Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Politics

Sat, Jun 10, 2023 10:44 AM All times are UTC

Follow Series

©PUBLISH holdings LLC . All Rights Reserved.

House approval of debt ceiling deal a triumph of the political center

Jun 03, 2023 03:31 am UTC| Politics

Talking with a friend about the debt ceiling negotiations, I mentioned that there were incentives for centrists in Congress to cobble together a deal. My friend said, incredulously, Do we actually have centrists in...

Moscow drone attacks are a morale booster for Ukraine and a warning for Russia – here's why

Jun 03, 2023 03:28 am UTC| Politics

A wave of approximately 30 drones appeared in skies around the Russian capital, Moscow, on May 30. Though widely sensationalised as a major attack against the heart of the Russian government, they caused only minor damage,...

China in Africa: Kenya railway study shows investment projects aren’t a one-way street

Jun 01, 2023 11:44 am UTC| Politics

China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a...

Global Geopolitics Series

NATO must tread carefully in Southeast Asia, where painful memories of colonialism remain

Jun 01, 2023 11:44 am UTC| Politics

NATOs incursion into the Indo-Pacific region is a move that will exacerbate regional conflicts and tensions. Thats because NATO cannot be separated from the history of European colonialism and imperialism that shaped...

South Africa has changed its electoral law, but a much more serious overhaul is needed

Jun 01, 2023 11:40 am UTC| Politics Law

South African president Cyril Ramaphosa recently signed into law a change to the countrys electoral act to allow individuals to contest national and provincial elections independently of political parties. The change...

Global Geopolitics Series

Amid fears of Chinese influence, the Committee on Foreign Investment in the United States has grown more powerful

Jun 01, 2023 11:37 am UTC| Politics

A Chinese private equity firm, Primavera Capital Group, acquired the well-known test preparation company Princeton Review and an online learning platform, Tutor.com, in May 2023. The move, like other Chinese investments...

Spanish elections: why devastating local losses to the right have forced socialist prime minister Pedro Sánchez to call an early national vote

Jun 01, 2023 11:35 am UTC| Politics

The local and regional elections that took place the 28th May have shaken up the political chessboard in Spain. The right-wing Partido Popular took the largest proportion of votes and now has the largest number of seats in...

1 2 3 4 5 6 7 8 9 10

Economy

Tata Power Renewable Energy to Build India's Massive 966-MW Hybrid Green Energy Project for Tata Steel's Net-Zero Ambition

Tata Power Renewable Energy Ltd. (TPREL) is set to develop a landmark 966-MW hybrid renewable power project for Tata Steel, marking one of Indias most extensive industrial round-the-clock power purchase agreements. The...

Starbucks Debuts 'Picco' 6oz Beverage and Indian-Inspired Menu to Woo Smaller Towns in India

Starbucks India aims to cater to the value-conscious Indian market by launching Picco, a smaller and more affordable 6oz drink, alongside local-inspired teas and milkshakes, to rival burgeoning domestic...

PepsiCo Unveils Pepsi Zero Mint, Yakisoba's Perfect Companion in Japan

PepsiCos innovation continues in Japan with a bold new flavor, the Pepsi Zero Mint, designed specifically to pair with Yakisoba, a popular stir-fried noodle dish. After success with the karaage-themed variant, this minty...

PepsiCo Launches Eco-Friendly, High-Tech Facility in Poland; Aims for Zero Net Emissions by 2035

PepsiCo has inaugurated a 222.6 million state-of-the-art facility in Swiatem, Poland, touted as the beverage giants most environmentally sustainable and innovative plant in the European Union. The facility showcases...

Amazon Pay Expands With Buy Now, Pay Later Feature via Affirm Partnership in US

Amazon Pay, Amazons online payment service, has now incorporated a Buy Now, Pay Later (BNPL) feature in the US through a strategic partnership with fintech giant, Affirm. The BNPL feature offers more flexible payment...

Politics

UK: UN Rights Chief Expresses Concerns Over Migration Bill

The United Nations human rights chief has expressed his concerns to the British government about its legislation to combat illegal migration. The human rights chief cited concerns that it would bar people from seeking...

Russia-Ukraine War: NATO to Narrow Divisions Over Ukraine's Membership Bid in Oslo Meeting

The foreign ministers of the NATO countries are looking to narrow down the divisions surrounding Ukraines bid to join the alliance in the upcoming meeting in Oslo this week. This comes as Ukraines allies are also at odds...

EU Parliament to Question Hungary's Ability to Hold EU Presidency Over Record on Rule of Law

The European Parliament is set to question Hungarys ability to hold the European Unions rotating presidency next year. The EU parliament cited Hungarys record on the rule of law. A draft parliamentary resolution by the...

Iran: IAEA Resolves Nuclear Issues Related to Sites With Uranium Particles

The International Atomic Energy Agency has reportedly resolved the nuclear issues with Iran related to a site where uranium particles were found. The issue comes as talks to restore the 2015 nuclear deal with Tehran remain...

UK: Ministers Given More Time to Turn in Messages From Boris Johnson to Public COVID Inquiry

British ministers were given more time to turn in messages from former Prime Minister Boris Johnson as part of the public inquiry into the governments response to the COVID-19 pandemic. The extra time comes amid a...

Science

Drilling down on treatment-resistant fungi with molecular machines

`Fungi are present on the skin of around 70% of the population, without causing harm or benefit. Some fungal infections, like athletes foot, are minor. Others, like Candida albicans, can be deadly especially for...

Astronomers detected two major targets with a single telescope – a mysterious signal and its source galaxy

Astronomers have been working to better understand the galactic environments of fast radio bursts (FRBs) intense, momentary bursts of energy occurring in mere milliseconds and with unknown cosmic origins. Now, a study...

Biodegradable plastic in clothing doesn't break down nearly as quickly as hoped – new research

Plastic pollution has emerged as one of the most pressing environmental challenges of our time. Over 100 million tonnes of plastic enters the environment each year, with more than 10 million tonnes ending up in our oceans....

Gravitational wave detector LIGO is back online after 3 years of upgrades – how the world's most sensitive yardstick reveals secrets of the universe

After a three-year hiatus, scientists in the U.S. have just turned on detectors capable of measuring gravitational waves - tiny ripples in space itself that travel through the universe. Unlike light waves, gravitational...

Why don't rocks burn?

While many rocks dont burn, some of them do. It depends on what the rocks are made of and thats related to how they were formed. There are three main rock types: igneous, sedimentary and metamorphic. These rocks are...

Technology

KakaoTalk’s ‘Silent Exit’ Option Activated in Chat Rooms by 2 Million Korean Users

KakaoTalk developed and launched the Silent Exit function in its group chat rooms, and within three weeks, it was reported that more than two million users in South Korea have already activated the new...

Samsung to Power Hyundai's Next-Gen Infotainment Systems With Exynos Auto V920 Chips

Samsung Electronics has secured a contract to provide Hyundai Motor with its advanced Exynos Auto V920 chips for next-generation in-car infotainment systems, launching in 2025. This marks the companies first collaboration...

TSMC Eyes Japanese Subsidy for Second Chip Plant Amid Growing Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) enters talks with Japan for subsidized funding of a new Kyushu chip plant to mitigate the short supply of previous-gen chips, even as employee satisfaction issues spark...

SK Signet Targets 30% Global Share with Ultra-Fast EV Chargers, Challenging Tesla's Dominance

South Korean firm SK Signet Inc., a leading manufacturer of electric vehicle chargers, plans to seize up to 30% of the global market by 2025. Its strategy involves the production of ultra-fast chargers, directly...

Samsung Unveils Windows-Powered Smart Kiosk in South Korea: Revolutionizing Retail and Dining Experiences

Samsung Electronics has introduced the Samsung Kiosk, a Windows 10 IoT Enterprise-powered smart ordering solution, garnering accolades at ISE 2023 and bringing seamless self-service to restaurants, pharmacies, and retail...