WORLD

  GUANGZHOU | Xinhua | For Austrian resident Denis Yurchak, the search for an air conditioner to survive this year’s scorching summer felt like embarking on an adventure. Since late June, a relentless heatwave has grilled Europe, shattering numerous temperature records. After spending two days looking for a portable air conditioner …

    LONDON | Xinhua |  Britain is preparing for its seventh prime minister in a decade following Prime Minister Keir Starmer’s resignation amid mounting political pressure and declining parliamentary support. Andy Burnham, former mayor of Greater Manchester, is currently the only declared candidate for the Labour leadership and is …

ROME | TASS | The crisis caused by the conflict in the Middle East has not yet affected market food prices as the global agricultural sector had the reserve making it possible to keep the balance, FAO Economist Monica Tothova told TASS. “Despite concerns about energy prices, fertilizer costs and …

  BEIJING, | Xinhua |  Since its founding 105 years ago, the Communist Party of China (CPC) has kept standing at the forefront of China’s transformation, leading the country through construction to become one of the world’s foremost economic powers. Now with more than 101 million members, the CPC is …

BEIJING | Xinhua |  Chinese President Xi Jinping on Wednesday hailed the 105-year history of the Communist Party of China (CPC) as the “most magnificent epic” of the Chinese nation and urged the Party to press ahead to build China into a modern socialist country on schedule. Addressing a gathering marking …

  Besides gold being a long-term store of value, the precious metal has been found to provide protection against financial sanctions imposed by Western governments   COMMENT | LUKE HARTIGAN | Over the past few years, central banks have been quietly buying up significant quantities of gold. As the trend has …

  NEW YORK  | TASS |  Turkey’s role in NATO is expanding as European countries seek to reduce their reliance on US military support and boost their own defense capabilities, Bloomberg reported. According to the media outlet, Ankara is becoming an increasingly important member of the alliance as it strengthens its defense …

  HONG KONG | Xinhua | From flag-raising ceremonies to horse races and a drone performance, Hong Kong commemorated the 29th anniversary of its return to China on Wednesday with a day of celebrations across the city. At 8 a.m. local time, the government of China’s Hong Kong Special Administrative …

Kampala, Uganda | URN | A new global energy report warns that 655 million people worldwide still lack electricity, with Sub-Saharan Africa remaining the region most affected. For Uganda, the findings highlight the urgent need to make electricity more affordable, expand rural electrification, and accelerate the adoption of clean cooking …

  The current US administration’s openly corrupt style of crony capitalism is the antithesis of the institutional foundation on which the US economy was built   COMMENT | JOSEPH E STIGLITZ | President Donald Trump claims that electing “socialist” Democrats would put the United States on the path to becoming Venezuela …