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Wednesday, 27 September 2017

Other international stories

Other international stories worth a moment of your time this morning:

  • BIG TECH NEWS: For this first time since the advent of the automobile in the late 19th century, Saudi Arabia’s women will soon be able to drive in their own country. Saudi’s King Salman has issued a decree allowing women to drive, according to the Saudi Press Agency. The King ordered the formation of a ministerial body to advise on the matter within 30 days and see through its implementation by June 2018. The news is on front-pages worldwide this morning, to wit: the Financial Times, Reuters, the Wall Street Journal and the New York Times.
  • Oil prices could rise in 2018: OPEC could face a supply shortage next year, Citi claims, saying that “Libya, Nigeria, Venezuela, Iran and Iraq may already be pumping at their maximum capacity this year” and aren’t investing enough in E&P to grow capacity in 2018.
  • EM are leapfrogging developing nations on renewables: “Emerging markets are set to eclipse developed nations next year in their capacity to generate wind and solar power as equipment costs fall,” the Financial Times writes, citing a Moody’s report. There will be 14 GW of installed solar capacity in MENA by the end of 2018, up 7x from 2015.
  • Twitter has doubled its character limit to 280 per tweet in a global test, the Verge reports.
  • God help us, but Dubai is testing drone taxis.

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