... Russia maintains a strict ban on the export of petroleum products to support its domestic fuel market. Simultaneously, Europe is rapidly accumulating gas reserves ahead of winter, and the global energy sector is witnessing a resurgence in demand for traditional energy resources, such as coal, amid high prices and the need for reliable energy supply. Below are the details of the key news in the commodity and energy sectors. Washington Doubles Tariffs for India over Russian Oil Trade The United States ...

... to implement stringent restrictions on the export of petroleum products to support the domestic fuel market. Concurrently, Europe is accelerating its gas reserves ahead of winter, while the global energy sector is witnessing a revival in demand for traditional energy resources, such as coal, amid high prices and the need for reliable energy supply. Below are the details of these and other key news from the raw materials and energy sectors. Washington Doubles Tariffs for India on Russian Oil Trade ...

... annually on the fourth Thursday of November. Beyond its cultural and familial significance, this day impacts global financial markets as major U.S. exchanges close, creating ripples felt by investors worldwide. Learn about the holiday’s history, its traditions, and how it shapes economic and market activities globally. Thanksgiving in the USA: History, Market Closures, and Global Investor Impact Thanksgiving is one of the most significant national holidays in the United States, celebrated annually ...

... approximately 170,000 homes. A key feature of this plant is its use of concentrated solar power (CSP) technology, which incorporates thermal energy storage using molten salt. This technology enables power generation even at night, reducing reliance on traditional fossil fuel sources. The project is part of a larger renewable energy complex in the region and represents a significant step for China towards achieving carbon neutrality by 2060. Large-Scale Project in Gansu The new solar power plant is ...

... diminishing Tether's market share. Other centralized stablecoins—such as the new stablecoin from PayPal (PYUSD)—though currently small in scale, leverage vast payment networks and could gain traction by 2025. There are also stablecoins issued by traditional financial organizations (banks) and central bank digital currencies (CBDCs). The latter—digital analogues of national currencies issued by central banks—could theoretically displace private stablecoins over time, especially in the payment ...