◯ Conflict ◯ Development ◯ Social ◯Economics ◯ Politics
IN THIS WEEK'S EDITION
Here's what you need to know: Russia and Ukraine's deal to permit grain exports may show a path to the end of the war, Amnesty accuses Myanmar government of war crimes, Australian agronomist is turning African deserts into forests, EU and Azerbaijan deal for gas imports, India elects a new president, renting bridesmaids is a fast-growing business in China.
Russia and Ukraine's deal to permit grain exports may show a path to the end of the war. These agreements suggest that if negotiations are required at some point in the future to end the war, there is an operating mechanism for such talks to occur.
Six countries freeze Ukrainian debt repayments. Canada, France, Germany, Japan, the UK and the US have all frozen debt repayments for the war-torn country.
Amnesty accuses Myanmar government of war crimes. Amnesty International claim that Myanmar’s military is planting landmines in the south-eastern Kayah state. Fighting between the military and ethnic Karenni armed groups has resumed and more than 2,000 people have been killed this year.
Changing fish habitats could fuel international disputes. The climate crisis is affecting the movement of nearly half of the fish stocks that cross international borders. A study warns that this could lead to the collapse of international agreements.
Hundreds protest in Baghdad after deadly attack on tourist resort. Hundreds of people protested in Baghdad after an attack in northern Iraq killed nine people. Iraq blamed the strike on Turkish forces, but Ankara have denied carrying it out.
Australian agronomist is turning African deserts into forests. Farmer natural managed regeneration (FMNR) has restored tens of millions of acres of wasted pasture land to forest. This simple and cheap solution may be the answer for many areas in Africa.
Baidu unveils new self-driving taxi in China. Chinese technology giant Baidu has unveiled the next vehicle to join its self-driving taxi service, Apollo Go. It says its new model has the road skills of a driver with 20 years' experience.
Chile's first electric bus factory aims to ease fossil fuel dependency. Electric buses built by a Chilean company, Reborn Electric Motor, are now operating in the world's top copper-producing nation, as the country seeks ways to reduce its use of fossil fuels and achieve its environmental goals.
US Senate advances legislation for semiconductor industry to compete with China. Chips would be subsidised by over $50 billion to alleviate the manufacturing shortage in the automobiles, electronics, and high-tech industries.
Eurozone raises interest rates for first time in 11 years. The ECB increased its key interest rate by 0.5 percentage points and plans further hikes this year with inflation running at 8.6%. The rate has been negative since 2014.
DOJ makes first charges for cryptocurrency insider trading. The US Department of Justice announced charges against three people accused of trading on privileged information about which tokens Coinbase would list on its cryptocurrency exchange.
Apple to curb hiring over economic concerns. Apple plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn. Other tech giants plan to do the same.
POLITICS India elects a new president. Droupadi Murmu, a tribal leader from the eastern state of Odisha, will be the 15th president of the Republic of India. The 64-year-old is the second woman to hold the position.
Staff of Nicaraguan newspaper flee abroad.La Prensa, one of Nicaragua's leading newspapers, says its staff have been forced to flee the country amid a targeted crackdown by the government. The paper said its work would continue.
Ranil Wickremesinghe sworn in as Sri Lanka’s new president. He is the former prime minister and is seen as deeply unpopular with the public due to his role in the prior administration.
EU to open accession talks with Albania and North Macedonia. The 27 EU member states have agreed to start accession negotiations, pending since 2020, after Bulgaria and North Macedonia were able to resolve a dispute.
Mario Draghi resigns, plunging Italy into political turmoil. Italy will hold a snap national election on 25 September, after their Prime Minister resigned following the collapse of his national unity government sending tremors through financial markets.
Renting bridesmaids is a fast-growing business in China. Professional bridesmaid and groomsman agencies have emerged as a result of growing demand. One company said their registered members had grown from a few thousand in February, to some 50,000.
Major breakthrough toward new therapies in treating Type 1 and Type 2 diabetes. Using the pancreas stem cells of a type 1 diabetic donor, researchers were able to reactivate them to become insulin-expressing and functionally resemble beta-like cells.