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New Zealand PM Tests COVID-Positive Two Weeks Before Election
  + stars: | 2023-09-30 | by ( Sept. | At P.M. | ) www.usnews.com   time to read: +1 min
SYDNEY (Reuters) -New Zealand Prime Minister Chris Hipkins has tested positive for COVID-19 and will work remotely while isolating, his office said on Sunday, just two weeks before a general election in which his Labour party is struggling. The positive test will temporarily sideline Hipkins in the campaign for the Oct. 14 election. Labour has been sliding in the opinion polls, with the centre-right National party leading by 31.9% to 26.5% in a recent survey. The prime minister's office said further updates on his schedule "will be provided in due course". The government removed its last COVID restrictions in August, but health authorities still recommend that people stay home for five days if feeling unwell or if they have tested positive.
Persons: Chris Hipkins, Carmel Sepuloni, Hipkins, Sam McKeith, Nick Zieminski, William Mallard Organizations: SYDNEY, Zealand, Labour, National Locations: Hipkins, Auckland, Sydney
The yield on the 30-year Treasury bond also dipped about 3 basis points to 4.7%. At the shorter end of the curve, yields were slightly lower. One basis point equals 0.01%. The yield on the benchmark 10-year Treasury note slipped by more than 3 basis points to trade at 4.563%, extending losses after hitting 4.688% on Thursday — its highest level since Oct. 15, 2007 when it yielded as much as 4.719%. The U.S. 10-year Treasury yield was trading lower on Friday, moving away from a fresh 15-year high notched in the previous session.
Persons: Neel Kashkari, CNBC's, , Sarah Min, Lisa Kailai Han Organizations: Federal, Minneapolis, Federal Reserve Locations: U.S, Chicago
It's welcome news for Lula, who has promised to achieve zero deforestation in the Amazon by 2030 and is seeking to repair his country's environmental reputation. The government, however, has received criticism over its plans to open new oil fields near the mouth of the Amazon River. Dave Benett | Getty Images Entertainment | Getty ImagesThe Amazon is critical in absorbing the planet's carbon dioxide — making it a vital bulwark in the fight against climate change. Txai Surui, an indigenous leader and activist from the Brazilian Amazon, welcomed the trend of falling Amazon deforestation but criticized Lula's administration for its willingness to potentially develop offshore oil. "How are you doing agreements about deforestation and all these things and yet you want to explore [for oil]?"
Persons: Michael Dantas, Luiz Inácio Lula da Silva, Lula, Jair Bolsonaro's, Guajajara, Bolsonaro, Sonia Guajajara, Txai Surui, Dave Benett, Buda Mendes, Rui Costa, Costa, Lula's, Surui, Brazil's, Brazil Luiz Inácio Lula da Silva, Andressa Anholete, Guillermo Lasso, Tipping, Brazil's Guajajara Organizations: Afp, Getty, CNBC, IBAMA, FUNAI, Indigenous Peoples, Petrobras, Reuters, Amazon, Nature Sustainability, U.N Locations: Manaquiri, Amazonas, London, Indigenous Peoples of Brazil, Annabel's, England, Brazil, Maracana, Rio de Janeiro, Buda, Planalto, Brasilia, Ecuador
Oil prices surging to the brink of $100 per barrel and the specter of higher for longer inflation have renewed concern about stagflation risks, however. Kashkari reaffirmed this message when speaking to CNBC on Wednesday, saying that he was not sure if interest rates have been raised enough to successfully fight price growth. Market participants are worried that surging oil prices could keep inflation higher for longer, amplifying the risk of stagflation. "The price pressure reflects a shortage of supply, after OPEC+ cut production targets, under the leadership of Saudi Arabia and Russia. This must be seen in the context of a moving geopolitical environment, with Saudi Arabia recently joining the BRICS group," they added.
Persons: Mel Lagomasino, CNBC's, Lagomasino, Neel Kashkari, Kashkari, Jerome Powell, Chip Somodevilla, Stagflation, , South Africa — Organizations: WE, CNBC, Federal Reserve, Getty, Brent, . West Texas Intermediate, Organization of, Petroleum, OPEC, Generali Investments, United Locations: Minneapolis, Washington ,, Saudi Arabia, Russia, OPEC, stagflation, Brazil, India, China, South Africa, Argentina, Egypt, Iran, Ethiopia, United Arab Emirates
A growing legal headache for early frontrunner Donald Trump could pave the way for a "dark horse" Republican presidential candidate to win the backing of the party in the race for the White House. That's the view of one former U.S. ambassador ahead of the Republican Party's second televised presidential debate on Wednesday evening. The former president, who skipped the first Republican Party presidential debate in Wisconsin last month, boasts a lead of more than 40 points over his nearest competition, according to a recent national NBC News poll. Trump has said he doesn't plan to take part in the second Republican debate on Wednesday evening and will instead deliver a speech to autoworkers in Detroit. Republican Party donors have encouraged Youngkin to enter the race and challenge Trump's sizable lead in the polls.
Persons: Donald Trump, Ronald Reagan, Trump, Donald Trump's, Lew Lukens, CNBC's, Lukens, Florida Governor Ron DeSantis —, Glenn Youngkin, Youngkin Organizations: Republican, White, Republican Party's, Foundation & Institute, Trump —, NBC News, Signum Global Advisors, Republican Party, Florida Governor, Trump Locations: U.S, Simi Valley , California, Wisconsin, Detroit, Virginia
Armenian police officers walks near refugees as they queue in vehicles near the border town of Kornidzor, arriving from Nagorno-Karabakh, on September 26, 2023. Thousands of ethnic Armenians on Tuesday fled their homes in the breakaway enclave of Nagorno-Karabakh, as Armenia's Prime Minister Nikol Pashinyan publicly blamed Russia for failing to ensure the country's security. The U.S. has called for Azerbaijan to maintain a ceasefire and "take concrete steps" to protect the rights of civilians in Nagorno-Karabakh. The landlocked territory of Nagorno-Karabakh declared independence from Azerbaijan in 1991 and, with the support of Armenia, has fought two wars with Azerbaijan in the space of 30 years. As of Tuesday morning, at least 13,350 people were estimated to have entered Armenia from Nagorno-Karabakh, according to the Armenian government.
Persons: Nikol Pashinyan Organizations: Tuesday, Armenia's Locations: Kornidzor, Nagorno, Karabakh, Russia, Azerbaijan, Caucasus, Europe, Asia, The U.S, Armenia
SEOUL, Sept 26 (Reuters) - South Korea kicked off its first large-scale military parade in a decade on Tuesday, with weapons ranging from ballistic missiles to attack helicopters due to roll through Seoul in a show of force as it takes a tougher stance against North Korea. "If North Korea uses nuclear weapons, its regime will be brought to an end by an overwhelming response from the ROK-U.S. alliance," Yoon said while addressing troops in the rain. South Korea last held a military street parade in 2013. The event will also feature a joint flyover by South Korean and U.S. military aircraft to demonstrate an "upgraded" combined defence posture, the ministry said. Yoon has said that if Russia helped North Korea enhance its weapons programs in return for assistance for its war in Ukraine, it would be "a direct provocation".
Persons: Kim Jong, Yoon Suk Yeol, Yoon, Hyunmoo, Kim Jong Un, Vladimir Putin, Soo, hyang Choi, Hyunsu Yim, Jack Kim, Gerry Doyle Organizations: North, country's Armed Forces, Seoul Air Base, ROK, Defence Ministry, The Armed Forces, SAM, KF, South Korean, Thomson Locations: SEOUL, South Korea, Seoul, North Korea, Pyongyang, Korea, South, Seoul . South Korea, Washington, Tokyo, Seongnam, U.S, Russia, Ukraine
UNITED NATIONS (AP) — Just a few years ago, artificial intelligence got barely a mention at the U.N. General Assembly's convocation of world leaders. Presidents, premiers, monarchs and cabinet ministers convened as governments at various levels are mulling or have already passed AI regulation. And many eyes are on the United Nations as perhaps the only place to tackle the issue at scale. LOTS OF PEOPLE TALKING, BUT PERHAPS A SLOW PROCESSBut if the United Nations has advantages, it also has the challenges of a big-tent, consensus-seeking ethos that often moves slowly. Ideas differ about what a potential global AI body should be: perhaps an expert assessment and fact-establishing panel, akin to the Intergovernmental Panel on Climate Change, or a watchdog like the International Atomic Energy Agency?
Persons: Assembly's, it's, Amandeep Gill, António Guterres, Sam Matekane, Pushpa Kamal Dahal, Thórdís Kolbrún, Joe Biden, Washington, , ” Omar Al, “ What’s, James Manyika, , Ian Bremmer, Gill, ” “ It’s, it’s, There's, OpenAI, Olatunbosun Tijani, , Minister Aisén Etcheverry, ” Etcheverry, Rose, Nakasi Organizations: UNITED NATIONS, diplomacy's, Industry, Outsiders, United Nations, Safety, Israel, Assembly, United Arab Emirates, Tech, Google, Eurasia Group, European Union, International Atomic Energy Agency, . Security, New York Public Library, Chilean, Minister, General, Makerere, General Assembly Locations: Namibia, North Macedonia, Argentina, East Timor, , Spain, New York, Nigeria, who's, India, Ugandan
Australia seeks separate dialogue on China wine dispute
  + stars: | 2023-09-24 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. REUTERS/Florence Lo/File Photo Acquire Licensing RightsSYDNEY, Sept 24 (Reuters) - Australia wants a separate dialogue with China on their dispute over wine, the agriculture minister said on Sunday, rejecting Beijing's proposal to link wine with other trade issues as the two nations slowly seek to improve battered relations. China's removal of tariffs last month on Australian barley has raised hopes for an easing of wine tariffs, in place since 2021, which have hammered the country's wine exports. China on Thursday proposed a "packaged solution" that would tie the wine dispute to those about duties on Australian imports of Chinese railway wheels, wind towers and stainless steel sinks, state news agency Xinhua reported. China was Australia's top wine export market before COVID, peaking at A$1.2 billion ($770 million) for the 12 months to January 2020 when the pandemic hit.
Persons: Florence, Murray Watt, Watt, Sam McKeith, William Mallard Organizations: REUTERS, Rights, Xinhua, Agriculture, Australian Broadcasting Corp, World Trade Organization, COVID, Thomson Locations: Beijing, China, Australia, COVID, Sydney
From February 5, 2023, the European Union will no longer purchase petroleum products such as diesel, gasoline or lubricants from Russia. Russia imposed an indefinite ban on the export of diesel and gasoline to most countries, a move that risks disrupting fuel supplies ahead of winter and threatens to exacerbate global shortages. In a government decree signed by Prime Minister Mikhail Mishustin, the Kremlin said Thursday that it would introduce "temporary" restrictions on diesel exports to stabilize fuel prices on the domestic market. Market participants are concerned about the potential impact of Russia's ban, particularly at a time when global diesel inventories are already at low levels. Oil prices jumped as much as $1 a barrel on the news on Thursday, before settling lower for the session.
Persons: Mikhail Mishustin Organizations: European Union, Soviet, Economic Union, Brent, U.S, West Texas, Energy, Kremlin, Reuters Locations: European, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Moscow, London
The contested mountainous region of Nagorno-Karabakh is internationally recognized as part of Azerbaijan, but it has been under de-facto Armenian control since the early 1990s. It follows an abrupt 24-hour offensive by Azerbaijani forces on Tuesday that swiftly broke through ethnic Armenian lines, seized strategic positions and resulted in the surrender of separatist forces. Armenia, which has typically looked to Russia as a security guarantor, said Azerbaijan's military operation was an attempt to ethnically cleanse Nagorno-Karabakh, a charge Baku has denied. Armenian authorities in Nagorno-Karabakh accused Azerbaijan of violating a cease-fire agreement, with Reuters reporting gunfire could be heard in the region's capital on Thursday. Armenians attend a rally in Yerevan on September 21, 2023, following Azerbaijani military operations against Armenian separatist forces in Nagorno-Karabakh.
Persons: Karen Minasyan, Ilham Aliyev, Nikol Pashinyan, Japaridze, Pashinyan, Karabakh, Kusa, Pashynian's Organizations: Government, Armenian, Afp, Getty, CNBC, Eurasia Group, Kremlin, Collective Security, Organization, NATO, Anadolu Agency, Ukrainian Institute, Russian Embassy Locations: Yerevan, Nagorno, Karabakh, Azerbaijan, Armenia, Caucasus, South Caucasus, Russia, Baku, Moscow, Ukraine, Russian, London
CINCINNATI (AP) — Jorge Polanco capped a three-run ninth inning with a go-ahead single, helping the Minnesota Twins overcome Hunter Greene's 14 strikeouts to beat the Cincinnati Reds 5-3 Wednesday. The Twins (81-72) trimmed their magic number to clinch the AL Central to two games. Greene allowed one run – Castro’s second home run in two days in the seventh – and three hits with one walk over seven innings. Ian Gibaut allowed a run on three hits in the eighth, setting the stage for Minnesota's ninth-inning rally. Political Cartoons View All 1171 ImagesJhoan Duran (3-6) allowed a walk with two strikeouts to get the win.
Persons: — Jorge Polanco, Hunter, Willi Castro, Alexis Díaz, Luke Maile's, Kyle Farmer, Polanco, Sam Moll, Farmer, Christian Vázquez, Griffin Jax, Greene, Ian Gibaut, Jhoan Duran, Christian Encarnacion, Strand, Will Benson, Bailey Ober, INF Carlos Correa, INF Jonathan India, Pablo López, LHP Andrew Abbott, ___ Organizations: CINCINNATI, Minnesota Twins, Cincinnati Reds, AL Central, Minnesota, Reds, Cincinnati, NL, Cubs, Marlins, Chicago, INF, Tuesday, Twins, Angels, Pittsburgh Locations: Miami, Minnesota
Chevron/Handout via REUTERS Acquire Licensing RightsSYDNEY, Sept 17 (Reuters) - Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia. "Another 24hr stoppage has been applied across all 3 facilities with 15% of Downstream members enacting rolling stoppages/bans after midday today," an Offshore Alliance representative, who declined to be named, said. Offshore Alliance on Saturday said it intended to extend industrial action for a further two weeks to mid-October. Prior to this weekend there have been more limited work stoppages at the remote LNG facilities after pay and condition talks between the union alliance and Chevron broke down this month. Chevron has asked Australia's industrial tribunal to intervene in the dispute and cancel the strikes.
Persons: Sam McKeith, William Mallard, Tom Hogue Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Rights, Australia's Offshore Alliance, Offshore Alliance, Workers, . Offshore Alliance, Thomson Locations: Chevron, Barrow Island, Australia, Western Australia, U.S, Sydney
[1/2] A depiction of the Australian Aboriginal Flag is seen on a window sill at the home of indigenous Muruwari elder Rita Wright, a member of the "Stolen Generations", in Sydney, Australia, January 19, 2021. REUTERS/Loren Elliott Acquire Licensing RightsSYDNEY, Sept 17 (Reuters) - Thousands rallied in Australia on Sunday to support recognising the country's Indigenous people in the constitution, a proposal that is struggling ahead of a referendum next month. Indigenous Australians, who account for 3.8% of the population, face disadvantages including discrimination, poor health and education outcomes and high incarceration rates. To change the constitution, the referendum, backed by Prime Minister Anthony Albanese's Labor government, would require a national majority in favour and majorities in at least four of Australia's six states. Most Indigenous people favour the referendum, but some, like prominent No campaigner Warren Mundine, say it is a distraction from achieving practical and positive outcomes and would not fully resolve the issues affecting them.
Persons: Rita Wright, Loren Elliott, Anthony Albanese's, Warren Mundine, we've, Mundine, Sam McKeith, William Mallard Organizations: Australian, REUTERS, Rights, Aboriginal, Torres Strait, Australian Broadcasting Corp, Anthony Albanese's Labor, ABC, Thomson Locations: Sydney, Australia, Brisbane, Sydney , Melbourne, Perth, Hobart, Canberra, Darwin, Newcastle
The full strike comes after workers on Thursday escalated what had been six days of limited action. The company's Gorgon and Wheatstone Australian LNG facilities account for over 5% of global supply. "Chevron’s 3 West Coast facilities are descending into chaos as Offshore Alliance members lock all 3 Chevron facilities down for the next 24-hours," the union said in a Facebook post. An union representative, who declined to be identified, said the strike would run until 8am WST on Sunday (0000 GMT). Unions have said they will vary strikes according to "industrial strategy", targeting LNG exports in particular.
Persons: Sam McKeith, Lewis Jackson, Sandra Maler, Kim Coghill Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Rights, Australia's Offshore Alliance, Offshore Alliance, Wheatstone, Facebook, Analysts, Thomson Locations: Chevron, Barrow Island, Australia, Coast, Sydney
SYDNEY, Sept 16 (Reuters) - Large parts of Australia were in the grips of "uncommon" spring heat on Saturday, the nation's weather forecaster said, forecasting that record temperatures could be set on Sunday. The heat burst came after the forecaster said this week that indicators of an El Nino weather event had strengthened and it would likely develop between September and November, bringing hotter, drier conditions to Australia. The weather bureau said the "early period of heat" in many parts of the country was "very uncommon during September". "Record September daytime and nighttime temperatures are expected from Sunday through Thursday across inland areas of South Australia, New South Wales and northeast Victoria." Another local, Danielle Vangou, was worried about runners in the Sydney marathon, set to take place on Sunday.
Persons: El Nino, Bella Callaghan, Danielle Vangou, Sam McKeith, Cordelia Hsu, Tom Hogue Organizations: New, Kingsford Smith Airport, Meteorology, Facebook, Sydney, Thomson Locations: Australia, Sydney, Australia's, New South Wales, El Nino, South Australia, Victoria, Bondi, Turkey
SYDNEY (Reuters) - Thousands rallied in Australia on Sunday to support recognising the country's Indigenous people in the constitution, a proposal that is struggling ahead of a referendum next month. Indigenous Australians, who account for 3.8% of the population, face disadvantages including discrimination, poor health and education outcomes and high incarceration rates. To change the constitution, the referendum, backed by Prime Minister Anthony Albanese's Labor government, would require a national majority in favour and majorities in at least four of Australia's six states. Most Indigenous people favour the referendum, but some, like prominent No campaigner Warren Mundine, say it is a distraction from achieving practical and positive outcomes and would not fully resolve the issues affecting them. "If we can do just three things - accountability, jobs and education - then we'll resolve most of the problems we've got," Mundine told ABC.
Persons: Anthony Albanese's, Warren Mundine, we've, Mundine, Sam McKeith, William Mallard Organizations: SYDNEY, Aboriginal, Torres Strait, Australian Broadcasting Corp, Anthony Albanese's Labor, ABC Locations: Australia, Brisbane, Sydney , Melbourne, Perth, Hobart, Canberra, Darwin, Newcastle, Sydney
That data indicates that the Federal Reserve is still likely to hold rates steady next week, some investors say. Inflation: US inflation climbed 3.7% in August from the prior year, marking an acceleration for the second consecutive month, according to the latest Consumer Price Index. Excluding the boost from gas station sales, retail spending added 0.2% in August from July. Traders see a roughly 97% chance that the central bank keeps rates unchanged in September, according to the CME FedWatch Tool. The central bank has now raised its main interest rate at 10 consecutive meetings, taking it to the highest level since the launch of the euro currency in 1999.
Persons: , , Sam Millette, Price, Taylor Swift, Bill Adams, Jerome Powell, Liz Young, CNN’s Olesya, Michelle Toh ., Read Organizations: CNN Business, Bell, CNN, Federal Reserve, Commonwealth Financial Network, National Federation of Independent Business, Comerica Bank, Traders, European Central Bank, Central Bank, ECB, Cornell University, Schroders, Fashion, Cornell’s Global Labor Institute Locations: Saudi Arabia, Russia, Jackson Hole , Wyoming, Bangladesh, Pakistan, Vietnam, Cambodia, Schroders
In an aerial view, oil storage tanks are shown at the Enterprise Sealy Station on August 28, 2023 in Sealy, Texas. Oil prices climbed to their highest level of the year this week, extending a rally that has put a return to $100 a barrel sharply into focus. Indeed, some analysts believe crude prices could hit this milestone before year-end. Analysts at Bank of America have indicated they now believe oil prices could soon spike beyond triple digits. "Should OPEC+ maintain the ongoing supply cuts through year-end against Asia's positive demand backdrop, we now believe Brent prices could spike past $100/bbl before 2024," analysts led by Francisco Blanch said Tuesday in a research note.
Persons: Brent, WTI, Francisco Blanch Organizations: Enterprise, Brent, . West Texas Intermediate, Saudi, Bank of America, bbl Locations: Sealy , Texas, London, Saudi Arabia, Russia
Oil producer group OPEC on Thursday sharply criticized the IEA's forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade, describing such a narrative as "extremely risky," "impractical" and "ideologically driven." The IEA, the world's leading energy watchdog, said Tuesday that the world was now at the "beginning of the end" of the fossil fuel era. His assessment is based off of the IEA's World Energy Outlook, an influential report which is due out in October. OPEC, a multinational group of mainly Middle Eastern and African nations, published a statement Thursday to outline its objections to the IEA chief's forecast. OPEC said that previous predictions of peak fossil fuel demand had failed to materialize.
Persons: Biden, Fatih Birol, Birol, Haitham, Ghais Organizations: Trans, Trans Alaska Pipeline System, National Petroleum Reserve, Financial Times, Energy, OPEC, IEA Locations: Trans Alaska, Alaska, Delta Junction
Aerial view of the LNG storage and vaporization vessel "Höegh Esperanza" at the Wilhelmshaven LNG terminal. European gas markets have been constantly fluctuating in recent months, owing to extreme heat, maintenance at gas plants and, most recently, industrial action at major liquefied natural gas (LNG) facilities in Australia. "Gas markets are becoming riskier — gas and LNG prices are increasingly volatile and greatly affected by global factors," Jaller-Makarewicz said. The EU reached its target of filling gas storage facilities to a 90% capacity roughly 2 1/2 months ahead of its Nov. 1 deadline. It means that we've got a pretty good buffer," Malek said, referring to Europe's filling of its gas storage facilities.
Persons: Ana Maria Jaller, seesaw, Makarewicz, Christyan Malek, Malek, CNBC's, we've, Filippo Monteforte Organizations: Getty Images Energy, Workers, LNG, Makarewicz Energy, Institute for Energy Economics, Gas, EU, Gas Infrastructure, International Energy Agency, European Union, Eurasia Group, JPMorgan, Afp, Getty Locations: Wilhelmshaven, Australia, Western Australia, Japan, China, South Korea, Asia, Europe, U.S, skyrocketing, Gas Infrastructure Europe, wean, Ukraine, Eurasia, Tuscany
While the Jets concluded their night with coach Robert Saleh joining a celebratory mob in the end zone, the injury to Rodgers cast a pall over their season. Saleh said after the game that the injury was to Rodgers' Achilles tendon and that the 39-year-old quarterback would have an MRI on Tuesday. A night that began with optimism for the Jets turned disappointing before the game was even four minutes old. Rodgers injured his left ankle when he was sacked by Buffalo’s Leonard Floyd and fell awkwardly on the leg. NFL Network reported Rodgers’ left foot was in a black walking boot as he was carted to the X-ray room.
Persons: — Aaron Rodgers, Achilles, Xavier Gipson, Josh Allen, Jordan Whitehead, Robert Saleh, Rodgers, Saleh, Micheal Clemons, Allen, Quinnen Williams, Greg Zuerlein's, Tyler Bass, Sam Martin, Garrett Wilson, Zach Wilson's, Buffalo’s Leonard Floyd, Rodgers ’, Gregg Rousseau, Terrel Bernard, Floyd, Zach Wilson, ___ Organizations: New York Jets, Buffalo Bills, Jets, Bills, Buffalo, Gipson, NFL Network, Breece, MetLife Locations: RUTHERFORD, N.J
The West has sharply criticized elections taking place in occupied areas of Ukraine over the weekend, with U.S. Secretary of State Antony Blinken describing them as "nothing more than a propaganda exercise." Russian-installed authorities are holding elections in the Ukrainian regions of Donetsk, Luhansk, Kherson and Zaporizhzhia. The Kremlin is thought to be seeking to tighten its grip on the partly controlled territories it illegally annexed a year ago. The Russian embassy in the U.S. has reportedly defended the regional elections in occupied areas of Ukraine and accused Washington of meddling in its internal affairs. A Ukrainian official, meanwhile, slammed Tesla and SpaceX CEO Elon Musk for ordering his Starlink satellite communications network to be turned off near Crimea last year to thwart a Ukrainian attack on Russian warships.
Persons: Antony Blinken, Tesla, Elon Musk Organizations: U.S, SpaceX Locations: Ukraine, Ukrainian, Donetsk, Luhansk, Kherson, Zaporizhzhia, Russian, U.S, Washington, Crimea
Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. European gas prices moved sharply higher on Friday as workers at Australian natural gas facilities went on strike, prompting fears that a prolonged halt to production could squeeze global supplies. "Unfortunately, following numerous meetings and conciliation sessions before the Fair Work Commission, we remain apart on key terms," a spokesperson for Chevron Australia said. Fears of strike action in Australia, one of the world's biggest exporters of LNG, have recently pushed up European gas prices — and analysts expect near-term market volatility to persist. European gas prices rose to around 43 euros last month but had pared gains as the two sides sought an amicable resolution.
Organizations: National Grid, Chevron, Chevron Australia, Offshore Alliance, Union Locations: Isle, Rochester , England, Western Australia, Chevron Australia, Australia
The fight to secure a livable future for everyone on Earth requires much more urgent climate action — and only transformational changes will be enough to get back on track. That was the sobering assessment from the technical dialogue of the United Nations' first-ever "global stocktake," a critically important process which looks at what countries have done to prevent a climate catastrophe. The overarching synthesis report, published Friday, lays the foundation for the upcoming COP28 climate conference in the United Arab Emirates later this year. "There is a rapidly closing window of opportunity to secure a liveable and sustainable future for all." The U.N.'s global stocktake was designed under the Paris Agreement as part of a global effort to accelerate climate action.
Organizations: United Nations, United Arab Locations: Farkadona, Karditsa, Greece, United Arab Emirates, Dubai, Paris, COP28
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