European Union regulators set to pause subsidy probe into ADNOC’s Covestro deal
ADNOC's acquisition of Covestro in October 2024 was the largest to date and marked one of the biggest foreign takeovers of a European Union company by a Gulf state...
Tag : subsidies
Why do countries still subsidise fossil fuels?
Fossil fuels are the leading source of greenhouse gas emissions, which are the primary driver of global warming...
Petrol price 40% cheaper in Nigeria than Saudi Arabia doesn’t make sense: Aliko Dangote
Noting that all other nations have done away with fuel subsidies, Aliko Dangote clarified that the Nigerian government could no longer afford the burden of subsidies...
Kenya’s economic mess: Whom to blame?
President William Ruto’s now-withdrawn tax hikes as well as similar legislation passed in 2023 are both linked to IMF loans as Kenya staggers under the weight of a heavy debt crisis...
China: Going with the wind
There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...