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The UK government will extend its energy price cap for households by an additional three months as it seeks to shield consumers during the cost of living crisis. The Energy Price Guarantee, which has capped typical annual energy bills at £2,500 this winter, will continue from April to June, saving a typical household £160 during
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China has named a general who is under US sanctions as its new defence minister, creating an additional hurdle for military dialogue as the two countries fret that geopolitical tensions could boil over into conflict. Li Shangfu, an aerospace engineer with little previous international exposure, was confirmed as the top military official on Sunday. His
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Here is a thought experiment. If Taiwan did not exist, would the US and China still be at loggerheads? My hunch is yes. Antagonism between top dogs and rising powers is part of the human story. The follow-up is whether such tensions would persist if China were a democracy rather than a one-party state. That
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Ukraine has appealed to the EU to send Kyiv 250,000 artillery shells a month to ease a critical shortage that it warns is limiting its progress on the battlefield. In a letter to his counterparts in the 27 member states on Friday, obtained by the Financial Times, Ukraine’s defence minister Oleksiy Reznikov writes that his
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Germany and Italy have blown apart an EU plan to ban internal combustion engines by 2035, as the European car industry’s heartlands mount a fightback against ambitious carbon goals. The two countries, the homes of Volkswagen, Fiat and Ferrari, are demanding exemptions for cars that run on synthetic fuels, potentially cushioning the blow for established
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The first anniversary of Russia’s assault on Ukraine has been greeted with soaring rhetoric. Notably, US president Joe Biden stated in Warsaw that “Our support for Ukraine will not waver, Nato will not be divided, and we will not tire. President Putin’s craven lust for land and power will fail. And the Ukrainian people’s love
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The UK energy regulator has lowered the energy price cap by almost £1,000 for a typical home, but consumers will still end up with higher bills from April as the government reduces subsidies to households. The price cap, which normally governs the amount paid for gas and electricity bills for typical usage, will fall to
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At a small rural farm about an hour’s drive from the Zambian capital city of Lusaka in late January, US Treasury secretary Janet Yellen stood before a gathering of farmers and told them she understood the destruction that global warming was causing. “We know that over the past decade, storms, floods, and droughts in Africa
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