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Environment

Brazil’s justice sentences Vale, BHP and Samarco to pay $9.7 billion in damage repair

SAO PAULO (Reuters) - A Brazilian judge sentenced miners Vale, BHP and their joint-venture Samarco to pay 47.6 billion reais ($9.67 billion) in damage repairs over a burst tailings dam in 2015,

Environmental, Indigenous groups in Ecuador threaten action over Amazon oilfield

By Alexandra Valencia QUITO (Reuters) - Environmentalists and Indigenous groups in Ecuador on Thursday said that President Daniel Noboa risks being removed from office if he does not comply with a

Animal rights activists interrupt papal service in Rome

ROME (Reuters) - Two women from an animal rights group interrupted a vespers service presided over by Pope Francis at a Rome basilica on Thursday, shouting and holding up banners against bullfighting

Climate worries begin early in Iberia as January heats up

MADRID/LISBON (Reuters) - Spring temperatures in the middle of Spain's winter lured people to beaches and outdoor cafes on Thursday - but even those enjoying the unusually warm weather voiced concerns

US directs $254 million to cut emissions from heavy industry

WASHINGTON (Reuters) - The Biden administration said on Thursday it is directing about $254 million in funding for projects aiming to cut greenhouse gas emissions from heavy industry such as iron,

Fight brewing over Biden climate funds that help farmers in Republican-leaning states

By Leah Douglas WASHINGTON (Reuters) -An effort by Republican U.S. lawmakers to reallocate $18 billion in climate-friendly agriculture funding under President Joe Biden's signature climate law would

IKEA sets new targets for emissions cuts as more factories switch to renewable power

By Helen Reid LONDON (Reuters) - IKEA, the world's biggest furniture brand, on Thursday said it aims to cut emissions by 50% by its 2030 financial year, up from its previous target of 15% which it

Airbus launches first global aircraft recycling project in southwest China -Xinhua

BEIJING (Reuters) - Airbus has unveiled its first global aircraft recycling project in aviation hub Chengdu in southwest China, state-run Xinhua news agency reported on Thursday. The Airbus Lifecycle

Colombia to declare a natural disaster over wildfires

By Nelson Bocanegra and Oliver Griffin BOGOTA (Reuters) - Colombia's President Gustavo Petro said on Wednesday he will declare that wildfires burning in the country are a natural disaster, freeing up

Libya’s September flood requires $1.8 billion in recovery funds, report says

(Reuters) - Libya's deadly flash flood in September constituted a climate and environmental catastrophe that requires $1.8 billion in reconstruction and recovery, an international report said on

On Camera

Hormuz crisis won’t replace the dollar with yuan. De-dollarisation is a myth

Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.

Haryana’s new industrial policy in the works, but industry says old problems remain unsolved

Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.

Military pushes for private participation in space, more Indian satellites. ‘Can’t rely on single entity’ 

CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.