How the shipping sector could save on energy costs
Maritime shipping is the backbone of international trade and an integral part of global supply chains. The sector is also...
World Economy
Growth in global energy demand surged in 2024 to almost twice its recent average
Orisemeke Benjamin Global energy demand grew at a faster-than-average pace in 2024 as the consumption of electricity rose around the...
Oil prices rise as geopolitical tension intensifies
Agency report Oil prices increased on yesterday in the global commodity market as geopolitical tensions escalated. Brent crude rose by...
African nations tasked on global shipping decarbonization policies
Omeiza Bilal The Minister Marine and Blue Economy Gboyega Oyetola has urged African nations to take an active role in...
Germany’s Greens threaten to torpedo massive debt spending deal
A massive plan to loosen Germany’s debt rules and spent hundreds of billions on defence and infrastructure running into potentially...
Oil prices drop on higher U.S inventories, OPEC supply
Agency Report Oil prices come under pressures on Tuesday on expected increase in U.S. inventories, and the Organisation of Petroleum...
Trump plans 25% tariffs on steel, aluminum imports
U.S. President Donald Trump plans to impose tariffs of 25 per cent on steel and aluminum imports into the United...
UK announces £100m to address climate crisis, boost growth
Efforts to address the climate crisis and boost growth in the Global South and at home will be enhanced under...
Extreme weather kept nearly 250m kids out of school in 2024 – UNICEF
Extreme weather caused significant disruptions to education worldwide in 2024, with around 242 million students in 85 countries missing lessons...
As one cycle ends, another begins amid growing divergence
By Pierre-Olivier Gourinchas We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with...
