
G7 leaders favour LNG investment in U-turn due to energy crisis
Investments in liquefied natural gas -- already booming as Europe seeks to cut its energy dependence on Russia -- are set to get another boost, even amid longstanding climate concerns.
Investments in liquefied natural gas -- already booming as Europe seeks to cut its energy dependence on Russia -- are set to get another boost, even amid longstanding climate concerns.
Russia defaulted on its external sovereign bonds for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors.
Leonardo Del Vecchio, the Italian entrepreneur who started with a tiny optics workshop in the Dolomite mountains and ended up as the undisputed world leader in eyewear, has died. He was 87.
Investments into renewable power are set to make up the bulk of spending on energy this year, but still won’t be enough for the world to achieve net-zero carbon emissions over the next three decades, according to the IEA
Finance Minister Chrystia Freeland and U.S. Treasury Secretary Janet Yellen say the two countries are working together to combat rising inflation by ensuring supply chains are more resilient.
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