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- A + A PARIS (June 26): The chief executive officers (CEO) of Electricite de France SA (EDF), Engie SA, and TotalEnergies SE have urged French companies and consumers to immediately conserve electricity, gas, and oil to be better prepared for winter amid mounting concerns about shortages tied to Russia's invasion of Ukraine. "We must collectively take action on energy demand by reducing our consumption to recoup margins of manoeuvre," Jean-Bernard Levy, Catherine MacGregor, and Patrick Pouyanne said in a joint opinion piece on Sunday in Le Journal du Dimanche. "We will need them to manage the coming consumption peaks and to smooth out technical events or geopolitical shocks that we may have to face." Acting as soon as this summer, notably by preserving gas reserves, will make France better prepared ahead of this winter, the bosses of the country's largest energy groups wrote. France must immediately make a huge collective effort to boost energy efficiency, which … [Read more...] about EDF, Engie, TotalEnergies CEOs urge energy savings to prepare for winter

Boris Johnson - A + A SCHLOSS ELMAU (June 26): World leaders must recognise the price of supporting Ukraine including the surge in energy and food costs but must also acknowledge that the price of allowing Russia to win would be far higher, British Prime Minister Boris Johnson said. Speaking at the start of a Group of Seven summit on Sunday, Johnson said the West needs to maintain its unity in the face of Moscow's aggression. "In order to protect that unity, in order to make it work, you've got to have really, really honest discussions about the implications of what's going on, the pressures that individual friends and partners are feeling," he told reporters. "But the price of backing down, the price of allowing [Russian President Vladimir] Putin to succeed, to hack off huge parts of Ukraine, to continue with his programme of conquest, that price will be far, far higher. Everybody here understands that." Read also: Russian missiles shake Kyiv as world … [Read more...] about Johnson: Cost of Russian victory in Ukraine is too high

Datuk Seri Takiyuddin Hassan - A + A YAN (June 26): Areas identified as being at high risk of geological disasters, especially debris flow, will be given priority for the installation of Early Warning System (EWS), said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan. He said the Minerals and Geoscience Department (JMG) has information on the risky locations, but it cannot be disclosed at this time. "According to our experts, there may be an area at risk and needs to be given priority. We cannot wait until a disaster strikes before taking action," he told reporters after attending the EWS Debris Flow Geological Disaster awareness programme with the Jerai Geopark community on Sunday. He said the EWS, which was installed at Titi Hayun here following the debris flow disaster in August last year, is a pilot project that will be used as a national benchmark and model in reducing the risk of such disasters. The system will be installed in other … [Read more...] about Takiyuddin: EWS to be installed in areas at risk of geological disasters

Datuk Seri Ismail Sabri Yaakob (Photo by Zahid Izzani Mohd Said/The Edge) - A + A KUALA LUMPUR (June 26): Prime Minister Datuk Seri Ismail Sabri Yaakob on Sunday expressed concern over the increasing number of bankrupts among youths. In view of the situation, Ismail Sabri said he will hold discussions with Bank Negara Malaysia governor Tan Sri Nor Shamsiah Mohd Yunus on measures to curb the problem. Talks will also be held with Minister in the Prime Minister's Department (Parliament and Law) Datuk Seri Dr Wan Junaidi Tuanku Jaafar to review relevant legislation. "I am concerned when looking at the latest statistics on bankruptcy among youths and I am also concerned that the numbers will rise further. "The government has previously raised the threshold. We also delayed legal action involving bankruptcy during the pandemic… the future of youths is a priority agenda," he said when officiating at the closing of Barisan Nasional Youth's Career Fair at the World … [Read more...] about PM concerned over bankruptcy among youths, to hold talks with BNM governor

Yuki Ishikawa celebrates during a win over Slovenia in the Quezon City leg of the Volleyball Nations League (VNL) on Sunday. MANILA, Philippines — Yuki Ishikawa helped Japan get back on track to cap its Volleyball Nations League (VNL) Quezon City leg with a convincing 25-21, 22-25, 25-18, 25-19 win over Slovenia on Sunday at Smart Araneta Coliseum. Coming off a three-set loss to France on Saturday, where the Japanese sat out due to fatigue, Ishikawa returned to action with 21 points off 17 attacks, three aces, and a block, and had an impressive floor defense with eight digs and seven receptions. The Japanese, the crowd darlings who received loud cheers from the Filipino fans, won three of their four Philippine leg matches to finish Week 2 with a 6-2 record for solo fourth seed. Ishikawa, however, stressed that there are still a lot of things to work on for the next leg, which they will host in Osaka next month. “We won the match. But in the second set, we were winning but … [Read more...] about VNL: Yuki Ishikawa returns to lead Japan past Slovenia

A woman in Mumbai mistakenly gave away her bag of gold jewellery to a beggar (Representative Image) Gold prices edged up on Tuesday as the dollar eased, while investors kept a keen eye on posturing from major central banks on interest rate hikes for a clearer outlook for bullion. A weaker dollar makes greenback-priced bullion more attractive for buyers holding other currencies. [USD/] Spot gold was up 0.2% at $1,841.13 per ounce by 0200 GMT, after largely range-bound trading on Monday. U.S. gold futures firmed 0.1% to $1,842.90. However, benchmark U.S. 10-year Treasury yields rose, capping gains in zero-yielding gold. [US/] "The (gold) market is sitting tight as, after a historic week for global central banks; policymakers will get to explain the reasoning behind their decisions this week," said Stephen Innes, managing partner at SPI Asset Management. Close The U.S. Federal Reserve last week approved its largest interest rate increase in more than a quarter … [Read more...] about Gold inches higher as dollar dips; wider rate-hike narrative in focus

Gold, Gold prices, commodity prices Gold prices edged up on Tuesday in the international markets as the dollar eased, while investors kept a keen eye on posturing from major central banks on interest rate hikes for a clearer outlook for bullion. Spot gold was up 0.2% at $1,841.13 per ounce by 0200 GMT, after largely range-bound trading on Monday. US gold futures firmed 0.1% to $1,842.90. At 9.37am, gold contracts were trading 0.2 percent higher at Rs 50,836 for 10 grams on the Multi-Commodity Exchange ( MCX ), while silver added 0.46  percent to Rs 61,021 a kilogram. Gold and silver prices on Monday traded flat to negative and the price of the precious metal was struggling at a previous support zone as US markets were on holiday. In international markets gold settled at $1,840.60, down by 0.07% and silver was settled at $21.59, down by 0.20%. In domestic markets also gold settled at Rs 50,735 with a loss of 0.19% and silver settled at Rs 60744 with a loss of 0.32%, said … [Read more...] about Gold Prices Today: Yellow metal to stay range-bound amid volatile global markets; softer dollar to lend support

Oil pumping jacks, also known as "nodding donkeys", in an oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia, Nov. 19, 2020. Photographer: Andrey Rudakov/Bloomberg Oil prices skidded in early trade on Wednesday amid a push by U.S. President Joe Biden to bring down soaring fuel costs, including pressure on major U.S. firms to help ease the pain for drivers during the country's peak summer demand. U.S. West Texas Intermediate (WTI) crude futures fell $1.34, or 1,2%, to $108.18 a barrel at 0031 GMT, while Brent crude futures dropped $1.33, or 1.2%, to $113.32 a barrel. As the United States struggles to tackle soaring gasoline prices and inflation, U.S. President Joe Biden is expected on Wednesday to call for temporarily suspending the 18.4-cents a gallon federal tax on gasoline, a source briefed on the plan told Reuters. Biden had disclosed on Monday he was considering whether to call for a pause in the tax. "Even oil traders acknowledged that higher oil … [Read more...] about Oil prices slide as Joe Biden pushes for US fuel cost cuts

File image of former Union minister Yashwant Sinha Seventeen major Opposition parties on June 21 reached a consensus on pitching former Union minister Yashwant Sinha as their joint candidate for the presidential polls. "We have unanimously decided that Yashwant Sinha will be the common candidate of the Opposition for the presidential elections," Congress leader Jairam Ramesh, who attended the meeting of Opposition parties in New Delhi, told the media. "We are going to file the nomination for the presidential elections on 27th June at 11.30 am," added Sharad Pawar, the Nationalist Congress Party (NCP) chief, who also attended the meet. In a joint statement, the Opposition bloc also appealed to the Centre-ruling Bharatiya Janata Party (BJP) and its allies to extend support to Sinha, in order to get him elected unopposed. "Ideally, a consensus candidate of the government and the Opposition should be elected for the highest office of the Republic. However, the initiative … [Read more...] about Opposition parties unite to pick Yashwant Sinha as presidential nominee

Licypriya Kangujam from Manipur is a globally recognised climate activist. (Image credit: @LicypriyaK/Twitter) Licypriya Kangujam, 10, from Manipur, is a globally recognised climate activist. Surprisingly, people in her own country do not know her. She was recently referred to as a “foreign tourist” by a Samajwadi Party leader. He was responding to Kangujam’s tweet highlighting littering around the Taj Mahal . “It is very shameful that foreign tourists are showing a mirror to the government,” Manish Jagan Agrawal, Samajwadi Party ’s digital media coordinator, said on June 22. “This image of India and Uttar Pradesh has been created by the BJP government.” Soon, Licypriya Kangujam corrected him. “Hello sir, I'm a proud Indian. I'm not a foreigner,” she said. Hello Sir, https://t.co/KBshDFJzQM Close — Licypriya Kangujam (@LicypriyaK) June 22, 2022 The activist had on June 21 shared a photo of herself near the Taj Mahal. Plastic bags and … [Read more...] about Manipur activist Licypriya Kangujam was called ‘foreign tourist’ by a politician. Her response