Money

How can the world reduce its Russian oil consumption?

Published

4 years ago

March 21, 2022

How does driving more slowly sound? Or ditching the car altogether on a Sunday, or even turning off your vehicle’s air conditioning?

These are just a few emergency climate measures proposed by the International Energy Agency to help reduce global energy demand.

In a new 10-point plan, the IEA says certain changes to consumer behaviour, like these ones, could help the world cut its global oil consumption by 2.7 million barrels a day.

This amount is equivalent to more than half of Russia’s exports, and it could all be achieved within four months if decisive action is taken.

The current global supply totals around 100 million barrels per day and a reduction would significantly help to ease sky-high oil prices, while also aiding the environment.

Other immediate steps include reduced speed limits and cheaper public transport, helping move oil demand towards a more sustainable pathway.

WASTE MANAGEMENT CONCERNS: E.U. MICROPLASTICS SPREADING TO ARCTIC SEAS

Microplastics found in European rivers are now making their way into the Arctic seas as well, and it has scientists concerned.

While the exact cause of these on humans remains unknown… the tiny particles are harmful to wildlife.

Microplastics originate from a whole range of sources including clothing, car tyres and even cosmetics.

In a new study, the researchers found the new particles in the Arctic Ocean, the Nordic Seas and Baffin Bay can all be traced back to European waterways.

They warn the “circulation of microplastic through Arctic ecosystems may have large consequences to natural ecosystem health”.

This study highlights the ever-increasing need for better global waste management.

Related Topics:climate Politics trending

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

Money

Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

Published

18 hours ago

January 21, 2026

Harvey Vargas

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

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#USMarkets #WallStreet #TrumpTariffs #GlobalMarkets #USDebt #Europe #Davos #Ticker

Money

Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Published

2 days ago

January 20, 2026

Harvey Vargas

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

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#GoldRally #SafeHaven #InvestingTips #FinancialMarkets #GoldPrices #GlobalEconomy #MarketUpdate #TickerNews

Money

Markets edge higher as 10-year yields hit new highs

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

Published

3 days ago

January 19, 2026

Harvey Vargas

Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.

All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.

The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.

Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.

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