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Challenges remain despite gas prices drop in Europe

Natural gas prices in Europe have tumbled to levels last seen before Russia sparked a global energy crisis by invading Ukraine Rome, Italy | Xinhua | Helped by mild winter weather and high storage, prices for natural gas in the European Union (EU) have now settled back to levels seen before …

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Six global issues to resolve in 2023

Beijing, China | Xinhua | The year of 2022 saw a world in turmoil: the United States fueled one conflict after another, the Ukraine crisis dragged on, the COVID-19 pandemic lingered on with Omicron emerging as the new strain. Inflation, food crisis, energy security, a sluggish world economic recovery, a worrisome …

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Norway becomes Germany’s top gas supplier in 2022

Berlin, Germany | Xinhua | Norway replaced Russia as Germany’s biggest gas supplier in 2022, accounting for 33 percent of its total gas imports, the Federal Network Agency (BNetzA) said on Friday. “Norway is our most important energy supplier today and should remain so as we move toward a carbon-neutral future,” Germany’s …

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McCarthy is new US House Speaker

Washington, US | XINHUA | The U.S. House of Representatives elected Congressman Kevin McCarthy as speaker early Saturday morning after a historic and embarrassing deadlock that kept the lower chamber from being fully functional days after the new Congress convened. McCarthy finally quelled a fierce rebellion among his party’s ranks …

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Amazon to lay off over 18,000 people, CEO says

San Francisco, USA | Xinhua | Amazon CEO Andy Jassy said Wednesday evening the company planned to eliminate over 18,000 people, thousands more than originally expected. Last November, the company said that the layoffs would affect about 10,000 people and that the job cuts would extend into the new year. In a …

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Pope Emeritus Benedict XVI hailed for his humility

Kampala, Uganda | THE INDEPENDENT | The Katikkiro of Buganda Charles Peter Mayiga has lauded the late Pope Benedict XVI for his humility and commitment. Speaking at Lubaga Cathedral on Thursday at a special mass for the demised Pope Emeritus Benedict XVI, Mayiga said the late Pontiff distinguished himself as a …

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Mexico captures drug lord El Chapo’s son Ovidio Guzman

Mexico city, Mexico | Xinhua | Mexican armed forces on Thursday arrested Ovidio Guzman Lopez, son of imprisoned Mexican drug lord Joaquin “El Chapo” Guzman, in Sinaloa state, officials and local media reported. The special forces operation was carried out in the town of Culiacan amid clashes, road blocks and vehicles …

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