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ASEAN Leaders Meet Amidst Energy Crisis, Urge Faster Action
Dringend
Politik·2 g önceKI-Zusammenfassung

ASEAN Leaders Meet Amidst Energy Crisis, Urge Faster Action

Philippine farmer Dan Rae Hugo faces doubled diesel costs and reduced profits due to the Iran war's impact on global energy prices. Meanwhile, ASEAN leaders convened in Cebu to address the energy shock affecting all 11 member states, agreeing to accelerate an energy security framework and a regional power grid. Philippine President Ferdinand Marcos Jnr stressed the urgent need for these measures, stating they were needed 'yesterday'.

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SCMP Economy
Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm
NACHRICHT
07.05.2026

Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm

Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next yearFertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% and will have a “dramatic” impact on food prices globally next year, according to one of Britain’s most powerful property and farming companies.Mark Preston, executive trustee of the 349-year-old Grosvenor Group, controlled by the Duke of Westminster, said fertiliser “was already quite expensive” before the 50% to 70% surge in prices since the start of the Iran war in late February. Continue reading...

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Guardian UK
UAE’s ruling royal family benefits from more than €71m in EU farming subsidies
NACHRICHT
07.05.2026

UAE’s ruling royal family benefits from more than €71m in EU farming subsidies

Al Nahyans’ control over farmland in Europe has meant they receive proportion of payments to farmsThe United Arab Emirates’ ruling royal family is benefiting from tens of millions in EU subsidies to grow crops destined for the Gulf, it can be revealed.A cross-border investigation by DeSmog and shared with the Guardian found subsidiaries controlled by the Al Nahyans collected more than €71m (£61m) in six years for farmland it controls in Romania, Italy and Spain. Continue reading...

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Guardian Business