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Environment

Alliance of Small Island States sees ‘a litany of loopholes” in COP28 text

DUBAI (Reuters) - The Alliance of Small Island States said on Wednesday it saw "a litany of loopholes" in a proposed text for a climate deal at the COP28 summit. "The text does not speak specifically

River Rhine in south Germany remains closed to shipping

HAMBURG (Reuters) - Parts of the river Rhine in south Germany are closed to shipping on Wednesday and are expected to remain shut in the coming days after heavy rain and melting snow increased water

Reaction to proposed COP28 climate deal

DUBAI (Reuters) - The COP28 presidency released on Wednesday a proposed text for a final climate deal that would for the first time push nations to "transition away" from fossil fuels to avert the

Reaction to the UN’s final proposal for COP28 deal

DUBAI (Reuters) - The COP28 presidency released on Wednesday a proposed text for a final climate deal that would for the first time push nations to "transition away" from fossil fuels to avert the

COP28 proposed deal references transition away from all fossil fuels

DUBAI (Reuters) -The U.N.'s climate body on Wednesday published the proposed text of the deal countries hope to reach at the COP28 summit in Dubai, which included a reference to transitioning away

Drought fears keep Australian farmer confidence near 5-year low, survey finds

CANBERRA (Reuters) - Rainfall in some parts of Australia has helped lift confidence among Australian farmers, but their expectations for the future remain near their most pessimistic level since 2018,

Arctic warming threatens wider world with rising seas-US report

By Timothy Gardner and Daniel Trotta (Reuters) - The Arctic experienced the warmest summer on record this year, contributing to extraordinary wildfires and melting glaciers while threatening the rest

Environmental groups ask lenders to avoid LNG project in Papua New Guinea

By Lewis Jackson SYDNEY (Reuters) -Major global lenders should refuse to finance a liquefied natural gas (LNG) project in Papua New Guinea to help keep global warming in check, civil society groups

Countries rush for climate deal on fossil fuels as COP28 extends overtime

COP28 Director Al Suwaidi said they were aiming for a 'historic' deal that included mentioning fossil fuels but that it was up to countries to agree.

Russia’s Sibur to issue carbon credits under international programme

MOSCOW (Reuters) - Russia's Sibur, the largest petrochemical producer in eastern Europe, said on Tuesday it plans to start issuing carbon credits outside Russia after applying to register a solar

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.