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Opinion by Rabah Arezki and Per Magnus Nysveen for CNN Business Perspectives After a pandemic and a price war sent petroleum prices tumbling in 2020, they are again on the rise. A new oil price super cycle — an extended period during which prices exceed their long-term trend — seems to be in the making.

By Aya Elamroussi, CNN Hundreds dead in a historic heat wave. A Canadian village burned to the ground. Water shortages. Animals competing for food. The culprit? Humans, according to climate change scientists. The unprecedented heat wave in the Pacific Northwest in late June “would have been virtually impossible without the influence of human-caused climate change,”

By Manveena Suri, Jessie Yeung and Swati Gupta, CNN Indian Prime Minister Narendra Modi dropped 12 members of his cabinet on Wednesday in a dramatic reshuffle, including the federal ministers for health and law, as he faces fierce criticism over the government’s alleged mishandling of the coronavirus pandemic. Health Minister Harsh Vardhan, who was the

By Stefano Pozzebon An international human rights body has accused Colombia’s security forces of applying “disproportionate and excessive force,” in dealing with street protesters, more than two months since demonstrations began in Bogota, which left dozens dead. The report by the Inter-American Commission on Human Rights (IACHR), released on Wednesday, adds to criticisms of the

By Eric Cheung and Lilit Marcus, CNN On July 6, a planeload of Taiwanese travelers arrived in the US territory of Guam. But they didn’t just travel for the island’s gorgeous scenery — they were also there to get vaccinated against Covid-19. The travelers were among the first to take part in the Air Visit

By Peter Valdes-Dapena, CNN Business Lamborghini on Wednesday unveiled what will be its last V12-powered supercar driven purely on gasoline. While there will be more V12 Lamborghini models in the future, they will be plug-in hybrids, the Italian supercar manufacturer said. Lamborghini, which has built supercars with big 12-cylinder engines for almost 60 years, is

By Caitlin Hu and Laura Smith-Spark, CNN The assassination of Haiti’s President Jovenel Moise has stunned the country and shocked regional leaders. The Caribbean nation of roughly 11 million people, many of them living amid poverty and rising violence, now faces an even more uncertain future. Haiti’s acting Prime Minister Claude Joseph has assumed leadership

Opinion by Ali Wyne for CNN Business Perspectives While China’s global influence has grown substantially over the past two decades, its relationships with most major powers have been deteriorating, particularly since the onset of the Covid-19 pandemic. The United Kingdom announced last year that it was ordering all Huawei infrastructure to be stripped from the

By Peter Valdes-Dapena, CNN Business The Ford Mustang Mach-E has been given Car and Driver’s first EV of the Year award. The award was open to all fully electric vehicles currently for sale in the US. The Mach-E beat out 10 other vehicles, including three different Tesla models, the Audi E-Tron, the Volvo XC40 Recharge

By Etant Dupain, Gerardo Lemos, Ivana Kottasová and Caitlin Hu, CNN Haiti’s President Jovenel Moise was killed during an attack on his private residence early on Wednesday, according to the country’s acting Prime Minister Claude Joseph, who has declared a state of seige in the country. The attackers stormed Moise’s home at around 1 a.m.

By Jason Hanna and Amir Vera, CNN As Tropical Storm Elsa creeps over the southeast and continues north, it has wreaked havoc near the Georgia-Florida border, leaving at least one person dead and multiple injured. Winds from Elsa caused a tree to fall on two cars during an afternoon commute in Jacksonville, Florida, killing one