SEAHAM, UK: Dawdon coalmine in northeast England was abandoned three decades ago, but is being brought back to life as the unlikely setting for a green energy revolution. 

WASHINGTON: The IMF executive board will hear from a law firm whose investigators concluded that managing director Kristalina Georgieva manipulated data in favor of China while she held a senior role at the World Bank, a source close to the case said Saturday. 

LOS LLANOS DE ARIDANE, Spain: “It’s worse than a plague,” curses Pedro Antonio Sanchez, fuming over the volcanic grit coating his bananas, the main source of wealth on the Canaries’ island of La Palma. 

PARIS: A global push to enact a minimum international tax on big corporations moved closer to reality as one of the last holdouts, Hungary, agreed to join a reform that now counts 136 countries. 

WASHINGTON: The International Monetary Fund said it will decide “very soon” whether its embattled managing director Kristalina Georgieva keeps her job. An investigation by a law firm has concluded that she manipulated data in favor of China while in a senior role at the World Bank. 

LONDON: European and UK gas prices surged to record peaks, energized by fears of runaway demand in the upcoming northern hemisphere winter. Europe’s reference Dutch TTF gas price hit 162.12 euros per megawatt hour and UK prices leapt to 407.82 pence per therm in morning deals. However, prices later reversed as supply concerns eased somewhat.

DUBAI: The Middle East and North Africa are experiencing a tenuous and uneven economic recovery in 2021 as they get to grips with the coronavirus pandemic, the World Bank said yesterday. 

LONDON: European and Asian stock markets rallied yesterday, with the United States set to avoid defaulting on its debt, at least temporarily. The dollar was down against main rivals ahead of key US jobs data due today.

SAO PAULO: After 18 months of being locked up by coronavirus pandemic restrictions, Brazil’s largest city Sao Paulo is breathing again, thanks in part to open-air coworking spaces.