Author: Euronews

Wind will only get us partway to our objective. Time is running out: ocean-based wind, solar, tidal, and carbon storage will all have to be on the table if we hope to meet our goal, Greek Minister of Environment and Energy Theodoros Skylakakis writes. Source link

This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic outlook. Additionally, the US will release its March inflation data, steering the global market’s sentiment. ADVERTISEMENTThe European stock markets saw a decline for the week following a five-month gain, potentially due to profit-taking amid uncertainty surrounding central bank policies. With crude oil prices climbing to a six-month high amid the ongoing Middle East tension, global inflation may face a risk of re-elevating, which could defer central banks’ decisions on rate cuts.This week, the upcoming ECB…

Judgment comes amid calls to use oligarchs’ seized assets to fund Ukraine’s war effort. ADVERTISEMENTTwo Russian businessmen have won a court case challenging an EU decision to sanction them over their alleged role in Russia’s war against Ukraine.The EU General Court said a lack of evidence justified Mikhail Fridman and Petr Aven’s removal from the list of persons subject to restrictive measures between February 2022 and March 2023.Fridman founded Alfa Group and is ranked as one of Russia’s wealthiest tycoons. The group’s Alfa Bank, Russia’s largest nonstate bank, was sanctioned by the EU in March 2022, and Fridman left the board…

Nikolas Badminton’s work is the antithesis of mindfulness. He is a futurist and “hope engineer,” renowned for delivering talks globally and mentoring high-level executives and government officials for over three decades. Source link

More than 100,000 people have fled their homes in Russia and neighbouring Kazakhstan. ADVERTISEMENTKremlin spokesperson Dmitry Peskov has called the situation in Russia and Kazakhstan “very, very tense” as fast-melting snow and ice swell rivers in Russia’s southern Urals and northern Kazakhstan.Both countries have declared a state of emergency after battling the rising rivers for over five days.Kazakhstan has evacuated 96,272 people since the start of the floods. Russia itself has evacuated more than 7,000, mostly from the Orenburg region.The floods in Orenburg began with the collapse of a dam on Saturday. Although President Vladimir Putin is frequently shown on Russian…

Aircraft deliveries from Boeing fall to their lowest level since mid-2021 while Airbus records a quarterly jump for the same period. Source link

The European Parliament has narrowly approved the wide-reaching reform of the European Union’s migration and asylum policy. Source link

A recent deepfake video call with what was thought to be a CFO of a company cost €23 million to an undisclosed firm in Hong Kong. ADVERTISEMENTDeepfake fraudulent identity verification attempts have surged by 3,000% over the past year, pointing to an emerging threat as new ways of financial scams emerge.Using false or stolen identity is the number one way of fraudulently getting into a bank account, and victims across the globe are being deprived of billions of their own hard-earned cash.Now, scammers are fooling people using the new technology of generative artificial intelligence (AI) tools that can imitate people’s…

The European Union should suspend its trade and institutional ties with Israel to deter war crimes that amount to genocide in the Gaza Strip, the UN’s special rapporteur on Palestine has said. Source link

A UK energy company is bringing two offshore fields onstream to produce 500 million barrels of oil. Source link