Economy & Politics
Azerbaijan-Armenia Peace Negotiations Must Resume, Russia Says
In light of the escalation of hostile rhetoric and the increase in the number of incidents in Nagorno-Karabakh, Russia reiterates the need for resumption of negotiations on all tracks of...
Energy Crisis Does Not Impede Record Growth in Renewables
Despite the global uncertainties, the renewable energy continued to grow at record levels in 2022, confirming the downward trend of fossil-fueled power generation, the International Renewable Energy Agency (IRENA) shows...
Ningxia Baofeng Energy Group Builds Alkene Project in Inner Mongolia
Ningxia Baofeng Energy Group Co., Ltd. announced on Wednesday that it has begun the construction on the world's first large-scale project to produce alkene - or olefin - using green...
Moldova to Modernize Electricity Distribution Grid with $30 Mill EIB Loan
A four-year programme of investment in the Moldovan electricity distribution sector will get the European Investment Bank’s (EIB) financial support through a loan worth $30 million. Implemented by Moldova’s largest...
Ukraine Reaches Agreement with IMF for $15.6 Billion Program
In its efforts to offer Ukraine the funds it needs as it continues to defend against Russia’s invasion, the International Monetary Fund (IMF) reached on Tuesday a staff-level agreement with...
Asian Development Bank Helps Kazakhstan in Reaching Carbon Neutrality
Back in 2022, Kazakhstan has set an ambitious goal to reach carbon neutrality by 2060, counting on its abundance of sun and wind in its green energy transition. During the...