The Equatic Process, a novel carbon removal technology and one of the best inventions of 2023, is getting a major scale-up, with the world’s largest ocean carbon dioxide removal (OCDR) facility set to be built in Singapore and operational by 2025—sparking optimism for what has been hailed as a potential game changer for global climate … Read more
ALGIERS, Algeria — ALGIERS, Algeria (AP) — Algeria on Sunday inaugurated a gigantic mosque on its Mediterranean coastline after years of political upheaval transformed the project from a symbol of state-sponsored strength and religiosity to one of delays and cost overruns. Built by a Chinese construction firm throughout the 2010s, the “Great Mosque of Algiers” … Read more
The Red Sea conflict is one of the largest battle the US Navy has ever fought. “I think you’d have to go back to World War II,” Vice Adm. Brad Cooper told 60 Minutes. The Navy has fired about 100 surface-to-air missiles and sent about 7,000 sailors to the Red Sea. A US Navy admiral … Read more
JAKARTA, Indonesia — Millions of Indonesians were choosing a new president Wednesday as the world’s third-largest democracy aspires to become a global economic powerhouse just over 25 years since emerging from a brutal authoritarian era. The incumbent Indonesian defense minister, who has been accused of human rights atrocities as an ex-general, and two former governors … Read more
KYIV, Ukraine — A Russian drone strike on Kharkiv, Ukraine’s second largest city, killed seven people overnight, including three children, Kharkiv region governor Oleh Syniehubov reported Saturday. He said at least 10 drones were launched at Kharkiv, eight of which were shot down. Civilian infrastructure in the Nemyshlyan district of the city was hit, causing … Read more
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, one … Read more
Royal Caribbean’s Icon of the Seas, the world’s largest cruise ship, heads to the dock during its first arrival into PortMiami on Jan. 10, 2024. Pedro Portal | Tribune News Service | Getty Images The world’s largest cruise ship set sail from Miami, Florida over the weekend, embarking on a seven-day island-hopping trip through the … Read more
Signage for Citadel Investment Group LLC hangs outside their office in Chicago, Illinois, U.S. Bloomberg | Getty Images The world’s top hedge funds raked in record profits last year amid a resurgence in stock markets, new analysis showed. The 20 leading funds made $67 billion in investor profits in 2023, up from the $65 billion … Read more
CAIRO — Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages. The National Oil Corp. said in a terse statement that it lifted the force majeure at the Sharara oil field in the country’s south and resumed full … Read more
CAIRO — Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages. The National Oil Corp. declared force majeure at the Sharara oil field in the country’s south starting Sunday. Force majeure is a legal maneuver that releases a company … Read more