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Apple to invest another $200 million in carbon removal fund
  + stars: | 2023-04-11 | by ( ) www.reuters.com   time to read: +1 min
April 11 (Reuters) - Apple Inc (AAPL.O) said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 mln in its Restore Fund, which was created in 2021 with an initial $200 million commitment. The additional investment is expected to help the fund start new projects and carry forward its previously stated goal to remove about 1 million metric tons of carbon dioxide per year, the company said. Apple is making efforts to become carbon neutral through its entire supply chain and the life cycle of every product by 2030. The expanded fund will be managed by Climate Asset Management, a joint venture of HSBC Asset Management and Pollination, Apple added.
The Chinese Embassy in Washington called self-ruled Taiwan "an inalienable part of China" and said the one-China principle was an "overwhelming trend" internationally. When Taiwan temporarily averted a split with Honduras after President Xiomara Castro took office in January 2022, U.S. State Department officials remained wary. The Biden administration is also keeping a close eye on tiny Belize for any cracks in its Taiwan relationship. Two U.S. officials said Washington was putting less stock in Taiwan maintaining its diplomatic allies in favor of efforts to increase its participation in international organizations. While denied a seat in the United Nations, Taiwan is a member of the WTO and the Asia-Pacific Economic Cooperation forum.
Factbox: Diplomatic competition between Taiwan and China
  + stars: | 2023-04-05 | by ( ) www.reuters.com   time to read: +3 min
April 5 (Reuters) - Taiwan and China have engaged for years in competition for diplomatic recognition, but the pendulum has long swung decisively in Beijing's favour. Honduras last month ended its decades-long relationship with Taiwan and said it only recognised China, leaving Taiwan with formal diplomatic relations with just 13 countries. Here are some facts about the diplomatic feud between Taiwan and China:* Following the communist revolution in China in 1949, the defeated Republic of China government fled to Taiwan, insisting that it remained the sole legal representative of the Chinese people. China says Taiwan is merely one of its provinces and only Beijing can represent the island on the world stage. * Some countries have swapped between Taiwan and China more than once, including Liberia and the Central African Republic.
ASUNCION, March 28 (Reuters) - Paraguay's ruling Colorado Party - a conservative political machine that has dominated government in Asuncion for some eight decades - could be facing a major challenge at the ballot box next month. Many voters say they feel it is time for something new. Pena may also be impacted by a U.S.-led graft probe into Horacio Cartes, a former Colorado president who led the country from 2013 to 2018. However, the Colorado party retains a powerful election campaign machine and supporter base that goes back generations. Adelina Caceres, director of a public school in the town of Guarambare, on the outskirts of the capital, said she supported the Colorado party mainly because "her grandfather had been Colorado," and despite being often frustrated by them.
Honduras forms diplomatic ties with China after Taiwan break
  + stars: | 2023-03-26 | by ( ) www.cnbc.com   time to read: +5 min
The national flags of Honduras and Taiwan are seen at the Republic of China Square in Tegucigalpa on March 15, 2023. Honduras formed diplomatic ties with China on Sunday after breaking off relations with Taiwan, which is increasingly isolated and now recognized by only 13 sovereign states, including Vatican City. Relations between Taiwan and Honduras were once stable, he said, but China had not stopped luring Honduras. "The Castro government dismissed our nation's longstanding assistance and relations and carried out talks to form diplomatic ties with China. The U.S. doesn't have diplomatic relations with Taiwan but has maintained that Taipei is an important partner in the Indo-Pacific.
Factbox: And then there were 13: Taiwan's diplomatic allies
  + stars: | 2023-03-26 | by ( ) www.reuters.com   time to read: 1 min
March 26 (Reuters) - Honduras has ended its decades-long relationship with Taiwan and said it only recognised China, leaving Taiwan with formal diplomatic relations with only 13 countries. China views democratically governed Taiwan as part of its territory with no right to state-to-state ties, a position Taiwan's government strongly disputes. Over the years, China has slowly whittled away at the number of countries that maintain formal diplomatic ties with Taiwan. Following is a list of states that have diplomatic ties with Taiwan:LATIN AMERICA AND CARIBBEANBelizeGuatemalaParaguayHaitiSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesPACIFICMarshall IslandsNauruPalauTuvaluAFRICAEswatiniEUROPEVatican CityReporting by Ben Blanchard; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Honduran official: US 'respects' decision on China relations
  + stars: | 2023-03-21 | by ( ) www.reuters.com   time to read: +1 min
TEGUCIGALPA, March 20 (Reuters) - The U.S. government said it "respects" Honduras' decision to move towards establishing formal diplomatic ties with China, the Honduran Foreign Minister Enrique Reina said on Monday after a meeting with U.S. officials. Reina said Honduras' President Xiomara Castro made "general comments" on the decision during the meeting attended by different officials such as U.S. Special Presidential Adviser for the Americas Chris Dodd. Castro announced last week the country would seek diplomatic ties with Beijing, a move that risks further reducing Taiwan's pool of allies as China does not allow countries with which it has diplomatic relations to maintain official ties with Taiwan. China claims Taiwan as its own territory with no right to state-to-state ties, a position Taiwan strongly disputes. Since 2016, when Tsai Ing-wen was elected Taiwan's president, Panama, El Salvador and most recently, Nicaragua, have opted to establish relations with China.
[1/3] The flags of Taiwan and Honduras flutter in the wind outside the Taiwan Embassy in Tegucigalpa, Honduras March 15, 2023. On Tuesday, Honduran President Xiomara Castro announced the government would seek diplomatic ties with Beijing, which would come at the expense of Taiwan, which China claims as its own territory. "Over the years we have worked together with our diplomatic allies to support their national development plans in elevating the welfare of their people," he added. If Honduras ditched Taiwan, it would leave the island with only 13 diplomatic allies, mostly small and developing nations in Latin America, the Caribbean and Pacific. China says Taiwan is one of its provinces with no right to state-to-state ties, a view the democratically elected government in Taipei strongly rejects.
Honduras ditching Taiwan raises larger geopolitical concerns
  + stars: | 2023-03-16 | by ( ) www.cnbc.com   time to read: +3 min
The national flags of Honduras and Taiwan are seen at the Republic of China Square in Tegucigalpa on March 15, 2023. Stringer | AFP | Getty ImagesHonduras' decision to cut diplomatic ties with Taiwan in favor of China is yet another sign of growing Chinese influence in Latin America. But some of the few remaining in Latin America, like Paraguay and Guatemala, promised Wednesday to keep their support for Taiwan. "It is a complex decision, we understand, but Honduras' foreign policy should seek to benefit the people. In that sense, Tuesday's announcement also exemplifies the American government is "losing its grasp on" Latin America, said David Castrillon-Kerrigan, research-professor on China-related issues at Colombia's Externado University.
Factbox: Taiwan's diplomatic allies
  + stars: | 2023-03-15 | by ( ) www.reuters.com   time to read: +1 min
March 15 (Reuters) - Taiwan faces losing another diplomatic ally after Honduran President Xiomara Castro said on Tuesday she had instructed the country's foreign minister to bring about the opening of official relations with China. China views democratically governed Taiwan as part of its territory with no right to state-to-state ties, a position Taiwan's government strongly disputes. Over the years, China has slowly whittled away at the number of countries which maintain formal diplomatic ties with Taiwan. If Honduras does end relations with Taiwan, it will leave the island with only 13 diplomatic allies. Here is a list of the states that still maintain diplomatic ties with Taiwan:LATIN AMERICA AND CARIBBEANBelizeGuatemalaHondurasParaguayHaitiSaint Kitts and NevisSaint LuciaSaint Vincent and the GrenadinesPACIFICMarshall IslandsNauruPalauTuvaluAFRICAEswatiniEUROPEVatican CityWriting by Ben Blanchard; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
‘Wanderlust’ Review: A Giant of Polar Adventure
  + stars: | 2023-03-10 | by ( Dominic Green | ) www.wsj.com   time to read: +1 min
The age of European exploration was also the age of empires. When wild-bearded white men committed bold acts of derring-do on the margins of the map, they smoothed the path for the machinery of commerce and government. Reid Mitenbuler’s “Wanderlust” is a detailed, digressive and frequently fascinating biography of the Danish polymath Peter Freuchen (1886-1957), a man who explored Earth’s second-last and second-coldest frontier, the Arctic. In 1906, Freuchen, a 20-year-old medical student at the University of Copenhagen, enlisted in an expedition to Greenland as a ship’s stoker. Freuchen’s mother, Frederikke, the daughter of the Paraguayan renegade, approved of her son’s endeavor and wrote that he was “doing the right thing” by following his “restlessness and spirit of adventure.”
The agency slashed Argentina’s 2022-23 soybean crop to 33 million tonnes from 41 million last month, well below the average trade guess of 36.65 million. USDA's Argentina soybean productionUSDA chopped Argentina’s corn harvest to 40 million tonnes from 47 million last month, below the trade guess of 43.4 million. As of now, USDA’s Argentina soy crop estimate is 35% below the agency’s original peg of 51 million tonnes. USDA’s Argentina corn number is down 27% from its initial forecast, compared with initial-final losses of 34% in 2009 and 20% in 2018. In the past five marketing years, global corn SU averaged 23.9% and soybean SU 19.9%.
"The industry has incredible potential," said Gabriel Gimenez, director of the ARICCAME cannabis agency created in January this year, last week. Argentina is looking to build its domestic medical cannabis market and generate foreign currency through exports. In Santa Fe province, the medical cannabis research and development center (CIDCam), which has over 200 cannabis plants of various varieties, is expecting a second harvest this month. Pablo Fazio, president of the Argentine Chamber of Cannabis (ARGENCANN) and Pampa Hemp's co-founder, said demand could ignite a new domestic industry for products made from the raw material. The chamber comprises some 200 private firms either directly or indirectly linked to the industrial hemp and medical cannabis business.
[1/2] The logo of broadcaster Televisa is seen outside its headquarters in Mexico City, Mexico, December 14, 2022. REUTERS/Raquel Cunha/File PhotoNEW YORK, March 1 (Reuters) - Grupo Televisa SAB (TLEVISACPO.MX) has reached a $95 million settlement to resolve a U.S. investor lawsuit accusing the Mexican broadcaster of bribing FIFA soccer officials to win rights to four World Cup tournaments. Investors said they suffered losses as the bribery became known during corruption trials in Brooklyn, New York, causing the ADR price to fall. Its law firm Boies, Schiller & Flexner may seek up to $28.5 million of the settlement in fees and $3.5 million for expenses. The case is In re Grupo Televisa Securities Litigation, U.S. District Court, Southern District of New York, No.
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[1/5] Women waste pickers from the city of La Paz pose near the musicians of the Paraguayan Cateura Recycled Instruments Orchestra, at the Sak'a Churu landfill in Alpacoma, in La Paz, Bolivia February 27, 2023. But the garbage was the point, as the young musicians who make up Paraguay's Cateura orchestra use recycled materials to make their own instruments, "transforming trash into music," according to Fabio Chavez, one of the performers. "It's very beautiful and I was really surprised with these recycled instruments," said worker Silveria Vega. The concert played out as local officials in La Paz aim to minimize the environmental impact of garbage dumps, especially the risk they can pose to ground water supplies. Bolivia's capital produces some 670 tonnes of trash every day, according to official data.
After Russia invaded Ukraine, the West formed what looked like an overwhelming global coalition: 141 countries supported a United Nations measure demanding that Russia unconditionally withdraw. South Korea Indonesia Israel Thailand Japan Saudi Arabia Philippines Afghanistan CambodiaBy contrast, Russia seemed isolated. Eritrea “Russian actions are being distorted” North Korea Russia Belarus Syria Eritrea “Russian actions are being distorted” North Korea Russia Belarus SyriaBut the West never won over as much of the world as it initially seemed. But like many other African countries, South Africa appears careful to balance its growing ties with Russia against maintaining a relationship with the West. Others that provided Ukraine with military support have declined to impose economic sanctions on Russia.
Feb 21 (Reuters) - Bird flu has killed tens of thousands of birds, mostly pelicans, and at least 716 sea lions in protected areas across Peru, the authorities said, as the H5N1 strain spreads throughout the region. Peru recorded its first case of the virus in November in birds in the north of the country. "We have also recorded since mid-January the unusual death of many sea lions, so far we have about 716 dead sea lions in seven protected natural areas of the coast," said Roberto Gutierrez, head of surveillance of the National Service of Natural Protected Areas. REUTERS/Sebastian Castaneda 1 2 3 4 5In South America, bird flu cases have been detected in Ecuador, Bolivia, Chile, Paraguay and recently in Argentina and Uruguay. In recent weeks, crews from Peru's National Forestry and Wildlife Service, in protective plastic suits, gloves and masks, have collected and buried hundreds of sea lions from several beaches along Peru's central coast.
[1/12] Visitors gather near marijuana plants as farmers host a harvest festival to showcase farms that have been converted to produce medicinal cannabis, in Aguerito, Paraguay February 19, 2023. REUTERS/Cesar OlmedoAGUERITO, Paraguay, Feb 21 (Reuters) - A marijuana harvest festival in a region of Paraguay usually known for drug trafficking has sparked hopes from local farmers that legalization could follow that will allow them to grow the plant for medicinal use. They hope the festival will catch the eye of lawmakers, encouraging them to back new legislation to help small farms. Paraguay is already a major global producer of illegally-sold cannabis, exporting largely to neighboring Brazil and other South American countries. Just a handful of labs import cannabis into Paraguay for legal medicinal use, but sell it at exorbitant prices, said Jorge Rolon, the farmers' legal adviser.
Paraguay president seeks to calm China jitters on Taiwan trip
  + stars: | 2023-02-18 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Taiwan President Tsai Ing-wen and visiting Paraguay President Mario Abdo Benitez attend a welcome ceremony in front of the Presidential building in Taipei, Taiwan, February 16, 2023. Paraguay is one of only 14 countries to have formal diplomatic relations with Chinese-claimed Taiwan, and Beijing has been stepping up efforts to get those remaining allies to abandon Taipei. "Nobody is going to dare to go ahead with a process of diplomatic rupture with the Republic of China, Taiwan," he said, referring to Taiwan's official name. Santiago Pena, the ruling Colorado Party candidate, has said Paraguay's relations with Taiwan would remain intact if he wins on April 30. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.
Three spots up for grabs in Women's World Cup playoffs
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: +2 min
Feb 16 (Reuters) - Portugal and Chile start with a slight advantage as 10 teams battle it out for the remaining three berths at this year's Women's World Cup in the final qualifying playoffs over the next week in New Zealand. "We know that Cameroon and Thailand have both been to the last two Women's World Cups and that it won't be easy," she told FIFA.com. Portugal simply have to be at the World Cup." The winners will meet in Hamilton next Thursday in a game that will decide the final qualifier for the ninth Women's World Cup. New Zealand are using the tournament as a test event for their co-hosting of the first World Cup in the southern hemisphere, which starts on July 20.
[1/5] Taiwan President Tsai Ing-wen and visiting Paraguay President Mario Abdo Benitez arrive at the welcome ceremony in front of the Presidential building in Taipei, Taiwan, February 16, 2023. Speaking at a welcome ceremony in Taipei attended by Taiwan President Tsai Ing-wen, Abdo said the Taiwanese people deserve the highest admiration, respect, and affection from his country. Tsai, recalling her two trips to Paraguay as president, said the two sides continued to deepen their friendship. Paraguay's Taiwan ties have been under pressure in recent years, especially from the country's beef producers and farmers, who see the relationship as an obstacle to gaining access to the world's largest market for their products. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.
Paraguay is one of only 14 countries to have formal diplomatic relations with Chinese-claimed Taiwan, and Beijing has been stepping up efforts to get those remaining allies to abandon Taipei. Paraguay would cut diplomatic ties with Taiwan and open relations with China if the opposition wins the election, its presidential candidate Efrain Alegre has said, hoping to boost economically important soy and beef exports. "Taiwan and Paraguay have had diplomatic relations for more than 65 years and a deep friendship," the ministry added. Santiago Pena, the ruling Colorado Party candidate, has said Paraguay's relations with Taiwan would remain intact if he wins on April 30. China views Taiwan as one of its provinces, with no right to state-to-state ties, a position Taipei hotly disputes.
(It's sometimes called solar radiation modification or solar geoengineering.) But it's potentially important, it could be very, very helpful, it could be disastrous," Stone told CNBC. And so it goes for solar geoengineering," Stone said. Everyone perceives it to be controversial," Camilloni told CNBC. "This is no one's Plan A for how you deal with climate risk, and whatever happens, we have to cut our emissions," Stone told CNBC.
[1/5] Trees can be seen after a wildfire burned areas in Santa Juana, near Concepcion, Chile, February 5, 2023. REUTERS/Juan GonzalezSANTIAGO, Feb 6 (Reuters) - Chilean firefighters were battling to hold back forest fires on Monday as authorities said hot and dry weather would continue this week, potentially exacerbating what are already the deadliest blazes in the country's recent history. The state National Forestry Corporation reported that as of Monday morning there were 275 active fires, of which 69 were currently in combat. The heat wave and strong winds have caused a rapid spread of the flames during the Southern Hemisphere summer season. Reuters GraphicsReporting by Fabian Andres Cambero; Editing by Caitlin WebberOur Standards: The Thomson Reuters Trust Principles.
London CNN —The two biggest economies in South America are starting talks to create a common currency. At a press conference in Buenos Aires, he said establishing a common currency for trade would reduce reliance on the US dollar, whose sharp ascent last year was painful for countries around the world. Talk of creating a common currency has periodically cropped up since its founding in 1991. Still, investors are doubtful efforts to create a common currency in the region will gain much traction. “Brazil and Argentina are a long way away from the convergence in economic policy and performance required to launch [a] monetary union,” he said.
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