OSLO—Jailed Belarusian activist Ales Byalyatski, Russian rights group Memorial, and Ukraine’s Center for Civil Liberties won the 2022 Nobel Peace Prize on Friday. The award, the first peace prize since Russia’s Feb. 24 invasion of Ukraine, has echoes of the Cold War era, when prominent Soviet dissidents such as Andrei Sakharov and Alexander Solzhenitsyn won…
Three Chinese-New Zealanders Found Guilty of Political Donation Fraud
The New Zealand High Court has found three Chinese-New Zealand businessmen guilty in a political donation trial, while a former MP was acquitted of all charges. Seven people were charged by the Serious Fraud Office (SFO) with making fraud donations to both major parties, Labour and National, on three occasions. Read MoreNew Zealand’s Major Parties…
World Careening Toward ‘Dangerous New Normal,’ IMF Chief Warns
The world is facing the risk of a recession, with the global economy experiencing a “fundamental shift,” warned Kristalina Georgieva, managing director of the International Monetary Fund (IMF). In just three years, the world has lived through “shock, after shock, after shock,” Georgieva said during a speech at Georgetown University in Washington on Oct. 6….
Sanctioned Russian Oligarch Anchors Mega Yacht in Hong Kong
October 7, 2022
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Asia & PacificChinaEuropeHK Current AffairsHong KongHong Kong Marine DepartmentInternationalNordRussia-Ukraine WarVladimir PutinWorld
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The superyacht Nord, believed to belong to Alexey Mordashov, an ally of Russian President Vladimir Putin and Russia’s third-richest oligarch, was anchored in Hong Kong waters on Oct. 6, 2022. After the outbreak of the Russian-Ukrainian war, the United States, the European Union, the United Kingdom, and other countries imposed sanctions on tycoons who are…
Researchers Retro-Fit Diesel Engine With Hydrogen Hybrid to Cut Emissions
Researchers at the University of New South Wales in Sydney have successfully retrofitted a diesel engine to run as a hydrogen-diesel hybrid, cutting down C02 emissions by around 85 percent. The move comes as part of a wider push for governments to electrify their nation’s transport networks as part of the net-zero movement. The team,…
Christians Need Not Apply
Commentary Upon being forced to resign only a day after being appointed CEO of the Essendon Football Club, Andrew Thorburn stated tellingly that his “personal Christian faith is not tolerated or permitted in the public square.” Thorburn, who has had a distinguished career in business, including six years as CEO of the National Australia Bank,…
Labor Government Launches Bid to Build ‘World’s Largest’ Renewable Hydrogen Plant
October 6, 2022
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Asia & PacificAustraliaBusiness & MarketsChris Boweneconomic policiesenergyhydrogenInternationalWorld
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The federal Labor government has launched a bid to build what it claims to be the “world’s largest renewable hydrogen” facility in Brisbane, Australia. The government-backed Australian Renewable Energy Agency will put $13.7 million into the development of a green hydrogen facility dedicated to decarbonising an ammonia plant. The grant will go to billionaire Andrew…
Farmers’ Chief Wary of Calls for United Nations Global Sustainability Standards for Livestock
Tony Mahar, CEO of the National Farmers Federation, has urged any implementation of United Nation’s sustainability standards in Australia needs to be more nuanced and not a blanket approach. His comments has organic standards groups push for the global body to create a sustainability standard for livestock producers. Marg Will, a lobbyist from Brisbane, Australia…
IMF Warns of Higher Recession Risk and Darker Global Outlook
October 6, 2022
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Business & Marketseconomic policieseconomyGeorgievaglobalIMFinflationInternationalMarketsOutlookrecessionUSWorld
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WASHINGTON—Two principal economists painted very different pictures Thursday of what the global economy will look like in the coming years. Kristalina Georgieva, managing director of the International Monetary Fund, told an audience at Georgetown University on Thursday that the IMF is once again lowering its projections for global economic growth in 2023, projecting world economic…
17 Migrants Dead, Dozens More Missing After Boats Sink in Greek Waters
At least 17 migrants, including one boy, have died, while dozens more are missing, after two boats sank in Greek waters on Thursday. Authorities in Greece said on Thursday that they had recovered 17 bodies close to the eastern island of Lesbos after a dinghy that left the Turkish coast carrying about 40 people ran into…
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