ABE NEWS | September 1, 2026 Russia’s oil industry — one of the financial engines that has powered the country for decades and helped Moscow sustain more than four years of war in Ukraine — is facing mounting pressure. A Russian government draft economic forecast reviewed by Reuters has cut the country’s expected 2026…
ABE NEWS | September 1, 2026 Two enormous oil tankers carrying millions of barrels of Saudi crude have been struck by unknown projectiles while attempting to leave the Persian Gulf through the Strait of Hormuz, marking another dangerous escalation around the waterway that sits at the centre of the world’s energy system. The attacks…
ABE NEWS | August 31, 2026 South Africa’s long-troubled electricity giant Eskom has delivered one of the most dramatic financial turnarounds in its recent history, more than doubling annual profit to 30.3 billion rand — roughly US$1.9 billion — as power shortages collapsed, electricity sales improved and years of government intervention began producing visible…
ABE NEWS | August 30, 2026 Canada is positioning itself at the centre of an ambitious attempt to transform how Western countries finance defence, as Prime Minister Mark Carney throws Ottawa’s weight behind a proposed international bank seeking to mobilize roughly €100 billion — about US$116 billion — for defence, security and military-industrial investment….
ABE NEWS | August 30, 2026 The United States and Iran have exchanged direct military strikes again, abruptly ending weeks of relative restraint and threatening to push the Middle East back into another dangerous phase of a conflict that has already shaken global energy markets and disrupted one of the world’s most important shipping…
ABE NEWS | August 29, 2026 At least 37 people have been killed after a Russian drone struck an ammunition storage facility near Kyiv, triggering enormous secondary explosions that tore through surrounding homes and a care facility in one of Ukraine’s deadliest attacks of 2026. The strike hit the village of Myla in the…
ABE NEWS | August 29, 2026 For many small businesses, growth begins with a frustrating contradiction. The customers are there. The product is selling. The entrepreneur knows that buying more inventory, adding equipment or expanding production could generate more revenue. But the money needed to make that next move isn’t there. For thousands of small…
ABE NEWS | August 29, 2026 The artificial-intelligence race is usually presented as a competition between a handful of technology giants. OpenAI releases a new model. Google responds. Meta spends billions. Nvidia sells more chips. Governments announce national AI strategies, investors pour money into startups, and every few months another company promises that its…
ABE NEWS | August 29, 2026 The United States is making an extraordinary move into Venezuela’s vast oil industry. President Donald Trump says Washington, working with Venezuela’s interim government and private companies, has secured majority control over more than 65 billion barrels of proven Venezuelan oil reserves — an amount equivalent to roughly one-fifth…
ABE NEWS | August 29, 2026 Niger has been plunged into a new political and security crisis after mutinous soldiers launched attacks across the capital, Niamey, targeting some of the most sensitive locations in the country — including the presidential palace, international airport and a major military airbase. Heavy gunfire and explosions echoed through…
