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☆ Nepal's 'fierce' ex-guerrilla chief becomes new prime minister
▼ + stars: | 2022-12-25 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

Prachanda, who replaces Sher Bahadur Deuba of the Nepali Congress party, will step down in 2025, making way for the UML to take over the office, local media reported. Remaining work of distribution of key other posts and ministries is still to be worked out," Dev Gurung, the general secretary of Prachanda's Maoist Centre party told Reuters after a meeting of the new coalition. The new coalition comes to power hours after Prachanda,68, surprisingly walked out of the ruling alliance led by Deuba of the Nepali Congress party. Deuba and Prachanda had both campaigned in the November election pledging to keep the old alliance intact for several years. The Nepali Congress party will be the main opposition controlling 89 seats.

☆ Goldman Sachs says EV batteries are becoming 'critical' and names 2 stock picks
▼ + stars: | 2022-11-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Electric vehicle batteries are gaining "critical importance" as part of the energy transition, according to Goldman Sachs, which named a number of stocks set to benefit as countries diversify their supply chains away from China. China currently accounts for around 60% of global EV battery demand, but this share is set to decline to 30% by 2030, Goldman said in a Nov. 14 report. Significant investment — to the tune of $160 billion for the U.S and EU — is required to develop a fully localized battery supply chain, without China's involvement, Goldman said. In Europe, Goldman likes Freyr Battery , which it says is a major beneficiary of the U.S. Inflation Reduction Act. "We view FREYR as well positioned to succeed in the future, due to their focus on [lithium iron phosphate] batteries that are designed for battery storage," Goldman said.

☆ Time running out for climate deals on final day of COP27
▼ + stars: | 2022-11-18 | by ( Associated Press | ) www.nbcnews.com time to read: +5 min

Global climate talks approached crunch time on Friday, the final scheduled day of negotiations that are expected to go past their deadline as chances of a deal still looked unclear. The document contained few new proposed solutions for curbing oil and gas emissions and repairing damage caused by climate change. The proposal would tie compensation for climate disasters to tougher emissions cuts, two of the thorniest issues at the meeting. In climate negotiations, loss and damage refers to the idea that rich nations, which have historically done the most to contribute to climate change, should compensate developing countries most impacted. Antigua and Barbuda’s environment minister says they have concerns about the EU proposal, while the environmental advocacy group Action Aid called it a “wolf in sheep’s clothing” because it doesn’t go far enough.

☆ A Core Question at COP27: Who Will Pay for Climate Change?
▼ + stars: | 2022-11-06 | by ( Elena Shao | ) www.nytimes.com time to read: +10 min

When world leaders gather in Sharm el Sheikh, Egypt, this week for the annual United Nations climate summit, the debate over who bears financial responsibility for climate change will be center stage. Most Vulnerable, but Least Responsible for Climate Change A vulnerability index developed by the University of Notre Dame measures countries’ exposure, sensitivity and capacity to adapt to the negative effects of climate change. 10 gigatons CO2 Climate change vulnerability index COUNTRY’s Total historical emissions 1 Somalia is highly vulnerable to the impacts of climate change, but has contributed only a tiny fraction of global emissions. Pakistan experienced widespread and deadly flooding this summer that scientists linked to climate change. India 57.1 Gt CO2 0.5 Middle income countries China 249.4 Gt CO2 0.4 Russia 117.5 Gt CO2 Japan 66.7 Gt CO2 Higher income countries United States 421.7 Gt CO2 0.3 United Kingdom 74.9 Gt CO2 Germany 93.1 Gt CO2 Wealthy countries are responsible for half of the world’s emissions since 1850.

☆ Family, supporters demand justice in alleged murder of Indian woman
▼ + stars: | 2022-09-25 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterPolice said they had arrested Pulkit Arya, as well as a resort manager and an assistant manager on suspicion of murder. Reuters could not immediately reach lawyers and family members of Pulkit Arya for comment. Local BJP officials said Vinod Arya was expelled from the party on Saturday after his son's arrest. Reuters could not immediately reach Vinod Arya for comment. Register now for FREE unlimited access to Reuters.com RegisterWriting by Rupam Jain Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ Nepal in fresh political conflict as president declines to sign citizenship law
▼ + stars: | 2022-09-21 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

President of Nepal Bidhya Devi Bhandari speaks during the COP24 UN Climate Change Conference 2018 in Katowice, Poland December 3, 2018. The bill proposed, among other changes, to give citizenship certificates to children whose parents' whereabouts were not known. The deadline for Bhandari, a ceremonial head of state under the 2015 constitution, to approve the amendment to the 16-year-old Nepal Citizenship Act, expired at midnight. Legal experts said the president was required to approve the changes, passed twice by a majority of parliament. Additionally, under the existing citizenship provisions, a foreign woman married to a Nepali men can get a citizenship certificate after she shows proof of her marriage and that she has initiated action to relinquish her foreign citizenship.

☆ Walgreens Names Hsiao Wang as Next CIO
▼ + stars: | 2022-09-09 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +3 min

Walgreens Boots Alliance Inc. said Thursday it would appoint Hsiao Wang as its new chief information officer, as tech leader Francesco Tinto departs. Mr. Wang, most recently CIO of arts-and-crafts seller Michaels Cos., steps into the new role on Sept. 26. Walgreens has named tech veteran Hsiao Wang as its new CIO. Mr. Tinto became Walgreens CIO in September 2019, just months before the Covid-19 pandemic began. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team.

Maia Sandu este cea mai proaspătă președintă aleasăIeri, s-a desfășurat turul II al alegerilor prezidențiale în Republica Moldova, iar potrivit rezultatelor preliminare, Maia Sandu a câștigat alegerile. Iată cine sunt cele 11 doamne care își exercită funcția de președintă a țării, cu excepția Maiei Sandu care deocamdată nu a depus jurământul. Bidhya Devi Bhandari (59 de ani), NepalA fost desemnată președinta țării pe 29 octombrie 2015, iar mandatul ei durează cinci ani și 18 zile. Vjosa Osmani (38 de ani) KosovoA fost desemnată președinta țării pe 5 noiembrie 2020, iar mandatul ei durează 11 zile. Maia Sandu (48 de ani), Republica MoldovaA fost desemnată președinta țării pe 16 noiembrie 2020, dar încă nu a depus jurământul.

Persons: Maia Sandu, Ieri, Bidhya Devi, Kersti, Halimah, Paula, Mae Weekes, Salome, Zuzana, Katerina Sakellaropoulou, Vjosa, Igor Dodon, Maia Sandu . Locations: Republica Moldova, Nepal, Taiwanului, China, Estonia, Singapore, Trinidad și Tobago, Etiopia, Georgia, Slovacia, Grecia, Kosovo, Republicii Moldova

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