BRICS challenge to World Bank

May 3, 2024 CEN_com 0

End of Western hegemony: BRICS+ challenge World Bank Since its formation the World Bank has promoted and consolidated Western hegemony, imposed draconian neo-liberal economic policies and perpetuated global inequalities The World Bank has been the target of extensive criticism over the years by developing nations, centering on its operational practices and the broader implications of its policies. These criticisms include allegations of promoting Western hegemony and perpetuating global inequalities, as […]

China helps Ethiopia with off-grid solar

April 29, 2024 CEN_com 0

Ethiopian utility and Huawei sign MoU to provide solar electricity to communities in off-grid areas Ethiopia, which joined the BRICS group of emerging economies on 1 January 2024, currently generates around 90% percent of its electricity from renewable sources due to its large hydropower capacity. However, according to the World Bank only just over half of Ethiopia’s population has access to electricity. The Ethiopian Electric Utility (EEU) signed a memorandum of […]

West’s new narrative against China: overcapacity

April 28, 2024 CEN_com 0

During her visit to China at the beginning of April, US Treasury Secretary Janet Yellen expressed her concern about an alleged overcapacity in the Asian giant’s new energy sector. In the last few weeks, this idea has been circulating in the Western media, accusing the Chinese government’s subsidies to energy sector companies as “unfair”. The decision to subsidize an industrial sector is a national sovereignty judgement of the country and […]

New anti-China narrative: overcapacity

April 28, 2024 CEN_com 0

During her visit to China at the beginning of April, US Treasury Secretary Janet Yellen expressed her concern about an alleged overcapacity in the Asian giant’s new energy sector. In the last few weeks, this idea has been circulating in the Western media, accusing the Chinese government’s subsidies to energy sector companies as “unfair”. The decision to subsidize an industrial sector is a national sovereignty judgement of the country and […]

BRICS invites Serbia to summit in October

April 26, 2024 CEN_com 0

Various media sources have reported that the BRICS bloc has invited Serbia to its next summit in Russia later this year. Russia holds the BRICS presidency in 2024, with the central event of its presidency being the summit of BRICS leaders in Kazan in October. Serbian President Aleksandar Vučić has stated that he will consider participating in the BRICS summit in Kazan. If Serbia does attend the BRICS summit and […]

BRICS invites Serbia to summit in October

April 26, 2024 CEN_com 0

Various media sources have reported that the BRICS bloc has invited Serbia to its next summit in Russia later this year. Russia holds the BRICS presidency in 2024, with the central event of its presidency being the summit of BRICS leaders in Kazan in October. Serbian President Aleksandar Vučić has stated that he will consider participating in the BRICS summit in Kazan. If Serbia does attend the BRICS summit and […]

EU to limit Chinese wind turbines?

April 17, 2024 CEN_com 0

Photo: A wind farm in China’s northern Hebei province. Like solar panels, EVs and lithium-ion batteries, China saw robust growth in exports of wind turbines last year: Xinhua EU limits on Chinese wind turbines could jeopardise climate targets On 9 April, 2024 the European Union announced it would launch a subsidy investigation into Chinese wind turbine suppliers in several EU countries, as the bloc steps up trade protectionism against China’s […]

EU to limit Chinese wind turbines?

April 17, 2024 CEN_com 0

Photo: A wind farm in China’s northern Hebei province. Like solar panels, EVs and lithium-ion batteries, China saw robust growth in exports of wind turbines last year: Xinhua EU limits on Chinese wind turbines could jeopardise climate targets On 9 April, 2024 the European Union announced it would launch a subsidy investigation into Chinese wind turbine suppliers in several EU countries, as the bloc steps up trade protectionism against China’s […]

China solar for Suriname remote villages

April 13, 2024 CEN_com 0

BRI: China helps Suriname solve power shortage in remote villages Under the Belt and Road Initiative, China is helping local people in remote areas build small hybrid power plants in the South American country of Suriname. Nine of the villages are so remote that diesel can only be brought in by boat on the river. In May 2018 Suriname signed a memorandum of understanding with China to jointly build the […]

Major global environmental treaties US won’t ratify

April 12, 2024 CEN_com 0

Published 2021/08/23 Most of the world’s countries support these global agreements on conservation and pollution. China has ratified each of them, but the United States of America refuses In one of his first acts after taking power US, President Biden signed an executive order to have the United States rejoin the Paris climate agreement. This was expected by the international community, and it was described by the new US regime […]