CNN — Nations are still way off track to limit global warming below a dangerous threshold as catastrophic extreme weather events are already threatening the health and food security of people around the world, a pair of reports have found. The United Nations reported Wednesday that global warming will rise to between 2.1 and 2.9 […]
New York CNN Business — Presidents don’t have magic wands to make inflation disappear. But they do have a powerful tool that can help ease the pain of high gas prices: The Strategic Petroleum Reserve. More than any of his predecessors, President Joe Biden has aggressively leaned on this emergency oil stockpile to knock down […]
Hong Kong CNN Business — Europe’s gas crisis will be “a catalyst” for Mercedes-Benz to push deeper into clean energy, says its CEO. In an interview Sunday, Ola Källenius told CNN Business that the automaker had been leaning more toward wind energy for its operations due to the long-running power crunch, which has weighed on […]
London CNN — Wind and solar power have made up a record 24% of the European Union’s electricity mix since Russia launched its war on Ukraine, a new report says, a boost that has also helped the bloc battle soaring inflation. The growth in renewable power capacity has saved the 27-nation bloc €99 billion ($97 […]
Paris CNN Business — French President Emmanuel Macron called a crisis meeting with senior ministers on Monday to address crippling strikes at gas refineries that has caused fuel pumps to run dry. Macron declared Monday his desire for a solution “as quickly as possible” to the protests, promising to “do his utmost” to find one, […]
CNN — A young woman stands on her balcony, crying out in desperation after her building was ordered into lockdown. Fighting back tears, she shouts abuse at the hazmat-suited workers below in a video that has recently gone viral on social media platform Weibo and which appears to encapsulate the Chinese public’s growing frustration with […]
CNN — The world’s wildlife populations plummeted by an average of 69% between 1970 and 2018, a dangerous decline resulting from climate change and other human activity, the World Wide Fund for Nature (WWF) warned in a report Thursday. WWF tracked global changes in the abundance of wildlife across land, air and water of nearly […]
Washington CNN — The Iran nuclear deal is “not our focus right now,” US State Department spokesperson Ned Price said Wednesday, noting the administration was instead focusing on supporting the protesters in Iran as efforts to restore the nuclear deal have hit yet another impasse. “The Iranians have made very clear that this is not […]
CNN — Saudi Minister of State for Foreign Affairs Adel al-Jubeir said his country partnered with Russia to slash oil production in order to stabilize markets and denied that there were political motives behind the decision, which has enraged US leaders and sparked calls to rethink ties with Riyadh. “We’re trying to make sure we […]
London CNN Business — The French government has ordered staff at an ExxonMobil refinery to return to work, taking the extraordinary measure after a weeks-long strike led to fuel shortages, with drivers lining up for miles to refill their tanks. The energy ministry said in a statement on Wednesday that it was requisitioning staff essential […]