The United Nations has issued its starkest warning in years: without an immediate influx of unpaid member contributions, the organization risks running out of operating cash within months, potentially forcing the shutdown of its New York headquarters by late summer. Senior UN officials confirmed this week that the institution’s finances
Costa Rica has long defined itself by what it chose not to have. No standing army. No oil drilling. Few countries have so deliberately woven restraint into their national identity. Now, following a decisive election, the country is testing whether that identity can endure a new phase of political power
The race to secure green electrons for Europe’s digital infrastructure moved from contract to concrete reality in Italy this week. Enfinity Global has commenced commercial operations on the first solar asset within its 366 MW portfolio dedicated to Microsoft, marking a critical transition from development pipeline to active energy supply.
A long-delayed wager nears the finish line Tanzania is preparing to conclude one of the largest energy investments ever contemplated in sub-Saharan Africa. A proposed $42 billion liquefied natural gas project, stalled for years by regulatory uncertainty and shifting commercial terms, is again moving toward agreement as the government seeks
A Deal Decades in the Making For nearly two decades, trade negotiators from Europe and India circled one another, meeting, pausing, restarting, and retreating again. On January 27, that long courtship ended. The European Union and India reached a sweeping free trade agreement that leaders on both sides now describe
A quiet but consequential recalibration is underway in Northern Europe. Some of the region’s largest pension funds are reducing or exiting U.S. Treasury holdings, signaling that geopolitical risk and political volatility are now being weighed alongside yield and liquidity in long term portfolio decisions. The moves come amid heightened transatlantic
Myanmar’s first national election since the military seized power in 2021 has concluded with a decisive claimed victory for the military-aligned Union Solidarity and Development Party, a result that has been swiftly rejected by much of the international community as lacking credibility. The vote, conducted in phases from late December
Wellington moves to turn deep science into economic muscle WELLINGTON — In a modest line item with outsized ambition, the New Zealand government has committed NZ $1.35 million to chart a national pathway into quantum and photonic technologies. The goal is not abstract discovery alone, but something more pragmatic and
LIMA — Peru’s president, Dina Boluarte, is facing a mounting political crisis after revelations that she held undisclosed meetings with Chinese businessmen outside the official presidential schedule, triggering a criminal investigation and renewed calls for accountability in a country already defined by institutional instability. The meetings, which took place at
Masdar and UAE partners move to deliver round-the-clock renewable energy for Uzbekistan A major step toward always-on clean electricity is taking shape in Central Asia. Masdar, alongside UAE partners, has signed a new agreement with Uzbekistan Ministry of Energy to explore a gigascale, round-the-clock renewable energy project that could transform
