Amid power crisis, Pakistan reverts to coalÂ
Pakistan will not build new gas-powered plants in the coming years, instead opting to quadruple its coal-fired output, Reuters reports.
Zambian chafes at delay in debt restructuring
Zambia’s finance minister, Situmbeko Musokotwane, has criticized delays in the debt restructuring process, the FT reports. The criticism comes
Gang spying scandal highlights Albania’s centrality in EU smuggling routesÂ
Albanian police dismantled over 500 illegal surveillance cameras that were apparently used by gangs to monitor citizens and law enforcement,
Russian consumers put pressure on Western corporate holdouts’ strategies
While many Western companies are devising complicated maneuvers to maintain their operations in Russia and just 8.5% have fully
Paraguay-Taiwan commercial relations deepen as ties come under election pressure
Paraguayan President Abdo Benitez reaffirmed Taiwan’s importance as a partner and emphasized Tapei’s continued healthcare, education, and economic
Eastern European economies battered by high energy costs
The European Bank for Reconstruction and Development (EBRD) has warned that Russia’s attack on Ukraine will slow growth across
Uncertainty weighs on investment flows to frontier and emerging markets
China’s abandonment of its so-called Zero-Covid policy prompted strong inflows into emerging markets, but as renewed questions arise over
Iraq to settle bilateral trade with China in yuan to defend the dinar
Iraq’s central bank announced on Wednesday that it would settle purchases of Chinese imports directly in yuan in order
Iranian rial falls to record low against dollarÂ
Iran’s currency sank to a new low of 500,000 to the dollar on Monday on news that the
Indonesia starts carbon tradingÂ
Indonesia launched a mandatory carbon trading mechanism for coal power plants on Wednesday. The carbon trading program will apply to
Uganda and Tanzania stand by fossil fuel projectsÂ
Uganda is refusing to reconsiderits plans to build an oil pipeline that could disrupt a national park and generate substantial
Hungary’s Orbán moves closer to becoming an independent power in the EU
Hungary’s Prime Minister Viktor Orbán is expanding his grip on the armed forces and defense industry through a wave