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Top Panama court says contested mining contract 'unconstitutional'
Panama's Supreme Court on Tuesday declared that a contract allowing a Canadian company to continue operating Central America's biggest copper mine was "unconstitutional." "We have unanimously decided to declare the entire law 406 unconstitutional," said Supreme Court president Maria Eugenia Lopez, referring to the law governing the contract with the Canadian mining firm.
Busan, Riyadh or Rome? 2030 World Expo host to be revealed
The host of the 2030 World Expo will be chosen on Tuesday, with Rome in Italy, the Saudi capital Riyadh and South Korea's Busan contending to welcome the showpiece event held every five years. This year's event has been the subject of particularly intense lobbying from Italy, Saudi Arabia and South Korea, whose governments are all keen to have the honour of the 2030 World Expo.
Virgin pilots first transatlantic flight with low-carbon fuel
British airline Virgin Atlantic on Tuesday piloted the first long-haul flight powered entirely by Sustainable Aviation Fuel (SAF), an event environmental groups labelled "greenwashing". Virgin said it was the first time SAF had been used "in both engines, by a commercial airline, for long-haul flight".
Norway court hears lawsuit over state's oil plans
A court began hearing Tuesday a lawsuit against Norway over oil and gas development plans, with environmental groups saying the country is throwing "gasoline on the fire" of the climate crisis. "Whilst Norway acknowledges the climate crisis, it throws gasoline on the fire by opening up new oil fields," he said, calling the country "a climate hypocrite".
Virgin set for first long-haul flight with low-carbon fuel
British airline Virgin Atlantic on Tuesday operates the first transatlantic flight powered entirely by Sustainable Aviation Fuel (SAF), but environmental groups criticised the event as "greenwashing".
Scholz defends spending as budget crisis rocks Germany
German Chancellor Olaf Scholz on Tuesday staunchly defended his government's record on spending after a bombshell court ruling on crucial debt rules sparked a budget crisis. But the ruling is also impacting other "off budget" funds, with the government now having to account for the extra spending in its main budget.
EasyJet returns to profit but warns of Gaza war impact
British no-frills airline EasyJet on Tuesday announced its first annual profit since the outbreak of the Covid pandemic but warned that the Israel-Hamas war will impact its winter results. EasyJet chief executive Johan Lundgren gave an upbeat outlook, even if the group saw a negative impact from the Israel-Hamas war.
Why you should care about the budget crisis rocking Germany
German Chancellor Olaf Scholz will address parliament Tuesday about an escalating budget crisis triggered by a bombshell court ruling that his government breached constitutional debt limits. - When Angela Merkel was chancellor in 2009, Germany enshrined a so-called "debt brake" in its constitution.
Xi says China must protect foreign firms' rights, intellectual property
Chinese leader Xi Jinping has ordered greater protection for international firms' rights and intellectual property, state media reported Tuesday, as Beijing works to lure in foreign companies spooked by a crackdown and an ailing economy.
AFP
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