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AIIB reaffirms commitment to close global infrastructure financing gap
The 11th AIIB annual meeting brings policymakers, investors and business leaders from around the world to Doha to explore how technology, sustainability, connectivity and investment are reshaping the way cities and economies develop.
Europe News
EU countries push back against Brussels power tariff rules
European Union governments are pushing back against a Brussels drive to reshape electricity network costs, watering down plans for coordinated tariffs as the fight over the bloc’s expensive and congested power grids becomes increasingly political.
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Europe News
'Portugal is an energy island and needs more flexibility' – minister
The Portuguese government argues that because limited connections isolate Iberia from the European grid, the country faces many of the same challenges as the EU's outermost regions and deserves compensation for the lack of interconnections.
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Russian drone barrage hits Kyiv and Mykolaiv as Ukraine reports major fires
Russian drone strikes hit multiple locations across Ukraine overnight into 12 June, damaging sites near Kyiv and in the Mykolaiv region, injuring one person and triggering a major fire, while Ukrainian air defences said they intercepted most of the 117 drones launched.
Europe News
Climate action is the world’s cheapest insurance policy, study says
Climate policy is not discretionary spending but collective risk pooling, according to a Vienna University study, who argue that as natural disasters proliferate, it acts as a public insurance system that protects economies and societies.