Attacks on Saudi oil fields knock out half of the production

WNM | Sep 15, 2019 at 2:18 AM

Yemen’s Iran-aligned Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, knocking out more than half the Kingdom’s output, in a move expected to send oil prices soaring and increase tensions in the Middle East.

EU considers energy taxes to fight climate change

WNM | Sep 14, 2019 at 12:47 AM

The European Union is considering new energy taxes, including on the aviation sector, to meet its climate targets, top officials said on Friday, with Germany calling for “drastic steps” to reduce carbon emissions.

ECB restarts Quantitative Easing without time limit

WNM | Sep 12, 2019 at 2:22 PM

The euro skidded below $1.10 on Thursday after the European Central Bank cut interest rates and unexpectedly relaunched a quantitative easing programme as well to boost the region’s economy.

Water found in atmosphere of planet beyond our solar system

WNM | Sep 12, 2019 at 1:32 AM

Scientists for the first time have detected water in the atmosphere of an Earth-like planet orbiting a distant star, evidence that a key ingredient for life exists beyond our solar system, according to a study published on Wednesday.