Author: Justin M. Larson
The headquarters of the Abu Dhabi National Oil Co. (ADNOC), right, and Etihad Towers, center, surrounded by residential and commercial properties in Abu Dhabi, United Arab Emirates, on Sunday, April 10, 2022. It is not just about the oil production that countries need to pay attention to, but also investments in renewables, Alhmeri affirmed.Christopher Pike | Bloomberg | Getty ImagesGlobal private-equity giant KKR has expanded its partnership with the Abu Dhabi National Oil Company, acquiring a minority stake in ADNOC Gas Pipeline Assets.That ADNOC subsidiary operates 38 gas pipelines and two export terminals in the United Arab Emirates. KKR did…
Jessica ParkerEurope correspondent in Copenhagen andPaul KirbyEurope digital editor in LondonReutersDenmark has reinforced security for the summit and allies have beefed up air defencesEU leaders gather in Copenhagen on Wednesday under pressure to boost European defence after a series of Russian incursions into EU airspace, and days after drones targeted Danish airports.The incursions have become most acute for countries on the EU’s eastern flank such as Poland and Estonia. Ten member states have already backed plans for a multi-layered “drone wall” to quickly detect, then track and destroy Russian drones.Denmark has beefed up security ahead of the summit, banning all…
Banking services have stopped, planes are grounded and aid distribution has been halted. The scope of the blackout is rare, even for a government that has increasingly rolled back freedoms. Source link
ReutersItalian leader Giorgia Meloni says a new US proposal has sparked “hope” of ending the Israel-Hamas warItalian Prime Minister Giorgia Meloni has told a flotilla sailing towards Gaza to stop, saying the latest attempt by activists to deliver aid risks derailing a US plan to end the war.More than 40 boats sailing in the Global Sumud Flotilla (GSF) have been accompanied by an Italian naval frigate, which Italian officials said would stop once the flotilla was 150 nautical miles (278km) from Gaza’s shoreline.Shortly after reaching that point on Wednesday, GSF said it was on “high alert” and that drone activity…
Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesIndia’s central bank kept its policy rate unchanged at 5.5% Wednesday, in line with the expectations of economists polled by Reuters, as it assessed the impact of earlier cuts.Inflation moderated significantly in the first quarter, but growth could decelerate in the second half of the financial year due…
The authorities in Toyoake, Japan, introduced a rule limiting the use of digital devices to two hours per day outside of work and school. Some residents say it is an overreach. Source link
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchThere is an old British saying about buses: you wait ages for one and then two arrive at once.Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca — delivered major announcements.GSK said Emma Walmsley, its CEO of nine years, who steered it through its demerger (its former consumer healthcare arm is now a separate company called Haleon), will leave at the end of the year. Her successor is Luke Miels, currently chief commercial officer, was poached from AZ amid acrimony eight years ago.AZ, meanwhile,…
The agreement came after an ICE raid on a factory in Georgia outraged one of America’s key allies. Source link
F-35 fighter jets of the Royal Netherlands Air Force in formation.Sopa Images | Lightrocket | Getty ImagesLUXEMBOURG – Europe is not at war with Russia, but it needs to take its threats seriously, Luxembourg’s head of state told CNBC Tuesday in an exclusive interview.A number of European nations have flagged new Russian threats in recent weeks. Poland, Romania and Estonia have all reported airspace violations by Russian jets or drones, while Denmark cited several “drone incidents” last week, and said it could not rule out that Moscow was involved.It has led some European officials, including the EU’s Commissioner for Economic…
The vast Global Digital Trade Expo in Hangzhou stood as a rebuke to U.S. efforts to hem in China’s technology. But the real competition is internal, and profits are hard to find. Source link
Kim Son Gyong began his speech by commending the opening address of UN Secretary-General António Guterres on 23 September where he said that no State can address global issues alone and promising UN reform.While Mr. Kim recognised the role of the UN in promoting multilateral cooperation to address poverty, disease and sustainable development, he said that the organization also faced “unprecedented severe crises” – which he blamed on “highhandedness and arbitrariness and avarice of hegemonic powers.”“The UN cannot be represented by a certain individual state or a small group of states,” he stated.Developing countries deserve a bigger sayHe went on…
He framed Nepal’s recent challenges and achievements as part of a broader call for strengthened multilateral action.Mr. Thapa opened by noting the youth-led political movement earlier this month – the “Gen-Z protests” – which demanded transparent governance, equal opportunities across Nepalese society and an end to corruption.“Their aspirations are for nothing less than a fair, just and prosperous Nepal,” he said, while also lamenting the violence that claimed lives and damaged public infrastructure during the demonstrations.He highlighted the subsequent political milestones following the transformational protests, including the appointment of the country’s first female Prime Minister and the upcoming general elections…
All GP surgeries in England are required to offer online appointment bookings from today.Practices must keep their websites and app services available from at least 8am to 6.30pm, Monday through Friday, for non-urgent appointments, medication queries and admin requests. Many surgeries are already offering online bookings and consultations, but services are typically less effective in working-class areas.The Department of Health and Social Care says there is a lack of consistency, as some surgeries that offer online services are choosing to switch the function off during busier periods.The British Medical Association (BMA) has argued safeguards have not been put in place,…
At the heart of the emergency are the Rohingya Muslims, denied Burmese citizenship, driven from their homes and forced into camps or exile.More than a million now live as refugees in Bangladesh, while countless more remain displaced or trapped – alongside other minorities – inside Myanmar under conditions UN leaders described as “dire” and “unsustainable.”The conference at UN Headquarters in New York, brought together top UN officials, heads of state and governments, to galvanise action alongside Rohingya activists.Briefings and reports laid bare the daily realities since the February 2021 military coup: forced recruitment, sexual violence, airstrikes, starvation and mass displacement.Humanitarian…
The North African country has been split between two competing administrations for more than a decade, following the overthrow of former leader Muammar Gaddaffi in 2011.Last month, the UN proposed a roadmap that would last from 12-18 months leading to general elections and a new unified Government.UN support critical“I stand before you today representing the will of a people that is still holding on to hope, still believing in its ability to build a stable and prosperous future,” said Mohamed Younis Al-Menfi of the internationally recognized Government of National Unity (GNU).“Libya is not a zone for fighting. It’s not an arena to…
President Petro opened by recalling that in his first speech to the Assembly he warned of conflicts in Ukraine and Gaza, and proposed a peace conference. But he argued that over the intervening years, the “horrific situation” in Palestine and elsewhere have proven how unprepared the world was.“Perhaps a global stone age has descended on all of humankind,” he said, noting that powerful nations use violence and pointed to attacks against unarmed youth in the Colombian Caribbean region and the deaths of tens of thousands in Gaza.Stating that the General Assembly is “mute witness to genocide,” he called for decisive…
The United Nations Assistance Mission in Afghanistan (UNAMA) called on Taliban leaders to immediately and fully restore Internet and telecommunications services.“As of yesterday, 1700 hours, we were informed that the telecommunications and fibreoptic connectivity in Afghanistan is going to be suspended until further notice,” said the top UN official in the country, Indrika Ratwatte, via a patchy satellite video link from Kabul.“The rest of the country is completely cut off right now, by and large,” he explained, adding that connectivity has been lost with aid teams in the “deep field” who are delivering assistance to survivors of last month’s quake…
The urgency reflects a global reality – that the UN risks losing relevance in the face of today’s polycrisis – from blatant disregard for international norms and unending conflicts to runaway climate disasters and crushing debt burdens.Africa’s leaders grounded their appeals in lived experience, describing constant struggles with exceedingly fragile economies, recurring droughts, youthful populations bereft of opportunity, and the persistent imbalance of power within international institutions.On Thursday, the overarching message was clear: without reform, the promise of the UN Charter cannot be fulfilled, and a weak United Nations cannot serve “We the peoples.”Guinea-Bissau: We are equals President Úmaro Sissoco…
The resolution – co-penned by Panama and the United States, and backed by dozens of countries in the region and beyond – was adopted by a vote of 12 in favour, with three abstentions from China, Pakistan, and Russia.Under an initial 12-month mandate, the GSF will work in close coordination with the Haitian National Police (HNP) and the Haitian armed forces to conduct intelligence-led operations to neutralise gangs, provide security for critical infrastructure, and support humanitarian access.The 5,550-strong force will also protect vulnerable groups, support reintegration of former fighters and help strengthen Haitian institutions.The Multinational Security Support (MSS) mission, authorised…
“There are discrepancies between the progress we see on paper and the reality we observe on the ground which continues to be marred with violence,” said Bintou Keita, presenting the Secretary-General’s latest report.She highlighted progress since the signing of the Washington Agreement between the DRC and Rwanda on 27 June, including the signing of a declaration of principle between the Congolese Government and the AFC/M23 rebel group in Doha the following month. The DRC has long accused Rwanda of supporting the M23 and the developments came in the wake of a deadly offensive in the eastern provinces of North Kivu…
The UN Security Council has backed a resolution authorising the transition of the Kenyan-led support mission for Haiti into a new Gang Suppression Force, in close cooperation with Haitian authorities. US Ambassador Michael Waltz said it offered new hope for the country’s future as “a key first step” to address the humanitarian and security crisis there. Follow the meeting live below; UN News app users need to click here for coverage. Source link
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea.Mongkol Chuewong | Moment | Getty ImagesAsia-Pacific markets were set to open higher Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to wrangle over details of a second temporary spending bill.Investors in Asia will look toward the Reserve Bank of India’s rate decision late Wednesday. Investors are also awaiting the Bank of Japan’s Tankan index, which measures business sentiment among Japanese companies and is closely watched by the central bank.Futures for Australia’s S&P/ASX…
A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty ImagesThe European Union is less than three months away from launching its carbon levy — the world’s first large-scale border tax on carbon-intensive goods.The forthcoming step, which has the potential to completely transform global trade, comes as part of the bloc’s efforts to slash greenhouse gas emissions from heavy industries and promote cleaner production processes across the globe.Starting from Jan. 1 next year, the EU’s Carbon Border Adjustment Mechanism (CBAM) will impose a cost…
Postal workers walked off the job to protest cost-cutting measures ordered by the government that are likely to lead to major job losses. Source link
