Category: World
Follow global headlines and understand the forces shaping today’s world stage.
South Korea’s Political Crisis: Opposition Moves to Impeach Acting President Han Duck-soo
South Korea’s opposition moves to impeach acting President Han. Discover the political implications and legal challenges surrounding…
Turkey’s Central Bank Cuts Rates as Inflation Eases, Strengthening Economic Stabilization Efforts
Turkey’s Central Bank surprises with a 250 basis point rate cut amidst easing inflation. Discover the economic implications…
Sinopec Completes $5.7bn Expansion at Zhenhai Refinery, Strengthening Petrochemical Production
Explore Sinopec’s $5.7 billion Zhenhai Refinery expansion. Learn how it boosts petrochemical output and strengthens…
Safran Invests Over €1bn to Expand LEAP Engine MRO Network Amid Growing Demand
Safran invests over €1 billion to expand LEAP engine MRO network. Global expansion addresses rising demand and supply…
Recycled Steel Market Faces Declining Prices and Uncertainty as 2024 Ends
U.S. recycled steel market ends 2024 with price declines. Labor disputes and low material costs threaten future…
China’s Photovoltaic Industry Faces Overcapacity and Financial Losses, IEA Warns
China’s PV industry faces overcapacity. The IEA warns of losses amid global shifts in solar production and the EU’s response.
Vattenfall to Invest €5 Billion in German Renewable Energy by 2028
Vattenfall’s €5 billion investment in Germany’s renewable energy sector. Explore the focus on solar, wind, and EV…
UK Announces Scaled-Back Carbon Border Adjustment Mechanism Focused on Key Sectors
UK refines CBAM, focusing on key high-carbon industries. Learn about the impact on aluminium, iron and steel, and other…
Eurozone Manufacturing Struggles Amid Weak Global Demand
Eurozone and UK manufacturing sectors grapple with a prolonged downturn, impacting global metal demand and prices.
Fitch Ratings Predicts Steel Growth and Challenges in 2025
Fitch Ratings forecasts moderate steel demand growth in North America and Europe for 2025, while India’s market…
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