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Australia, New Zealand hit by large-scale technical outage
Australia, New Zealand hit by large-scale technical outage
by  AFP

A large-scale outage wrought havoc on IT systems across Australia and New Zealand on Friday, causing travel delays, hampering television broadcasts, and forcing supermarket systems offline. Australia national broadcaster ABC said its systems had been crippled by a "major" glitch, derailing some television and radio broadcasts.

Renewable electricity to outstrip coal next year: IEA
Renewable electricity to outstrip coal next year: IEA
by  AFP

The amount of electricity produced from renewable sources worldwide is set to surpass output from coal-fired plants for the first time in 2025, the International Energy Agency said Friday. Hydroelectric, solar, wind and other renewable sources are forecast to provide 35 percent of global supply next year, up from 30 percent in 2023, the agency said.

Beijing vows to ease local government debt woes after key meeting
Beijing vows to ease local government debt woes after key meeting
by  AFP

Chinese officials pledged Friday to help ease debt pressure on local governments through reforms to the tax system, after a key political gathering in the capital focused on jumpstarting the faltering economy. But few new policies were announced as the meeting wrapped up Thursday, with officials pledging to tackle "risks" in the economy.

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