The growth of the EU’s economic powerhouse has continued to slow as a result of the energy crisis Germany’s economy is expected to continue to slow in the coming years; the country is slated to relinquish its position as the fourth-largest economy, in nominal US dollar terms, to India in 2027, according to a new…
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The US emerged as the globe’s largest exporter of liquefied natural gas (LNG) for the global market in 2023, Reuters reported on Wednesday, citing tanker tracking and government data. Australia came in second, while Qatar, which ranked first in 2022, saw its output drop by 1.9% and slid to third place.
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A Singapore-flagged containership, Maersk Hangzhou, was struck by projectile fired by Houthis from Yemen on Saturday Two global shipping firms, Denmark’s AP Moller-Maersk and Germany’s Hapag-Lloyd, have extended their decision to not allow their vessels pass through the Red Sea and Suez Canal, citing security risks, according to company statements.
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