Latest news with #DailySabah
Yahoo
11-07-2025
- Business
- Yahoo
New report reveals surprising investment outlook in emerging energy sector: 'A key driver'
Investments in clean energy technology are expected to double those in fossil fuel projects this year, marking significant growth for solar, wind, and other renewable power sources. The Daily Sabah highlighted a new report from the International Energy Agency, which found that global energy investments are set to reach $3.3 trillion, with a record $2.2 trillion of that going toward investments in nuclear, solar and energy storage, electrical grids, low-carbon fuels, solar, wind, and other green tech. According to the IEA's annual World Energy Investment report, the push for more renewable energy is driven not only by global efforts to reduce heat-trapping pollution, but by also the increasing affordability of clean energy, along with concerns about energy security amid "elevated geopolitical tensions." Additionally, global electricity demand is surging, partly due to the rapid growth of energy-hungry data centers and artificial intelligence-powered technologies, creating a need for more sustainable power generation to meet industry needs. At the same time, investments in coal, natural gas, and oil are projected to decline to just $1.1 trillion, marking a global shift as society moves away from polluting fuels to cheaper, cleaner sources. As the clean energy transition continues to accelerate, it presents a perfect opportunity to invest in green businesses and stocks that are driving progress toward a more sustainable future. Backing eco-friendly companies and industries makes long-term financial sense and promotes continued technological innovation, helping to boost local economies, create jobs, and reduce dependence on fossil fuels. The more investors, governments, and companies work to bring clean energy online, the healthier the planet and communities will be, as it will contribute to better air quality, less pollution, and a more resilient environment. "Amid the geopolitical and economic uncertainties that are clouding the outlook for the energy world, we see energy security coming through as a key driver of the growth in global investment this year to a record $3.3 trillion as countries and companies seek to insulate themselves from a wide range of risks," IEA chief Fatih Birol said in a statement. "The fast-evolving economic and trade picture means that some investors are adopting a wait-and-see approach to new energy project approvals, but in most areas, we have yet to see significant implications for existing projects." Do you think more places of worship should embrace clean energy? Yes — it sets a positive example Only if it saves money No opinion Absolutely not Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet. Sign in to access your portfolio
Zawya
26-05-2025
- Business
- Zawya
Turkey starts dumping probe on some Chinese imports: Report
Turkey has launched an anti-dumping investigation into the import of certain Chinese products, a media report said. The products include solar panel junction boxes, sodium gluconate and aluminum frames for photovoltaic panels, Daily Sabah newspaper reported, quoting a trade ministry communique. These imports have caused material damage to domestic producers, the report said. Last year, Ankara imposed anti-dumping duties on some steel imports from China, Russia, India and Japan, with the highest tariffs on Chinese imports. The duties imposed will range between 6.10 percent to 43.31 percent of the cost, insurance and freight (CIF) prices. (Writing by P Deol; Editing by Anoop Menon) (
The National
07-05-2025
- The National
Turkey intercepted second batch of pagers rigged with explosives after Israeli attack on Hezbollah
Turkey 's intelligence services intercepted a shipment of explosive-rigged electronics on its way to Lebanon last September, possibly preventing a repeat of the lethal Israeli attacks on the Hezbollah militant group days earlier, Turkish media and officials said. Turkey's spy agency, the MIT, received intelligence that a shipment weighing 850kg, containing 1,300 pagers and 710 charging devices, arrived at Istanbul Airport in September 2024, the Daily Sabah newspaper reported, one day before a wide-scale Israeli attack in Lebanon that blew up thousands of pagers in use by Hezbollah members. A Turkish intelligence official said there was no official statement on the Daily Sabah report, but told The National that its details were correct. MIT launched an operation, using information that the shipment from Hong Kong, labelled as "food choppers", was scheduled to depart from Istanbul to Beirut through the Turkish city's main airport, Daily Sabah said. Istanbul Prosecutor's Office ordered the confiscation of the cargo, and the shipment was transferred to a laboratory where analysis revealed three grams of a white, unidentified explosive material placed inside each pager's battery block, along with detonator fuses. An analysis of the desktop chargers and batteries also found a brown coloured explosive material that had been inserted into the batteries. Speaking to the Associated Press, a Hezbollah spokesman said that days after the September 17 pagers attack in Lebanon and Syria, Hezbollah informed Turkish intelligence that a shipment of pagers was in Turkey and about to be sent to Lebanon. Turkish authorities confiscated the pagers and most likely destroyed them, the Hezbollah spokesman said, without adding detail. Daily Sabah did not clarify what happened to the charging devices and pagers, which were from the Taiwanese manufacturer Gold Apollo, the newspaper's report added. Israel confirmed last year that it carried out the pager and walkie-talkie attacks in Lebanon in September, although the Israeli military did not immediately respond to The National 's request for comment on the Turkish interception of another shipment of rigged devices. The explosions represented a huge escalation in the conflict with the Lebanese militant group that had been ongoing since the Hamas-led attacks on southern Israel on October 7, 2023. Hezbollah's leader Hassan Nasrallah was killed in an Israeli strike on Beirut 10 days later, and the cross-border fighting only eased in late November, when a ceasefire came into force. The pager attack killed dozens of people and wounded thousands more, including civilians. Two children were among those killed. It is not clear why the details of the Turkish interception have come to light now. Turkey's relations with Israel have significantly deteriorated since the October 7 attacks and the subsequent war in Gaza, which Turkish officials have vigorously opposed. Ankara also has frosty relations with Hezbollah: they supported opposing sides in the Syrian civil war, and the militant group receives backing from Iran, one of Turkey's major regional rivals.
Nahar Net
07-05-2025
- Politics
- Nahar Net
Hezbollah says it tipped off Turkey on seized pagers shipment
by Naharnet Newsdesk 07 May 2025, 11:57 Turkey's intelligence service thwarted a remote attack using pagers last year in Lebanon, days after similar attacks by Israel killed dozens and wounded thousands, including members of Lebanon's Hezbollah group, a Turkish daily and officials said. Daily Sabah reported that 1,300 pagers and 710 chargers rigged with explosives were confiscated inside a cargo shipment at Istanbul Airport that was on its way to Beirut from Hong Kong. A Turkish security official, speaking on condition of anonymity in line with regulations, confirmed the report but would not provide further details. In Beirut, Hezbollah's chief spokesman Youssef el-Zein told The Associated Press Tuesday that days after the Sept. 17 pagers attack in Lebanon and Syria, Hezbollah informed Turkish intelligence that a shipment of pagers was in Turkey and about to be sent to Lebanon. El-Zein said Turkish authorities confiscated the pagers and most likely destroyed them. He had no further details. The Israeli military did not immediately respond to an AP request for comment on the report. Israel triggered the Sept. 17 attack when pagers all over Lebanon started beeping. The devices exploded even if a person carrying one failed to push buttons to read an incoming encrypted message. The next day, Israel activated walkie-talkies, some of which exploded at funerals for some of the people who were killed in the pager attacks. The attacks marked a major escalation in the Israel-Hezbollah war that started after Hamas launched its attack on southern Israel on Oct. 7, 2023, triggering the ongoing war in the Gaza Strip. Although the Lebanon attack struck many Hezbollah members, civilians were also killed or wounded. At least 37 people were killed, including two children, and some 3,000 were wounded in the two-day explosions. Daily Sabah said that acting on a tip that a shipment of pager devices would be in Istanbul to be delivered to Lebanon two days after the attacks, Turkish intelligence agents launched an operation. The newspaper said that authorities discovered a shipment that arrived in Istanbul from Hong Kong one day before the Lebanon explosions. The cargo had 61 boxes and was scheduled to depart from Istanbul to Beirut on Sept. 27 through Istanbul Airport. The cargo was described as a shipment of food choppers, Daily Sabah said. Inside, authorities found 1,300 Gold Apollo brand pagers and 710 desktop chargers. After the pagers attack, Israel expanded the war against Hezbollah with strikes that killed nearly 500 people on Sept. 23, forcing hundreds of thousands to flee their homes. On Sept. 27, Israeli airstrikes on a southern suburb of Beirut killed Sayyed Hassan Nasrallah, Hezbollah's leader and one of its founding members, in the biggest blow for the Iran-backed group. The war ended on Nov. 27, when a U.S.-brokered ceasefire went into effect.
Indian Express
06-05-2025
- Politics
- Indian Express
Turkey thwarted another attack with pagers in Lebanon last year, officials say
Turkey's intelligence service thwarted a remote attack using pagers last year in Lebanon, days after similar attacks by Israel killed dozens and wounded thousands, including members of Lebanon's Hezbollah group, a Turkish daily and officials said Tuesday. Daily Sabah reported that 1,300 pagers and 710 chargers rigged with explosives were confiscated inside a cargo shipment at Istanbul Airport that was on its way to Beirut from Hong Kong. A Turkish security official, speaking on condition of anonymity in line with regulations, confirmed the report but would not provide further details. In Beirut, Hezbollah's chief spokesman Youssef el-Zein told The Associated Press Tuesday that days after the September. 17 pagers attack in Lebanon and Syria, Hezbollah informed Turkish intelligence that a shipment of pagers was in Turkey and about to be sent to Lebanon. El-Zein said Turkish authorities confiscated the pagers and most likely destroyed them. He had no further details. The Israeli military did not immediately respond to a request for comment on the report. Israel triggered the Sept. 17 attack when pagers all over Lebanon started beeping. The devices exploded even if a person carrying one failed to push buttons to read an incoming encrypted message. The next day, Israel activated walkie-talkies, some of which exploded at funerals for some of the people who were killed in the pager attacks. The attacks marked a major escalation in the Israel-Hezbollah war that started after Hamas launched its attack on southern Israel on Oct. 7, 2023, triggering the ongoing war in the Gaza Strip. Although the Lebanon attack struck many Hezbollah members, civilians were also killed or wounded. At least 37 people were killed, including two children, and some 3,000 were wounded in the two-day explosions. Daily Sabah said that acting on a tip that a shipment of pager devices would be in Istanbul to be delivered to Lebanon two days after the attacks, Turkish intelligence agents launched an operation. The newspaper said that authorities discovered a shipment that arrived in Istanbul from Hong Kong one day before the Lebanon explosions. The cargo had 61 boxes and was scheduled to depart from Istanbul to Beirut on Sept. 27 through Istanbul Airport. The cargo was described as a shipment of food choppers, Daily Sabah said. Inside, authorities found 1,300 Gold Apollo brand pagers and 710 desktop chargers. After the pagers attack, Israel expanded the war against Hezbollah with strikes that killed nearly 500 people on Sept. 23, forcing hundreds of thousands to flee their homes. On Sept. 27, Israeli airstrikes on a southern suburb of Beirut killed Hassan Nasrallah, Hezbollah's leader and one of its founding members, in the biggest blow for the Iran-backed group. The war ended on November. 27, when a US-brokered ceasefire went into effect.
