South Korea President Lee promises to help companies minimise difficulties from competing globally
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The Star
2 hours ago
- The Star
Trump, Zelenskiy discuss weapons, escalating Russian strikes
An explosion of a drone lights up the sky over the city during a Russian drone and missile strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 4, 2025. REUTERS/Gleb Garanich KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy said he discussed air defences in a conversation with U.S. President Donald Trump on Friday, and agreed to work on increasing Kyiv's capability to "defend the sky" as Russian attacks escalate. He added in his account on Telegram that he discussed joint defence production, as well as joint purchases and investments with the U.S. leader. Ukraine has been asking Washington to sell it more Patriot missiles and systems that it sees as key to defending its cities from intensifying Russian air strikes. A decision by Washington to halt some shipments of weapons to Ukraine prompted warnings by Kyiv that the move would weaken its ability to defend against Russia's airstrikes and battlefield advances. Germany said it is in talks on buying Patriot air defence systems to bridge the gap. The conversation came a day after Trump said he had a disappointing call with Russian President Vladimir Putin. Russia pummelled Kyiv with the largest drone attack of the war across the capital, hours after Trump's conversation with Putin on Thursday. Zelenskiy called the attack "deliberately massive and cynical." Trump spoke with German Chancellor Friedrich Merz on Thursday, according to Spiegel magazine, citing government sources. The two leaders discussed the situation in Ukraine, including strengthening its air defences, as well as trade issues, Spiegel reported on Friday. (Reporting by Doina Chiacu, Tim Gardner and Max Hunder; Editing by Louise Heavens, Peter Graff and Sharon Singleton)
The Star
3 hours ago
- The Star
Peru ramps up fight against illegal mining, kicks most informal miners off permit scheme
LIMA (Reuters) -Peru's government has excluded 50,500 informal miners from a temporary program that would allow them to continue operations, the minister of energy and mines said on Friday. Only 30,500 small-scale miners will remain in the program, called REINFO, to seek formalization and the government will reinforce its efforts against illegal miners, minister Jorge Montero told a local radio station. (Reporting by Marco Aquino; Editing by ALexander Villegas)
The Sun
5 hours ago
- The Sun
Germany proposes new law to boost geothermal energy expansion
BERLIN: Germany's economy ministry presented a draft law on Friday that would accelerate the expansion of geothermal energy projects, as Berlin aims to phase out the use of fossil fuels in heating systems by 2045. Germany possesses some of Europe's largest geothermal reserves, which could cover more than a quarter of its annual heating demand, a study by Fraunhofer Institute showed in 2023. But development has long been stalled by local resistance and regulatory red tape. The new bill offers simplified approval procedures for geothermal facilities, heat pumps, heat storage, and heating pipelines. It would legally designate these projects as being of 'overriding public interest', similar to the status given to wind and solar energy, and push for accelerated permitting through changes in mining, water, and environmental laws. It would also give government mining authorities fixed deadlines for project approval procedures and ease restrictions on geothermal exploration. Under the bill, mining authorities would be able to waive a requirement for an operational plan for larger heat generation projects under certain conditions and would be required to respond within set deadlines when notified of planned drilling activities. It also gives them the power to require geothermal companies to provide financial security against potential mining damages related to their projects. The renewed interest in geothermal energy in Germany follows an energy price spike resulting from Russia's 2022 invasion of Ukraine that prompted major municipal utilities — as well as German and international fossil fuel firms — to explore new investment opportunities in the sector. Germany's ambitions to cut greenhouse emissions in the building sector, where heating is the main emissions contributor, has also boosted interest in geothermal energy. The new bill, which the economy ministry hopes will enter into force at the start of next year, must now be approved by Germany's cabinet as well as the lower and upper houses of parliament. - Reuters
