China, Russia, Britain, the United States and France have agreed that a further spread of nuclear arms and a nuclear war should be avoided, according to a joint statement by the five nuclear powers published by the Kremlin and The White House on January 2. It said that the five countries – which are the […]
A new economic crisis has already touched you – try to order a PlayStation 5, a new iPhone, or car! A shortage of electronic equipment threatens the world. Let’s get to know what happens, thanks to Babel’s explanation. Today, almost everything works on chips – from an electric toothbrush to a car. Since last year, […]
In early October 2021, the gas price set an absolute record – $1,969 per thousand cubic meters. Now it has dropped again – on October 25, fuel on the exchange is traded at $1,115. This does not mean that everything will be fine now – this year, prices are constantly jumping. Due to the shortage […]
Experts predict that China Evergrande Group will cease to exist in the near future. Six executives of the Chinese real estate giant China Evergrande Group, which owes more than$ 300 billion, have illegally sold their investments over the past four months, DW writes. “As of May 1, 2021, a total of 44 people, who were […]
In the immediate aftermath of the global crisis caused by the coronavirus pandemic, many countries faced energy shortages, Bloomberg states. In the UK, there is an acute shortage of fuel, due to which gas stations are closed, and huge queues line up at workers. Store shelves are emptying due to a shortage of drivers. After […]
China is implementing power rationing as supplies dwindle due to the price rise of imported coal. Let’s get to know what happens, thanks to The Guardian. The situation is widespread. In recent days, factories in 20 of China’s 31 provinces have suffered a loss of power, forcing many to shut down production, at least for […]
Power shortages in China have led to shutdowns at many plants, including Apple and Tesla, Reuters reports. According to Chinese suppliers, the plants stopped due to power outages. Some shops are open by candlelight in the northeast of the country, and shopping centers have closed. Thus, the crisis has already begun to spread beyond China; […]
For millions of people on the planet “desert” is a terrible word, synonymous with hunger, thirst and death. Huge areas, deprived of water, and hence life is only growing, and until recently nothing could be done about it. Let’s check the projects collected by Climate Info that have challenged the drought, as well as the […]
Let’s get squinted with Dr. Shirley Yu, a political economist and nonresident fellow at Harvard University’s Kennedy School of Government, point of view about Chinese renewables politics. It’s crucial for us to compare the different opinions on this hard-discussed topic. *** US President Joe Biden would like to be remembered as the Earth-saving president. But […]
Hundreds of homes were destroyed and almost 6,000 people were evacuated amid power cuts and landslides in Hubei province, The Guardian reports. Heavy rains killed 21 people and evacuated 6,000. Five cities in the central Chinese province of Hubei have declared a “red level of danger.” The rains destroyed nearly 3,000 homes and shops, and […]
