The Red Sea, a vital waterway for global trade, has become a hotspot of conflict and instability in recent weeks. Yemen-based Houthi rebels have launched...
Inflation fears persist in Israel despite rate cut amid war
The Bank of Israel announced a 25 basis point cut in its benchmark interest rate on Jan. 1, bringing it down to 4.5%. This was...
Inflation Expectations Fall in Canada as Interest Rates Bite
The Bank of Canada’s latest surveys of businesses and consumers show that higher interest rates are having an impact on inflation expectations and economic activity....
China’s economic recovery faces headwinds from deflationary pressures
China, the world’s second-largest economy, is facing a challenging year ahead as it grapples with deflationary pressures amid weak consumer demand and rising debt levels....
Germany faces longest recession since 2000s as 2023 GDP contracts
Germany, Europe’s largest economy, suffered a 0.3% decline in gross domestic product (GDP) in 2023, marking the first year of negative growth since 2020. The...
Tesla Model Y Tops the List of Best-Selling EVs in the US in 2023
The electric vehicle (EV) market in the US witnessed a remarkable growth in 2023, with a record 1.2 million EVs sold, accounting for 7.6% of...
How Sodium Batteries Could Revolutionize the Energy Storage Market
Sodium batteries are emerging as a promising alternative to the conventional lithium-ion batteries that dominate the energy storage market. Sodium batteries offer several advantages over...
BYD faces challenges as rivals catch up in China’s EV market
China’s leading electric vehicle maker, BYD, has seen its share price drop by more than 10% in the past year, as competition intensifies in the...
How China’s Cheap Exports Threaten U.S. Green and Tech Industries
The U.S. government is investing trillions of dollars to boost its domestic manufacturing of clean energy and high-tech products, hoping to create jobs and fight...
No more free ride: EV owners to pay road user charges from April
The New Zealand government has announced that owners of electric vehicles (EVs) and plug-in hybrids (PHEVs) will have to pay road user charges (RUC) from...
Volkswagen Group Leads the EV Revolution with Record Deliveries in 2023
The Volkswagen Group, one of the world’s largest automakers, has announced that it delivered 35 percent more all-electric vehicles to customers in 2023 than in...
Australia’s EV charging network expands rapidly as sales soar
Australia is witnessing a surge in both electric vehicle (EV) sales and charging infrastructure, as more drivers switch to the cleaner and cheaper technology. According...
Tata Punch.EV: A breakthrough in affordable and advanced electric mobility
Tata Motors is gearing up to launch its latest electric vehicle, the Punch.EV, on January 17. The Punch.EV is expected to be the most affordable...
Lucid Motors appoints new European leader to boost its EV presence
Lucid Motors, the California-based electric vehicle (EV) maker, has announced the hiring of a new managing director for Europe. The company hopes to strengthen its...
Omoda E5: A new zero-emission SUV from China arrives in the UK
Omoda, a new automotive brand from China, has announced its launch in the UK with a family SUV that runs on electricity. The Omoda E5...
A new way to create quantum superpositions of large objects
Quantum mechanics is a branch of physics that describes the behavior of very small particles, such as atoms and photons. One of the most fascinating...