Fuel prices and economic choices
We are living in interesting times, things changing so fast. Change is the basic fact of life. Those who embrace it, win the battles of life. Those who avoid it,…
Soaring prices fuel anti-ECB sentiment in Germany
As inflation soars to its highest level in three decades in Germany, Simon and Lena Wendland, parents of newborn twins, say that their lives have become more uncertain. Their power…
Tariffs could lift Boeing and Airbus plane prices even higher
Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are poised to climb further as Boeing and Airbus are buffeted by trade tariffs. “Compared with…
BP to ditch renewables goals and return focus to fossil fuels
BP’s chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to…
European banks’ record takings fuel M&A talk as pressures on industry persist
For years, pressure on European banks and asset managers to bulk up to better compete with US rivals has been mounting. This year may mark a turning point as more…
How big fossil-fuel-producing countries export emissions abroad
Black dust coats streets and collects on rooftops in the neighbourhood adjoining a sprawling cement factory in the Egyptian city of Alexandria. Activists and local residents accuse the plant operated…
Food and fuel
THERE is an inherent bond between fuel prices and agricultural production: higher oil prices lower the affordability of energy in agricultural production and supply, which, in turn, increases the price…
Rising energy prices: adverse impact on masses
In Pakistan, 64 percent of total energy demand is met by fossil fuels, while hydropower’s and renewables’ share remained at 27 percent and 9 percent, respectively, in 2022-23. The fossil…
As El Nino bites, Indonesians struggle with record-high rice prices
It was still pitch-black outside when Indonesian housewife Sutinah made her way to a local police station early one morning last month, hoping to avoid queues and take advantage of…
Europe-bound diesel, jet fuel cargoes divert from Red Sea
At least four tankers transporting diesel and jet fuel from the Middle East and India to Europe are taking the longer route around Africa to avoid the Red Sea, ship…
