23 January 2018
Volatile world
Trump ditched Paris, Paris got Macron, Isis lost Mosul
America On 1 June, President Donald Trump fulfilled one of his election promises by pulling the US out of the Paris Accord on climate change. He said the agreement had put America at a "very, very big economic disadvantage". The move was widely criticised. Later in the year parts of the US and nearby islands were battered by a larger-than-normal number of hurricanes and tropical storms—a clear sign, many said, of climate change. Earlier in the year, Trump's "America First" plan saw him pull the US out of the Trans-Pacific Partnership. He maintained throughout 2017 that he could do the same with Nafta too. Venezuela President Nicolás Maduro spent the year tightening his grip on power and cast

Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure