OPEC+ keeps steady policy amid weakening economy, Russian oil cap

OPEC+ keeps steady policy amid weakening economy, Russian oil cap

No discussions about Russian price cap – delegates Oil prices have come under pressure from weak economy Next meetings to take place Feb. 1 and June 3-4 LONDON/DUBAI, Dec 4 (Reuters) – OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact … Read more

Interpol confirms red notice for Angolan billionaire Isabel dos Santos

Interpol confirms red notice for Angolan billionaire Isabel dos Santos

LISBON, Nov 30 (Reuters) – Global police agency Interpol confirmed on Wednesday it had issued a red notice for Angolan billionaire Isabel dos Santos, daughter of the country’s former president, asking global law enforcement authorities to locate and provisionally arrest her. Dos Santos, who has repeatedly denied wrongdoing, has faced corruption accusations for years, including … Read more

COP27 delivers climate fund breakthrough at cost of progress on emissions

COP27 delivers climate fund breakthrough at cost of progress on emissions

COP27 climate summit ends after marathon weekend negotiations Final deal delivers on creating historic climate finance fund Negotiators say some blocked tighter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s U.N. climate summit on Sunday with a hard-fought deal to create a fund to help poor countries being battered by … Read more

COP27 nears breakthrough on climate finance in scramble for final deal

COP27 nears breakthrough on climate finance in scramble for final deal

Countries studying details of new draft agreement Delegates herald possible breakthrough on loss and damage EU prepared to exit talks without positive outcome Some nations want firmer goals on long-term action SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund … Read more

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ -declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a declaration … Read more

Division at G20 over bid to condemn Russia’s Ukraine invasion

Division at G20 over bid to condemn Russia’s Ukraine invasion

Most G20 members could strongly condemn Ukraine war Zelenskiy urges G20 to help end war under his plan Indonesia urges action on global economic problems China’s Xi to hold meetings with several other leaders NUSA DUA, Indonesia, Nov 15 (Reuters) – Disagreement emerged at a Group of 20 (G20) summit on Tuesday as the United … Read more

Germany warns its delegation of Egyptian spies at COP27

Germany warns its delegation of Egyptian spies at COP27

BERLIN, Nov 13 (Reuters) – German federal police have warned their nation’s delegation at the COP27 environmental summit in Egypt that its members may be subject to spying by Egyptian security agents, three people with knowledge of the matter said. In an email sent on Saturday, the police, known in Germany as the BKA, warned … Read more

Biden, Xi prepare to meet ahead of G20 summit overshadowed by Ukraine

Biden, Xi prepare to meet ahead of G20 summit overshadowed by Ukraine

NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a long-awaited meeting with U.S. President Joe Biden, ahead of a Group of 20 (G20) summit set to be fraught with tension over Russia’s invasion of Ukraine. The two leaders are expected to discuss … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger striker in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more

COP27: We’re on a highway to climate hell, U.N. boss says

COP27: We’re on a highway to climate hell, U.N. boss says

China, United States have leading role Guterres seeks coal phase-out by 2040 UAE, host of 2023 talks, says will keep producing fossil fuel SHARM EL-SHEIKH, EGYPT, Nov 7 (Reuters) – United Nations Secretary General Antonio Guterres told countries gathered at the start of the COP27 summit in Egypt on Monday they face a stark choice: … Read more