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DUBAI, Sept 22 (Reuters) - Saudi Arabia’s sovereign wealth fund plans to announce soon its first green debt deal, with borrowing linked to sustainability, the Public Investment Fund’s governor told a virtual event. “We will be the first sovereign wealth fund in the world to announce this green issuance,” Governor Yasir al-Rumayyan told an event on Tuesday held alongside the United Nations General Assembly. This month, PIF hired banks to be members of its ESG panel for its medium-term capital-raising strategy, IFR News reported. PIF signed a $15 billion loan with a large group of banks in March, followed a $10 billion loan it took in 2019 that was repaid last year and an $11 billion facility in 2018. Saudi Arabia will announce its “Green Initiative” next month, followed by the “Middle East Initiative”, which includes planting 50 billion trees, Rumayyan said.
Persons: Yasir al, Rumayyan, PIF, ” Rumayyan, , Organizations: Public Investment, United Nations General Assembly, Reuters, BlackRock, Sea Development Company, Initiative ”, Initiative Locations: DUBAI, Saudi, Saudi Arabia, ESG
* China to stop building coal-fired power plants abroad* Xi’s announcement could impact 44 projects in Asia, Africa* China’s domestic coal power programme still expandingSHANGHAI/SINGAPORE, Sept 22 (Reuters) - China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal programme is still propping up the dirty fossil fuel. Beijing is the largest source of financing for coal power plants globally, and Xi’s announcement will have a far-reaching impact on coal power expansion plans in countries like Bangladesh, Indonesia, Vietnam and South Africa. China’s pledge followed similar moves by South Korea and Japan this year, turning off the taps of the last three major public financiers of overseas coal power plants. While Xi has promised to “strictly control” new domestic coal power capacity over the 2021-2025 period, the country will not begin to reduce coal consumption until 2026. “With the new direction set for overseas coal, China needs to work harder now on its domestic coal addiction,” said Li Shuo, senior climate advisor at Greenpeace.
Persons: Xi Jinping, , , Christine Shearer, “ We’ll, Joe Biden, Yan Qin, Xi, Li Shuo Organizations: United Nations General Assembly, United Nations, Global Energy Monitor, GEM, Reuters, Bank of, COP26, United, United Arab Emirates, Boston University Global Development, , Greenpeace Locations: China, Asia, Africa, SHANGHAI, SINGAPORE, Beijing, Bangladesh, Indonesia, Vietnam, South Africa, U.S, Bank of China, South Korea, Japan, Nations, Pakistan, Zimbabwe, Serbia, United Arab
Coffee is largely produced in the Coffee Belt, located between the Tropic of Cancer and the Tropic of Capricorn, where countries such as Brazil, Colombia, Ethiopia and Vietnam have provided the best climate for coffee trees, which need constant heat to survive. Armstrong recently joined a group of farmers taking part in the largest-ever coffee growing endeavor in the United States. "It seems more logical to invest in new coffee varieties that could be grown in the same current geographies," he said. Rowland said researchers are planting coffee trees close to citrus, an intercropping technique used in other parts of the world as larger trees help hold winds and provide shade to coffee trees. That, in turn, could help in the selection of optimal coffee varieties for the region in the future.
Persons: Farmer David Armstrong, Armstrong, Jay Ruskey, Ruskey, Frinj, Smith Hobson, Giacomo Celi, Diane Rowland, Rowland, Alina Zare, Marcelo Teixeira, David Gaffen, Matthew Lewis Organizations: Reuters, FRINJ, REUTERS NEW, Central America, Tropic, Cancer, Frinj, Coffee, Starbucks Reserve, U.S ., United Nations Food, Agriculture Organization, Mercon Coffee, University of Florida, UF's College of Engineering, National Oceanic, Atmospheric Administration, New, Thomson Locations: Hobson, U.S, Ventura , California, Central, Los Angeles, Brazil, Colombia, Ethiopia, Vietnam, California, Florida, United States, Hawaii, CALIFORNIA, FLORIDA, Minas Gerais, New York
UNITED NATIONS — Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the United Nations General Assembly to add to pledges to deal with climate change. And I’m absolutely delighted to hear that President Xi has made this important decision," Kerry said in a statement. "It is clear the writing is on the wall for coal power. I welcome President Xi’s commitment to stop building new coal projects abroad — a key topic of my discussions during my visit to China," he said on Twitter. Xi spoke after U.S. President Joe Biden gave his first United Nations address.
Persons: Xi Jinping, Xi, António Guterres, John Kerry, Kerry, We’ve, Alok Sharma, Xi’s, Joe Biden, Biden, China's ascendance, Qilai Shen, Donald Trump, Justin Guay, Guterres Organizations: UNITED, United Nations General Assembly, NBC, United, Twitter, U.S, United Nations, Bloomberg, Getty, Sunrise, Congress Locations: China, Paris, South Korea, Japan, Glasgow, Scotland, Tongling, United States, Beijing
The Taliban's foreign minister has asked for the regime's envoy to speak at the UN General Assembly. He's contesting Afghanistan's seat, which has been given to the ambassador representing the former government. When the Taliban previously ruled Afghanistan, they were not given a seat by the UN. Both parties are jockeying to speak during Afghanistan's slated spot as the final speech of September 27, the last day of this year's General Assembly. Officials will now have to decide whether to accept the Taliban's request, or let Isaczai continue as Afghanistan's ambassador under UN protocol.
Persons: He's, Amir Khan Muttaqi, Antonio Guterres, Ghulam Isaczai, Afghanistan's, Ashraf Ghani Organizations: UN, Assembly, Service, United Nations General Assembly, Taliban, General, Reuters, Officials, Sierra, AP Locations: Afghanistan, New York, Russia, China, Sweden, Bahamas, Bhutan, Chile, Namibia, Sierra Leone
CANBERRA, Sept 22 (Reuters) - An Australian-EU trade deal would be mutually beneficial and allow EU members a greater presence in the Indo-Pacific, said Australia's trade minister, as Canberra tries to repair ties with Paris after the scrapping of a $40 billion submarine deal. In solidarity with France, EU lawmakers have publicly questioned whether a trade deal with Australia could be possible. Australia's Minister for Trade Dan Tehan on Wednesday urged the EU to progress ahead with a trade deal. Australia and the EU are set to hold the next round of talks on a trade deal on Oct 12. Morrison is in the United States to attend the quadrilateral security dialogue, made up of India, Japan, the United States and Australia - which convenes later this week.
Persons: Navy's Collins, Waller, Collins, Trade Dan Tehan, Tehan, Scott Morrison, Charles Michel, Morrison, Joe Biden, Emmanuel Macron, Colin Packham, Michael Perry Organizations: Royal, EU, Canberra, Paris, France's Naval Group, U.S, Trade, Wednesday, United Nations, Australia's, Thomson Locations: Sydney Harbour, CANBERRA, Australian, EU, Australia, France, United States, Canberra, Washington, New York, India, Japan
Brazil's health minister tests positive for COVID-19 in NYC
  + stars: | 2021-09-22 | by ( ) www.reuters.com   time to read: +2 min
Brazil's Health Minister Marcelo Queiroga speaks during a ceremony at the Planalto Palace in Brasilia, Brazil, August 5, 2021. REUTERS/Adriano MachadoBRASILIA, Sept 21 (Reuters) - Brazil's Health Minister Marcelo Queiroga tested positive for COVID-19 hours after accompanying President Jair Bolsonaro to the United Nations General Assembly in New York on Tuesday, the government said. It added that the rest of the delegation tested negative for the virus. read moreThe health minister was the second member of the Brazilian delegation in New York to have tested positive. A young diplomat who was part of an advance team preparing Bolsonaro's visit tested positive on the weekend and was isolated.
Persons: Marcelo Queiroga, Adriano Machado BRASILIA, Jair Bolsonaro, Queiroga, Bolsonaro, Donald Trump, coronavirus, Trump, Anthony Boadle, Stephen Coates, Simon Cameron, Moore Organizations: Brazil's Health, REUTERS, United Nations General Assembly, CNN Brasil, COVID, Brazilian, Thomson Locations: Brasilia, Brazil, New York, United States, Lago, COVID
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf the U.S. can balance 'high-wire act' with China, it'll be positive for the world: UN analystAshish Pradhan of the International Crisis Group says U.S. President Joe Biden did his best in using the United Nations General Assembly as a platform to reset the tone in how the country is viewed around the world.
Persons: it'll, Ashish Pradhan, Joe Biden Organizations: Crisis Group, United Nations General Assembly Locations: U.S, China
(Adds background, quotes)NEW YORK, Sept 21 (Reuters) - Ecuador has no plans to issue new debt in the short term because it has plenty of resources available through International Monetary Fund financing, President Guillermo Lasso said on Tuesday. Lasso, a conservative ex-banker who took office in May, has pledged to halve the fiscal deficit here. He faces opposition from indigenous groups and social movements over cuts to fuel subsidies. His predecessor, Lenin Moreno, walked back a plan to raise fuel prices in 2019 in the face of massive protests. (Reporting by Rodrigo Campos in New York and Alexandra Valencia, Writing by Brian Ellsworth and Luc Cohen, Editing by Karishma Singh)
Persons: Guillermo Lasso, Lasso, ” Lasso, we’re, Lenin Moreno, Rodrigo Campos, Alexandra Valencia, Brian Ellsworth, Luc Cohen, Karishma Singh Organizations: International Monetary Fund, IMF, United Nations General Assembly Locations: Ecuador, New York
President Biden signaled Tuesday that his administration will address the situation at the southern border, where an estimated 15,000 Haitian migrants fleeing disaster have traveled seeking asylum. "We'll get it under control," Biden told reporters during his visit to the United Nations when he was asked about images from the border that have prompted outrage in recent days. Press Secretary Jen Psaki also told reporters on Tuesday that Biden was briefed about the emergency at the Del Rio bridge, where migrants have set up encampments. She said the president has also been briefed on what she called "horrific" footage and photos of the treatment of Haitian migrants by border patrol agents, which has prompted an internal investigation by the Department of Homeland Security. “[The president] believes that the footage, the footage and the photos, are horrific.
Persons: Biden, Jen Psaki, Alejandro Mayorkas, Mayorkas Organizations: United Nations, Department of Homeland Security, U.S . Border Patrol, Senate Homeland Security, Reuters, DHS, NBC News, ICE Locations: United, Del Rio, U.S, Haiti
From 2001 through April, about 66,000 Afghan military and police members were killed in Afghanistan, alongside 2,448 U.S. service members. The abrupt U.S. exit from Afghanistan likely forced the Afghan military to fight under unfamiliar conditions, ultimately leading to collapse — and the humanitarian catastrophe we are now witnessing. Our military allies in both countries simply do not know how to fight effectively on more conventional battlefields without U.S. support. If we are willing to maintain huge troop numbers to support our allies in Europe and East Asia, then why not even a small footprint in the Middle East? Indeed, if we are willing to maintain huge troop numbers to support our allies in Europe and East Asia, then why not even a small footprint in the Middle East?
Persons: Joe Biden, ” Biden, Barack Obama, Donald Trump, Trump, quagmire, , “ Biden, Biden, Bashar al, Assad, Organizations: United Nations General Assembly, Afghan, U.S ., Islamic State, ISIS, Iraqi, Kurdistan Regional Government, Global Coalition, United, Syrian Democratic Forces, Coalition, NATO, East Locations: Afghanistan, , United States, U.S, Germany, Japan, South Korea, Russia, China, Iraq, United, Iraqi, Syria, Kobani, Turkish, Kabul, Europe, East Asia, North Korea, East
He’s on a hunger strike demanding the United Nations grant him a meeting, so he can address the issue of human rights in Cuba. Rocha is a native Spaniard, but he has family in Cuba and feels inextricably linked to what has taken place there. The human rights group Cubalex recorded approximately 800 detentions as demonstrators were arrested for speaking out. The U.S. and European and Latin American countries have denounced the lack of human rights and democracy on the island. “It doesn’t have to be with [United Nations Secretary-General] António Guterres; it doesn’t have to be with [United Nations High Commissioner for Human Rights] Michelle Bachelet.
Persons: Nacho Rocha, it's, ” Rocha, he’s, Rocha, Fidel Castro, Cubalex, António, Michelle Bachelet, , , José Martí, they’re, Ingrid Rodríguez, Alex Tabet, she’s, He’s Organizations: United Nations, Cuban, Human, United Nations Human Rights, NBC, General, New York police, Facebook, Twitter Locations: Cuba, Sarasota , Florida, New York City, U.S, New, Central Park, Spain
The group of investors supporting the company is led by Italian asset manager Banca Generali, which put 3 million euros into it. Rosberg, together with Italy soccer player Giorgio Chiellini, LVMH executive Andrea Guerra and other Italian investors will contribute small sums, the company said. This is our shared vision, to make the world greener one tree at a time,” said Treedom CEO Federico Garcea. Through the Treedom platform individuals and companies pay to plant a tree in a chosen location and can follow it as it grows. Treedom expects to boost its revenue to 15 million euros this year from 9.2 million in 2020, the CEO told Reuters.
Persons: Nico Rosberg, Agnelli, Rosberg, Giorgio Chiellini, Andrea Guerra, Nico, , Federico Garcea, ” Garcea, Treedom Organizations: United Nations, Banca Generali, Reuters Locations: FLORENCE, Italy’s, Florence, Paris, Amsterdam, Glasgow, Italy, Italian, Europe, New York
The speech will be Biden’s first as president at the meeting, which will look much different from past gatherings with many world leaders opting to deliver their remarks virtually. “America is back,” Biden said during a meeting with the U.N. secretary general Monday. Among the challenges Biden plans to address are the Covid pandemic, climate change, trade and economics, investments in clean infrastructure, counterterrorism, and “vigorous competition with great powers, but not a new Cold War,” the official said. This year’s gathering of world leaders will be largely scaled down because of the pandemic. The UN has said that 83 leaders will make their remarks in person with the rest of the global leaders’ making pre-recorded remarks.
Persons: Joe Biden, Biden, Scott Morrison, Boris Johnson, ” Biden, , we’ve, , America's, Emanuel Macron, Jen Psaki, Still, Organizations: WASHINGTON, United Nations General Assembly, Australian, White, United Nations, NATO, French, World Health Organization, WHO, The, U.S, Trump, Covid, UN Locations: Afghanistan, New York, U.S, France, Australia, United Kingdom, United States, The U.S, Europe
Myanmar’s permanent representative to the United Nations, a holdover from the country’s deposed civilian government, will sit out a series of high-level meetings in New York this week, averting for now a potential clash between the U.S. and China over who should represent the country on the world stage. The question of who ultimately takes Myanmar’s seat at the U.N. is central to the battle for international legitimacy between the country’s military regime and the democratically elected government it overthrew in February.
Organizations: United Nations, U.S Locations: New York, China
Britain has said it aims to raise around 15 billion pounds in total from two green gilt launches this year - Tuesday’s sale of a gilt maturing in July 2033 and a further new issue of a 20- to 30-year maturity green gilt next month. This issuance will be only a small fraction of the total 253 billion pounds of gilt sales planned for this financial year. Bookrunners on Tuesday's sale said they received more than 90 billion pounds of orders within 45 minutes of order books opening. The previous record here for a British government bond syndication was in May 2020 when there were 82.6 billion pounds of orders for 12 billion pounds of a conventional 10-year gilt. The Bank of England has also said it will buy the green bonds as part of its asset purchase programme and treat them as equivalent to similar conventional ones.
Persons: Bookrunners, David Milliken, Andy Bruce, Giles Elgood Organizations: United, Bank of England Locations: United Nations, Glasgow, Britain, British, Germany
LONDON (Reuters) - Britain sold 10 billion pounds of its first ‘green’ government bond on Tuesday after attracting over 100 billion pounds ($137 billion) of demand from investors, a record high which shows the clamour for assets which can be marketed as good for the planet. But Tuesday’s launch of a new gilt maturing in July 2033 represents the largest single sale by a sovereign issuer, topping the previous 8.5 billion euro record set by Italy in March. “It’s confirmation that the demand is there even in sterling, not just in euros,” said Antoine Bouvet, senior rates strategist at ING. Britain has said it aims to raise around 15 billion pounds in total from two green gilt launches this year - Tuesday’s sale and a new 20- to 30-year maturity green gilt next month. This issuance will be only a small fraction of the total 253 billion pounds of gilt sales planned for this financial year.
Persons: Benoit Tessier, , , Antoine Bouvet Organizations: REUTERS, United, ING, Bank of England Locations: Britain, United Nations, Glasgow, Germany, Italy, Spain
NEW YORK—The Taliban are seeking to participate in the United Nations annual gathering as part of the Afghan militant group’s effort to win international recognition, after its military victory toppled Afghanistan’s U.S.-backed government. The office of U.N. Secretary-General António Guterres received a letter from Taliban foreign minister Amir Khan Muttaqi on Monday asking to participate in the U.N. General Assembly, according to the U.N. spokesman Stéphane Dujarric. Meanwhile, the group said it had nominated Suhail Shaheen, a Taliban spokesman in its Qatar office, as its U.N. ambassador, Mr. Dujarric said.
Persons: António Guterres, Amir Khan Muttaqi, Stéphane Dujarric, Suhail Shaheen, Dujarric Organizations: United Nations, Afghanistan’s, General Locations: Afghanistan’s U.S, Qatar
President Biden outlined a U.S. foreign-policy vision rooted in global alliances during his first address to the United Nations as commander-in-chief, emphasizing the importance of diplomacy at a moment when relations with some U.S. allies are strained. Mr. Biden called for a shift away from armed conflict after two decades of war in Afghanistan and the Middle East. “As we close this period of relentless war, we’re opening a new era of relentless diplomacy,” he said, standing in the U.N. assembly hall in front of the iconic serpentinite stone backdrop.
Persons: Biden, Organizations: United Nations Locations: Afghanistan
WASHINGTON—President Biden will outline a U.S. foreign-policy vision rooted in diplomacy and global alliances during his first address to the United Nations as commander-in-chief, calling for a shift away from armed conflict after two decades of war. At a moment when some U.S. alliances are facing strain, Mr. Biden is expected to make the case that the biggest issues facing the world—from the coronavirus pandemic to climate change—can only be solved with cooperation among countries with varying national interests, according to U.S. officials. He’ll encourage competition among rising powers but make clear that he doesn’t want another Cold War, the officials said.
Persons: Biden Organizations: WASHINGTON, United Nations
WASHINGTON—President Biden will outline a U.S. foreign-policy vision rooted in diplomacy and global alliances during his first address to the United Nations as commander-in-chief, calling for a shift away from armed conflict after two decades of war. At a moment when some U.S. alliances are facing strain, Mr. Biden is expected to make the case that the biggest issues facing the world—from the coronavirus pandemic to climate change—can only be solved with cooperation among countries with varying national interests, according to U.S. officials. He’ll encourage competition among rising powers but make clear that he doesn’t want another Cold War, the officials said.
Persons: Biden Organizations: WASHINGTON, United Nations
Angela Weiss | AFP | Getty ImagesMinisters from Britain, China, France, Germany and Russia will not meet with Iran at the United Nations this week to discuss a return to nuclear deal talks, European Union foreign policy chief Josep Borrell told reporters on Monday. Diplomats were tentatively planning for a ministerial meeting of the parties to the 2015 nuclear deal on Wednesday on the sidelines of the annual U.N. gathering of world leaders. It's not in the agenda," said Borrell, who acts as coordinator for the nuclear deal — known as the Joint Comprehensive Plan of Action (JCPOA). Trump reimposed harsh sanctions on Iran, which then started breaching curbs on its nuclear program. The Vienna talks were adjourned in June after hardliner Ebrahim Raisi was elected Iran's president and took office in August.
Persons: Josep Borrell, Angela Weiss, It's, Borrell, Hossein Amirabdollahian, Donald Trump, Trump, hardliner Ebrahim Raisi Organizations: European Union for Foreign Affairs, EU, AFP, Getty, Ministers, United, Union, Monday, Diplomats, U.S Locations: New York City, Britain, China, France, Germany, Russia, Iran, United Nations, Vienna, United States, Tehran
French President Emmanuel Macron and Australian Prime Minister Scott Morrison hold a news conference as they meet at the Elysee Palace in Paris, France, June 15, 2021. While U.S. President Joe Biden has sought to speak to French President Emmanuel Macron to ease tension, Morrison said he would not hold a separate bilateral meeting with the French leader. I'm sure that opportunity will come in time," Morrison told reporters in New York when asked if he would speak to Macron on the sidelines of the United Nations General Assembly. European Union countries expressed solidarity with France on Monday in a show of unity seen as threatening Australia's bid for a free trade deal with the bloc. read moreAustralia and the EU are set to hold the next round of talks on a trade deal on Oct 12.
Persons: Emmanuel Macron, Scott Morrison, Pascal Rossignol, Joe Biden, Morrison, Trade Dan Tehan, Biden, Colin Packham, Robert Birsel Organizations: Australian, REUTERS, Pascal Rossignol CANBERRA, United, France's Naval Group, U.S, While U.S, United Nations General Assembly, European, France, Trade, Thomson Locations: Paris, France, United Nations, Australian, EU, Australia, United States, Canberra, Washington, While, New York, India, Japan
Julien Warnand/Pool via REUTERSNEW YORK, Sept 20 (Reuters) - Ministers from Britain, China, France, Germany and Russia will not meet with Iran at the United Nations this week to discuss a return to nuclear deal talks, European Union foreign policy chief Josep Borrell told reporters on Monday. Diplomats were tentatively planning for a ministerial meeting of the parties to the 2015 nuclear deal on Wednesday on the sidelines of the annual U.N. gathering of world leaders. It's not in the agenda," said Borrell, who acts as coordinator for the nuclear deal - known as the Joint Comprehensive Plan of Action (JCPOA). The Vienna talks were adjourned in June after hardliner Ebrahim Raisi was elected Iran's president and took office in August. French Foreign Minister Jean-Yves Le Drian said earlier on Monday that the negotiations must restart, signalling that there would be a ministerial meeting of the nuclear deal parties.
Persons: Josep Borrell, Julien Warnand, It's, Borrell, Hossein Amirabdollahian, Donald Trump, Trump, hardliner Ebrahim Raisi, Jean, Yves Le Drian, Michelle Nichols, Muralikumar Organizations: REUTERS NEW, United, Union, Monday, Diplomats, U.S, United Nations, Thomson Locations: Afghanistan, Strasbourg, France, Britain, China, Germany, Russia, Iran, United Nations, Vienna, United States, Tehran
UK's Johnson discussed taxation with Amazon's Bezos
  + stars: | 2021-09-21 | by ( ) www.reuters.com   time to read: +1 min
British Prime Minister Boris Johnson walks outside United Nations headquarters during the 76th Session of the U.N. General Assembly, in New York, U.S., September 20, 2021. REUTERS/David 'Dee' Delgado/FilesLONDON, Sept 21 (Reuters) - British Prime Minister Boris Johnson discussed the issue of taxation when he met Amazon's (AMZN.O) founder Jeff Bezos in New York, Downing Street said. "The prime minister raised the issue of taxation, and hoped progress could be [made] in implementing the G7 agreement on tax," a Downing Street spokesperson said in a readout of the meeting. “The prime minister welcomed the Bezos Earth Fund’s commitment, announced tonight, to give $1 billion to protect forests and remove carbon from the air," Downing Street said. "The prime minister and Mr Bezos agreed to work together to see what more could be done in the run up to and at COP26."
Persons: Boris Johnson, David, Dee, Delgado, Amazon's, Jeff Bezos, Downing, Bezos, Mr Bezos, Guy Faulconbridge, Kate Holton Organizations: British, United Nations, General Assembly, REUTERS, Downing, Fund, Amazon, Thomson Locations: New York, U.S, COP26
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