Sitemap

Global Coal Demand Hits Historic High

CorD Recommends

Celebration Of 115 years Of Diplomatic Relations Between Egypt and Serbia

On Thursday, November 23, the Slavija Fountain...

Serbia and Cyprus Strengthen Ties with Three New Cooperation Memorandums

In a significant diplomatic event held in...

Serbia Appoints New Ambassadors to Sweden, Venezuela, Brazil, and Libya

Serbia has announced the appointment of four...

Chinese Firms Lead as Serbia’s Top Exporters

Three Chinese companies have emerged as the...

Belgrade Hosts International Energy and Environmental Fairs

At the Belgrade Fair, the 18th International Energy Fair and the 19th International Environmental Protection Fair have been opened,...

French Week Celebrated with New Beaujolais and French Ile de France Cheeses

Another celebration of French Week, a now traditional event, was kicked off with a grand welcoming of the new...

Milan Radulović Awarded French Order of Arts and Letters

Milan Radulović, the director of the Music Youth of Novi Sad and the Novi Sad Music Festivities, has been...

Swedish High-Tech Electric Ferry Sets New Public Transport Standard

Cities worldwide view clean and efficient public transportation as a key strategy for reducing carbon emissions.  For cities with...

Celebration Of 115 years Of Diplomatic Relations Between Egypt and Serbia

On Thursday, November 23, the Slavija Fountain in Belgrade was illuminated with the colors of the Egyptian flag, in...

In a staggering revelation, the International Energy Agency (IEA) forecasts that the year-end global demand for coal will soar to a historic 8.39 million tonnes. 

Dominating this insatiable appetite are Asian nations—most notably, China—which alone accounts for a phenomenal 56% of the total consumption.

In what amounts to an environmental paradox, China has ramped up its coal imports by 77% in just the first seven months of 2023. Indonesia emerges as its chief maritime supplier, outpacing both Russia and Australia. 

Read more...

US Steel, Former Economic Powerhouse, Now on Auction Block

Once the backbone of America's economy, US Steel is now up for auction.  Established in 1901 in Pittsburgh and valued at over a billion dollars,...

Record High Corporate Bankruptcies in EU in Q2 2023

The count of corporate bankruptcies in the European Union reached its highest level in the second quarter of 2023, since the commencement of data...

Conversely, the United States—once the coal colossus of the world—has seen its production plummet to less than half of its 2008 zenith. Yet, it’s a dark phoenix rising. Buoyed by dwindling domestic demand, thanks to regulatory landscapes and an influx of inexpensive natural gas, U.S. coal exports are resurging. A 16% uptick from last year has been recorded, and an ambitious 94 million tonnes are projected for 2024—a quarter of its total production.

As we enter an era of climate consciousness, these startling figures illuminate the urgent, conflicting global realities confronting us all.

Related Articles

Chinese Firms Lead as Serbia’s Top Exporters

Three Chinese companies have emerged as the top exporters in Serbia, according to the latest data released by the Serbian Ministry of Finance.  As of...

China Activates the World’s Fastest Internet Connection

In a significant technological feat, China has successfully activated the world's fastest internet connection, boasting an astonishing data transfer capacity of 1.2 terabits per...

Slovenia Boosts Cyber Defence with $30M US Aid

Slovenia has enhanced its cyber defence capabilities with a substantial $30 million contribution from the United States. This aid aims to fortify the communication and...

The Beatles Unveil Final Track “Now And Then” Using AI

The Beatles Release Their Final Song, "Now And Then", With the Aid of Artificial Intelligence One of the most iconic rock and pop bands of...

AI Poses Potential Catastrophic Risk, Warns Bletchley Declaration Signed by 28 Nations

Artificial Intelligence (AI) poses a potentially catastrophic threat to humanity, according to the Bletchley Declaration signed by 28 countries, including the United States, EU,...

Mural Depicting Novak Djokovic, Nikola Jokic, and Ivana Vuleta Unveiled in Chicago

A striking mural, measuring eight metres in height and four and a half metres in width, has been painted on the facade of the...

173 Types of Minerals Discovered in China Since 2022

Since 2022, a staggering 173 types of minerals have been identified in China, as reported by the Chinese Ministry of Natural Resources at the...

Chinese Ambassador Highlights Deep Spiritual Bond with Serbia

In a reception marking the successful completion of the Third Belt and Road Forum for International Cooperation and his own appointment in Serbia, Chinese...