U.S. Senate approves bill to fight climate change, cut drug costs in win for Biden

U.S. Senate approves bill to fight climate change, cut drug costs in win for Biden

WASHINGTON, Aug 7 (Reuters) – The U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change, lower drug prices and raise some corporate taxes, a major victory for President Joe Biden that Democrats hope will aid their chances of keeping control of Congress in this year’s elections. After a marathon, … Read more

Senate Democrats battle to pass $430 billion climate, drug bill

Senate Democrats battle to pass 0 billion climate, drug bill

WASHINGTON, Aug 6 (Reuters) – The U.S. Senate on Saturday began debating a Democratic bill to address key elements of President Joe Biden’s agenda – tackling climate change, lowering the costs of medication for the elderly and energy, while forcing corporations and the wealthy to pay more taxes. The debate began after the Senate voted … Read more

Kentucky floods kill at least 28 – ‘Everything is gone’

Kentucky floods kill at least 28 – ‘Everything is gone’

July 31 (Reuters) – Floods unleashed by torrential rains in eastern Kentucky have killed at least 28 people, including four children, Governor Andy Beshear said on Sunday as authorities worked to provide food and shelter for thousands of displaced residents. Some homes in the hardest hit areas were swept away after days of heavy rainfall … Read more

Europe agrees compromise gas curbs as Russia squeezes supply

Europe agrees compromise gas curbs as Russia squeezes supply

Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register EU ministers agree to emergency gas use cuts Voluntary cuts would become binding in supply emergency Final deal exempts numerous countries, industries EU racing to save gas as Russia slashes supply BRUSSELS, … Read more

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

Exclusive: Biden to waive tariffs for 24 months on solar panels hit by probe

U.S. President Joe Biden walks across the South Lawn after disembarking from Marine One as he returns from Rehoboth Beach, Delaware, with the first lady at the White House in Washington, U.S., June 5, 2022. REUTERS/Elizabeth Frantz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 5 (Reuters) – President Joe Biden will … Read more

Biden says no change on ‘strategic ambiguity’ as Taiwan overshadows Quad talks

Biden says no change on ‘strategic ambiguity’ as Taiwan overshadows Quad talks

TOKYO, May 24 (Reuters) – President Joe Biden said on Tuesday there was no change to a U.S. policy of “strategic ambiguity” on Taiwan, a day after he angered China by saying he would be willing to use force to defend the democratic island. The issue of Taiwan loomed over a meeting in Tokyo of … Read more

EU to map out escape route from Russian fossil fuels

EU to map out escape route from Russian fossil fuels

A 3D printed Natural Gas Pipes are placed on displayed EU and Russian flags in this illustration taken, January 31, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 18 (Reuters) – The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its … Read more

EU energy ministers hold crisis talks after Russian gas cuts

EU energy ministers hold crisis talks after Russian gas cuts

BRUSSELS, May 2 (Reuters) – Energy ministers from European Union countries hold emergency talks on Monday, as the bloc strives for a united response to Moscow’s demand that European buyers pay for Russian gas in roubles or face their supply being cut off. Russia halted gas supplies to Bulgaria and Poland last week after they … Read more

OPEC tells the EU that it is not possible to replace potential Russian oil supply losses

OPEC tells the EU that it is not possible to replace potential Russian oil supply losses

OPEC logo pictured prior to an informal meeting of members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, 28 September 2016. REUTERS / Ramzi Boudina Sign up now for FREE unlimited access to Reuters.com Sign up BRUSSELS / LONDON, April 11 (Reuters) – OPEC told the European Union on Monday that … Read more

Exclusive: Canada invests C $ 2 billion in mineral strategy for electric battery supply chain

Exclusive: Canada invests C $ 2 billion in mineral strategy for electric battery supply chain

OTTAWA, April 4 (Reuters) – Canada’s federal budget will include an investment of at least C $ 2 billion ($ 1.6 billion) in a strategy to accelerate the production and processing of critical minerals needed for the supply chain for electric vehicles (EV), two senior government sources said. The government of Prime Minister Justin Trudeau, … Read more