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Remaking the River That Remade L.A.February 1938 was a wet month in Los Angeles. Reservoirs overflowed, dams topped out and floodwaters careered down Pacoima Wash and Tujunga Wash toward the Los Angeles River. The Los Angeles River was never a storybook river of the kind that, like the Hudson or the Seine, we associate with great cities. Among the naysayers is a venerable organization called Friends of the Los Angeles River, founded by the Texas-born poet and performance artist Lewis MacAdams. “With all the problems L.A. is facing,” he said, “even if it costs $50 billion to fix the river, we should just effing do it.”The headwaters of the Los Angeles River aren’t easy to find.
"Humanity has a choice: cooperate or perish,” Guterres told delegates gathered in the seaside resort town of Sharm el-Sheikh. And our planet is fast approaching tipping points that will make climate chaos irreversible,” he said. Signatories to the 2015 Paris climate agreement pledged to achieve a long-term goal of keeping global temperatures from rising by more than 1.5°C above pre-industrial levels. Guterres said that goal will only stay alive if the world can achieve net zero emissions by 2050. The World Trade Organization, meanwhile, said in a report published on Monday that it should tackle trade barriers for low carbon industries to address the role of global trade in driving climate change.
India's NSE stock futures, listed on the Singapore exchange , were 0.94% lower as of 0211 GMT. The Federal Reserve raised interest rates by 75 basis points on Wednesday as widely expected and said its battle against inflation will require borrowing costs to rise further. Meanwhile, foreign institutional investors bought a net 14.36 billion Indian rupees ($173.61 million) worth of equities on Wednesday, while domestic investors sold 13.78 billion rupees of shares, as per provisional data available with the National Stock Exchange. ** Mahindra and Mahindra Financial Services Ltd (MMFS.NS) reported September-quarter profit of 4.48 billion rupees, a 56.2% year-on-year decline. ($1 = 82.7120 Indian rupees)Reporting by Rama Venkat in Bengaluru;Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.
General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. JPMorgan and Goldman Sachs made nearly $77 million and $42 million respectively in investment banking fees in Saudi Arabia last year, Refinitiv data showed. "For the most part, I do not see U.S. companies actively avoiding Saudi Arabia due to recent political tensions," said Adel Hamaizia, managing director at Highbridge Advisory and a visiting fellow at Harvard University. FDI FLATForeign direct investment still lags behind targets, though there has been movement in new sectors as the kingdom opens up. As Boeing netted an $80 million defence contract last year, Fedex announced a $400 million 10-year investment plan in the country, the Arab world's biggest economy.
People inspect a damaged motorcycle at the scene where Palestinian Den of Lions member Tamer Kilani was killed in an explosion, in Nablus in the Israeli-occupied West Bank October 23, 2022. REUTERS/Raneen SawafaNABLUS, West Bank, Oct 23 (Reuters) - A senior member of a Palestinian militant group was killed overnight on Sunday in the occupied West Bank in what Palestinians described as a targeted explosion carried out by Israel. Tamer Kilani, a leader in a group known as the "Den of Lions" in the city of Nablus, where clashes between Palestinian militants and Israeli security forces have been occurring almost daily, was killed when a bomb placed on a motorcycle parked nearby was detonated, according to the militant group. Sunday's violence follows months of tension that has deepened since Israeli forces began a crackdown in the West Bank in March in response to a series of attacks by Palestinians in Israel. The "Den of Lions", a group of Nablus gunmen with loose factional affiliations, in a statement promised to deal Israel "a harsh and painful response".
BENGALURU, Oct 21 (Reuters) - Indian billionaire Gautam Adani's group plans to raise at least $10 billion in new debt through the next year to refinance large borrowings and fund projects in its pipeline, Bloomberg News reported on Friday, quoting people in the know. The Adani Group plans to use several vehicles including foreign currency debt and green bonds to raise up to $6 billion to swap its current high-interest debt with lower-cost borrowings and deploy the rest for project financing, according to the report. It added that the effort could begin as early as the current December quarter. An Adani Enterprises (ADEL.NS) spokesperson did not immediately respond to a Reuters request for comment. The report comes more than a month after debt research firm CreditSights, a part of the Fitch Group, said it had concerns about the Adani group's overall debt levels, at a time when it is looking to expand aggressively.
INDIA STOCKS Indian shares seen opening higher as oil slips
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Oct 19 (Reuters) - Indian shares are set to open higher on Wednesday, taking cues from overnight gains on Wall Street as corporate earnings helped improve sentiment and oil prices fell on worries of higher U.S. supply. Foreign institutional investors sold a net of 1.53 billion Indian rupees ($18.6 million) worth of equities on Tuesday, while domestic investors bought 20.85 billion rupees worth of shares, as per provisional data available with the National Stock Exchange. ** Adani Enterprises Ltd (ADEL.NS) said its unit, Adani Defence Systems & Technologies, would buy Air Works for an enterprise value of 4 billion rupees. ** Prestige Estates Projects Ltd (PREG.NS) said during second quarter, the group registered sales of 35.11 billion rupees, up by 66% from a year ago. ** ICICI Lombard General Insurance Co Ltd (ICIL.NS) reported a September-quarter profit after tax of 5.91 billion rupees, up 32.3% from last year.
London CNN Business —Western governments are furious after OPEC+ decided last week to slash oil production by the largest amount since the start of the pandemic. The IEA slashed its forecast for world oil demand growth next year by more than 20%, citing further downgrades to global growth expectations from major institutions. “The massive cut in OPEC+ oil supply increases energy security risks worldwide,” the IEA said. Typically, higher oil prices send non-OPEC producers into action, particularly US shale companies. Supply growth is set to “slow markedly” in 2023, although still reach a record of 100.6 million barrels a day.
Experts also fear that continued high oil prices could make it more difficult for the US to tamp down inflation, which has already skyrocketed this year. “Saudi Arabia is taking the side of trying to ensure the stability of the oil markets.”“Saudi Arabia does not politicize oil. Saudi officials have insisted that the production cut is being done to protect the country’s economic interests. Democratic Sen. Richard Blumenthal of Connecticut on Wednesday called for immediate action on his bill that would stop US arm sales to Saudi Arabia. When asked about growing calls in Washington to limit ties with Saudi Arabia, al-Jubeir said he hoped that such talk was motivated by domestic politics ahead of the midterms.
India renewables push gets lift from patient money
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +2 min
MUMBAI, Sept 19 (Reuters Breakingviews) - As global borrowing costs rise, patient foreign investors are stepping up to help tycoons recycle capital and speed India’s energy transition. The wider deal will help the unit of $19 billion Mahindra and Mahindra (MAHM.NS) repay a shareholder loan as Indian businesses deleverage en masse. In April, Tata Power (TTPW.NS) struck a deal with BlackRock (BLK.N) and Abu Dhabi’s Mubadala. Register now for FREE unlimited access to Reuters.com RegisterSimilar tie-ups helped renewables power 60% of India’s energy capacity additions in the past six years, according to Moody’s. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Sursa foto: APLa zece ani de la moartea lui Osama bin Laden, Al-Qaida are o conducere slăbităAl-Qaida va rămâne prima centrală jihadistă din lume, responsabilă pentru atentate grave în istoria modernă. Însă, la zece ani de la moartea fondatorului său Osama bin Laden, organizaţia nu a găsit un succesor pe măsura acestuia, comentează miercuri AFP. Lipsit de carismă, egipteanul Ayman al-Zawahiri, care i-a succedat lui Bin Laden, se ascunde în zona frontierei afgano-pakistaneze. Cel mai mare succes al lui Al-Zawahiri este că a menţinut în viaţă Al-Qaida'', a explicat Barak Mendelsohn, profesor la Universitatea Haverford din Pennsylvania. Considerat drept unul dintre cei care au conceput planul atentatelor de la 11 septembrie 2001, semnătura fundamentală a Al-Qaida, Ayman al-Zawahiri a intrat la vârsta de 15 în rândurile Frăţiei Musulmane şi a supravieţuit timp de 40 de ani jihadului, o longevitate rarisimă, adaugă AFP.
Persons: Osama bin Laden, Al - Qaida, - Qaida, ., organizaţia, Bin Laden, Al -, -, Barak, Ayman, Zawahiri, Abu Mohammed al, Adel . Organizations: Universitatea Haverford, Agerpres, New York Times, Stat Islamic, ONU Locations: afgano, Pennsylvania, Peninsula Arabică, Somalia, Afganistan, Siria, Irak, Myanmar, -, Teheran, Washington, New, Regatului Unit, Adel, Iran
Forțele de securitate afgane l-au arestat pe cel considerat a fi "creierul" din spatele atacului ucigaș de la Universitatea din Kabul de la începutul acestei luni, a declarat sâmbătă vicepreședintele Amrullah Saleh, transmite DPA, prelut de Agerpres. Saleh l-a identificat pe autorul atacului ca fiind Adel, un rezident al provinciei nord-estice Panjshir, care a fost recrutat de rețeaua Haqqani. Potrivit vicepreședintelui, Adel și-a terminat al treilea an de studii islamice la universitate înainte de a fi atras de rețea. Se crede că rețeaua Haqqani are legături strânse cu talibanii și, potrivit experților, acționează adesea ca o aripă militară a grupării talibane. Pe 2 noiembrie, trei bărbați înarmați au luat cu asalt campusul Universității din Kabul și au deschis focul asupra studenților, profesorilor și angajaților, omorând cel puțin 22 de persoane și rănind 27.
Persons: Saleh, Adel, afgan Organizations: Universitatea din, din, Islamic Locations: Universitatea din Kabul, Adel, din Kabul
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