Category: Foreign News
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Oil Prices Slip Amid Oversupply Concerns While Ukraine Peace Talks Continue
Oil prices eased on Tuesday as concerns over global crude oversupply in 2026 outweighed geopolitical worries about Russian oil shipments under sanctions amid ongoing Ukraine peace talks. Market participants are navigating a delicate balance between supply expectations and potential demand growth influenced by upcoming U.S. monetary policy. Oil Price Movements Both benchmarks had gained 1.3%
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China Condemns Japan’s Missile Deployment on Island Near Taiwan
China has sharply criticized Japan’s plan to deploy missiles on Yonaguni Island, located near Taiwan, calling it a deliberate attempt to “create regional tension and provoke military confrontation.” The dispute highlights escalating tensions in East Asia amid concerns over Taiwan’s security and rising military posturing by both nations. Background of the Dispute The controversy stems
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Australian Senate Suspends Far-Right Senator Pauline Hanson Over Burqa Stunt
Australia’s Senate has suspended far-right Senator Pauline Hanson for seven sitting days after she wore a burqa to Parliament as a political prop. The stunt, intended to advance her campaign to ban the Muslim garment in public, sparked widespread condemnation from lawmakers and Muslim communities for being offensive and disrespectful. Context of the Incident The
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Australian Delivery Workers to Receive Minimum Wage in Historic Deal with Uber Eats and DoorDash
Australia is set to make history in the gig economy as food delivery workers for Uber Eats and DoorDash move closer to receiving minimum wage protections under a landmark agreement with the country’s transport union. This pioneering deal could set a global precedent for gig worker rights and compensation. A Major Win for Gig Workers
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Russia’s Igor Sechin Warns West of Potential Economic Crisis from Sanctions
Igor Sechin, CEO of Russia’s largest oil producer Rosneft, has warned that Western sanctions imposed on Russia and China could trigger a significant economic crisis in Western countries. Speaking at the Russian-Chinese Energy Business Forum (RCEBF) in Beijing, Sechin emphasized the long-term consequences of sanctions on energy prices, consumer costs, and state spending in the
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Pakistan Rooftop Solar to Surpass Grid Demand in Key Hubs by 2026
Pakistan is on the verge of a major solar milestone. According to Aisha Moriani, Secretary of Pakistan’s Climate Change Ministry, rooftop solar generation in the country is projected to exceed grid-based electricity demand during daytime hours in several major industrial regions by next year. This unprecedented shift underscores the rapid adoption of renewable energy in
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Key Takeaways from the COP30 Climate Summit in Brazil
The COP30 climate summit in Belem, Brazil, concluded with a compromise deal that many observers deemed tentative and limited, highlighting both progress and persistent challenges in global climate action. While wealthy nations committed to tripling climate adaptation funding, most countries’ core demands—particularly reducing reliance on fossil fuels—were largely ignored. Fossil Fuel Interests Stall Global Climate
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China’s Coal Plant Permits Set for Four-Year Low in 2025 Amid Renewable Energy Growth
China is on track to issue the lowest number of new coal plant permits in four years in 2025, according to a recent analysis by Greenpeace. The trend reflects the country’s growing reliance on renewable energy and declining demand for new coal-fired power capacity. Sharp Decline in New Coal Permits Data from Greenpeace shows that
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Alexandria Ocasio-Cortez Criticizes Trump’s Threats Against Democratic Lawmakers
Representative Alexandria Ocasio-Cortez (D-N.Y.) sharply criticized former President Donald Trump for issuing death threats against Democratic lawmakers, raising serious concerns about his mental state and behavior. “It’s not just shocking, it’s not just offensive. It’s bizarre, it is erratic, it’s volatile,” Ocasio-Cortez told reporters. “It indicates a mental state that we should all be questioning
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Malaysia to Ban Social Media for Children Under 16 Starting 2026
KUALA LUMPUR, Malaysia — Malaysia announced plans to ban social media accounts for children under 16 starting in 2026, joining a growing number of countries implementing stricter age limits for online platforms. Communications Minister Fahmi Fadzil confirmed the Cabinet had approved the move, framing it as part of a broader effort to protect young people
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