search
the economy
Trends
- 1Russian oil output heading for lowest level since 2009βπ·πΊ Russian oil production is set to fall to its lowest level since 2009 According to Le Grand Continent, Russiaβs oil ou
Russian oil production is forecast to fall to 494 million tonnes in 2026, down 3.4% from the previous year and the country's lowest output since 2009, according to Le Grand Continent. The projected decline is drawing attention as a signal of mounting pressure on Russia's energy sector, a cornerstone of its economy and export revenues.
- 2Germany pledges to phase out fossil fuels by 2045βGermany pledges to phase out fossil fuels for first time with target of 2045
Germany has for the first time formally committed to phasing out fossil fuels, setting a target date of 2045. The pledge, reported by the Guardian, marks a significant shift in the country's climate policy, moving beyond its existing renewable energy and coal exit goals to an explicit commitment against oil and gas as well. Commenters are debating how realistic the timeline is for an industrial economy heavily reliant on imported energy.
- 3
Formula 1 is set to return to Malaysia, with the Sepang International Circuit expected to benefit economically. Reports from Singapore suggest the race's comeback would boost local businesses around Sepang, drawing international visitors and spending to the area. Attention is focused on what the grand prix's return would mean for tourism and the regional economy.
- 4Weather disasters cost billions, and losses are set to growβThis weather threat costs us billions. And itβs about to get worse.
Extreme weather is already costing the United States and other countries billions of dollars each year, and analysts warn the bill is set to climb. Reporting highlights how hazards such as flooding, heat waves and storms are becoming more frequent and more damaging, straining budgets, insurers and local economies as governments debate how to prepare for worsening conditions.
- 5EU moves to curb energy and water use by data centresβEU moves to curb energy and water for data centres
The European Union is moving to restrict the energy and water consumption of data centres, a sector whose rapid growth driven by cloud computing and artificial intelligence has put mounting pressure on electricity grids and water supplies. The proposal signals tighter regulation of tech infrastructure across member states, with debate focusing on how sustainability rules will affect data centre operators and Europe's digital economy.
- 6Why India's solar manufacturing is a big success storyβWhy Indiaβs solar manufacturing is a big success story
Reports highlight India's rapid rise in solar manufacturing, crediting domestic production policies for building a homegrown industry capable of supplying solar panels at scale. India has become one of the world's fastest-growing solar manufacturing hubs, reducing reliance on imported Chinese modules while creating jobs and supporting its clean energy targets. Commentators point to it as a model for how emerging economies can industrialise around renewables.
- 7Scientists Turn Plastic Into Hydrogen Fuel Using Solar PowerβScientists Just Used Solar Panels To Convert Plastic Into Hydrogen Fuel β Here's How
Researchers have developed a process that uses solar panels to convert plastic waste into hydrogen fuel, according to new reporting. The method could offer a dual benefit: tackling mounting plastic pollution while producing a cleaner energy source. Details of how the technology works remain limited, but the news is drawing attention for its potential implications for both waste management and the hydrogen economy.
- 8Ranked: Where Emissions Are Rising FastestβΌRanked: Where Emissions Are Rising Fastest https://www. visualcapitalist.com/ranked-wh ere-emissions-are-rising-and-fall
A new ranking shows which countries are seeing greenhouse gas emissions rise fastest, and where they are falling. The data highlights how quickly some economies' carbon output is growing even as others cut back, giving a comparative picture of global climate progress. Commenters are sharing the ranking amid ongoing concern over climate change, pollution and stalled climate policy.
- 9India's Space Startups Surge from 1 to 440 in Five YearsβBig Boost to India's Space Ecosystem | From 1 to 440 Space Startups in 5 Years
India's space sector has grown dramatically, with the number of space startups expanding from just one to around 440 in five years. The boom follows the opening of the sector to private companies, and commentators are highlighting it as a major boost to India's space ecosystem and its ambitions as a global space player.
- 10
Oman is drafting a national law to regulate and develop its space economy, according to Oman Observer. The legislation would establish a legal framework for space activities as the country works to diversify its economy beyond oil and position itself in the growing regional space sector. Details of the draft's provisions and timeline have not yet been published.
- 11India's tech push: space, chips and AI under ModiβThe Tech-led Renaissance: Space, semiconductors and AI in PM Narendra Modiβs India
A new commentary highlights Prime Minister Narendra Modi's push to make India a technology power, pointing to progress in space exploration, semiconductor manufacturing and artificial intelligence. The piece frames these sectors as the pillars of a broader, technology-led renaissance in India's economy and global standing. It adds to ongoing debate about whether India can convert policy ambitions into a genuine domestic tech industry.
- 12Solar Storms Seen as Growing Threat to Power GridsβDisasters from the Sun: Threats to Power-grids and Digital Infrastructure
A new analysis warns that solar activity, including powerful solar flares and coronal mass ejections, could cripple electricity grids, satellites and digital infrastructure worldwide. The piece argues that modern societies' dependence on connected technology makes them increasingly vulnerable to space weather, and calls for better forecasting, hardened infrastructure and international preparedness to limit damage from a major solar event.
- 13Oman's Space Sector Moves From Establishment to Market BuildingβOmanβs Space Sector: From Establishment to Market Building, 2023β2025
Oman's space sector is described as entering a new phase between 2023 and 2025, shifting from institutional establishment toward building a commercial market. The development highlights the Gulf state's push to diversify its economy and position itself in the regional space industry. Details on specific programmes, investments or companies remain limited.
- 14Alaska Gubernatorial Candidates Debate State's Energy FutureβAlaska gubernatorial candidates discuss the state's energy future | Addressing Alaskans
Alaska's gubernatorial candidates took part in a discussion focused on the state's energy future as part of the 'Addressing Alaskans' series. The forum covered how the state should develop its energy resources and what direction policy should take under the next governor. Energy is a central issue in the race given Alaska's economy and natural resource base.