Activist group Lock the Gate analysis reveals coal companies may receive an extra $6.2bn in taxpayer refunds for diesel if half of proposed mine developments are approved. This comes as the Australian government faces pressure to cap a fuel tax credit scheme benefiting multinational miners.
Bolivia is showing signs of returning to normalcy after President Paz declared a state of emergency to end a 50-day social crisis. The Legislative Assembly approved the decree, aiming to restore transit and supply essential goods. Agreements were reached in Santa Cruz, and a La Paz federation paused protests, though demands remain.
Congress president Mallikarjun Kharge accused PM Modi of "destroying" India and US President Donald Trump of "destroying" the world, linking them to hardships faced by people. He also criticized the BJP on inflation, unemployment, the NEET exam controversy, and alleged financial irregularities in Ram Temple donations.
Crimea suspended civilian gasoline sales as Ukraine intensified attacks on fuel supplies. Ukrainian strikes killed four and wounded 28, targeting oil depots and transport facilities. This marks the worst energy crisis since Russia's 2014 annexation.
Crimea faces an unprecedented crisis as Russian-imposed authorities ban fuel sales to civilians and businesses to prioritize the military, which is under pressure from Ukrainian drone attacks. The Kerch Strait ferry and a land bridge are suspended after deadly attacks, exacerbating supply issues across Russia and leading to tourist cancellations in Crimea.
Las autoridades rusas en Crimea han prohibido la venta de combustible a particulares y empresas para priorizar el suministro al ejército, ante el aumento de ataques de drones ucranianos. Cinco personas murieron en un ataque contra ferries en el estrecho de Kerch, que ahora están suspendidos. La crisis de suministro se extiende a otras regiones de Rusia.
SpaceX's massive IPO is providing capital for ambitious plans to build AI data centers in space. Companies like SpaceX, Blue Origin, and Google are racing to develop orbital compute infrastructure, driven by the need for AI power and the constraints of terrestrial data centers.
Ben Stokes and Gus Atkinson were withdrawn from County Championship matches at the ECB's request, fueling speculation they may return for the third Test against New Zealand. Both players missed the second Test after breaching team curfew.
Crimea's Kremlin-installed leadership is restricting fuel sales to individuals and businesses, reserving it for state services. This move follows Ukrainian attacks on energy and transport infrastructure, indicating pressure on Russian logistics.
Crimea has suspended fuel sales to individuals and businesses starting June 21, with fuel now only available to government agencies ensuring the region's vital functions and security. Regional head Sergey Aksyonov urged calm and reliance on official information sources.
Ukrainian drone and missile attacks on Russian oil refineries have led to fuel shortages and rationing in 53 regions. The strikes have disrupted an estimated 20% of Russia's refining capacity, impacting key facilities like the Moscow refinery.
South Africa faces rising pressure on businesses hiring foreign nationals, with vigilante groups and government crackdowns creating a squeeze. Employers cite cost and necessity, while officials blame exploitation and illegal labor. High unemployment fuels anti-immigrant sentiment, making foreign workers a political flashpoint.
Hong Kong families are opting for Asian summer schools over UK and North American programs due to a 35% drop in applications for British schools. Soaring airfares, with round-trip economy flights to London up 39% to HK$8,500 in August, are driving this shift. The cost of a two-week UK residential camp has also increased.
Ukraine's sustained drone attacks on Russian oil refineries are leading to widespread fuel shortages, with some regions implementing purchase limits and prices soaring, causing public discontent.
Australia's federal government will continue its fuel excise cut but at a reduced rate of 16 cents per litre, down from 32 cents. The measure, extended to August 2, aims to ease cost-of-living pressures, though Prime Minister Albanese did not rule out further extensions.
England defender Dan Burn revealed that captain Harry Kane uses country music to motivate the team during the World Cup. Meanwhile, Germany's coach Julian Nagelsmann hinted at starting Deniz Undav, and Egypt's coach Hossam Hassan denied internal issues, focusing on their upcoming match against New Zealand.
India's Oil Minister Hardeep Singh Puri suggested petrol and diesel prices may decrease as cheaper crude oil arrives. He defended current prices, noting limited increases despite global volatility and government excise duty cuts, while OMCs face daily losses.
Libya faces growing legal chaos due to a split in its judicial institutions, with rival bodies vying for control of the Supreme Judicial Council. Meanwhile, violent clashes in the strategic city of Zawiya highlight the fragile security situation and the persistent challenge of multiple armed groups.
Spirit Airlines' exit signals a potential end to the dominance of low-cost carriers in the U.S. Rising fuel costs, increased demand for premium services, and the scale of major airlines are pushing prices up, making travel less accessible for budget-conscious consumers.
India achieved a record 23 runs in the opening over of their ODI chase against Afghanistan in Chennai. This was aided by Afghanistan being penalized five runs for pitch infringements. Yashasvi Jaiswal was instrumental in the scoring spree.
Australia's federal government will reduce its fuel excise discount from 50% to 16% from July 1, before ending it completely in August. The Heavy Vehicle Road User Charge will also be reinstated. This change is expected to cause a slight increase in fuel prices, despite a drop in global oil costs.
Bolivia's President Rodrigo Paz declared a state of emergency after six weeks of protests and road blockades demanding his resignation. The crisis began in May when Paz scrapped fuel subsidies, leading to price spikes and nationwide demonstrations by labor unions and supporters of former President Evo Morales.
Bolivia's President Rodrigo Paz declared a state of emergency after nearly 50 days of anti-government protests over living costs and economic hardship escalated. The move allows the military to clear blockades disrupting food, fuel, and medicine supplies nationwide.
Electrification of vehicles, heating, cooling, and industry is proposed as a major step to replace fossil fuels and halve global energy demand. The strategy gained prominence at UN climate talks in Bonn, though negotiations were marred by disputes over climate science and the 1.5C goal.
