Latest News

Boeing Starliner crew aboard ISS after challenging docking
Boeing Starliner crew aboard ISS after challenging docking
Economy
by  AFP

A Boeing Starliner capsule carrying its first ever astronauts docked with the International Space Station on Thursday after overcoming unexpected challenges arising from thruster malfunctions and helium leaks. - Leaks and thruster problems - Prior to launch, it was known that there was one helium leak affecting Starliner.

US trade gap widens to largest in 18 months
US trade gap widens to largest in 18 months
Economy
by  AFP

The US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday. This was the largest deficit since October 2022, according to official data.

Russian central bank chief calls for 'open economy'
Russian central bank chief calls for 'open economy'
Economy
by  AFP

Russia's central bank chief called Thursday for Russia to be an "open economy" despite the barrage of Western sanctions and trading restrictions it has been hit with over its Ukraine offensive. At a panel discussion on Thursday, Nabiullina said Russia must prioritise "ensuring the openness of our economy."

Swiss renewable energy battle moves to the ballots
Swiss renewable energy battle moves to the ballots
Economy
by  AFP

Switzerland's largest wind farm, sitting astride the ridge of the Jura mountains by the French border, consists of only 16 turbines -- tiny compared to those of other European countries. Switzerland's largest party, the hard right Swiss People's Party (SVP), has also backed the vote, warning that implementing the law could threaten Swiss energy security.

Solar investment outstrips all other power forms: IEA
Solar investment outstrips all other power forms: IEA
Economy
by  AFP

More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world's top energy research body said Thursday. Combined investment in renewables and nuclear for electricity generation is now set to reach 10 times the amount going to fossil-fuel power, led by solar, with China investing the biggest share.

Chile's lithium dreams raise water concerns in the desert
Chile's lithium dreams raise water concerns in the desert
Economy
by  AFP

As night falls in Chile's Atacama desert, the world's driest, a drilling machine extracts brine to measure levels of lithium -- a crucial mineral for the global switch to cleaner energy, but harmful in its own way. Chile is seeking to retake its position as the world's top lithium producer, but environmentalists fear extraction in the Atacama desert will harm fragile ecosystems there.