UK recognises India’s carbon credit scheme under CBAM, easing tax burden for exporters

The UK has recognised India’s Carbon Credit Trading Scheme (CCTS) as a qualifying carbon pricing mechanism under its Carbon Border Adjustment Mechanism (CBAM), potentially lowering the carbon-related tax burden on Indian exporters, a government official said on Monday. The recognition was communicated by the UK’s HM Treasury to the BureauContinue Reading

Who leaked America’s weapons secrets? Pentagon subjects top military officials to polygraphs

Dozens of senior US military officials were subjected to polygraph tests in a sweeping investigation into media leaks involving classified information on America’s stockpiles of advanced weapons. Pete Hegseth’s Pentagon puts senior military officials on polygraph tests over a weapons leak. Some of the highest-ranking officers in the US militaryContinue Reading

Putin intensifies bombing campaign to pressure Ukraine on territorial concessions

Russian President Vladimir Putin has intensified the bombing campaign against Ukraine, aiming to exploit what he perceives as the country’s weakened air defenses. This escalation appears intended to pressure Kyiv into conceding on territorial demands, potentially by winter. The ongoing conflict, which began in February 2022, sees Russia occupying approximatelyContinue Reading