Eskom said they’d shut down five old coal plants this year. They blamed the need to switch to renewable energy, even though the coal plants are just getting worn out. Even though some disagreed with Eskom’s explanation, their decision to retire coal plants shows that coal’s reign as the main source of power is weakening.…
Foreign ministers of Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan held consultations on May 29 as part of Central Asia – Italy third ministerial conference in Rome, reported the Kazakh Foreign Ministry’s press service. (L-R) Tajik Foreign Minister Sirojiddin Muhriddin, Kyrgyz Foreign Minister Jeenbek Kulubaev, Kazakh Foreign Minister Murat Nurtleu and Uzbek Foreign Minister Bakhtiyor…
Cashing in on lower global prices, China and India, the world’s top coal consumers, significantly increased their imports of thermal coal shipped by sea in March. This surge reflects their ongoing need to meet high domestic demand for electricity generation. Data from commodity analysts Kpler shows that China, both the world’s largest producer and importer…
Prince Max von Liechtenstein, CEO and chairman of LGT, criticizes a focus on short-term results in business. He argues that prioritizing annual returns over long-term strategy is misguided. The constant availability of real-time data in the digital age fuels short-term thinking in business. This can be seen in everything from stock prices fluctuating by the…
The Kazakh-German Intergovernmental Commission for the Affairs of Ethnic Germans in Kazakhstan convened on May 21 for its 20th-anniversary meeting, aiming to enhance cultural and humanitarian cooperation and discuss the German ethnic group’s affairs, reported the Kazakh Foreign Ministry’s press service. 20th Meeting of Intergovernmental Commission for Ethnic Germans in Kazakhstan. Photo credit: gov.kz According…
Exports of Kazakh agricultural goods to China increased by 84% over the year. This was announced during a May 16 meeting between Kazakh Prime Minister Olzhas Bektenov and Chinese Vice Premier Liu Guozhong, reported the Prime Minister’s press service. Photo credit: primeminister.kz During the same period, agricultural product turnover grew 1.7 times, with an additional…
President Kassym-Jomart Tokayev held bilateral meetings with business leaders during his state visit to Singapore on May 23. Kassym-Jomart Tokayev with Dilhan Pillay. Photo credit: Akorda The first meeting was held with Dilhan Pillay, Executive Director and CEO of Temasek Holdings, one of Singapore’s largest investment companies founded in 1974 with 13 representative offices across…
We’re constantly bombarded with negative climate news: lack of preparation, perverse incentives, political inaction, record-breaking bad things, and the sheer complexity of the issue. This constant barrage creates a feeling of hopelessness. We often forget the progress made. Climate change awareness, though born from crisis, is a huge step. Not long ago, the idea of…
While Apple recently abandoned its electric car project, Chinese tech giant Xiaomi is stepping on the gas. Their Beijing headquarters hosted a splashy launch event in March for their first electric vehicle, the Speed Ultra 7, or SU7 for short. Xiaomi is offering competitive pricing for its new electric vehicle. The base model, the SU7,…
Australia faces mounting international pressure to achieve net-zero emissions by 2050, but this goal is causing deep rifts within the governing party. A global leader in coal and gas exports, Australia mines coal in all its states. These resources are primarily shipped to Asian nations like China, Japan, and South Korea. Despite a near doubling…