24/7 Energy News Coverage
April 08, 2025
TRADE WARS
China vows to stay 'safe and promising land' for foreign investment



Beijing (AFP) April 7, 2025
A top Chinese official has vowed to protect US firms and pledged his country will remain a "promising land" for foreign investment, Beijing said Monday, after it slapped 34 percent tariffs on US imports. China retaliated last week against levies at the same level announced by US President Donald Trump on what he called "Liberation Day". Beijing also imposed export controls on seven rare earth elements, including gadolinium - commonly used in magnetic resonance imaging - and yttrium, which is u ... read more

TRADE WARS
Market panic deepens as China retaliates against Trump tariffs
Tokyo (AFP) April 7, 2025
World markets crashed on Monday with Asia leading the rout, as US President Donald Trump held firm on his swingeing tariffs despite China retaliating and global recession warnings growing louder. ... more
TRADE WARS
Dominican Republic steps up forces on Haiti border
Santo Domingo (AFP) April 7, 2025
The Dominican Republic's President Luis Abinader said Sunday he was deploying more troops to the country's border with Haiti, which is suffering a grave security crisis. ... more
OIL AND GAS
Venezuelan army on 'alert' for alleged false-flag attack
Caracas (AFP) April 7, 2025
Venezuela's army said Sunday it was in a "state of alert" after the government warned of a suspected plot to blame Caracas for an attack on oil giant ExxonMobil in neighbouring Guyana. ... more
OIL AND GAS
US jury orders Chevron pay $745 mn for pollution
New York (AFP) April 6, 2025
A US jury has ordered oil giant Chevron to pay $745 million for polluting marshland near New Orleans and subsequently failing to rehabilitate the affected area. ... more
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INTERNET SPACE
Nostalgia fuels UK boom in vintage video game repairs
Stoke-On-Trent, United Kingdom (AFP) April 6, 2025
The shelves lining Luke Malpass's home workshop are a gamer's treasure trove stretching back decades, with components of vintage Game Boys, Sega Mega Drives and Nintendos jostling for space and awaiting repair. ... more
OIL AND GAS
Yemen Huthi media say one dead in air strikes
Sanaa (AFP) April 5, 2025
Media aligned with Yemen's Huthi rebels on Saturday said one person was killed and several others wounded in air strikes in the north of the country that they blamed on the United States. ... more
TRADE WARS
India's Modi clinches defence, energy deals in Sri Lanka
Colombo (AFP) April 5, 2025
India secured defence and energy deals with neighbouring Sri Lanka on Saturday during Prime Minister Narendra Modi's visit, seen as a move to counter rival China's growing influence in the region. ... more
TRADE WARS
US soybeans, energy: Who is hit by China's tariff retaliation?
Washington (AFP) April 5, 2025
US agricultural exports, fuels and manufactured goods are set to take a hit from China's blanket retaliation against President Donald Trump's sharp tariffs, with both sets of measures due to take effect next week. ... more

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TECHNOLOGY NEWS


INTERNET SPACE
Belgium charges eight in Huawei graft probe
Brussels, Belgium (AFP) April 4, 2025
Eight people have been charged in a probe into suspected corruption in the European Parliament involving Chinese tech giant Huawei, Belgian prosecutors said on Friday. ... more
CYBER WARS
Trump gives TikTok extra 75 days to find buyer
Washington (AFP) April 4, 2025
US President Donald Trump on Friday extended the deadline for TikTok to find a non-Chinese buyer or face a ban in the United States, allowing 75 more days to find a solution. ... more
TRADE WARS
Trump tariffs offer opportunity for China
Washington (AFP) April 4, 2025
In unleashing global tariffs, President Donald Trump has vowed to remake the world to benefit US workers. One beneficiary could be the country he sees as the primary adversary - China. ... more
TRADE WARS
How can the EU respond to Trump tariffs?
Brussels, Belgium (AFP) April 4, 2025
The EU has "everything on the table" as a response to President Donald Trump's sweeping new tariffs - including possibly targeting US Big Tech and taxing more American goods - should talks with Washington fail. ... more
TRADE WARS
Trump goads China as global trade war escalates
Washington (AFP) April 4, 2025
President Donald Trump goaded China on Friday after the US's chief economic rival retaliated against his tariffs, and he dismissed falling stock markets over the growing global trade war, touting it as a chance to "get rich." ... more
SOLAR DAILY
Cuba looks to sun to solve its energy crisis
Cienfuegos, Cuba (AFP) April 4, 2025
Not far from the ruins of an unfinished nuclear power plant in the Cuban province of Cienfuegos, hundreds of workers are hastily installing 44,000 solar panels as the island seeks once again to reduce its reliance on oil to escape an energy crisis. ... more
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OIL AND GAS
Nations divided ahead of decisive week for shipping emissions
London (AFP) April 4, 2025
Members of the International Maritime Organization (IMO) are divided over whether to approve a carbon tax on international shipping, ahead of a meeting starting on Monday to finalise emissions-reduction measures. ... more
TRADE WARS
Where things stand in the US-China trade war
Beijing (AFP) April 4, 2025
China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. ... more
ROBO SPACE
AI could impact 40 percent of jobs worldwide: UN
Geneva (AFP) April 3, 2025
The global artificial intelligence market is projected to reach $4.8 trillion - roughly the size of Germany's economy - by 2033, the UN said Thursday, warning nearly half of jobs worldwide could be affected. ... more
ENERGY NEWS
EU delays 2040 climate target until summer
Brussels, Belgium (AFP) April 3, 2025
The EU's climate chief said Thursday the bloc was aiming to publish its delayed 2040 emission reduction targets by summer, as it pursued a "pragmatic" approach to its green ambitions. ... more
TECH SPACE
Scientists build novel quantum material from two extreme compounds
Los Angeles CA (SPX) Apr 03, 2025
An international research team led by Rutgers University-New Brunswick has succeeded in creating a synthetic quantum material by combining two compounds long regarded as incompatible. This pioneerin ... more
TRADE WARS
Stocks extend global rout after Trump's shock tariff blitz
Hong Kong (AFP) April 4, 2025
Equities widened losses in Asia and Europe on Friday, extending a global rout inflicted by Donald Trump's tariff blitz that has inflamed a trade war and ramped up recession and inflation fears. ... more
ROBO SPACE
Frontgrade unveils GRAIN space chip series with neuromorphic AI integration
Paris, France (SPX) Apr 03, 2025
Frontgrade Gaisler has secured a major contract from the Swedish National Space Agency (SNSA) to commercialize what it says is the first neuromorphic System on Chip (SoC) specifically designed for u ... more
TECH SPACE
Metamaterials enable ultra-efficient mechanical energy storage
Berlin, Germany (SPX) Apr 03, 2025
Mechanical energy storage plays a crucial role across numerous technologies, from energy-absorbing springs to robotic components and energy-efficient machines. By converting kinetic energy into elas ... more
CYBER WARS
Pentagon inspector general launches investigation into Signal app use
Washington DC (UPI) Apr 3, 2025
Defense Secretary Pete Hegseth and other members of the Trump administration are being investigated for their recent use of a Signal app before a military strike on the Houthis in Yemen. ... more
ENERGY NEWS
Cuba looks to sun to solve its energy crisis
Cienfuegos, Cuba (AFP) April 4, 2025
Not far from the ruins of an unfinished nuclear power plant in the Cuban province of Cienfuegos, hundreds of workers are hastily installing 44,000 solar panels as the island seeks once again to reduce its reliance on oil to escape an energy crisis. ... more
CHIP TECH
Intel, TSMC reach preliminary chipmaking deal: report
Washington (AFP) April 3, 2025
Intel and Taiwan Semiconductor Manufacturing Co (TSMC) have reached a preliminary agreement to form a joint venture to operate Intel's chipmaking facilities, tech news outlet The Information reported on Thursday. ... more
INTERNET SPACE
Zuckerberg repeats Trump visits in bid to settle antitrust case
Washington (AFP) April 3, 2025
Meta boss Mark Zuckerberg has made repeated visits to the White House as he tries to persuade US President Donald Trump to settle a major antitrust case before it goes to trial on April 14, US media reported. ... more
TECHNOLOGY NEWS


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TRADE WARS
How Trump's 'liberation day' tariffs will impact China
Beijing (AFP) April 3, 2025
US President Donald Trump has slapped punishing new tariffs on imports of Chinese goods, deepening a trade war between the world's two largest economies. ... more
TRADE WARS
Fitch downgrades China's rating to 'A', outlook stable
Beijing (AFP) April 3, 2025
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns. ... more
INTERNET SPACE
France says EU to target US online services after Trump tariffs
Paris (AFP) April 3, 2025
The European Union is "ready for a trade war" with the United States and plans to "attack online services" in response to Donald Trump's new tariffs, the French government spokeswoman said Thursday. ... more
TECH SPACE
Kazakhstan discovers its 'largest' rare earths deposit
Almaty, Kazakhstan (AFP) April 2, 2025
Kazakhstan discovered its largest deposit of rare earth metals, containing around one million tonnes of the elements that are seen as vital for the future economy, the Central Asian country said Wednesday. ... more
TRADE WARS
Trump orders end to duty-free relief for small parcels from China
Washington (AFP) April 2, 2025
US President Donald Trump signed an order Wednesday to close a duty-free exemption for small parcels from China, in a move likely to severely disrupt the import of popular low-cost products. ... more
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