AFP
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Author's articles
China's power paradox: record renewables, continued coal
Call it the China power paradox: while Beijing leads the world in renewable energy expansion, its coal projects are booming too. Fishman argues that "green power demand is insufficient to keep capacity expansion high", though the government has policy levers to tip the balance, including requiring companies to use more renewables.
China and US agree to fresh trade talks
China and the United States agreed Saturday to conduct another round of trade negotiations in the coming week, as the world's two biggest economies seek to avoid another damaging tit-for-tat tariff battle.
Brewing crisis: java-loving NY confronts soaring coffee costs
New Yorkers run on coffee. "The price of coffee on the market has just been on a steady incline over the last probably year.
US court bars NSO Group from installing spyware on WhatsApp
A US judge on Friday granted an injunction barring Israeli spyware maker NSO Group from targeting WhatsApp users but slashed a $168 million damages award at trial to just $4 million. Evidence at trial showed that NSO Group reverse-engineered WhatsApp code to stealthily install spyware targeting users, according to the ruling, which called such access to user data "unlawful."
Argentine peso drops against dollar despite US backing
Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite multi-billion dollars of US support for the under-pressure currency. With the government of President Javier Milei under pressure, the peso opened at 1,465 to the dollar Friday morning, having closed at 1,430 the day before.
In Argentine farm town, Milei mania fizzles
For clues as to why Argentina's President Javier Milei faces a potential drubbing in next week's mid-terms, look no further than San Andres de Giles, a farming town set amid wheat fields two hours from Buenos Aires.
US Fed official urges caution but says could back October cut
A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. Futures traders currently see a 100 percent chance that the Fed will cut interest rates by a total of at least 50 basis points over its two remaining meetings this year, according to data from CME Group.
US sinks international deal on decarbonising ships
An international vote to formally approve cutting maritime emissions was delayed by a year Friday, in a victory for the United States which opposes the carbon-cutting plan. But a vote due Friday on whether to formally approve the deal was delayed until next year after US President Donald Trump threatened sanctions against countries backing the plan.
US Treasury chief to speak with China counterpart as tensions flare
US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.
AFP
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