Author: wellingtontribune.com

In 2024, Germany shifted from a net electricity exporter to importer, driven by rising demand, fossil fuel reductions, and nuclear phase-out, highlighting energy transition challenges.

European stocks dropped as bond yields rose, with STOXX 600 down 0.3% amid inflation fears, policy uncertainty, and rate hike concerns as traders await ECB and Federal Reserve decisions.

The global population has risen to 8.156 billion in 2024, an increase of 82 million over last year, with projections indicating further growth despite slower fertility rates.

The World Meteorological Organization confirms 2024 is the warmest year on record, citing rising greenhouse gases and extreme weather events driven by human activities.

French business confidence has dropped for the third straight month, hitting its lowest level since July as fiscal uncertainty and political instability impact hiring and investment.

Germany’s economic contraction extended into December, marking six straight months of decline as weak manufacturing output offset modest stability in the services sector.

UK retailers face rising costs and insolvencies following budget changes, with calls for urgent support to counter weak sales and economic uncertainty.

NASA’s Parker Solar Probe successfully completed its closest-ever approach to the Sun, reaching 6.1 million kilometers, collecting data to unlock solar mysteries.

Russia has declared a national emergency after an oil spill from two Russian tankers caused by a storm in the Black Sea, impacting Anapa and surrounding wildlife.

Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy changes.