CNN — A legal fight in Norway over snow crabs could end up having big implications for access to oil in the Arctic. This week Norway’s Supreme Court is hearing a case about whether Latvian trawlers are able to catch snow crab – a cold water species whose leg meat is popular in countries including […]
Seoul CNN — They have them, so we need them. That is the fundamental argument for South Koreans who want their country to develop its own nuclear weapons. It’s about the need to protect themselves from an aggressive northern neighbor that is already a nuclear power in all but name and whose leader Kim Jong […]
Hong Kong/Seoul CNN — South Korea’s leader is capping off a whirlwind week, after securing tens of billions of dollars in investment from the Middle East and vowing to have his country play a more important role in revitalizing international supply chains. On Monday, South Korean President Yoon Suk Yeol announced that the United Arab […]
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi CNN — Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. The Arab world’s most populous nation is suffering […]
London CNN — Grain is once again leaving Ukrainian ports. The price of fertilizer is falling sharply. Billions of dollars in aid has been mobilized. Yet the world is still in the grips of the worst food crisis in modern history, as Russia’s war in Ukraine shakes global agricultural systems already grappling with the effects […]
CNN — In rare good news for the planet, Earth’s ozone layer is on track to recover completely within decades, as ozone-depleting chemicals are phased out across the world, according to a new United Nations-backed assessment. The ozone layer protects the planet from harmful ultraviolet rays. But since the late 1980s, scientists have sounded the […]
London CNN — Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power producer RWE (RWEOY) and Norwegian state-owned energy firm Equinor on Thursday announced plans to build hydrogen-fueled power plants in Germany over the next few years, as well as a major pipeline between […]
London CNN — The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under control. Their campaign to manage prices may be working — but potentially at a sizable cost in 2023. “It is likely that […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — This hasn’t been a good year for the equities market. The S&P 500 is […]
London CNN Business — Europe has agreed to a cap on natural gas prices, following months of debate over whether the measure will protect European households and businesses from extreme price spikes as temperatures plummet. In a Monday meeting, EU energy ministers agreed to trigger a cap on the price of month-ahead natural gas futures […]