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Tree branches to fleece jackets: Chemicals plant in Germany bets on biomass
Tree branches to fleece jackets: Chemicals plant in Germany bets on biomass

Staring at a pile of freshly cut beechwood, forestry manager Johannes Brodowski wonders if he is looking at the future of Germany's chemicals industry. Germany's traditional chemicals industry has been battered by high energy prices and cheap competition from Asia, with national output now at its lowest level since 1995.

by  AFP

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Sahel juntas pile pressure on foreign mining firms
Sahel juntas pile pressure on foreign mining firms
by  AFP

Army strongmen who have seized power in coups across Africa's Sahel region since 2020 have ramped up pressure on foreign mining companies in the name of greater control over their countries' riches.

Putin says recession in Russia 'must not be allowed to happen'
Putin says recession in Russia 'must not be allowed to happen'
by  AFP

President Vladimir Putin on Friday urged officials not to let Russia fall into recession "under any circumstances", as some in his own government warned of a hit to economic growth. "Some specialists and experts are pointing to the risks of stagnation and even a recession," Putin told attendees at Russia's flagship economic forum in Saint Petersburg.

Macron says Europe must become 'space power' again
Macron says Europe must become 'space power' again
by  AFP

President Emmanuel Macron said Friday that Europe must again become a global space power, warning that France risked being squeezed out of the global low-orbit satellite constellation market. He warned that Europeans were "on the verge of being completely" squeezed out of the low Earth orbit (LEO) satellite constellation market.