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LONDON, Oct 26 (Reuters) - Sterling touched a new 20-month high against the euro on Tuesday, driven by diverging interest rate expectations for Britain and the euro zone, though concerns over economic growth and EU ties kept the currency broadly flat on the day. Money markets are pricing in a rate hike by the Bank of England at its Nov. 4 meeting, helping the pound rally around 2% versus the euro and the dollar so far this month . Short-dated gilt yields too have slipped from 17-month highs hit last week, with fears growing that impending policy tightening will exacerbate the slowdown. “Euro-sterling is trading close to the bottom end of its post-referendum low on BoE hike expectations. But UK growth momentum is weakening, which could see euro-sterling turn,” Bilal Hafeez, head of the MacroHive consultancy, told clients.
Persons: Sterling, ” Bilal Hafeez, Rishi Sunak’s Organizations: Britain, Bank of England, European Central Bank, ECB, EU, Union, Ireland, ” Scotiabank, Traders Locations: Britain, Northern Ireland
BRUSSELS (Reuters) - Divisions have deepened among European Union countries ahead of an emergency meeting of ministers on Tuesday on their response to a spike in energy prices, with some countries seeking a regulatory overhaul and others firmly opposed. REUTERS/Regis DuvignauEuropean gas prices have hit record highs in autumn and remained at lofty levels, prompting most EU countries to respond with emergency measures like price caps and subsidies to help trim consumer energy bills. In an indication of differences likely to emerge at the meeting, nine countries including Germany - Europe’s biggest economy and market for electricity - on Monday said they would not support EU electricity market reforms. “This will not be a remedy to mitigate the current rising energy prices linked to fossil fuels markets,” the countries said in a joint statement. A European Commission proposal to upgrade EU gas market regulation to make it greener, due in December, is seen as the earliest that such proposals would arrive.
Persons: Regis, Viktor Orban Organizations: Union, REUTERS, European Commission Locations: BRUSSELS, Bordeaux, soutwestern France, Spain, France, Czech Republic, Greece, Poland, Germany, Europe’s
A bird flies near the Association of Southeast Asian Nations (ASEAN) secretariat building, ahead of the ASEAN leaders' meeting in Jakarta, Indonesia, April 23, 2021. REUTERS/Willy KurniawanBANDAR SERI BEGAWAN, Oct 26 (Reuters) - A summit of Southeast Asian leaders got underway on Tuesday without a Myanmar representative, after its junta leader was excluded for failure to follow a regional peace deal and the ruling military refused to send junior representation. Neither Brunei, the Association of Southeast Asian Nations (ASEAN) chair, nor the bloc's secretary-general made a mention of the no-show in opening remarks at the virtual meeting. Brunei had said the bloc would invite a non-political representative from Myanmar, but there was no confirmation of this by the opening of the summit. In deciding to sideline the Myanmar junta boss, ASEAN cited his failure to make steps to end hostilities, initiate dialogue, allow humanitarian support and grant a special envoy full access in the country.
Persons: Willy Kurniawan BANDAR, BEGAWAN, Min Aung Hlaing, Joe Biden, Suu Kyi's, Michael Vatikiotis, Bandar Seri Begawan, Tom Allart, Kay Johnson, Michael Perry Organizations: Association of Southeast Asian Nations, ASEAN, REUTERS, Assistance Association for Political, National Unity Government, EU, Ain, Thomson Locations: Jakarta, Indonesia, Myanmar, Brunei, U.S, United States, China, South Korea, ASEAN, Cambodia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam, Asia, Geneva, Bandar Seri
European Commissioner in Charge of Internal Market Thierry Breton speaks on during a news conference on security and cybersecurity strategy at the EU headquarters in Brussels, Belgium June 23, 2021. Kenzo Tribouillard/Pool via REUTERSPARIS, Oct 26 (Reuters) - Thierry Breton, the French politician who is the European Commission's internal market commissioner, said on Tuesday that France was right to consider whether or not the European Union should decouple European electricity and gas prices. Breton also told BFM TV that he was not sure if a common buying policy of gas by the EU, as proposed by Spain, would be effective. Divisions have deepened among EU countries ahead of an emergency meeting of ministers on Tuesday on their response to a spike in energy prices, with some countries seeking a regulatory overhaul and others firmly opposed. read moreReporting by Sudip Kar-Gupta Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.
Persons: Thierry Breton, Kenzo Tribouillard, Breton, BFM, Sudip Kar, Raissa Organizations: EU, REUTERS, European Union, Thomson Locations: Brussels, Belgium, REUTERS PARIS, French, France, European, Spain
EU politician Breton says Brexit is "catastrophe" for UK
  + stars: | 2021-10-26 | by ( ) www.reuters.com   time to read: +1 min
European Commissioner in Charge of Internal Market Thierry Breton speaks on during a news conference on security and cybersecurity strategy at the EU headquarters in Brussels, Belgium June 23, 2021. Kenzo Tribouillard/Pool via REUTERSPARIS, Oct 26 (Reuters) - Thierry Breton, the French politician who is also the European Commission's internal market commissioner, said on Tuesday that Brexit was a "catastrophe" for the United Kingdom. "Look at what is happening on the supermarket shelves, look at what is happening at the petrol pumps, look at what is happening with the shortage of nurses and doctors, look at what is happening with the shortage of truck drivers, look at what is happening in the construction sector," Breton told BFM TV. "What is currently happening is a real drama," he added. Reporting by Sudip Kar-Gupta Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.
Persons: Thierry Breton, Kenzo Tribouillard, Brexit, Breton, BFM, Sudip Kar, Raissa Organizations: EU, REUTERS, Thomson Locations: Brussels, Belgium, REUTERS PARIS, French, United Kingdom
THE GLOBAL ECONOMY: China's economy is teetering on the brink of disaster. If the bottom falls out, the whole world could be dragged down by the collapse of its second-largest economy. Now the country needs people to actually use, and pay for, everything that's been built," Insider's Linette Lopez writes. Now the country needs people to actually use, and pay for, everything that's been built," Insider's Linette Lopez writes. Economists expect this ideological shift to slow growth even more, which in turn would make China's attempts to transform its economy that much more precarious.
Persons: Phil Rosen, that's, Insider's Linette Lopez, Morgan Stanley, Xi Jinping, Trump, Read, Xi, Mark Zuckerberg, Frances Haugen, Zuckerberg, Joe Biden, There's, Democratic Sen, Joe Manchin, Mitch McConnell, Olivier Douliery, Here's, Donald Trump, Lori Lightfoot, Dave Chappelle, he's, Chappelle, Winston Churchill Organizations: iOS, Android, Communist Party, European Union, China, Facebook, Washington Post, New York Times, Democratic, DC Marijuana, Getty, Top, Republicans, Associated Press, New York, Police Benevolent Association, Times, Trump, Netflix, CNN, White House Locations: Beijing, China, Xinjiang, Vietnam, AFP, EU, Sudan, York, New York, Chicago
European gas prices have hit record highs in the autumn and remain at lofty levels, prompting most EU countries to respond with emergency measures like price caps and subsidies to help trim consumer energy bills. Those countries will make the case on Tuesday for proposals that include decoupling European electricity and gas prices, joint gas buying among countries and, in the case of a few countries including Poland, delaying planned climate change policies. EU energy policy chief Kadri Simson said she hoped to receive a clear message from ministers on what medium-term measures the EU should take to respond. Other proposals - such as countries forming joint gas reserves - have also been met with resistance from some countries. "I think that the Spanish government is over-promising by saying joint gas procurement will solve the crisis," Luxembourg energy minister Claude Turmes said.
Persons: Regis Duvignau, Sara Aagesen, Kadri Simson, Simson, Claude Turmes, Viktor Orban, Kate Abnett, Marine Strauss, Jan Strupczewski, Isla Binnie, Bernadette Baum, David Holmes Organizations: REUTERS, Union, European Union, European Commission, Thomson Locations: Bordeaux, soutwestern France, Regis Duvignau LUXEMBOURG, Spain, France, Czech Republic, Greece, Poland, Germany, Europe's, EU, Luxembourg
BRUSSELS (Reuters) - Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle cloud computing services providers over potential anti-competitive practices, a study said on Tuesday. Others include IBM Cloud, Alibaba Cloud, Salesforce and Oracle. The study was prepared by Frederic Jenny, chairman of the Organisation for Economic Cooperation and Development’s Competition Committee, in his personal capacity for trade body CISPE (Cloud Infrastructure Services Providers in Europe). Respondents were also concerned about providers bundling software products with their cloud infrastructure to make rival products either less attractive or more expensive. EU lawmakers have to thrash out the draft DMA with EU countries before it becomes law, possibly in 2023.
Persons: Margrethe Vestager, Statista, Frederic Jenny, ” Jenny, Jenny Organizations: Facebook, Apple, Google, Services, Microsoft, IBM, Oracle, Organisation for Economic Cooperation, Development’s, Cloud Infrastructure Services, SAP, Amazon Locations: BRUSSELS, Europe
CAIRO — Military forces arrested Sudan’s acting prime minister and senior government officials Monday, disrupted internet access and blocked bridges in the capital Khartoum, the country’s information ministry said, describing the actions as a coup. In response, thousands flooded the streets of Khartoum and its twin city of Omdurman to protest the apparent military takeover. Armed forces detained Sudan's Prime Minister over his refusal to support their "coup," the information ministry said, after weeks of tensions. By mid-morning, the information ministry confirmed that the prime minister, Abdalla Hamdok, had been arrested and taken to an undisclosed location. At one point, military forces stormed the offices of Sudan’s state-run television in Omdurman and detained a number of workers, the information ministry said.
Persons: Sudan’s, , Ashraf Shazly, Omar al, Bashir, Jeffrey Feltman, Washington, , Feltman, Josep Borrell, Abdalla Hamdok, al, Al, Ibrahim al, Hamza Baloul, Mohammed al, Suliman, Faisal Mohammed Saleh, Hamdok, Ayman Khalid, Abdel, Fattah Burhan Organizations: Sudan's, Getty, European Union, U.S, AFP, United, Sovereign Council, Sudanese Communist Party, Communist Party, Sovereign Locations: CAIRO, Khartoum, Omdurman, AFP, Sudan, United States, of Africa, EU, Britain, Egypt
The G20 group of large economies recognized carbon pricing for the first time as a possible tool at a meeting in Venice in Italy this year. read moreThe International Monetary Fund has recommended a global average carbon price of $75 per tonne by the end of the decade. "We also need to recognize that carbon pricing in itself is no silver bullet." Reuters poll graphic on global minimum average carbon priceThe top three largest emitters - China, the United States and India - account for approximately half of global carbon emissions today. read moreEven the European Union, at the forefront of reducing carbon emissions, has set the carbon price at a little more than half the poll's recommendation.
Persons: Ernest Scheyder, Patrick Saner, Julien Holtz, Charles Kolstad, Jon Stenning, Swathi Nair, Prerana Bhat, Hari Kishan, Mumal Rathore, Ross Finley, Hugh Lawson Organizations: NRG Energy, REUTERS, Monetary Fund, Swiss, Reuters, International Energy Agency, IMF, Pictet Wealth Management, European Union, EU, Trading, Stanford University, Thomson Locations: Thomspsons , Texas, U.S, Ernest Scheyder BENGALURU, Paris, Venice, Italy, Glasgow, Brazil, India, Indonesia, China, United States, Cambridge
EU regulator starts real-time review of Merck's COVID-19 pill
  + stars: | 2021-10-25 | by ( ) www.reuters.com   time to read: +2 min
The Merck logo is seen at a gate to the Merck & Co campus in Rahway, New Jersey, U.S., July 12, 2018. REUTERS/Brendan McDermidOct 25 (Reuters) - U.S. drugmaker Merck & Co Inc (MRK.N) said on Monday the European Union's drug regulator has initiated a real-time review of its experimental COVID-19 antiviral drug for adults. While vaccines are the main weapons against COVID-19, Merck's experimental pill molnupiravir could be a game-changer after studies showed it could halve the chances of dying or being hospitalised for those most at risk of contracting severe illness. A panel of outside advisers to the U.S. health regulator are now slated to meet late in November to discuss whether to authorize the experimental antiviral pill. An EU official told Reuters earlier in the month that the bloc too was also considering signing a supply agreement for the antiviral pill, but would do so only after the company started the process of seeking approval.
Persons: Brendan McDermid, Ridgeback Biotherapeutics, Mrinmay Dey, Shubham, Saumyadeb Organizations: Merck, Co, REUTERS, drugmaker Merck, Co Inc, European Medicines Agency, COVID, U.S, EU, Reuters, Thomson Locations: Rahway , New Jersey, U.S, Britain, Malaysia, Singapore, Bengaluru
Erdogan chairs Turkish cabinet to discuss expulsion of envoys
  + stars: | 2021-10-25 | by ( ) www.reuters.com   time to read: +4 min
Turkish President Recep Tayyip Erdogan speaks during a joint news conference with Nigerian President Muhammadu Buhari in Abuja, Nigeria October 20, 2021. REUTERS/Afolabi SotundeANKARA, Oct 25 (Reuters) - Turkish President Tayyip Erdogan chaired a cabinet meeting on Monday to discuss expelling ambassadors from the United States and nine other allies, a move which would open Ankara's deepest diplomatic rift with the West during his 19 years in power. The order has not yet been implemented by the Foreign Ministry but could be formally approved at Monday's meeting. They were summoned by the foreign ministry last week. Several embassies including the United States, Canada, Netherlands and New Zealand said on Monday they abided by the diplomatic convention not to interfere in a host country's internal affairs.
Persons: Recep Tayyip Erdogan, Muhammadu Buhari, Tayyip Erdogan, Erdogan, Osman Kavala, Mustafa Sentop, Sabine Siebold, Dominic Evans, Timothy Organizations: REUTERS, West, Foreign Ministry, NATO, European Union, European Commission, EU, U.S ., Germany's, Ministry, Kavala, of Human, Timothy Heritage, Thomson Locations: Abuja, Nigeria, Afolabi, ANKARA, United States, Monday's, Turkey, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, Finland, New Zealand, Turkish, Tekirdag, Kavala, Ankara
REUTERS/Sarah Meyssonnier/Pool/File PhotoOct 25 (Reuters) - The European Union condemned the detention of Sudan's Prime Minister Abdalla Hamdok and other cabinet members on Monday and urged their immediate release after the country's military chief dissolved the transitional government. "We call on the security forces to immediately release those they have unlawfully detained," EU foreign policy chief Josep Borrell said in a statement. Western states have warned that any military takeover would put aid at risk. Borrell warned the right of peaceful protest must be respected, and violence and bloodshed avoided at all cost. Reporting by Sabine Siebold and Sudip Kar-Gupta; Editing by Giles Elgood and Jon BoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: Abdalla Hamdok, Emmanuel Macron, General Abdel Fattah al, Burhan, Sarah Meyssonnier, Josep Borrell, Hamdok, Borrell, Sabine Siebold, Sudip Kar, Giles Elgood, Jon Boyle Organizations: Sudan's, French, Sudan's Sovereign, International Conference, REUTERS, European Union, Thomson Locations: Sudan, Paris, France, EU
Britain's chief Brexit negotiator David Frost leaves the UK Mission to the EU, in Brussels, Belgium, December 18, 2020. REUTERS/Francois WalschaertsLONDON, Oct 25 (Reuters) - British Brexit minister David Frost said on Monday that the European Union's proposals to solve the problem of trade involving Northern Ireland did not go far enough and significant gaps remained between the two sides. "The problem with them is that they don't go far enough. I'm not sure they would quite deliver the kind of ambitious, free ... trade between Britain and Northern Ireland we would want to see," Frost told a parliamentary committee. "It (the discussion between the two sides) has been quite constructive so far but the gaps between us remains significant," he said.
Persons: David Frost, Francois Walschaerts, I'm, Frost, William James, Michael Holden Organizations: REUTERS, Francois Walschaerts LONDON, Northern Ireland, Thomson Locations: Brussels, Belgium, Britain, Northern Ireland
Migrants from Somalia sit on the ground near the forest as they cross the Belarusian-Polish border in Siemianowka, Poland October 25, 2021. "The conditions are very cold, (we're) not wearing shoes," he said, explaining how he lost his shoes in the river. Franek Sterczewski, a Polish parliamentary deputy with leading opposition group Civic Coalition, said more migrants were being turned back by border guards into the woods. "They've been wandering the forest for weeks, the temperature at night is around zero degrees, it's raining and it's very cold. Reporting by Joanna Plucinska and Kacper Pempel; Writing by Michael Kahn; Editing by Mike HarrisonOur Standards: The Thomson Reuters Trust Principles.
Persons: Abdi Fitah's, Jakub Sieczko, Sieczko, Ibrahim, I'm, Franek, They've, Joanna Plucinska, Michael Kahn, Mike Harrison Organizations: REUTERS, Reuters, United Nations, Refugees, UNHCR, EU, Civic Coalition, Thomson Locations: Somalia, Belarusian, Polish, Siemianowka, Poland, SIEMIANOWKA, Belarus, East, Africa, Afghanistan, Europe, Minsk
Sudanese civilian leaders on Monday urged citizens to take to the streets to defend the transition to democracy. No to a military coup.” It was still unclear whether the military, which is riven by divisions, was united behind the coup attempt. But after Mr. al-Bashir, then an army general, took power in military coup in 1989, Mr. Hamdok mostly worked abroad. For it to be released, he said, Sudan’s military leaders will need to fully restore Mr. Hamdok and other civilian leaders to power. Image Sudanese protesters marching in Khartoum on Monday to denounce the overnight detentions of members of Sudan’s government by the army.
Persons: Abdel Fattah al, Burhan, General al, , Hamdok, Ned Price, , Omar Hassan, Bashir, Mr, Abdalla Hamdok, Brittainy Newman, al, Abdi Latif Dahir, Nazim Sirag, Monim El Jak, jerrycans, Omar al, Ahmed Abusin, ” Mr, Abusin, ” Khalid Albaih, Simon Marks, Omar Hassan al, Bryan Denton, ” Yasser Arman, Price, Jeffrey Feltman, Maryam al, Sadiq al, Marwan Ali, Feltman, Antonio Guterres, ” Ned Price, ” Josep Borrell Fontelles, Vicky Ford, ” Jeffrey Feltman, Hamdok’s, Soldiers, Yasuyoshi, ory Organizations: ., Agence France, State Department, The New York Times, Facebook, Sovereignty Council, Monday, Sudanese Professionals Association, Western, Troops, Sudan Pro, Credit, Getty, Central Committee, Sudanese Doctors, , Embassy, Twitter, Force, Military, East Green Initiative, United Nations, Commission, University of Khartoum, University of Manchester, Deloitte, Touche Management, African Development Bank, International Labor Organization, International Institute for Democracy, Electoral Assistance, Protesters, WASHINGTON, Sudanese, U.S, Associated Press, United, Mr, Biden, American Embassy, International, Arab League, U.S . State Department, Arab, Rights, African Union Commission, European Union, EU, Security, United Nations General Assembly, Nations, International Criminal Locations: Sudanese, Khartoum, Sudan, U.S, Africa, Port Sudan, , Omdurman, Doha, Qatar, Sudan’s, , Saudi Arabia, England, Zimbabwe, Ivory Coast, Dubai, United, United States, Washington, of Africa, States, Darfur
Banca Monte dei Paschi's headquarters in Siena, Italy, October 27, 2017. Failure to bridge a multi-billion euro valuation gap between the parties leaves Italy unable to complete the restructuring of its banking system which it started six years ago. That opened a yawning gap with UniCredit's 1.3 billion euro valuation of the same assets, the source added. The Treasury also opposed accounting adjustments UniCredit had factored into its 6.3 billion euro capital request on the basis of its own more conservative risk models, sources have said. The European Central Bank (ECB), which is yet to see a standalone plan according to a source close to the matter, has no immediate concern over MPS' capital position.
Persons: Stefano Rellandini, Intesa, UniCredit, Jean Pierre Mustier, Andrea Orcel, AMCO, Valentina Za, Giulio Piovaccari, Giuseppe Fonte, David Evans Organizations: Banca Monte dei, REUTERS, LONDON, Sunday, UniCredit, Reuters, European Union, privatise MPS, Treasury, recapitalise MPS, MPS, privatising MPS, European Central Bank, ECB, Thomson Locations: Siena, Italy, EU, MILAN, Monte dei, Rome, Banca, Milan
ZAGREB (Reuters) - Croatia’s conservative and eurosceptic party Hrvatski Suverenisti (Croatian Sovereignists) began a two-week drive on Sunday to collect signatures in a bid to force a referendum on whether to adopt the euro as the country’s currency. FILE PHOTO: Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia, May 21, 2019. The eurosceptics say the economy is too weak and uncompetitive to be ready to adopt the euro and doing so would cause price rises. The government says a referendum is not necessary, arguing that Croats already accepted a common currency when they voted in a referendum to join the EU nearly a decade ago. As a first step, organisers of the referendum initiative want a referendum on a constitutional change that would make replacing the kuna currency possible only by direct vote of the citizens.
Persons: Antonio Bronic, Andrej Plenkovic, Plenkovic, ” Marijan Organizations: Hrvatski, Croatian National Bank, REUTERS, EU Locations: ZAGREB, Zagreb, Croatia
Police patrol as people gather during a vigil against the ultra-right so-called Der Dritte Weg (The Third Way), in Guben, Germany, October 23, 2021. REUTERS/Michele Tantussi/File PhotoBERLIN, Oct 24 (Reuters) - German police said on Sunday they had stopped more than 50 far-right vigilantes armed with pepper spray, a bayonet, a machete and batons who were trying to patrol the Polish border to stop migrants from entering the country. Some of the suspects had travelled to the Polish border from other parts of Germany. On Saturday, dozens of people held a vigil in Guben to show their opposition to the planned far-right patrols. Seehofer said there had already been 6,162 unauthorised entries into Germany from Belarus and Poland this year.
Persons: Michele Tantussi, Horst Seehofer, Seehofer, Olaf Scholz, Alexander Lukashenko's, Lukashenko, Emma Thomasson, Giles Elgood Organizations: REUTERS, . Police, European Union, Social, EU, Thomson Locations: Guben, Germany, Polish, Belarus, Poland, Brandenburg, Minsk, Belarusian
Pope Francis gestures as he speaks during the weekly general audience at the Vatican, October 20, 2021. REUTERS/Remo CasilliVATICAN CITY, Oct 24 (Reuters) - Pope Francis on Sunday urged countries not to send migrants back to insecure countries such as Libya, where he said many suffer violent and inhumane conditions similar to those in concentration camps. read more"We have to put an end to the return of migrants to countries that are not secure," he said, citing "thousands of migrants, refugees and others who need protection in Libya". Francis asked the international community to "keep their promises" to find lasting solutions to manage migration flows in Libya and all of the Mediterranean. "Many of these men, women and children (in Libya) are subjected to an inhumane violence," he said.
Persons: Pope Francis, Remo, Francis, Matteo Salvini, Italy's, Philip Pullella, Giles Elgood Organizations: Vatican, REUTERS, CITY, Sunday, Union, League, EU, Thomson Locations: Libya, Italy, Sicily, Europe, Turkey
FILE PHOTO: A 'Welcome to Northern Ireland' sign is seen at the border between Northern Ireland and the Republic of Ireland in Jonesborough, Northern Ireland, October 13, 2021. REUTERS/Clodagh KilcoyneLONDON (Reuters) - The United Kingdom said on Saturday that talks with the European Union over post-Brexit trade rules for Northern Ireland had been constructive, but substantial differences remained. Goods moving between Britain and Northern Ireland currently face customs checks, as part of a deal reached before Brexit to avoid more contentious border checks between Northern Ireland, which is part of the United Kingdom, and EU member Ireland. However, Britain and the EU disagree over how to implement customs and safety checks, which fall especially heavily on meat, dairy and medical products. Ireland’s European Affairs minister Thomas Byrne said on Thursday that the dispute could be resolved within weeks.
Persons: Brexit, we’ve, Boris Johnson’s, David Frost, Maros Sefcovic, Thomas Byrne Organizations: Republic of Ireland, REUTERS, European Union, Northern, Goods, EU, Ireland, , European, European Court of Justice Locations: Northern Ireland, Republic of, Jonesborough , Northern Ireland, United Kingdom, Britain, London, Brussels
RIYADH (Reuters) - Top oil exporter Saudi Arabia, one of the world’s biggest polluters, will detail its plans to address climate change at an environment event on Saturday. FILE PHOTO: General view of Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. The United States and the EU want Saudi Arabia to join a global initiative on slashing emissions of methane by 30% from 2020 levels by 2030. Megaprojects, such as futuristic city NEOM, also incorporate green energy plans including a $5 billion hydrogen plant, and Saudi state-linked entities are pivoting to green fundraising. Others say Saudi Arabia emits the least carbon per barrel of oil and that de facto ruler Prince Mohammed is serious about economic diversification.
Persons: Ahmed Jadallah, John Kerry, Prince Mohammed bin Salman, Megaprojects, Prince Mohammed, Tim Ash Organizations: Reuters, Aramco, REUTERS, Saudi Green Initiative, UN, Fellow Gulf, United Arab Emirates, Saudi, BlueBay Asset Management Locations: RIYADH, Saudi Arabia, Saudi, Glasgow, Riyadh, Paris, United States, EU, U.S, Fellow Gulf OPEC
People attend a pro-Hungarian Prime Minister Viktor Orban rally during the celebrations of the 65th anniversary of the Hungarian Uprising of 1956, in Budapest, Hungary, October 23, 2021. "It is impossible that again we are facing attacks from the West as they are constantly criticising Viktor Orban," said Dalma Nagy Mesterhazy, one of the protesters. "Next year's election will be about whether Hungary remains a sovereign country ... or melts into a Muslim sea." The anniversary of the 1956 uprising gives Orban a symbolic platform for his agenda as his Fidesz party scales up its pre-election campaign. He has showered the electorate with handouts, including a $2 billion income-tax rebate for families, and stepped up his strong anti-immigration rhetoric.
Persons: Viktor Orban, Marton Monus, Orban, Peter Marki, Dalma Nagy Mesterhazy, Krisztina, Mike Harrison Organizations: Hungarian, REUTERS, Socialists, Union, EU, Thomson Locations: Hungarian, Budapest, Hungary, Budapest Hungary, BUDAPEST, Brussels, handouts
A 'Welcome to Northern Ireland' sign is seen at the border between Northern Ireland and the Republic of Ireland in Jonesborough, Northern Ireland, October 13, 2021. REUTERS/Clodagh KilcoyneLONDON, Oct 23 (Reuters) - The United Kingdom said on Saturday that talks with the European Union over post-Brexit trade rules for Northern Ireland had been constructive, but substantial differences remained. Goods moving between Britain and Northern Ireland currently face customs checks, as part of a deal reached before Brexit to avoid more contentious border checks between Northern Ireland, which is part of the United Kingdom, and EU member Ireland. However, Britain and the EU disagree over how to implement customs and safety checks, which fall especially heavily on meat, dairy and medical products. Ireland's European Affairs minister Thomas Byrne said on Thursday that the dispute could be resolved within weeks.
Persons: Brexit, we've, Boris Johnson's, David Frost, Maros Sefcovic, Thomas Byrne, David Milliken, Mike Harrison Organizations: Republic of Ireland, REUTERS, European Union, Northern, Goods, EU, Ireland, European, European Court of Justice, Thomson Locations: Northern Ireland, Republic of, Jonesborough , Northern Ireland, United Kingdom, Britain, London, Brussels
French fishermen repair their nets at Boulogne-sur-Mer after Britain and the European Union brokered a last-minute post-Brexit trade deal, northern France, December 28, 2020. REUTERS/Charles PlatiauPARIS, Oct 23 (Reuters) - France is disappointed by the pace of negotiations with Britain on settling a row about post-Brexit fishing rights but talks are set to continue on Monday, the head of a French fishing association said on Saturday. His remarks appeared to suggest French fishermen were stepping back from threats to hold protests from this weekend over Britain's refusal to grant more fishing licences to their vessels. Olivier Lepretre, chairman of the Regional Maritime Fisheries Committee in northern France, said talks this week had resulted in only a handful of fishing licences being issued for French fishing boats in British territorial waters. read moreParis is angered by London's refusal to grant what it considers the full number of licences due to French fishing boats.
Persons: Charles Platiau PARIS, Olivier Lepretre, Lepretre, Annick Girardin, Richard Lough, Michel Rose, Timothy Organizations: European Union, REUTERS, Regional Maritime Fisheries, European Commission, EU, Britain, Timothy Heritage, Thomson Locations: Boulogne, Mer, Britain, France, Jersey, Paris
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