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Three South Asian countries are on the brink of a landmark power trade arrangement that will improve the area's energy landscape.The deal will permit Bangladesh to import hydro-electricity from Nepal through India's grid.Authorities from Bangladesh and Nepal have actually recently completed a deal with India on making use of a high-voltage transmission line,
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Read more: South Asian nations near 'milestone' electrical energy trade deal
Write comment (97 Comments)The global demand for lithium, a crucial component in electric vehicle (EV) batteries, surpasses the available supply, causing concerns among lithium producers.
Delays in mining permits, labor shortages, and inflation impede the production of this sought-after metal needed to meet the ambitious EV targets set by automakers like Stellantis and Ford.
T
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Read more: Global lithium demand outstrips supply, raising concerns for electric vehicle industry
Write comment (90 Comments)Mexico emerges as a leading nearshoring destination, outpacing Asian countries and the United States
Mexico has surpassed low-cost Asian countries and the United States in nearshoring, as highlighted by a recent analysis conducted by U.S. consulting firm Kearney.
The analysis, which compares Asian and Mexican manufacturing imports to U.S. domestic manufacturing output, reveals Mexico’s rising performance.
From 2013 to 2022, Mexico’s score reached 1
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In March, a historical ocean contract was reached by the United Nations, aiming to safeguard areas beyond nationwide jurisdiction.Just two months later, Ecuador made an innovative contract by converting US$ 1 billion of financial obligation into a blue bond. The bond converts US$ 1 billion in debt and will offer US$ 12 million each year for preservation initiatives.
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Read more: Ecuador's blue bond arrangement brings wish for the conservation of the Galapagos Islands
Write comment (99 Comments)(Opinion) Indian Prime Minister Narendra Modi's current visit to the United States is a sign of the complex play between India, China and the United States.As the 2 most populous countries, India and China hold key positions in worldwide affairs.While some in the US express concerns over India's democracy and human rights records, the United States r
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Read more: Viewpoint: India's strategic estimations amidst US-China dynamics
Write comment (93 Comments)Brazil's President Luiz Inácio Lula da Silva expressed doubts about the effectiveness of international organizations in addressing conflicts during a press conference in Paris.
Lula called for a reassessment of the current model used by global institutions, particularly highlighting the World Bank, the International Monetary Fund (IMF), and the
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Read more: Lula questions the role of international organizations in conflicts
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