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

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

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

Attackers injure pro-Russia judge who sentenced foreigners to death in Ukraine

Attackers injure pro-Russia judge who sentenced foreigners to death in Ukraine

Nov 5 (Reuters) – Ukrainian attackers shot and seriously injured a judge in an eastern Russian-controlled region of Ukraine who sentenced three foreigners to death in June, a pro-Moscow official said on Saturday. Denis Pushilin, the administrator of Russian-controlled parts of Ukraine’s Donetsk region, said Alexander Nikulin had been injured late on Friday in the … Read more

Once wary of immigrants, Canadian town sends out global labor SOS

Once wary of immigrants, Canadian town sends out global labor SOS

OTTAWA/MONTREAL, Oct 27 (Reuters) – Herouxville, a small town in Canada’s Quebec, hit the headlines 15 years ago when it issued a code of conduct for would-be immigrants, warning them not to stone women or burn them alive, and to only cover their faces at Halloween. Fast forward to 2022, and it’s actively courting new … Read more

Egypt to develop new currency indicator to wean people off U.S. dollar

Egypt to develop new currency indicator to wean people off U.S. dollar

CAIRO, Oct 23 (Reuters) – Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the U.S. dollar, the new central bank governor said on Sunday. Hassan Abdalla, appointed in August, told an economic conference that the central bank was also working to … Read more

EXCLUSIVE U.S. says Russia oil price cap will not be aimed at OPEC

EXCLUSIVE U.S. says Russia oil price cap will not be aimed at OPEC

LONDON, Oct 19 (Reuters) – New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be replicated against OPEC producers, whose plans to cut output have irked consumer countries, a United States Treasury official told Reuters. Washington has communicated to representatives of the Organization of the … Read more

OPEC+ members line up to endorse output cut after U.S. coercion claim

OPEC+ members line up to endorse output cut after U.S. coercion claim

U.S. claimed more than one OPEC country coerced into cut Iraq Kuwait, other OPEC+ members, stand by decision Saudi defence minister says decision was purely economic CAIRO Oct 16 (Reuters) – OPEC+ member states lined up on Sunday to endorse a steep production cut agreed this month after the White House, stepping up a war … Read more