Australia became the biggest exporter of liquefied natural gas last year, pushing Qatar into second place, while the US remained third, data from market research firm Kpler show. Australia exported 80.23 million tonnes of LNG compared with 77.63 million in 2020. Qatar delivered almost as much last year as it did a year earlier - 77.83 million tonnes compared with 77.88 million tonnes. The US is...

The situation with the coronavirus will remain dire for the next three months, David Nabarro, the World Health Organisation's special envoy for COVID-19, told Sky News TV. "I am afraid we are running a marathon distance, but it is too early to say we are close to the end," he said. Nabarro stressed that the end of the pandemic is in sight, but we have not yet reached it. He warned that the...

The UK economy could suffer almost $50bn in two months due to the spread of the Omicron strain. The spread of the Omicron strain could damage the UK economy to the tune of £35 billion (about $48 billion) in January and February, The Sunday Times wrote, citing analysis by the Centre for Economic and Business Research (CEBR). The economy's losses are primarily threatened by the isolation of...

The Mexican Attorney General's Office has formally charged Emilio Lozoya Austin, the former head of oil and gas corporation Petróleos Mexicanos, in the Odebrecht corruption case and demanded 39 years in prison for him, Milenio reported. "The Mexican Attorney General's Office (FGR) has formally charged Emilio Lozoya Austin, former director of Petróleos Mexicanos (Pemex), in the Odebrecht case and...

The Wall Street Journal (WSJ) cautions that US businesses risk reducing their investment in China or possibly exiting the sector entirely. According to the newspaper, Walmart's boycott in China might serve as a model for similar company activities. According to the newspaper's interviewees, American businesses are currently in a terrible situation. Political boycotts aggravate the problem, but so...

An initiative to combat loneliness has been approved by the Japanese government. To address the issue, a 24-hour counseling system will be established. There are also plans to establish a number of sites where lonely people can socialize and look for work. The Japanese government will conduct a nationwide census as part of the new effort to determine the actual number of lonely citizens. A...

According to FlightAware, almost 7,000 flights have been canceled worldwide in the last three days. Around 2,400 flights were canceled on Christmas Eve, December 24. Another 11,000 flights were rescheduled. Another 2,856 flights were canceled on Saturday, Catholic Christmas Day, while passengers on 9,400 planes had to wait longer than expected for their aircraft to depart. Finally, the number...

Japan's government approved a record-breaking 107.596 trillion yen ($935.62 billion) budget for the coming fiscal year, April 1, 2022 to March 31, 2023, at a meeting on Friday, NHK television reported. The country's budget exceeds 100 trillion yen for the fourth consecutive year. It is noted that due to the country's aging population, the financial burden on the health and social insurance system...

The UK Supreme Court ruling on Venezuela's gold poses serious risks to investors who have entrusted their funds to the UK financial system, says the Latin American country's Foreign Office. Britain's Supreme Court returned legal proceedings over Venezuela's gold reserves held at the Bank of England to the Court of Arbitration after partially satisfying Venezuela's self-proclaimed president Juan...