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Earlier this month, U.S. Treasury Secretary Janet Yellen said contributions from Beijing could boost U.N. climate funds. It has, however, signalled a willingness to offer climate finance to developing countries through different instruments, like a South-South Climate Cooperation fund it launched in 2015. And the United States hopes that China will unveil its domestic plans to tackle the issue before the next U.N. climate conference in December. Global emissions levels have only risen since. The United States tends to look at overall national emissions, ignoring both historical emissions and the per-capita breakdown.

Persons: Janet Yellen, Donald Trump's, Joe Biden, John Kerry, Xie Zhenhua, Kerry, Xie, David Stanway, Katy Daigle, Jacqueline Wong Organizations: European Union, Treasury, Climate Cooperation, Technological, Biden, Kerry, Microvast Holdings, Global, European, Thomson Locations: BEIJING, China, United, Beijing, U.S, U.N, Rio de Janeiro, United States, Xinjiang, Paris, Glasgow, 1.5C, European Union, COP28, Dubai, Singapore

☆ India needs to grow at 7.6% a year for 25 yrs to be a developed nation -cenbank bulletin
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +1 min

MUMBAI, July 17 (Reuters) - India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nation, according to a research paper published by the central bank in its monthly bulletin on Monday. India's per capita income is currently estimated at $2,500, while it must be more than $21,664 by 2047, as per World Bank standards, to be classified as a high-income country. "It may, however, be mentioned that the best (nominal growth) India achieved over a period of consecutive 25 years in the past is a CAGR of 8.1% during 1993-94 to 2017-18." To reach that level of sustained growth, India requires investment in physical capital and reforms across sectors covering education, infrastructure, healthcare and technology, the study said. The country's industrial and services sector would need to grow at over 13% annually for these 25 years for India to achieve developed economy status, it said.

Persons: Ira Dugal, Savio D'Souza Organizations: Bank, Reserve Bank, Thomson Locations: MUMBAI, India

☆ How America fell out of love with ice cream
▼ + stars: | 2023-07-16 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +9 min

Ice cream is “the ultimate comfort food.”Drinkers swapped a pint for a scoop, and for ice cream makers, Prohibition was a boon. “In fact they say that the ice cream business is bound to increase in volume from year to year as more people are using ice cream since the coming in of nation-wide prohibition and the going out of the saloon.”The interest in ice cream continued in World War II, buoyed by the government’s use of the frozen dessert to help boost morale. Margaret Bourke-White/The LIFE Picture Collection/Shutterstock“We built pop-up ice cream factories on the front lines, delivered individual ice cream cartons to foxholes and spent more than a million dollars on a floating ice cream barge that patrolled the Pacific delivering ice cream,” Siegel said. Scoops of Falooda ice cream are placed on top Blueberry Lavender ice cream at Pints of Joy in Sunnyvale, California. Today, she teaches aspiring ice cream entrepreneurs how to make ice cream.

Persons: Earl Leaf, Michael Ochs, Baskin Robbins, —, Matt Siegel, ” Siegel, Yuengling, ”, Margaret Bourke, “, Siegel, John Robbins, Robbins, Burt Baskin, Robbins ’, ” Robbins, Robbins “, Deepak Chopra, Marianne Williamson, Lucas Fuess, Richard B, Levine, Levine Roberts, Fuess, John Crawford, “ There’s, Circana, Aric Crabb, Talenti, Earl Grey, ” Crawford, Bryan Olin Dozier, Deborah Lee Organizations: New, New York CNN, US Department of Agriculture, Michael Ochs Archives, Food, Anheuser, Busch, Manufacturers, Cream, Baskin, New York Times, Rabobank, MediaNews, East Bay Times Locations: New York, NY, American, USS Maryland, Chicago , Illinois, Circana, Joy, Sunnyvale , California, Van Leeuwen, North Carolina

☆ Why Americans are obsessed with peanut butter
▼ + stars: | 2023-07-14 | by ( Natalie Rice | ) www.cnbc.com time to read: +9 min

Skippy was the leading peanut butter brand in the U.S. until 1980, a title that now belongs to Jif. Pond, that became the first brand to commercially develop peanut butter in 1920, sparking the way we eat peanut butter today. "We've launched certain innovations specifically in Asian markets to help enable that type of cooking use for peanut butter. Domestically, Americans eat an average of 4.25 pounds of peanut butter per capita, a figure that increased temporarily during the Covid-19 pandemic, according to the National Peanut Board. As the family came together in the middle of the day, we saw that it introduced this love and affection for peanut butter to children who will hopefully carry that love and affection for peanut butter into [their] lifetime," he added.

Persons: Skippy, Joseph Rosefield, Peter Pan, Matt Smith, Circana, Costco's Kirkland, Smucker's, Jif, Smith, Rebecca Scheidler, they've, Ryan Christofferson, Christofferson, aren't, they're, Bob Parker, It's, it's, We've, Parker, Domestically, —, Scheidler Organizations: Equity Research, Stifel Financial Corp, Hormel Foods Corp, Post, Holdings, Foods, Hormel Foods, Spam, Unilever, Peanut Board, FDA, Hormel, National Peanut Board Locations: Jif, U.S, Chicago, Smucker, Uncrustables, Longmont , Colorado, McCalla , Alabama, Mexico, Canada, China

☆ New Aussie central bank boss faces two-front war
▼ + stars: | 2023-07-14 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

MELBOURNE, July 14 (Reuters Breakingviews) - Michele Bullock cannot count on a honeymoon period when she takes over at the Reserve Bank of Australia in September. The country’s Treasurer Jim Chalmers on Friday unveiled her appointment as the central bank’s first female governor after deciding not to extend gaffe-prone Philip Lowe’s seven-year tenure. By the time she steps up, Bullock, currently deputy governor, will probably face an economic war on two fronts. Lowe is a fall guy for the failure by global central banks to take rising prices seriously following the pandemic. Follow @AntonyMCurrie on TwitterCONTEXT NEWSMichele Bullock will be the next governor of the Reserve Bank of Australia, the country’s Treasurer Jim Chalmers announced on July 14.

Persons: Michele Bullock, Jim Chalmers, Philip Lowe’s, Bullock, Lowe, Chalmers, Philip Lowe, Una Galani, Thomas Shum Organizations: MELBOURNE, Reuters, Reserve Bank of Australia, Consumer, Thomson Locations: Australia

☆ These 10 states are running America's best economies for residents
▼ + stars: | 2023-07-13 | by ( Scott Cohn | ) www.cnbc.com time to read: +8 min

To determine which states have the best economy, we look at overall economic growth and annual job growth on a percentage basis, as well as the health of state finances. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. IndianaWhile the Hoosier State's economy is hardly a barnburner, Indiana offers stability. The state's debt rating is solid. UtahThe Beehive State's economy just keeps buzzing.

Persons: Christina, Dupont De Nemours, Incyte Carlos Hernandez, Eileen T, Meslar, Eli Lilly, Kyle Green, Lucas Jackson, George Frey, Zions, Tim Aeppel, —, Justin Sullivan, Lindsey Nicholson, Matthew Busch, payrolls, Jim Watson Organizations: Companies, Business, Getty, Bureau, AAA, Reuters, Indiana, Hoosier, Federal Housing Finance Agency, National Association of Realtors, Simon Property, Bloomberg, Gem, Data Solutions, Micron Technology, Lamb Weston Holdings, South, South Carolina, Union Pacific, Automotive Designs, . Tennessee The Volunteer State, Headquarters, FedEx, Tractor, Delta Airlines, Peach State, Assurant, Intercontinental Exchange, Universal, North, Bank of America, Duke Energy, Just Energy Group, Texas, Lone Star State, Oracle, Tesla, AFP Locations: U.S, States, Wilmington , Delaware, Delaware, Middlebury , Indiana, , Indiana, CBH, Calvary Springs, Nampa , Idaho, Idaho, California, York County , South Carolina, South Carolina, Palmetto, South, Salt Lake City , Utah, Utah, Bristol , Indiana, Tennessee, Alpharetta , Georgia, Georgia, Denver , North Carolina, North Carolina, Houston , Texas, The Texas, Texas, New York, Miami , Florida, Florida

The cost to make a flat white, one of the most popular Australian coffee orders, jumped by nearly one-fifth. The result is smaller profits, a shrinking pool of regular customers and business owners heading for the exit. Before COVID-19, hospitality venues were about one-third of Australian small businesses advertised for sale. It paused in July but warned it may resume hiking if inflation, still running at 7%, fails to slow. "Some of my regulars I used to have will still come and get coffee and say, 'We had to bring lunch.

Persons: Jack Hanna, Hanna, Damian Krigstein, Peter Meredith, Guy Cooper, insolvencies, Patrick Coghlan, that's, David Cox, Cox, Byron Kaye, Lewis Jackson, Praveen Menon, Sonali Paul Organizations: Reuters, SBS Business, Link Business Sales Australasia, Australian Securities and Investments, Thomson Locations: SYDNEY, Europe, Sydney, Ukraine, Sydney's

☆ The 10 best U.S. cities for earning potential—the top 3 are all on the West Coast
▼ + stars: | 2023-07-04 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

Background check company Checkr recently analyzed the 100 largest U.S. cities to find the 10 best cities for earning potential. They used data from the U.S. Census Bureau, the Bureau of Labor Statistics and the Bureau of Economic Analysis to create a score based on real per capita personal income, 10-year income growth and percentage of households making more than $200,000. The results span various regions of the country. Here are the 10 best cities for earning potential, ranked from highest earnings potential to lowest and including the median household income in each city per the Census Bureau. (Because Checkr used its own method to calculate rankings, earning potential is not reflected in median income.)

Organizations: U.S . Census Bureau, of Labor Statistics, Bureau Locations: U.S

☆ An earthquake destroyed their California home days before Christmas. They still have to pay the mortgage
▼ + stars: | 2023-07-02 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +14 min

A 6.4 magnitude earthquake had just struck Rio Dell, California, upending homes and lives for the community of 3,400 people near Oregon. “It’s a gamble to not have it,” Rio Dell City Manager Kyle Knopp said. A whopping 90% of homes in California aren’t covered by earthquake insurance, according to Glenn Pomeroy, CEO of the California Earthquake Authority, a nonprofit quake insurer established by the state. Gavin Newsom proclaimed an emergency for Humboldt County, where Rio Dell is located, in part to help local governments access services. Despite seeing how costly earthquake damage can be, she doubts she’ll buy earthquake insurance for her next home.

Persons: CNN —, Jacqui McIntosh, Rio, McIntosh, ”, unlivable, “ It’s, Fred Greaves, “, Kyle Knopp, Glenn Pomeroy, ” Brian Ferguson, Knopp, ” Knopp, Randy Jensen, ” Jensen, Jensen, Jane Tyska, ” Pomeroy, that’s, Pomeroy, Gavin Newsom, Michelle Bushnell, Bushnell, it’s, Keith Porter, Kent Porter, Bolt, Porter, ” Porter, ‘, Alyssa Jorgensen, Jorgensen, didn’t, ” McIntosh Organizations: CNN, Dell, California Earthquake Authority, California Governor’s, Emergency Services, Mendocino Triple Junction, FEMA, Rio Dell, Reuters, Rio Dell Water, Media, East Bay Times, San, Small Business Administration, Institute, The Press Democrat, Mitigation, retrofits, Earthquake, California Earthquake Locations: Rio Dell , California, Oregon, Rio Dell, California, It’s, Mendocino, Cape Mendocino, Northern California, Montecito, Beverly Hills, Malibu, Rio, Humboldt County

☆ Singapore is the most expensive city for a life of luxury, according to a new ranking. 2 US cities make the top 10.
▼ + stars: | 2023-07-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Singapore is the most expensive city for living in luxury, per a report by the Julius Baer Group. Rent, house prices, school fees, taxes on cars, and living expenses are all high in the city-state. Singapore pushed Shanghai off the podium, marking the first time the Asian city-state topped the ranking. By the end of 2022, Singapore had an estimated 1,500 family offices – twice the number of the previous year. Here is Julius Baer's ranking of the 10 most expensive cities for "living well":

Persons: Julius Baer, —, Long, –, Julius Baer's Organizations: Julius Baer Group, Service, Privacy, Singapore Locations: Singapore, Shanghai, Hong Kong, London, New York, Swiss

☆ Austin, home to Elon Musk's Tesla, is the best city to start your career, a study has found. See the top 5.
▼ + stars: | 2023-06-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Financial services company Bankrate ranked the best and worst cities for young professionals. Austin, Texas, took the top spot and ranked highly for year-on-year job growth. Bankrate, a financial services company, put together a list of the best and worst cities for professionals who are just starting out. The city is known as "Silicon Hills" and serves as a base for major companies such as Elon Musk's Tesla. Some of the worst cities to launch a career were Birmingham, Memphis, and New Orleans, the study found.

Persons: —, Alex Gailey, Austin, Elon Musk's Tesla, Musk, Franklin Nashville , Tennessee Michael Warren, Cary, DANIEL SLIM, Bellevue Seattle , Washington spotmatik Organizations: Financial, Bankrate, Service, Elon, Birmingham, Nashville, Davidson, Franklin, Getty, Raleigh, Austin, Georgetown Locations: Austin , Texas, Texas, California, Memphis, New Orleans, Murfreesboro, Franklin Nashville , Tennessee, Cary Raleigh , North Carolina, Salt Lake City Salt Lake City , Utah, AFP, Seattle, Tacoma, Bellevue Seattle , Washington

☆ Americans’ buying power rose for first time since March 2021 amid falling inflation
▼ + stars: | 2023-06-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Images By Tang Ming Tung | Digitalvision | Getty Images"This is clearly a function of inflation starting to come down," Terrazas said. 'Unprecedented' pay jumps during pandemicWage growth started to spike in 2021 as workers enjoyed the benefits of a hot job market. In some cases, workers' pay growth was strong enough to outrun inflation's impact — especially for those who quit their jobs for higher-paying gigs elsewhere. Meanwhile, wage growth has also declined but at a slower pace — translating to a net boost to Americans' financial well-being in May relative to last year. These data sets are more inclusive than that of wage growth.

Persons: Tang Ming Tung, Terrazas, Julia Pollak, Pollak, Mark Zandi, Aaron Terrazas, Zandi Organizations: ZipRecruiter, CPI, . Bureau, Moody's, Federal Reserve Bank of New Locations: U.S, Federal Reserve Bank of New York

☆ Column: Europe's clashes over coal may extend well beyond Poland
▼ + stars: | 2023-06-20 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

However, while Poland may be Europe's most coal-dependent economy with roughly 70% of electricity coming from coal, it is far from being Europe's only economy with a vested interest in extending the life of its power plants. HEAVY USERSGermany has the highest number of coal plants in Europe, with 53 facilities listed as participating in the EU Emissions Trading System (EU ETS), data from Ember shows. Poland is also home to the Belchatow Power Station, which is by far Europe's largest thermal coal plant, which alone spewed out over 35 million tonnes of CO2 in 2022. Czechia, formerly the Czech Republic, has 19 coal-fired plants in the EU ETS which emitted a collective 34 million tonnes of CO2 in 2022. Share of electricity from coal in select European countriesBulgaria, which depended on coal for 42% of electricity last year, has five plants in the EU ETS which emitted 23.8 million tonnes last year.

Persons: Ember, Belchatow, Gavin Maguire, Sonali Paul Organizations: Union, European Union, EU, Trading, ETS, EU ETS, World Bank, Belchatow, Southern, Global Energy Monitor, Western, Reuters, Thomson Locations: LITTLETON , Colorado, Ukraine, Poland, Germany, Netherlands, Romania, Turkey, Czechia, Greece, Europe, Czech Republic, Bulgaria, Slovenia, Italy

☆ These are the most expensive cities if you want to live in luxury, according a Swiss private bank
▼ + stars: | 2023-06-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Singapore is the most expensive city for living in luxury, per a report by the Julius Baer Group. Rent, house prices, school fees, taxes on cars, and living expenses are all high in the city-state. The Swiss private bank released its 2023 Global Wealth and Lifestyle Report on Tuesday. By the end of 2022, Singapore had an estimated 1,500 family offices – twice the number of the previous year. Here is Julius Baer's ranking of the 10 most expensive cities for "living well":

Persons: Julius Baer, —, Long, –, Julius Baer's Organizations: Julius Baer Group, Service, Privacy, Singapore Locations: Singapore, Shanghai, Hong Kong, London, New York, Swiss

☆ Zeynep Tufekci on ‘Breaking Bad’ - The New York Times
▼ + stars: | 2023-06-20 | by ( Zeynep Tufekci | ) www.nytimes.com time to read: +4 min

The TV drama “Breaking Bad” does an exceptional job of capturing America’s other exceptionalisms. So Walter turns to yet another American institution that stands out among the nation’s peers: a vast and violent drug trade. Walter worries about his family’s future — especially that of his son, Walt Jr., who has cerebral palsy. But Walter Jr. is talented: In an episode that aired one year before the crowdfunding site GoFundMe was founded, Walt Jr. designs a website to solicit donations to help pay for his dad’s cancer treatment. 1 cause of bankruptcy in the United States.

Persons: topick, Alexis de Tocqueville, Barack Obama, “, Ronald Reagan, Walter White, Walter, —, Walt Jr, Walter Jr, Walt, Jr, ”, don’t Organizations: Caltech, National Rifle Association Locations: America, United States, GoFundMe, Covid

☆ Morgan Stanley's chief US economist now says home prices are likely to drop only 2% in 2023. Here's why she thinks the housing downturn is virtually over.
▼ + stars: | 2023-06-17 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Morgan Stanley's Ellen Zentner says housing activity has bottomed. After a huge drop off in activity, demand is starting to stabilize. Yardeni ResearchThe pickup in activity has likely been due to housing affordability stabilizing. Zentner's view that the housing market is stabilizing is a big contributing factor to her call for a soft-landing scenario, where the US economy avoids a recession. But nevertheless, housing activity has bottomed, and that's probably the most important pillar to a soft-landing."

Persons: Morgan, Ellen Zentner, Morgan Stanley's Ellen Zentner, Zentner, that's, Goldman Sachs, Jonathan Woloshin, Suisse's Ray Farris, Ian Shepherdson, undershoots, David Rosenberg Organizations: National Association of, National Association of Homebuilders, UBS Wealth Management, Rosenberg Locations: Zentner

☆ As climate change hits, China weighs new water megaprojects
▼ + stars: | 2023-06-13 | by ( David Stanway | ) www.reuters.com time to read: +5 min

"What they have been doing so far is using engineering solutions to try to physically supply water and fix their water problem," said Mark Wang, a geographer at Melbourne University who studies the impact of China's water infrastructure. "If China can reduce water use and increase efficiency, it doesn't need mega-diversion projects." Total investment in fixed water assets exceeded 1.1 trillion yuan ($154 billion) last year, up 44% compared with 2021, analysts said. It rose 15.6% to 407 billion yuan in the first quarter of 2023 and officials say even more funding will be made available. 'CHAIN REACTIONS'Part of the new plan involves the expansion of the South-North Water Diversion Project (SNWDP), an ambitious engineering project that diverts surplus Yangtze River water to the arid Yellow River basin in the north.

Persons: Li Guoying, Mark Wang, Wang, Genevieve Donnellon, Gorges, David Stanway, Gerry Doyle Organizations: of Water, Melbourne University, China's Ministry of Water Resources, Oxford Global Society, Diversion, Thomson Locations: China, SINGAPORE, Sichuan, Liangshan County, Poyang Lake, Tibet, India

Pig prices soared in Europe last year as output was cut by farms squeezed by high grain and energy costs. The EU pork industry has been buffeted in the past decade by a Russian trade embargo, the westward spread of African swine fever and the COVID-19 pandemic. "We're continuing to add costs to the overall pork production chain," Justin Sherrard, global strategist for animal protein at Rabobank, said. That may mean EU pork exports, whose share of production more than doubled to 21% between 2000 and 2020, have peaked. But an inflationary economy may make consumers less ready to accept rising pork prices and deepen a shift towards chicken as a cheaper, more convenient option.

Persons: Carole Joliff, Joliff, Jean, Paul Simier, AKI, We're, Justin Sherrard, slaughterhouses, Klaus Kaiser, FICT, Rabobank's Sherrard, jamon serrano, prosciutto, Tim Koch, Gus Trompiz, Forrest Crellin, Michael Hogan, Johannes Birkebaek, Emma Pinedo, Toby Sterling, David Evans Organizations: European Union, Commission, Rabobank, BLE, Danish Crown, AMI, Thomson Locations: PARIS, Brittany, Europe, Russian, Hungarian, China, Japan, Denmark, Netherlands, Danish, France, Brazil, United States, Germany, EU, Paris, Hamburg, Copenhagen, Madrid, Amsterdam

☆ Singapore's love affair with air conditioning shows a Catch 22 of climate change
▼ + stars: | 2023-06-09 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

Thankfully, Chee said, his home has five air conditioners – one in each bedroom and a larger unit in the living room. “I drank plenty of water, took cold showers and kept the air conditioning on for the entire weekend. Indeed, in this city, air conditioning has become almost a way of life. But Singapore’s love affair with air conditioning has an enormous cost. Here are some possible solutions 02:39 - Source: CNNBreaking the loopStill, experts say there are ways to break the air conditioning doom-loop.

Persons: Chee Kuan Chew, ” Chee, “, Mo Kio, Chee, Lee Kuan Yew, Edgar Su, Suhaimi Abdullah, Matthias Roth, Roth, Radhika Khosla, ” Khosla, Heng Chye Kiang, Smart, Heng Organizations: CNN, Reuters, Economic, International Energy Agency, Urban, United States Environmental Protection Agency, National University of Singapore, United Nations, Montreal Protocol, Oxford University’s Smith School of Enterprise, Environment, Bloomberg, Getty, Singapore’s National Environment Agency, NEA, ”, National University of Singapore’s School of Design Locations: Singapore, New York City, Japan, United States, ”, Kigali, Montreal, Orchard

Higher rates and overhangs from this year's banking crisis will drastically slow economic growth for the biggest global economies, the World Bank said Tuesday. U.S. GDP growth is expected to decelerate in 2024 to 0.8% as high interest rates further weigh on growth. The bank estimates overall global growth will decelerate to 2.1% in 2023, down from 3.1% in 2022. However, World Bank chief economist Indermit Gill said excluding China, growth in developing economies would be less than 3%. This marks "one of the weakest growth rates in the last five decades," Gill told reporters Tuesday.

Persons: Indermit Gill, Gill Organizations: World Bank Locations: Japan, U.S, China

☆ World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
▼ + stars: | 2023-06-06 | by ( David Lawder | ) www.reuters.com time to read: +3 min

Real global GDP is set to climb 2.1% this year, the World Bank said in its latest Global Economic Prospects report. The development lender cut its 2024 global growth forecast to 2.4% from 2.7% in January, citing the lagged effects of central bank monetary tightening and more restrictive credit conditions that were reducing business and residential investment. These factors will slow growth further in the second half of 2023 and into 2024, but the bank released a new 2025 global growth forecast of 3.0%. The bank, however, halved its previous 2024 U.S. growth forecast to 0.8%, and cut China's forecast by 0.4 percentage point to 4.6%. This would likely cut 2024 growth by nearly half to just 1.3% - the slowest pace in 30 years outside of the 2009 and 2020 recessions.

Persons: Indermit Gill, Gill, David Lawder, Edwina Gibbs, Andrea Ricci Organizations: Bank, Real, World Bank, Thomson Locations: U.S, China, COVID, .

☆ Opinion | Fareed Zakaria on Where Russia’s War in Ukraine Stands — and Much More
▼ + stars: | 2023-06-02 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +96 min

Obviously, the line is not perfect, but I think that’s a very sensible line. And I don’t think that’s all about absorption capability. But I don’t think it’s fair to say that the Russians have done everything they can. fareed zakaria[LAUGHS] And by the way, I think that’s some key to understanding the alliance is a personal one. I think India, Israel, and Poland — usually, in the 70 percent-plus say they like — have a favorable view of America.

Persons: ezra klein, it’s, Fareed Zakaria, Zakaria, “ Fareed Zakaria, fareed zakaria, Ezra, Putin, They’ve, there’s, fareed zakaria It’s, they’re, It’s, Fidel Castro, Sean Penn, haven’t, you’re, won’t, Biden, They’re, Washington, Winston Churchill, Merkel, wouldn’t, —, Nancy Gibbs, Khomeini, Macron, Ron DeSantis, YouGov, fareed zakaria I’m, that’s, DeSantis, Lindsey Grahams, Mitch McConnell, Xi Jinping, ezra klein Yes, Xi, Gorbachev, Zelensky, Trump, Obama, Bush, United States —, McCarthy’s, I’ve, they’d, doesn’t, didn’t, ezra klein They’re, fareed zakaria They’re, we’ve, Simpson, I’m, Janet Yellen, Colin Powell, unquote, That’s, Jonathan Haidt, We’ve, he’s, fareed zakaria That’s, they’ve, fareed zakaria Well, gee, TikTok, we’re, George Kennan, Mike Gallagher, klein, Nirupama Rao, Bob Kagan, can’t, — fareed zakaria, Lord Mountbatten, Gandhi, Franklin Roosevelt, Ho Chi Minh, fareed zakaria Right, narratively —, Modi, you’ve, China’s —, fareed zakaria Modi, India’s, Advani, Vajpayee, you’d, There’s, India, Joe Biden, fareed zakaria I’ve, Benedict Anderson’s “, Orville Schell, John Delury, Sunil Khilnani, ezra klein Fareed Zakaria Organizations: CNN, The Washington Post, Putin, Starbucks, Russia, Revolutionary Guard, NATO, Ukrainian, Communist, European Union, U.S, Republican Party’s, Republican Party, Republicans, ASEAN, Trump, Defense, United, U.S ., Democrats, Chinese Communist Party, State, Facebook, Google, Soviet Union, Huawei, Twitter, South China Seas, Foreign Affairs, Yale Law, International Criminal, South China, . Security, Trade Organization, Pax Americana, Americana, New York Fed, America, Republican, Fox, Beijing Locations: ezra klein Russia, Ukraine, Russia, America, Europe, China, India, Russian, United States, Relatedly, Japan, Turkey, Holland, South Korea, Singapore, Iran, Venezuela, Central America, Southeast Asia, Washington, Britain, ‘, U.S, United Europe, Germany, Soviet Union, Vietnam, Beijing, Trump, Asia, Iraq, Hainan, Montana, Republic, Soviet, weirdly, South, Taiwan, Pakistan, New Delhi, South Africa, Kuwait, Russia’s, Eden, Saudi Arabia, Indonesia, Kashmir, it’s, Cuba, Pax, American, Mumbai, Shanghai, Israel, Poland, Indian, Nigeria

☆ Column: Poland defies big polluter expectations with coal use cuts
▼ + stars: | 2023-06-02 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

So instead of emerging as a climate laggard compared to wealthier European peers, Poland is keeping pace with the cuts to coal use and power emissions seen elsewhere, and may soon force emissions forecasters to trim their future pollution projections across the region. TARGETED CUTSEmissions forecasters using planned power generation data from major economies estimate that Europe's total carbon dioxide emissions will drop by 47% from 2022's total by 2030, largely due to planned steep cuts to coal use in Germany. Over the same time frame, Poland's electricity generation from coal has dropped by roughly 20%, resulting in an equal magnitude drop in coal-fired emissions. PRICE PAINGoing forward, a key factor that will drive Poland's overall electricity demand will be the price of it. If coal prices remain stubbornly strong relative to gas, then Poland's power producers may find themselves in the unenviable position of potentially ranking among the highest cost electricity generators in Europe.

Persons: Gavin Maguire, Christopher Cushing Organizations: Poland, European Union, World Bank, COVID, Reuters, Thomson Locations: LITTLETON , Colorado, Poland, Germany, Western Europe, Europe, France, The Netherlands, Spain

1 steak consumer per capita despite the painful impact of 109% inflation on food prices, a Rosario grains exchange report showed on Friday. That, however, seems to be partly reversing, even in the face of one of the world's highest inflation rates which has badly hurt spending power. Reuters GraphicsThe exchange said the relative cost of beef versus pork and chicken had dropped since 2021, though it remained elevated versus a historical average. The proportion of beef in meat consumption climbed this year to 46% from 44% two years ago. The recent bump in the data underscores the importance of beef in Argentine culture, even as the highest inflation rate since 1991 has pushed some 40% of the population into poverty.

Persons: Gross, Anna, Catherine Brigida, Richard Chang Organizations: Reuters, Thomson Locations: BUENOS AIRES, Rosario

NATO Airborne Warning and Control Systems (AWACS) surveillance aircraft will watch the skies over the summit venue through Friday, the alliance said in a statement. Missile debris from the war in Ukraine has been found in Moldova several times since Russia invaded 15 months ago. "NATO AWACS can detect aircraft, missiles and drones hundreds of kilometres away, making them an important early warning capability," NATO spokesperson Oana Lungescu said. The summit will also touch on a range of strategic issues, ranging from energy to cybersecurity and migration. Reporting by John Irish, Andrew Gray and Alexander Tanas; writing by John Irish; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Josep Borrell, Nicu Popescu, Ana Revenco, Oana Lungescu, Volodymyr Zelenskiy, Maia Sandu, Ursula von der, Albin Kurti, Aleksandar Vucic, ” Borrell, Emmanuel Macron, Olaf Scholz, John Irish, Andrew Gray, Alexander Tanas, Mark Heinrich Our Organizations: High Representative, European Union for Foreign Affairs, Moldova's, Russia, NATO, Kyiv, Control Systems, European, Kosovo, EU, Thomson Locations: Chisinau, Moldova, Ukraine, Kosovo, Moldovan, Romania, Russia, Ursula von der Leyen, KOSOVO, Slovakia, defusing, Serbian, Europe, Azerbaijan, Armenia

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