Plants and trees' ability to absorb carbon dioxide fell dramatically in 2023, due to increased heat stress in vegetation, a new study revealed.
While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.
Sunday, July 21 was the hottest day ever recorded globally in 100,000 years according to the EU climate monitoring service Copernicus, warning that the Climate Crisis is accelerating.
Six out of the nine “planetary boundaries” that track how close humanity is coming to the environmental disaster have been crossed. And now there might be a tenth boundary: the amount of oxygen in oceans is starting to fall.
The latest economic data indicates that the eurozone's recovery is losing momentum, with industrial production continuing to drag on growth and sentiment indicators suggesting a weakening in the strong momentum seen earlier this year.
The European Parliament has re-elected Ursula von der Leyen to a second term as President of the European Commission on July 18, who vowed to build a “Defensive Union” to counter Russia’s aggression.
In Europe’s capital cities and among its elites a great but undeclared battle is being fought for the future of the European Union. One side is heavily outgunned. The other side is dominant. But the race is on.
The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.
A recent study finds that the AMOC (Atlantic Meridional Overturning Circulation) is on course to stop flowing, at the latest, within the next 75 years, causing a mini-ice age in Europe and could disrupt the entire planet's weather patterns.
Czechia, Hungary and Slovakia are all expected to receive a few thousand new inhabitants each year for the rest of the century, according to the UN's latest population projections.
Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.
Immigration can affect inflation and, in turn, monetary policy in two opposing ways. And the jury’s still out as to its overall impact on the eurozone.
With the Netherlands, Belgium, France, Bulgaria and probably Austria this autumn lurching to the right, isn’t it only a matter of time before the balance in Europe shifts in favour of pressuring Kyiv to accept “peace” on the Kremlin's terms?
Growth is mainly driven by a strong rise in real wages, leading to higher private consumption, while EU members are showing resilience in the face of Germany's economic downturn.
Storms and other extreme weather events have intensified in Southeast Europe as the climate crisis deepens.
The new group could include Hungary's Fidesz, Poland's former ruling party Law and Justice (PiS), former Czech Prime Minister Andrej Babis's ANO party, and former Slovenian Prime Minister Janez Jansa's Slovenian Democrats.
Consumer markets in Southeast Europe are booming, in what is largely a catch-up story.
Hungary, Poland and Slovakia breached the 3% of GDP budget deficit threshold in 2023 and are expected to continue to do so in 2024 and 2025.
The European Commission is investigating whether “new risks”, notably the use of artificial intelligence and cyberattacks, influenced this month’s European Parliament elections
After beating Slovenia's ruling coalition in the European Parliament elections, Janez Jansa's SDS says it is poised for a comeback in Slovenia.