China has used offers of generous subsidies to amass the world’s largest array of wind and solar power. But there’s a problem: it’s not fully paying them.
Nissan takes on Tesla in China’s electric car market
Nissan has unveiled the first of its new electric vehicles as part of a turnaround strategy for the loss-making company. The Japanese carmaker is hoping its new all-electric sports utility vehicle …
Trump ends Hong Kong trade preferences, backs banking sanctions
US President Donald Trump said Tuesday he was ending trade preferences for Hong Kong and signed into law an act that authorizes sanctions on banks over China’s clampdown in the international finance …
UAE explores cooperation and investment opportunities with Jersey
LONDON, 14th July, 2020 (WAM) — The UAE Embassy in London, in cooperation with the Ministry of Economy, has discussed cooperation and investment opportunities with the Government of Jersey via …
Jordan- PM chairs meeting of Audit Bureau task force
Prime Minister Omar Razzaz chaired part of a meeting of the team tasked with addressing public sector financial and administrative violations listed in Audit Bureau reports, a day after meeting senior …
Kazakhstan extends second national lockdown after ‘unknown pneumonia,’ COVID-19 spike
The country of Kazakhstan will extend its second national lockdown due to a rise of COVID-19 cases and a reported outbreak of an “unknown pneumonia,” Reuters reports. © Assoc …
PMU pitches in as COVID cases surge in Iraq
Iraq’s Popular Mobilization Units, including those of populist cleric Muqtada Al-Sadr, have plugged gaps in Iraq’s response to the COVID-19 pandemic as cases surge and well-known fighters fall ill.
South Korea June Unemployment Rate Inches Down but Virus Risks Persist
The seasonally adjusted unemployment rate slid to 4.3% in June, notches below a decade-high of 4.5% in May when it surged to the highest since January 2010, data from Statistics Korea showed on …
Korea’s Unemployment Rate Unexpectedly Falls Amid Stimulus
South Korea’s jobless rate unexpectedly fell in June, but remained well above levels seen before the pandemic struck, amid government efforts to stimulate the sagging labor market.The unemployment …
PM Imran directs provinces to constitute finance commissions
Federal cabinet defers decisions on KE tariff hike, gas prices–Faraz says Hajj Fund on Malaysian pattern to be set up ISLAMABAD: Prime Minister Imran Khan on Tuesday directed all …