Author: LoveWorld UK

HOPES OF GREEN HYDROGEN INDUSTRY DASHED – As sector struggles with high costs Green hydrogen developers are scaling back or cancelling projects globally, citing high costs and unrealistic expectations. Once hailed as a key low-carbon fuel for hard-to-electrify industries like steelmaking and long-haul transport, green hydrogen is proving economically unviable for many. Peter Schniering, CEO of German think tank Future Cleantech Architects, said the fuel was “over-promised,” noting that while hydrogen is valuable as a chemical, it’s inefficient and costly as a fuel. Producing it requires large amounts of clean electricity, which remains in short supply as other sectors also…

MODI DEPARTS INDIA FOR STATE VISITS TO UK – Maldives is also on the visit schedule. Indian Prime Minister Narendra Modi departed today for a four-day trip to the UK and the Maldives. India and Britain will sign a free trade agreement on Thursday (July 24) during Modi’s UK visit, officials said, with New Delhi to ease tariffs on British whisky, cars and some food items, and the UK offering duty-free access to Indian textiles and electric vehicles. The pact, concluded in May after three years of stop-start talks, should boost bilateral trade by removing numerous barriers and granting each…

EU MEMBERS ALARMED BY UKRAINE REFORMS CURBS – Ukraine’s anti-corruption bodies being restricted in their functions President Volodymyr Zelenskyy has signed a controversial bill that hands sweeping authority to Ukraine’s prosecutor general over the country’s independent anticorruption agencies. This triggered the largest antigovernment protests on Tuesday since Russia’s full-scale invasion began in 2022. More protests are expected Wednesday. The new legislation, now law, gives the prosecutor general power to control and reassign investigations led by the National Anticorruption Bureau (NABU) and the Specialised Anti-Corruption Prosecutor’s Office (SAPO). NABU and SAPO are two key institutions that have long symbolised Ukraine’s post-Euromaidan…

ISRAEL  & KIEV IN TALKS ON IRAN AND DEFENCE – Kyiv first accused Iran of supplying Shahed kamikaze drones to Russia in autumn 2022 Israeli Foreign Minister Gideon Saar met his Ukrainian counterpart Andrii Sybiha in Kyiv to discuss defence cooperation and Iran. The ministers viewed a captured Iranian-designed Shahed drone, used by Russia as ‘Geran-2’ to attack Ukraine. Kyiv first accused Iran of supplying Shahed so-called kamikaze drones to Russia in autumn 2022, with Moscow’s troops subsequently using them extensively for regular long-range attacks. The Geran-2 is a Russian-made version based on the Shahed design. Saar said at a…

UK BORROWING HITS £20.7BN IN JUNE – Surge in debt interest and public spending outpaces tax income The UK government’s borrowing has soared to its second-highest level on record for the month of June, driven largely by a sharp rise in debt interest payments. According to the Office for National Statistics, the government borrowed £20.684 billion last month—exceeding economists’ expectations by nearly £4 billion. It’s the steepest June borrowing figure since the COVID-19 crisis in 2020, when emergency spending and furlough schemes pushed borrowing to historic highs.  Despite increases in income tax and national insurance contributions, rising costs for public…

BRITAIN AND TURKEY SIGN ACCORD- Ankara is set to use Eurofighter Typhoon fighters Britain and Turkey have signed a memorandum of understanding to allow Ankara to be a user of Eurofighter Typhoon fighters, in a big step toward securing the procurement of the jets over which Turkey has been negotiating for years. Turkey has been in talks to purchase 40 of the jets, which are built by a consortium of Germany, Britain, Italy, and Spain, represented by Airbus, BAE Systems and Leonardo. Earlier, the Spiegel magazine reported that Germany had also cleared the way for the delivery of 40 jets…

WATER REGULATION SHAKE-UP PROPOSED IN LANDMARK REVIEW – Calls made for single UK regulator, water metering & regional reform A major overhaul of how water companies are regulated across England and Wales has been proposed in what’s being described as a once-in-a-generation review of the industry. Led by former Bank of England deputy governor Sir Jon Cunliffe, the Independent Water Commission is calling for the creation of a single UK-wide water regulator, alongside a dedicated body for Wales. The aim is to simplify oversight, increase accountability, and restore public trust in the sector. The sweeping report includes 88 recommendations, among…

RFK JR. AND RUBIO REJECT WHO’S PANDEMIC TREATY POWER GRAB – The WHO sought to create pandemic emergencies with sweeping measures with no accountability In a decisive move against unelected global influence, U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has formally rejected the World Health Organisation’s controversial International Health Regulations (IHR) amendments, warning Americans of the grave threat they pose to national sovereignty and personal freedom. In a direct and passionate message to the nation, Kennedy asked a chilling question: “Are we going to be subjects to a technocratic control system that uses health risks and pandemic…

JAPAN PM ISHIBA VOWS TO STAY ON AFTER ELECTION DEFEAT – Ishiba cites U.S. tariff talks in decision to remain Japanese Prime Minister Shigeru Ishiba said he needed to continue in office to deal with trade tariff negotiations with the United States and other economic issues following a bruising defeat in upper house elections. The embattled prime minister told a news conference he would remain in office to ‘achieve an agreement that is beneficial to both Japan and the U.S’ and other pressing matters, such as rising consumer prices that are straining the world’s fourth-largest economy. The 68-year-old leader said…

IRAN, E3 AGREE TO RESUME NUCLEAR TALKS – Failure to resume talks could trigger renewed sanctions on Tehran Iran and the three European countries of France, Germany and Britain, collectively known as the E3, have agreed to resume negotiations over Tehran’s nuclear program, the semi-official Tasnim news agency reported Sunday. Quoting an “informed source” without giving the name, Tasnim said Iran and the E3 are holding consultations on the date and venue of the negotiations. According to the report, the upcoming negotiations are expected to be held at the level of deputy foreign ministers. Iran and the E3 have held…