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19879 articles published since 08 Mar 2022

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Egypt dims lights to boost foreign reserves
Egypt dims lights to boost foreign reserves
Business and Economy

An economic crisis spurred by the Ukraine war is casting darkness upon Egypt's streets, as the government dims lights to free up energy for export and bolster hard currency reserves. Among the measures to conserve energy were "reducing lighting in streets and public squares."

Ethereum crypto overhaul targets environmental impact
Ethereum crypto overhaul targets environmental impact
Business and Economy

The world's second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain technology to curb the network's much-criticised environmental impact. "The ethereum blockchain is the base layer infrastructure of the majority of the whole crypto ecosystem," summarised Lennart Ante, CEO and co-founder of the Blockchain Research Lab.

In Germany, the stuttering bid to jumpstart coal plants
In Germany, the stuttering bid to jumpstart coal plants
World

A year after the last wisps of smoke disappeared into the skies from the imposing chimneys of the Moorburg coal plant, hopes had grown that the mothballed site would see new life as Germany scrambles to secure energy supplies. Further south from Moorburg, energy group Uniper will on Monday fire up its Heyden 4 site, which had been a reserve plant since mid-2021.

China's jobless youth left in the lurch
China's jobless youth left in the lurch
World

China's slowing economy has left millions of young people fiercely competing for an ever-slimming raft of jobs and facing an increasingly uncertain future. - Slim prospects - Analysts blame a slowing economy crippled by Covid lockdowns, as well as the large cohort entering the labour force during the graduating season in July and August, for the slim prospects facing China's youth.

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