WORLD

Russia Replaces Black Sea Fleet Chief After Crimea Setbacks

A view shows the Russian Black Sea Fleet's headquarters following a combat drone attack in Sevastopol
Russia has replaced the commander of its Crimea-based Black Sea Fleet, a state news agency reported on Wednesday, after a series of explosions rocked the peninsula it annexed in 2014 and had previously seen as a secure rear base for its war in Ukraine.
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A general view of the Norwegian central bank, where Norway's sovereign wealth fund is situated, in Oslo

Norway's Wealth Fund Loses $174 Billion In First Half Of 2022

Norway's sovereign wealth fund, the world's largest, made a loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022, it said on Wednesday, as stocks and bonds were hit by global recession fears and rampant price inflation.
Illustration picture showing U.S. dollar and China's yuan banknotes

China Pares Back Holdings Of U.S. Treasuries For 7th Month

China slashed holdings of U.S. Treasuries for a seventh consecutive month in June, Treasury department data released on Monday showed, with investors closely tracking this measure in the wake of tensions between the world's two largest economies involving Taiwan.
Wildfires in southwestern France

Carbon Emissions From French Wildfires Hit Record

Ongoing wildfires in France have already released record amounts of carbon into the atmosphere, new satellite data has shown https://atmosphere.copernicus.eu/intense-wildfire-activity-southwestern-europe-amid-heatwaves-and-dry-conditions?utm_source=press&utm_medium=outreach&utm_campaign=wildfires.
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