Energy ministers from the G7 nations have reached a landmark agreement to end the use of coal in power generation by the year 2035. The decision was made during their recent meeting in Turin, Italy, […]
“We recognise restricting Russian energy revenues is an essential part of our support to Ukraine and are pursuing to end significant dependency on and to work on transitioning away from imports of Russian gas as […]
The world’s biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars, despite their commitments on the climate. The G20 group of developed and […]
The group will account for 40% of global GDP within four years, the head of the New Development Bank has said The BRICS member states will overtake the G7 in terms of share in […]
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 […]
The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies grew faster than […]
The European Union is reportedly unlikely to agree to a proposal to ban natural gas imports from Russian pipelines in the future. The Financial Times reported earlier this week that the G7 and EU were […]
Tokyo, Japan – The G7 countries all agree on the threat of China’s economic coercion. But reaching a consensus on concrete action to counter Beijing promises to be a challenge for the club of wealthy […]
TOKYO, May 17 (Reuters) – Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open […]
Italy’s firebrand conservative prime minister Giorgia Meloni is not playing ball with China, throwing a wrench into President Xi Jinping’s efforts to peel a handful of European Union countries away from US policy. Bloomberg days […]
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