‘Tipping Point’

August 29, 2023 Mariel Alumit

The Tipping Point is a theory, made famous by Malcolm Gladwell in his book of the same name. The idea is that there comes a point after which “an idea, trend, or social behavior crosses […]

Germany
Financial Crisis

Germany’s Ruling Party Proposes A 3 Year Rent Freeze To Halt Inflation

August 29, 2023 Mariel Alumit

Authored by Mike Shedlock via MishTalk.com, Rents are rising at a record pace in Germany. Politicians turn to a price control gambit guaranteed to fail…   Rent Control Evidence Please a September 2019 Stanford Business […]

EU
Climate Crisis

Poland is filing a lawsuit against “authoritarian” EU climate policy

August 29, 2023 Mariel Alumit

The EU Commission is increasingly trying to transform the EU into a centralized federal state and to establish itself as an authoritarian central government. In doing so, they are apparently hanging on the leading strings of […]

Austria
Crude Oil News

Austria Looks To Lower The Windfall Tax Threshold For Its Oil And Gas Industry

August 28, 2023 Mariel Alumit

The Austrian government is looking to lower the threshold for a windfall tax it imposed on oil and gas companies last year. That’s according to a new Bloomberg report, which noted that until now the threshold […]

fuel
Exports

Made in Germany, fuelled in America

August 28, 2023 Mariel Alumit

European gas futures predictably relinquished recent gains as fears of Australian LNG strikes receded after Woodside Energy struck a tentative deal with union bosses (more on this below). But the most interesting EU gas story last […]

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