Headlines

US, China taking over EU’s green energy transition

The EU’s climate agenda is in trouble. The Green Deal, which aims to slash the bloc’s carbon emissions by 55% by 2030, had started off promisingly after several major pieces of legislation were adopted, including its ban on the sale of new combustion-powered vehicles from 2035

AI won’t save us but cybernetics could

Popular Chinese economist Lu Qiyuan recently claimed the US has four years to prevent a major political, social and financial crisis. It must do at least one of three things: implement structural political reform; prevent the dollar from losing its role as the global reserve

Biden’s waffling war stances miffing allies, losing votes

Trapped in a Gaza war predicament between the irreconcilable goals of Israel and Hamas, US President Joe Biden has taken a whiplash approach of trying to please one side on one day and the other the next. From offering “unwavering support” for Israel at war’s beginning, Biden

Don’t sleep on Hyundai in the great EV race

While Tesla lays off more than 10% of its workforce, South Korea’s Hyundai Motor Group plans to hire 80,000 new employees, increasing its headcount by about 30% over the next three years. The hiring sure is part of a 68 trillion won (US$50 billion) investment program aimed at