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☆ Arizona ruling puts abortion politics in the spotlight in battleground state
▼ + stars: | 2024-04-10 | by ( Arit John | ) edition.cnn.com time to read: +8 min

They’ll also have a chance to vote directly on the abortion ban the court has revived – abortion rights groups are currently in the signature gathering process, which has gained a new level of urgency. He added that he would not sign a federal abortion ban if one was passed through Congress. Katie Hobbs to “come up with an immediate common sense solution that Arizonans can support.” She also said she’s opposed to a federal abortion ban. Since then, abortion rights have proven to be a driving issue nationwide. Arizona is one of nearly a dozen states that could have an abortion rights measures on the November ballot.

Persons: Donald Trump, They’ll, ”, Barrett Marson, “ It’s, Trump, ” Trump, Juan Ciscomani, Kari Lake, Ruben Gallego, Katie Hobbs, “, she’s, Gallego, Lake, Roe, Wade, Doug Ducey, Weeks, Hobbs, Stacy Pearson, –, Joe Biden, Biden, Kamala Harris, ” Harris, ‘, ” Biden, Harris, ” Hobbs, CNN’s Anderson Cooper, Marjorie Dannenfelser, “ We’ve, Chris Love, we’ve, ” CNN’s Kate Sullivan, Ebony Davis, Ali Main Organizations: CNN, Donald Trump . Arizona, Senate, Arizona GOP, Hartsfield, Jackson Atlanta International Airport, Republicans, GOP, Democratic Rep, Democratic, Republican, Biden, Trump, Arizona, SBA, ”, Abortion Locations: Arizona, Hobbs, Tucson

☆ World Central Kitchen Has Fed People in Disaster and War Zones Around the Globe
▼ + stars: | 2024-04-02 | by ( Victoria Kim | ) www.nytimes.com time to read: +1 min

The nonprofit group teams up with local food providers, governments and restaurateurs to quickly scale up and provide meals to people in need. The organization said the Israeli military was behind the attack. The group says it operates 68 “community kitchens” in Gaza, and has sent in more than 1,700 trucks loaded with food and cooking equipment so far in nearly six months of war. World Central Kitchen is a relatively new aid provider in Gaza, where people have been heavily reliant on humanitarian assistance for decades because of a long-running Israeli blockade. In March, it became the first entity to deliver aid by sea to the enclave in nearly two decades by building a makeshift jetty fashioned out of rubble.

Persons: José Andrés, ” Locations: Haiti, Gaza

☆ Trump Gets Bond Deal to Ward Off $454 Million Judgment, for Now
▼ + stars: | 2024-04-01 | by ( Ben Protess | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump averted a financial disaster on Monday, reaching a deal that will spare him from paying a $454 million judgment in his civil fraud case while he appeals the penalty. The lifeline came in the form of a bond that will prevent New York’s attorney general, who brought the lawsuit that led to the judgment, from collecting the $454 million until Mr. Trump’s appeal is resolved. The attorney general, Letitia James, accused Mr. Trump of fraudulently inflating his net worth by as much as $2 billion, and a judge ruled in her favor. Mr. Trump secured the bond after an appeals court last week granted his request to lower the bond amount to $175 million, staving off a financial crisis for Mr. Trump. When the appeals court ruled last week, it gave him 10 days to line up the bond, making Thursday the deadline.

Persons: Donald J, Trump, Letitia James, Mr, ”, James Organizations: Mr

☆ Trump Can Post Smaller Bond in Civil Fraud Case, Court Rules
▼ + stars: | 2024-03-25 | by ( Ben Protess | William K. Rashbaum | ) www.nytimes.com time to read: +1 min

With Donald J. Trump on the clock to secure a nearly half-billion-dollar bond in his civil fraud case, a New York appeals court appears to have handed the former president a lifeline on Monday, saying it would accept a far smaller bond of $175 million. The ruling by a five-judge panel of appellate court judges was a crucial and unexpected victory for the former president, potentially staving off a looming financial disaster. Had the court denied his request — and had he failed to obtain the full bond — Mr. Trump risked of losing control over his bank accounts and, eventually, even some of his marquee properties. If Mr. Trump obtains the smaller bond, it would prevent the New York attorney general’s office, which brought the case accusing him of fraudulently inflating his net worth, from collecting while Mr. Trump appeals the $454 million judgment imposed by a trial judge. Mr. Trump has 10 days to secure the bond, and two people with knowledge of his finances said he should be able to do so by then.

Persons: Donald J, Trump Organizations: New Locations: New York

Before noon, Merchan had already dismissed the allegations from Trump’s attorneys, ruling there were no violations and that the trial will begin with jury selection on April 15. Trump faced a Monday deadline to post bond or else New York Attorney General Letitia James could have begun the process of seizing his property. ‘It will be my honor to post,’ Trump saysTrump didn’t speak inside the courtroom Wednesday, but he still had plenty of chances to make his views of Monday’s developments known. In the other three, he may yet be successful, though the New York trial is now set to begin in three weeks. Immediately after Merchan’s decision to start the hush money trial next month, Trump’s attorneys sought another way to push back the start of the trial.

Persons: Donald Trump, Juan Merchan, Trump, Michael Cohen, Trump’s, Merchan, Attorney Alvin Bragg, reimbursements, Cohen, Stormy Daniels, Letitia James, Jean Carroll, staving, James, ’ Trump, ” Trump, ”, …, “, ” Merchan, Bragg’s, Todd Blanche —, Blanche, Daniels Organizations: CNN, Trump, Manhattan, Attorney’s Office, US, Office, Southern, of, Attorney, New, FBI Locations: New York, York, of New York

That same day, Mr. Trump’s campaign announced that the former president would appear alongside Mr. Moreno on Saturday in Dayton, widely interpreted as a sign that Mr. Moreno could benefit from an 11th-hour boost. Simultaneously, Mr. Moreno and his backers have portrayed Mr. Dolan as not sufficiently supportive of Mr. Trump. After Mr. Trump overwhelmingly won the former battleground state in 2016 and 2020, Ohioans sent J.D. Image Mr. Moreno has been endorsed by, and campaigned with, several Republicans with ties to Mr. Trump, including Gov. Mr. LaRose and Mr. Moreno have banded together to attack Mr. Dolan as disloyal to Mr. Trump, while both Mr. Dolan and Mr. LaRose have accused Mr. Moreno of shifting his views on everything from gun control to Mr. Trump himself.

Persons: Donald J, Trump’s, Bernie Moreno, Sherrod Brown, Moreno, Matt Dolan, Frank LaRose, Dolan, Mike DeWine, Rob Portman, LaRose, Mr, Trump, Donald Trump, ”, Ryan Stubenrauch, DeWine, Portman, Brown, Ohioans, J.D, Vance, Biden, Moreno’s, “, Mitch McConnell, McConnell, Donald Trump Jr, ” Mr, ” Reagan McCarthy, won’t, Jim Renacci, “ Trump, Katie Smith, they’ll, Kristi Noem, Vivek Ramaswamy, Vance of Ohio, —, Noem, Donald Trump isn’t, Mitzi Baird, ” Ms, Baird, Michael C, Bender Organizations: Republican, Republicans, Democrat, Senate, Mr, Democratic, Cleveland Guardians, Trump, Republican Party —, National Republican Senatorial Committee, Ohio Democratic Party, U.S . Army, Washington , D.C, ”, Lincoln Locations: Ohio, Dayton, Arizona, Cleveland, Washington, G.O.P, battlegrounds, Pennsylvania, Georgia, South Dakota, Cincinnati, Washington ,, Columbus, Elyria, Vermilion

☆ 4 supplements a dietician takes to age better after weighing the pros and cons
▼ + stars: | 2024-03-14 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewProfessor Cynthia Thomson doesn't rely on supplements to stay healthy. "And then looking at my diet and going, 'I'm not going to be able to get to that level.'" These supplements are merely an addition to her plant-heavy diet, where she gets most of her nutrientsThomson says most of her diet is plants. At home, she likes to eat tofu, tempeh, kefir, salmon, nuts and seeds, as well as plenty of vegetables.

Persons: —, Cynthia Thomson doesn't, she's, Thomson, — Thomson, I'm, alvarez Thomson —, — prioritizes Organizations: Service, Business, Getty

☆ Trump Posts $91.6 Million Bond for Defamation Judgment in Carroll Case
▼ + stars: | 2024-03-08 | by ( Benjamin Weiser | Ben Protess | ) www.nytimes.com time to read: 1 min

Donald J. Trump on Friday posted a $91.6 million bond in a defamation case he recently lost to the writer E. Jean Carroll, staving off a potential legal and financial disaster just days before a deadline to secure the deal. The bond, provided by an outside insurance company, will prevent Ms. Carroll from collecting the judgment while Mr. Trump appeals. A federal jury awarded Ms. Carroll $83.3 million in January, and Mr. Trump recently asked that the judgment be paused. The judge presiding over the case, Lewis A. Kaplan, denied Mr. Trump’s request for a preliminary reprieve, putting pressure on Mr. Trump to either come up with the money himself or secure the bond. With a Monday deadline looming, Mr. Trump posted the bond, which is higher than the $83.3 million judgment because the former president is also responsible for interest.

Persons: Donald J, Trump, Jean Carroll, staving, Carroll, Lewis A, Kaplan, Trump’s

☆ Ukraine’s Deepening Fog of War
▼ + stars: | 2024-02-24 | by ( Marc Santora | ) www.nytimes.com time to read: +1 min

The forecasts are anything but optimistic: The best Ukraine can hope for in 2024, many Western officials and analysts say, is to simply hold the line. Western nations, buoyed by Ukraine’s success, promised aid to help Ukrainians break through Russian lines. Ukraine’s own domestic arms production was mired in bureaucracy, top military officials have said. Those weaknesses, and some strategic battlefield missteps, stymied Ukraine’s widely telegraphed counteroffensive, which resulted in only marginal territorial gains. At the same time, Russia was fortifying its defensive lines, converting its economy to war production, conscripting hundreds of thousands of fighters and adjusting its strategy for renewed offensives this winter.

Persons: staving Locations: Ukraine, Russia

☆ A leading scientist says you can skip the memory supplements. Protein is where it's at.
▼ + stars: | 2024-02-22 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +3 min

A leading food and drug chemist says most memory supplements are likely bogus. But getting enough protein, from plant sources like nuts, beans, and whole grains can help. There are hundreds of supplements out there promising to "boost" your brain health or perform a "miracle" for your mind. Science shows plant proteins and mixed berries are great for aging brainsSandy Schulze/APSchwartz looks to the long-term Nurses Health Study for better evidence. It's a landmark public health study that has been running in the US since 1976.

Persons: Joseph Schwartz, It's, Sandy Schulze, Schwartz, munch Organizations: Science, Society, McGill University, Health, Nurses Health

☆ Pricey stocks and homes, shaky banks, office turmoil, and people's debt woes are all worrying the Fed
▼ + stars: | 2024-02-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

AdvertisementThe Federal Reserve is worried about expensive stocks and homes, sinking office prices, shaky banks, and cash-strapped consumers. The S&P 500 soared to record highs this year as investors bet that the Fed will conquer inflation and start cutting rates within months, pushing stocks higher and staving off a recession. Fed economists said during their latest meeting that the value of multi-family homes, offices, and other commercial real estate could decline further. AdvertisementThe commercial real estate sector certainly faces a raft of headwinds. But its experts are clearly concerned about lofty stocks and home values, further commercial real estate fallout, vulnerable banks, and struggling consumers as potential threats to a soft landing.

Persons: They've Organizations: New, New York Community, Silicon Valley Bank Locations: New York, Silicon

☆ A critical climate goal may be ‘deader than a doornail,’ and scientists are bitterly divided over it
▼ + stars: | 2024-01-18 | by ( Laura Paddison | ) edition.cnn.com time to read: +10 min

“Anybody who understands the physics knows that.”Hansen’s words have heft — he is widely credited as the first scientist to publicly sound the alarm on climate change in the 1980s. Climate change is fueling storms in both the summer and winter. The year came within a whisker of breaching 1.5 degrees, according to data from the Copernicus Climate Change Service. “For all practical purposes we are only going to be looking at 1.5 degrees in the rearview mirror,” he said. Why 1.5 mattersFew scientists will dispute that the world faces a daunting path to limit warming to 1.5 degrees.

Persons: James Hansen, Lauren Owens Lambert, I’ve, Jim, ”, Michael Mann, Hansen, Friederike Otto, “, it’s, Niño, Hurricane Idalia, Joe Raedle, ” Otto, –, Storm Daniel, Karim Sahib, Bill McGuire, ” McGuire, Chris Smith, El Niño, Mann, Samantha Burgess, Copernicus, Otto said, ’ ” Smith, “ we’ve, McGuire, Otto Organizations: CNN, Getty, University of Pennsylvania, Imperial College London’s Grantham Institute, “, United, Hurricane, University College London, University of Leeds Locations: Hampton , New Hampshire, AFP, United States, Europe, Tarpon Springs , Florida, Paris, Libya's, Derna, kilter

HONG KONG (AP) — A Hong Kong court will convene a hearing Monday on troubled Chinese property developer Evergrande’s plans for restructuring its more than $300 billion in debts and staving off liquidation. The company, the world’s most indebted property developer, ran into trouble when Chinese regulators cracked down on excessive borrowing in the real estate sector. The Hong Kong High Court has postponed the hearing over Evergrande’s potential liquidation several times. But others including Country Garden, China's largest real estate developer, have also run into trouble, their predicaments rippling through financial systems in and outside China. Police are investigating Zhongzhi Enterprise Group, a major shadow bank in China that has lent billions in yuan (dollars) to property developers, after it said it was insolvent with up to $64 billion in liabilities.

Persons: Hui Ka Yan, Linda Chan, Evergrande Organizations: Hong, Hong Kong High Court, Police, Zhongzhi Enterprise Group Locations: HONG KONG, Hong Kong, Beijing, China

☆ 10 Works and Performances That Helped Me Make Sense of 2023
▼ + stars: | 2023-12-02 | by ( Salamishah Tillet | More About Salamishah Tillet | ) www.nytimes.com time to read: +2 min

I was staving off my own mourning as my family prepared for the 10th anniversary of my brother Shaka’s death from cancer. That, coupled with political crises and global despair, pushed me to find film, television and performances that helped me make sense of my grief and, hopefully, find a release for it. I can’t think of three more heart-wrenching performances of parental loss than Shiv (Sarah Snook), her voice breaking as she pleads, “Daddy? A man without a company, it is a fate that, for him, is far worse than death. (Read our review of the “Succession” finale.)

Persons: ” Juicy, Shakespeare’s, Z, Marcel Spears, Juicy, Ham, ’, Logan Roy, Brian Cox, Jesse Armstrong, that’s, Sarah Snook, “, Don’t, Kieran Culkin, Kendall, Jeremy Strong Organizations: Broadway Locations: Ham

☆ Biden Signs Spending Bill, Staving Off a Government Shutdown
▼ + stars: | 2023-11-17 | by ( Lisa Friedman | More About Lisa Friedman | ) www.nytimes.com time to read: +1 min

President Biden signed a short-term government funding bill on Thursday, narrowly averting a government shutdown but leaving a larger spending clash for Congress early next year. The Senate gave final approval to the package late Wednesday, about 48 hours before a shutdown deadline at midnight Friday. The vote in the Senate was 87 to 11, with 10 Republicans and one Democrat, Michael Bennet of Colorado, opposing the bill. It was approved by the House on Tuesday with near-unanimous support from Democrats and nearly half of House Republicans opposing it. The spending plan does not include additional aid for Israel or Ukraine.

Persons: Biden, Michael Bennet of Colorado Organizations: Congress, Energy Department, Jan, Republicans Locations: Israel, Ukraine, San Francisco, Pacific

The House on Tuesday voted in favor of a stopgap measure to keep the government funded, with Democrats propelling it to passage after conservative opposition put its approval in jeopardy. House Democrats throughout the day Tuesday were largely mum on whether they would support the resolution, as its fate hung in the balance. They added that House Republicans should work with Democrats on the full-year spending bills going forward. Political Cartoons on Congress View All 272 ImagesFor Democrats, the measure fostered some initial skepticism, with an unusual two-step timeline put forward by the House Freedom Caucus. But ultimately, it aligned with their priorities in a surprise to many as the new, more conservative House speaker took the reins of the chamber.

Persons: Rosa DeLauro, Mike, ”, Chip Roy, Mike Johnson, “, ” Johnson, “ You’ve, Kay Granger Organizations: Senate, Jan, House Democrats, Republicans, House, Caucus, Democrats, Texas Republican, House Republican Locations: Connecticut, Texas

☆ Consumers are still spending, but they're under pressure. These stocks still have room to run
▼ + stars: | 2023-11-06 | by ( Pia Singh | ) www.cnbc.com time to read: +12 min

Persistent inflationary pressures have led to depressed levels of consumer spending all year, according to Bank of America. Consumers are still spending — in fact, they're spending more than they are earning — as employment levels and hourly wage growth remain fairly strong . Some analysts see an opportunity to pick up shares of battered-down retail stocks. According to Barclay's Yih, spending levels "almost have to be worse" next year. LPL's Roach similarly expects consumers spending to hit a roadblock in the coming months.

Persons: bode, Neuberger Berman, Steve Eisman, Jeffrey Roach, Adrienne Yih, Yih, Randy Hare, Ross, Polly Wong, Belardi Wong, James Lewis, Huntington's Hare, Bartlett, Chris Kempczinski, Lewis, …, it's, Anthony Chukumba, Chukumba, Wells, Ike Boruchow, Kathleen Entwistle, Entwistle, LPL's Roach, Morgan Stanley's Entwistle, Barclay's Yih, Roach Organizations: Bank of America, CNBC, Consumers, Barclays, Ross, Huntington National Bank, Bartlett Wealth Management, Walmart, Retailers, Republic, Urban Outfitters, Eagle Outfitters, National, Capital, National Vision, Nike, Ross Stores, Morgan Stanley Private Wealth Management, Investments, Citizens JMP Securities, Delta Air Lines, Deutsche Bank Locations: U.S, Wells Fargo

☆ UAW reaches tentative deal with General Dynamics, preventing strike
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. Earlier this month, over 1,000 UAW members in Michigan, Ohio and Pennsylvania plants had voted to authorize a strike after a four-year agreement was set to expire on Oct. 22, 11.59 pm ET. UAW members at the company make military vehicles including tanks and light armored vehicles, according to the union. Details of the proposed agreement, which needs to be ratified by UAW workers, were not immediately available. General Dynamics has said it expects to negotiate the terms of 28 agreements with unions and works councils, covering about 12,600 employees this year.

Persons: Rebecca Cook, staving, Abrams, Abhinav Parmar, Priyamvada, Krishna Chandra Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, General Dynamics, Dynamics, U.S ., Detroit Three, General Motors Co, Ford Motor, Thomson Locations: Delta Township, Michigan, Michigan , Ohio, Pennsylvania, Ukraine, U.S, China, Taiwan, Bengaluru

☆ NZ's Fletcher Building set for worst day in 12 years amid pipe leak claims
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

A sign for Fletcher Building Ltd adorns a crane at a construction site in the New Zealand city of Auckland, June 25, 2017. ASX-listed shares slumped nearly 10% and were the top losers in the ASX 200 benchmark index (.AXJO). Shares of Fletcher were on a trading halt in both exchanges since last Thursday to allow the company to respond to the claims. The construction materials maker said in August nearly 1,500 of 15,000 houses constructed using its pro-fit polybutylene plumbing pipes had experienced leaks between mid-2017 and mid-2022. The stock was last down 12.1% and set for its worst day since Oct. 12, 2011, if losses hold.

Persons: David Gray, Fletcher, staving, JP Morgan, Himanshi, Sherry Jacob, Phillips Organizations: Fletcher, REUTERS, Buckeridge, of Companies, JP, Thomson Locations: New Zealand, Auckland, Australia, Perth, Bengaluru

Now, after a recent jail stint for tax fraud, Weisselberg is front and center again — set to testify Tuesday in the civil trial in New York Attorney General Letitia James’ fraud lawsuit against Trump and his company, the Trump Organization. James' lawsuit alleges that Weisselberg engineered Trump’s financial statements to meet his demands that they show increases in his net worth and signed off on lofty valuations for assets despite appraisals to the contrary. “Over the last number of months, it’s been I’m sure well-documented and well-known that I’ve been through quite a bit,” Weisselberg testified in a May deposition in the civil case. Weisselberg testified that he was having trouble sleeping, started seeing a therapist and was taking a generic form of Valium as he tried to “re-acclimate myself back to society." He might say magnificent,” Weisselberg testified.

Persons: Donald Trump’s, Allen Weisselberg, —, Letitia James ’, James, Weisselberg, Trump, Trump’s, it’s, ” Weisselberg, “, he’s, ” Jeffrey McConney, McConney, Arthur Engoron, Engoron, Fred, Donald Trump Organizations: Trump, Trump Organization, New, Trump Organization’s, Social Security Locations: New, Manhattan, New York City, Trump, New York, Sisak, x.com

Equal Employment Opportunity Commission last week, to allege rampant racial harassment at Tesla's flagship Fremont, California assembly plant. The judge ordered the second trial to determine damages after Diaz turned down a lower payout of $15 million. Tesla and lawyers for Diaz did not immediately respond to requests for comment. Orrick barred both sides from presenting new evidence or testimony at the second trial, which took place in March. Diaz claimed that Tesla's lawyers violated that directive by questioning him and other witnesses about alleged altercations between Diaz and other workers, which had not come up at the first trial.

Persons: Thomas Peter, Tesla, William Orrick, Owen Diaz, staving, Diaz, baselessly, Orrick, Daniel Wiessner, Lisa Shumaker, Alexia Garamfalvi Organizations: REUTERS, U.S, Commission, Thomson Locations: Beijing, China, California, San Francisco, Fremont , California, Fremont, Albany , New York

☆ Ex-Tesla factory worker loses bid for new trial in race bias
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: +3 min

An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. A Black former factory worker for Tesla lost his bid on Wednesday for a third trial in his race discrimination lawsuit against the electric carmaker, after a California federal judge rejected his claims that the company's lawyers had engaged in misconduct and tainted his trial. Equal Employment Opportunity Commission last week, to allege rampant racial harassment at Tesla's flagship Fremont, California assembly plant. The judge ordered the second trial to determine damages after Diaz turned down a lower payout of $15 million. Orrick barred both sides from presenting new evidence or testimony at the second trial, which took place in March.

Persons: Tesla, William Orrick, Owen Diaz, staving, Diaz, baselessly, Orrick Organizations: Tesla Fremont Factory, U.S, Commission Locations: Fremont , California, California, San Francisco, Fremont

CNN —Rep. Matt Gaetz on Monday moved ahead in his attempt to oust Speaker Kevin McCarthy from the top House leadership post, offering a motion to vacate the chair on the House floor – a rare procedural move that can be used to force a vote to remove the speaker. A floor vote to oust McCarthy would require a majority to succeed. According to House precedent, a resolution to remove the speaker would be considered privileged, a designation that gives it priority over other issues. To force a vote, a member must go to the House floor and announce their intent to offer the resolution to remove the speaker – as Gaetz did. Gaetz also cited the possibility of the House holding votes on sending aid to Ukraine as another reason to oust him.

Persons: Matt Gaetz, Kevin McCarthy, It’s, McCarthy, –, Mark Meadows, John Boehner, Boehner, Gaetz, Eli Crane, Bob Good, Andy Biggs, CNN he’s, ”, Tim Burchett, Hakeem Jeffries, Donald Trump, Joe Biden, ” Biden, “, Biden, we’ll, ” McCarthy, Karine Jean, Pierre, “ There’s Organizations: CNN —, Monday, GOP, Florida Republican, Capitol, Ohio Republican, CNN, Democratic, Conservatives, Republican Party, Ukraine Locations: Florida, North Carolina, Ohio, Ukraine

☆ Copper is critical to energy transition. The world is falling way behind on producing enough
▼ + stars: | 2023-09-27 | by ( Bob Woods | ) www.cnbc.com time to read: +8 min

watch nowIn the meantime, copper customers, in anticipation of shortages, are either delaying clean energy projects or reducing their need for copper, an economic principle known as demand destruction. Among other actions, it would dismantle most of the clean energy projects initiated by the Biden Administration. At that point, the consensus was that there would be a major copper supply response. That's presented the industry with a whole new era of copper demand, Adkerson said. China's economy has slowed, while those in the U.S. and Europe are striving to transition to clean energy.

Persons: Wood Mackenzie, Nick Pickens, we've, we're, Tesla, eyeing, Rishi Sunak, Richard Adkerson, he's, Adkerson, That's, Clayton Walker, Matt Murphy, Murphy, Walker Organizations: Polska Miedz SA, Bloomberg, Getty, EV, P, International Energy Agency, Heritage Foundation, Republican, Biden Administration, Phoenix, Resources, Freeport, Afp, Rio, Barclays, Rio Tinto, Caterpillar Locations: Glogow, Poland, Wood, EVs, McMoRan, Freeport, China, U.S, Europe, Papua, Freeport's Indonesia, Rio Tinto, Mongolia, Salt Lake City , Utah, Indonesia, Rio

☆ Climate Report Card Says Countries Are Trying, but Urgently Need Improvement
▼ + stars: | 2023-09-08 | by ( Brad Plumer | More About Brad Plumer | ) www.nytimes.com time to read: +1 min

Eight years after world leaders approved a landmark agreement in Paris to fight climate change, countries have made only limited progress in staving off the most dangerous effects of global warming, according to the first official report card on the global climate treaty. Many of the worst-case climate change scenarios that were much feared in the early 2010s look far less likely today, the report said. The authors partly credit the 2015 Paris Agreement, under which, for the first time, almost every country agreed to submit a voluntary plan to curb its own planet-warming emissions. Under the Paris Agreement, countries vowed to limit the rise in average global temperatures to “well below” 2 degrees Celsius, or 3.6 Fahrenheit, above preindustrial levels and make a good-faith effort to stay at 1.5 degrees Celsius. Earth has already heated up roughly 1.2 degrees Celsius since preindustrial times.

Locations: Paris, staving, United States, South Africa

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