Global Economy

3 mins read

Hydrogen-Powered Aircraft Unlikely Before Next Century, Says Safran Chief

Anas AhmedTagged , , , , , ,

Hydrogen-powered airplanes, often promoted as a future solution to reduce aviation’s carbon footprint, are unlikely to become a practical reality in the near term, according to the head of France’s leading aircraft engine maker Safran. The assessment casts fresh doubt on ambitious timelines set by parts of the aviation industry to transition away from fossil […]

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Lebanon PM Set to Unveil Long-Awaited Banking Law Draft to Address Crisis Losses

webdeskTagged , , , , , , , ,

Lebanese Prime Minister Nawaf Salam is set to announce a long-awaited banking law draft that aims to address the massive financial losses stemming from the country’s 2019 economic collapse. The move marks a critical step in Lebanon’s stalled reform process and comes amid sustained pressure from the international community to overhaul the country’s troubled financial […]

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