Urgent.News

600+ sources. One page. See who else covered it.

Wednesday, August 12, 2026 Back Pages
Editions ▾
🌐 Global edition🇦🇷 Argentina🇦🇺 Australia🇧🇷 Brazil🇨🇦 Canada🇨🇴 Colombia🇫🇷 France🇩🇪 Germany🇬🇭 Ghana🇭🇰 Hong Kong🇮🇳 India🇮🇩 Indonesia🇮🇱 Israel🇯🇵 Japan🇰🇪 Kenya🇲🇾 Malaysia🇳🇬 Nigeria🇵🇰 Pakistan🇶🇦 Qatar🇷🇺 Russia🇸🇦 Saudi Arabia🇸🇬 Singapore🇿🇦 South Africa🇰🇷 South Korea🇪🇸 Spain🇹🇭 Thailand🇦🇪 UAE🇺🇦 Ukraine🇬🇧 United Kingdom🇺🇸 United States🇻🇳 Vietnam

Continued

Business

Incheon Shares Mongolia Forest Results

Incheon Metropolitan City will attend the 17th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD) held in Mongolia this year to share the results of creating…

  • Incheon Forest of Hope project planted 250,000 trees across 157 hectares since 2008.
  • City plans to plant 6,000 Korean pine trees this year and 8,500 next year.
  • Incheon's forest absorbs 1,620 tons of CO2 annually, offsetting emissions of 350 cars.

·businesskorea.co.kr

Business

Hyundai Steel Deepens Future Energy Certification

Hyundai Steel is partnering with DNV (Det Norske Veritas), a global classification and certification body, to accelerate the performance verification of energy-grade steel and the expansion of its…

  • Hyundai Steel partners with DNV for future energy certification system.
  • Focus on testing steel materials for ammonia and hydrogen storage.
  • Collaboration aims to enhance global market competitiveness.

·businesskorea.co.kr

AI

[Today’s Signal] Selling GPUs Is No Longer Enough — Nvidia Builds a $500 Billion AI Financing Machine

A new bottleneck is emerging in artificial intelligence. It is not GPUs or high-bandwidth memory, but the capital required to build the data centers that will house them — projects increasingly…

  • Nvidia partners with Wall Street firms for $500B AI financing platform
  • Nvidia expands from selling GPUs to financing AI infrastructure
  • Major tech companies like Amazon and Microsoft plan significant AI investments

·koreaittimes.com

World

Korean Air Lines and other domestic airlines are expected to shoulder 3.355 trillion won in additional costs. However, they have secured only 3.6 percent of the carbon emission allowances they need. The International Civil Aviation Organization (ICAO) has decided on a global carbon offset and reduction system for international aviation, known as CORSIA. Under CORSIA, airlines will have to offset 2.5 percent of their 2019 emissions from 2024 and 62.5 percent by 2035. Korean Air Lines, Asiana Airlines, Jeju Air, Jin Air, T'way Air, and Air Busan are among the 37 airlines that fall under the plan. As of 2019, Korean Air Lines had 13.57 million tons of emissions, making it necessary to purchase 14.6 million tons by 2035. However, as of last month, Korean Air Lines had secured only 530,000 tons, or 3.6 percent, of the allowances it needs. Asiana Airlines had 7.58 million tons of emissions in 2019 and will have to purchase 8.2 million tons by 2035. Asiana Airlines has secured 240,000 tons, or 2.9 percent, of the allowances it needs. The six airlines in total had 32.83 million tons of emissions in 2019 and will have to purchase 35.49 million tons by 2035. However, they have secured only 1.29 million tons, or 3.6 percent, of the allowances they need. The airlines will have to purchase more allowances to make up for the shortage. The cost of purchasing the allowances is expected to be substantial. The price of allowances traded on the European Union's carbon market last month was 74.4 euros per ton. If the six airlines purchase the 34.2 million tons they need at this price, they will have to pay 2.54 trillion won. Adding 800 billion won in costs for the airlines to directly reduce their emissions makes a total of 3.355 trillion won. The airlines are complaining that it is unfair to apply the same rules to them as to European Union companies. The European Union's Emission Trading System (EU ETS) has been in place since 2005 and gives companies a sufficient lead time to prepare. In contrast, CORSIA will be implemented in phases, starting in 2024. The domestic airlines are requesting a transition period. However, the government has said it will not help with costs. The Ministry of Land, Infrastructure and Transport said last month that it will encourage airlines to gradually prepare for the implementation of CORSIA through education and consulting. The ministry said it will review whether to support the airlines in the future.

·hani.co.kr

World

Donju now run many of North Korea’s state grain shops

North Korean authorities set up state-run grain sales offices to stabilize food supplies and prices, but many of these shops are now run behind the scenes by wealthy private merchants known as donju. The donju‘s involvement has modestly improved the quality of the grain sold.

·dailynk.com·2 outlets

Continue reading →