Economy

Hydrogen Leaks: The Tiny Molecule Fueling Big Warming ———————————- A landmark study in the journal Nature reveals that hydrogen emissions are quietly accelerating global warming, Earth.com reported. According to researchers at Stanford and Auburn University, hydrogen levels have surged 70%…

Global Inequality Reaches “Unsustainable” Levels, New Report Warns ……. Fewer than 60,000 of the world’s richest people control three times more wealth than the poorest half of humanity, according to the World Inequality Report 2026. Compiled by 200 researchers, the…

More Than 200 Environmental Groups Urge Moratorium on New US Datacenters ———————————— More than 230 environmental organizations have called for a nationwide halt on new datacenter construction in the United States, citing growing concerns over rising electricity costs, water consumption,…

500 Economists Warn G20 Leaders About Explosive Growth in Wealth Inequality —————————————— More than 500 leading economists and experts—among them several Nobel Prize winners and a former U.S. Treasury Secretary—have called for the creation of a “Global Inequality Panel” ahead…

Global Coal Use Hits Record High Despite Rise in Renewables ………….. Coal consumption reached a record high worldwide last year, despite growing efforts to transition to clean energy. The State of Climate Action 2025 report, published on Wednesday by the…

Nestlé to Cut 16,000 Jobs in Global Restructuring Plan ………….. Nestlé has announced plans to cut 16,000 jobs over the next two years as part of a global effort to reduce costs and boost sales, The Guardian reported. The Swiss…

Trio Wins Nobel Economics Prize for Work on Technology-Driven Growth ———————————————- Three experts who pioneered the explanation of how technology fuels economic expansion have been awarded the 2025 Nobel Prize in Economic Sciences, according to The Guardian. The Royal Swedish…

WTO Raises 2025 Global Trade Growth Forecast to 2.4% ————————– According to Anadolu Agency, the World Trade Organization (WTO) has significantly increased its global merchandise trade growth forecast for 2025 to 2.4%, up from an earlier projection of 0.9%. The…

Gold Prices Hit Record Highs Amid Speculation of U.S. Rate Cuts ———————————————– Gold prices surged again on Tuesday, reaching a record US $3,755 per ounce, up 0.22% by 07:30 GMT, according to Anadolu Agency. Over the past year, gold’s value…

WTO Fisheries Subsidies Deal Enters Into Force —————————– The World Trade Organization (WTO)’s landmark Agreement on Fisheries Subsidies has officially entered into force, marking a major milestone in global efforts to promote environmental sustainability and curb practices that contribute to…