Home » continent
Tag:

continent

World

Trump changes line and approaches Moscow: «He wants a summit with Putin and Zelensky within the week. On the table two important points “

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

“`html

Ukraine–Russia Negotiations intensify:⁣ Trump⁢ Seeks Donbass Resolution

Table of Contents

Washington D.C. – Efforts to de-escalate the conflict ⁣in Ukraine have entered⁤ a critical phase, with former U.S. President Donald Trump spearheading direct‌ negotiations⁤ between Kyiv and Moscow. The talks,‌ initiated following a recent summit in‌ Alaska, center on a potential agreement regarding the Donbass region and security assurances for ⁤Ukraine, signaling a strategic shift in⁣ the ongoing geopolitical landscape.

Initial Impasse and Shifting Focus

Initial ⁤attempts to secure a⁢ ceasefire between Russia and ukraine‌ proved unsuccessful, ⁤with Vladimir Putin rejecting a request made by Trump during the Alaska summit. Despite this setback,the focus has quickly turned to facilitating a trilateral summit involving​ Trump,Ukrainian President Volodymyr Zelenskyy,and Putin ⁣within the next week. A key obstacle remains reaching a consensus on territorial exchanges.

According to Keith ⁤Kellogg, a U.S. correspondent for Ukraine, the White House aims to⁢ address two primary​ points: agreeing on territorial exchanges and establishing security guarantees for Ukraine. Trump ⁣reportedly informed European partners of his intention to⁢ convene the ⁢three-way summit by next Friday.

European response ⁢and Proposed Summit

Zelenskyy has been invited to Washington, D.C., with several European leaders‌ also expected to participate, ⁤either in person or remotely. ​Yesterday, European leaders recalibrated their position, issuing a joint statement signed by key figures including German Chancellor Friedrich Merz, French President Emmanuel Macron, British Premier Keir Starmer, Italian Prime Minister Gior

0 comments
0 FacebookTwitterPinterestEmail
Health

Antarctica Signal: Scientists Baffled by Strange Discovery

by Dr. Michael Lee – Health Editor
written by Dr. Michael Lee – Health Editor

Mysterious Radio Signals Detected Beneath Antarctica Baffle scientists

Antarctica – A newly discovered and perplexing radio signal emanating from beneath teh Antarctic ice sheet is leaving scientists baffled. The signal, detected by the Antarctic Impulsive Transient Antenna (ANITA) during experiments at over 29km above the surface, originates from approximately 30 degrees below the ice [[3]]. This is highly unusual, as signal-carrying particles should be absorbed by the Earth’s rocks before reaching the surface.

The ANITA experiment, designed to detect neutrino interactions from outer space, rather captured these unexpected radio emissions traveling through thousands of miles of rock [[3]]. Scientists have so far been unable to explain the signal’s origin using conventional particle physics.

“This is a signal that arises from an extreme point of view. there is no clarification of standard particles that can explain where the signal can appear,” stated one observer [[3]].

Possible sources, including neutrinos and cosmic rays, have been considered and largely dismissed. Antarctica’s remote location minimizes signal interference, further highlighting the anomaly.Researchers suggest the signal may be due to previously unknown wave propagation effects [[3]].The discovery raises questions about what lies beneath the Antarctic ice and whether this signal could be indicative of unforeseen natural phenomena. Further examination is underway to unravel the mystery.

Read More: NASA Captures Photo of Giant Volcano, arsia Mons Mars

0 comments
0 FacebookTwitterPinterestEmail
Technology

A giant bubble under the earth’s crust could tear the continent in two! What is it?

by Rachel Kim – Technology Editor
written by Rachel Kim – Technology Editor

Giant Magma Bubble Threatens to Split Africa in Two

Scientists have uncovered a colossal plume of scorching rock beneath East Africa. This finding could rewrite geological understanding, potentially leading to the continent’s dramatic fracturing and the formation of a new ocean over millions of years.

Hidden Inferno Beneath Africa

Recent research, published in *Geophysical Research Letters*, offers compelling evidence of a massive thermal anomaly. This super-heated mass of rock, originating from deep within Earth, is rising beneath East Africa. It confirms prior theories about the region’s geological activity.

The research, a collaboration led by the University of Glasgow and the Geothermal Development Company of Kenya, relied on analyzing gases from the Menengai geothermal field. The neon isotopes within these gases were key, offering an isotopic fingerprint linked to the Earth’s primitive mantle.

The neon isotope composition is identical to that of the original Earth mantle, found in volcanoes across Ethiopia and Malawi. This indicates that a shared geothermal source feeds magma thousands of kilometers apart.

Volcanic gases reveal the presence of a superpume under East Africa. Credit: University of Glasgow.

The discovery shifts understanding of East Africa’s volcanic and tectonic activity. Geologists now know the driving force originates deep within the planet.

Transformative Impacts

The superplume significantly impacts the landscape. It elevates the eastern African region. Plateaus, mountain ranges, and volcanoes all show this ongoing, deep-seated pressure.

This uplift also changed the regional climate. Paleontologists theorize that this also contributed to the evolution of bipedalism in human ancestors, by creating diverse environments.

On the tectonic level, the effects are evident. The Earth’s crust displays signs of stretching. Large fractures and strong seismic activity are evidence of the continent splitting. Geological models suggest East Africa could detach and birth a new ocean in the next 5 to 10 million years.

Implications and Risks

The geothermal activity in regions like Menengai offers clean, renewable energy. Kenya currently uses it to generate electricity. Knowledge about these deep sources could improve its sustainable development. Globally, geothermal energy provides about 0.3% of the world’s electricity, and could increase with further discoveries (EIA, 2024).

However, superplumes carry risks, including earthquakes and potential toxic gas releases. Understanding these structures is essential to mitigating natural disasters.

A New View

This research marks a turning point in modern geology. It confirms a superplume beneath Africa and prompts rethinking the continent’s future. The seemingly stable land is being shaped by slow forces, hidden from view. These forces are capable of reshaping entire continents.

0 comments
0 FacebookTwitterPinterestEmail
World

Epirus: Fine of 800,000 Euros for Waste Management – 2024-09-02 13:36:27

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

These questions concern critical issues that affect both environmental management and infrastructure development in the region.

The 800,000 Euro Fine for Waste Management

The first question is related to the fine of 800,000 euros imposed on the Region of Epirus and the Solid Waste Management Agency (FODSA). The fine was notified on June 20, 2024 and concerns audits carried out in 2022, which revealed the lack of approval by the Audit Court for the modification of the landfill’s operating contract. This fine has created concern about the financial impact on the District and FODSA, as well as about the procedures followed in amending the contract.

“Epiros Olon” requests the Regional Authority to provide clear explanations regarding the imposition of the fine and the actions taken to address the situation. In particular, it is requested to clarify whether mistakes were made in the process of amending the contract and what the consequences are for waste management in the area.

Projects and Problems in the Industrial Area of ​​Preveza

The second question of the “Epiros Olon” faction concerns the infrastructure problems in the Industrial Area (BI.PE.) of Preveza. The focus is on the delay in the implementation of projects that have been deemed necessary for the proper functioning of the BI.PE., as well as the treatment of serious problems, such as the presence of Roma in the area, who were considered responsible for recent fires.

The faction requests to be informed if the studies and tenders for the important infrastructure projects in VI.PE have been completed. Preveza It is also asked which bodies participated in the relevant meetings and whether all businesses established in the area were sufficiently represented. In addition, it is requested to disclose the projects that have been decided to be implemented, the sources of their funding, as well as the decisions taken regarding the treatment of the Roma problem.

Issues of Development and Social Peace

The question about the projects in VI.PE. Preveza is not limited only to the development of infrastructure, but also extends to social issues that concern the region. The presence of the Roma and their recent arrests, due to the charge of causing fires, highlight the need for measures to ensure social peace and the protection of businesses. “Epiros Olon” requires information on the actions that have been taken in this direction.

Answers are expected

The faction “Epiros Olon” with these questions seeks to ensure transparency and accountability in the management of issues concerning the Region of Epirus. The answers that will be given during the accountability process of the Regional Authority will largely determine the context of the public debate on the effectiveness of local authorities in the management of critical issues concerning the daily life and development of the region.

The next meetings of the Regional Council will be crucial to see if the Regional Authority will respond to the concerns of the opposition and if it will be able to provide the necessary clarifications and solutions to the issues raised.

#Epirus #Fine #Euros #Waste #Management

0 comments
0 FacebookTwitterPinterestEmail
World

Wind energy association: China must comply with rules

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

From the point of view of the European wind energy association WindEurope, fair competition conditions must be the basic prerequisite for Chinese wind energy companies to gain access to the EU market. “The Chinese turbine manufacturers are knocking hard on the door and want to enter the European market, as they did 15 years ago with solar and Photovoltaics made,” WindEurope boss Giles Dickson told the German Press Agency in Rostock.

Chinese companies are sometimes undercutting the prices of European manufacturers by 30 to 50 percent and are also granting payment deferrals of several years. “They can only offer these financial conditions because the cash flow is supported by Chinese state-owned financial banks.” The companies are active on all continents and now want to gain a foothold in the European market.

Dickson agreed with the EU Commission’s position that it wants to insist that the Chinese plants are only offered on the basis of fair conditions. The EU has the tools and means to insist on this legally. The overall situation is currently being examined and conclusions will be drawn after that. That could be at the end of this year or next year.

A question of data security

“We believe in open markets. And we believe in fair markets,” said the WindEurope boss, who also raised security concerns. The new wind turbines have up to 300 sensors that transmit a lot of data to the control centers every minute. This data should remain in Europe or in safe countries, warned Dickson. “In current EU legislation, China is not on the list of safe countries.”

It should be noted that the data sent does not only provide information about the status and function of the respective components. “They also have the capacity to control and manage this component.” The question arises whether Chinese suppliers should be allowed to do this, says Dickson. “We are still in the process of moving away from an unwise dependence on Russian gas. We should not become more dependent on Chinese renewable energy.”

Still small market share for the Chinese

According to the Brussels-based association, the share of Chinese turbines ordered in Europe last year was less than three percent. The remaining 97 percent of orders were received by the five major European turbine manufacturers. It can therefore be said that almost all wind energy projects in Europe today are operated with European turbines.

Dickson attended the Rostock Wind conference. Mecklenburg-Vorpommern aims to cover the state’s entire energy needs, including heat supply and mobility, from renewable sources by 2035. However, this will require considerable expansion. 1,859 wind turbines currently generate electricity in MV.

0 comments
0 FacebookTwitterPinterestEmail
Gold Price Forecast: When Will the Price of Gold Reach $3,000?
Business

Gold Price Forecast: When Will the Price of Gold Reach $3,000?

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

After gold recorded a record level of $2,305.04, on Thursday, April 4, 2024, and the yellow metal has increased 2.6 percent since the beginning of the week, and American gold futures contracts rose 0.1 percent to $2,310.40, so when will the price of an ounce of gold reach $3,000?

The successive rises in the price of gold came recently, following the decision of the US Federal Reserve (the central bank) at its last meeting on March 20, to stabilize interest rates while announcing three cuts during the current year 2024. So where will gold prices go?

The Federal Reserve announced that the interest rate would remain unchanged for the fifth time in a row, while the bank is struggling to reduce inflation towards the two percent target. It also decided to keep the main interest rate at the range of 5.25-5.5 percent, in line with market expectations, after continued… In tightening monetary policy and raising interest rates since March 2022, at the same time the Fed maintained its interest rate cut expectations for 2024, adhering to three cuts, or the equivalent of 75 basis points, which pushes the interest rate to the range of 4.5-4.75 at the end of the year, followed by two cuts in Year 2025.

The price of gold reached new record levels this year despite the strength of the stock market and the American economy. What are the expectations for gold prices in 2024 and in the coming years?

Gold traded at its highest level ever at $2,305.04 per ounce on Thursday, April 5, increasing its gains since the beginning of the year to more than 20 percent, with expectations that gold prices for the second quarter will reach more than $2,305.04 per ounce. (the highest price for the precious metal to date) in the second quarter of 2024.

Gold price forecast

Analysts expect gold prices to remain above the $2,000 level during the current year as the global rush towards gold continues. Gold price expectations indicate that there is more room to rise even after reaching new record levels. In the same direction, most analysts expect an increase in gold prices in 2025. Moderate, but there are more optimistic expectations for the price of gold in the next five years, indicating that it will exceed the $3,000 level.

TD Securities expects gold prices to break new highs in the first half of 2024 as we approach the Fed’s target and with the possibility of a slowdown in the economy, and now the company expects that the price of gold will exceed the $2,300 level in the second quarter of 2023.

Mike McGlone, chief strategist at Bloomberg Intelligence, believes during a conversation with Yahoo Finance that we may witness the first days of a bull market that sets off to new record levels, and JPMorgan also confirmed in its commodity forecasts for the year 2024 that the only bullish call it issued towards the commodity market was for gold. And silver.

As for the Dutch bank ING, it believes that the Federal Reserve’s policy remains the biggest key to gold prices in the coming months, which means that prices may continue to follow investors’ expectations of reducing interest rates in the short term.

UBS Group said that the rise in gold purchases by central banks globally in five decades and the possibility of President Donald Trump escalating tensions between the United States and China are all reasons to remain optimistic about the price of gold moving forward, and according to a survey conducted by the American WCG, it plans 24 % of all central banks to increase their gold reserves in 2024 due to concerns about the US dollar as a reserve asset. UBS says that gold is usually driven by macro variables, rather than supply and demand, explaining that the rise in the price of the gold commodity is unique; Because it has nothing to do with its use case.

WisdomTree says that once interest rate cuts look certain – which they have – they expect gold to trade well above current levels through 2024.

The World Bank

The World Bank expects the average price of gold to reach $1,950 per ounce, while the International Monetary Fund expects the average price of gold to reach $1,775 per ounce, in 2024.

While Goldman Sachs Bank expects the average price of gold to reach $2,133 per ounce in 2024, JP Morgan Chase expects the average price of gold to reach $2,175 per ounce in 2024, and Citigroup raised its 2024 forecast for the average price of gold to $2,040 per ounce. .

Asia’s leading bank, UOB, expects the price of gold to reach new highs in 2024.

International Monetary Fund

The International Monetary Fund had previously expected that the average price of gold would reach $1,775 per ounce in 2024, a slight decrease from $1,800 per ounce compared to expectations for the year 2023. Gold price expectations for 2024 are based on expectations of global economic activity, inflation expectations, and financial market conditions, and we await Updated gold price forecast for 2024 from the International Monetary Fund.

Goldman Sachs has a positive outlook for the yellow metal in 2024, and expects the price of gold to average $2,133 per ounce. The company’s analysts believe that gold will trade higher than the market consensus in the near term, primarily due to its status as a safe haven asset and a “factor.” Fear” prevailing in the markets, and this fear factor has been fueled by increasing uncertainties, including concerns regarding banking and finance, in addition to the increased possibility of a recession in the United States in 2024, and Goldman Sachs also cites the impact of wealth, especially the increase in income and savings. In emerging markets such as China and India, it is a supporting factor for gold prices.

JP Morgan expects that the Federal Reserve will completely reverse its policy of tightening interest rates in the very near future and begin lowering interest rates by the second quarter of 2024, as lower yields are considered an “important driver” for gold, as owning gold in a low environment The price forces you to give up the high income that you may earn from other investments in a high-yield environment, and therefore, money tends to flow back into gold, as JP Morgan expects this to happen during the next 12 to 18 months, indicating its expectations for the price of gold. Its 2025 average is $2,300.

The optimistic gold price forecast for 2024 is based on the expectation of a possible US economic recession, which may raise speculation about interest rate cuts (a decline in the dollar and correspondingly an increase in gold prices).

TD Securities expects that the markets need to be more convinced that gold will see upward movement, but they expect the price of gold to eventually exceed the $2,300 level in the second quarter. The main driver behind this optimistic outlook for gold is the growing belief in the market that reducing… Fed rate is becoming more likely sooner rather than later.

According to a recent study conducted by the World Gold Council, 24 percent of central banks intend to increase their gold reserves in the next 12 months, with their increasing pessimism regarding the US dollar as a reserve asset.

“This means the possibility of higher demand for gold in the coming years,” TD Securities analysts explain.

Gold price forecasts for the next five years

After trading in a sideways market for three years, the price of gold may resume the upward trend. The latest gold uprising occurred right after the price of gold fell below the $1,700 level for the first time in a year and a half on July 21, and continued to achieve gains of more than 25%. percent.

Although it is difficult to say with certainty in gold analysis over a long period of time, experts from various resources agree that gold will continue to rise, however, they have opposite opinions about the speed of this growth.

The Walt Investor website, before the strong rise of gold in recent days, believed that the opening price of gold in 2025 would be at $2,083, and the closing price in June 2025 would be at $2,289. At the end of December, the closing price of gold would be at $2. $131, the first half of 2026 is also pleasant and enjoyable for gold investors. The following periods after that will also show an upward trend, and the year will close at the level of $2,170 per ounce with a maximum price at the level of $2,200 per ounce. Moderate growth will continue until 2020. 2028, and the price of gold will reach the level of $2,260, according to the latest predictions about gold prices for the next five years.

As for the Long Forecast economic forecasting agency, it believes that the trading range for gold prices in 2025 will be between the levels of $2,200 – $2,500 per ounce, and gold price expectations for the next five years, according to the agency, indicate that gold will trade at the level of $2,342.

Gold exceeds $3,000

According to the latest long-term forecasts from Coinprice Forecast, the price of gold will reach the $2,400 level by the end of 2025, then the $2,700 level by the end of 2026, and gold will rise to the $3,000 level in 2027, and the $3 level. ,500 dollars in 2030, and the level of $4,000 in 2033, and this is one of the most bullish expectations for gold prices. For the next five and ten years.

At the beginning of January 2027, the World Gold Council (WGC) expects a price of more than $3,500. It also says that the maximum expected price for 2027 is $3,794, and the expected minimum price is $3,529.

2024-04-06 21:11:08
#price #gold #exceed #ounce #CNN #Economic

0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com