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IMF pushes back on Pakistan’s subsidized electricity proposal for crypto mining
The decision to reject reduced electricity rates for cryptocurrency operations may impact Pakistan’s energy allocation strategy and influence the sector’s financial viability and g...
Read Full Article →IMF Rejects Pakistan’s Proposal to Subsidize Power for Bitcoin Mining: Reports
The IMF expressed concerns that subsidizing electricity for Bitcoin mining in Pakistan could disrupt market balance, potentially impacting the country’s economic stability and fisc...
Read Full Article →IMF Rejects Pakistan’s Bid to Subsidise Power for Crypto Mining
Pakistan’s efforts to obtain financial support for reducing electricity costs in crypto mining have faced challenges, prompting collaboration with international organizations to de...
Read Full Article →How Labour can revive UK animal spirits
The party’s approach to stimulating economic confidence has raised concerns about its effectiveness in driving sustainable growth during its first year in government.
Read Full Article →Norway Plans Ban on New Crypto Mining Data Centers to Preserve Power
The government’s decision to halt new cryptocurrency mining facilities aims to manage rising energy consumption, potentially affecting electricity costs and investment opportunitie...
Read Full Article →Tide is turning in Europe and beyond in favour of nuclear power
Recent widespread power outages and increasing electricity demands from emerging technologies have prompted policymakers to reconsider nuclear energy investments as a potentially m...
Read Full Article →Brookfield to tap $120-billion war chest to take advantage of market turbulence
Brookfield plans to utilize its substantial capital reserves to invest in real assets like infrastructure, power, and real estate, aiming to mitigate risks associated with changing...
Read Full Article →Why tariffs are unlikely to bring back U.S. aluminum production
The high cost of energy in the U.S. limits aluminum manufacturing competitiveness, making it difficult for tariffs alone to revive domestic production when compared to Canada’s mor...
Read Full Article →Ed Miliband’s net-zero plans risk causing blackouts, says Union boss
The proposed acceleration toward clean energy targets may create significant economic challenges by potentially disrupting power supply, which could result in increased costs and i...
Read Full Article →Drax abandons AGM after confrontation with green activists
Drax's cancellation of its annual shareholder meeting due to activist protests highlights potential risks to its corporate reputation and investor relations, impacting its financia...
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