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see moreCOP29 Climate Talks Pressed to Secure $1 Trillion Annually for Vulnerable Nations
The United Nations COP29 climate change conference in Baku seeks $1 trillion annually to help vulnerable nations tackle climate change, as political tensions and Argentina’s withdrawal overshadow talks.
Musk’s political rise sparks of debt recovery hopes for X
Wall Street banks are hopeful they can soon sell off $13 billion of debt tied to Elon Musk's social media platform X. They now believe that Musk's close relationship with President-Elect Donald Trump could improve X's prospects, allowing them to sell the debt without large losses.
China and Japan leaders Hold First Meeting to Address Key Regional Issues
Chinese President Xi Jinping and Japanese Prime Minister Shigeru Ishiba met at the APEC Summit in Peru, with China urging Japan to address issues such as Taiwan. Ishiba sought for better safeguards for Japanese nationals and the lifting of China’s seafood import ban.
Biden Holds Strategic Talks with South Korea, Japan Ahead of Potential Trump Policy Shifts
U.S. PresidentJoe Biden met with South Korean President Yoon Suk Yeol and Japanese Prime Minister Shigeru Ishiba on Friday at the APEC Summit in Peru. The leaders sought to solidify diplomatic progress amid rising tensions in Asia and potential shifts in alliances under a Trump administration.
Alain Berset: "We need to have a future on this planet."
With another week to go before COP29 in Baku, Azerbaijan comes to end on Friday, Alain Berset, Secretary General of the Council of Europe, emphasized the importance of collective action to address the risks of climate change and protection from negative developments.
China-Europe Freight Train Service - Boosting Global Trade and Connectivity
More than 100,000 trains have completed their journeys on the China-Europe freight train service since it began in 2011. This service is part of China's Belt and Road Initiative (BRI) and connects more than 200 cities across 25 European countries.
Fire kills at least 10 people in Spanish retirement home
A fire broke out early Friday at the Jardines de Villafranca care home in Villafranca de Ebro, killing at least 10 elderly residents. The blaze was contained to one room, but smoke inhalation caused the fatalities. Authorities are investigating the cause.
Oil heads for weekly loss as Chinese demand continues to underperform
Oil prices fell on Friday on signs demand in China, the world's biggest crude importer, continues to underperform amid its uneven economic recovery.
COP29 climate talks urged to find $1 trillion a year for poorer countries
Amid tense political disputes, COP29 in Baku grapples with raising $1 trillion in climate finance to support vulnerable nations. Argentina's delegation withdrawal and friction between developed and developing countries add pressure to reach a consensus on funding goals.
Qatar cuts Jan al-Shaheen oil term price, sources say
QatarEnergy sharply cut the term price for al-Shaheen crude oil loading in January, trade sources said on Friday, in line with a recent fall in Middle East spot premiums.
BRICS Offered Türkiye Partner Country Status, Turkish Trade Minister Says
Türkiye has been offered partner country status by the BRICS group, Trade Minister Omer Bolat confirmed, as Ankara seeks to balance its Eastern and Western ties. While considering potential BRICS membership, Türkiye views the partnership as an opportunity for enhanced economic cooperation.
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