Argentina Activity Drops 0.3%
Argentina’s economic activity fell by 0.3% in November 2025 compared with the same month a year earlier, marking the country’s first monthly contr...
Brazil’s government has ruled out subsidising hotel costs for delegates attending the COP30 climate summit in Belém this November, despite growing concerns over soaring accommodation prices.
Officials said the U.N. climate secretariat (UNFCCC) had asked Brazil to provide subsidies of $100 per day for delegates from developing countries and $50 for those from richer nations. Miriam Belchior, executive secretary to the president’s chief of staff, firmly rejected the idea
“The Brazilian government is already bearing significant costs for hosting the COP, so there is no way to subsidise delegations from other countries, including countries that are far richer than Brazil,” Belchior told reporters after a tense meeting with U.N. officials.
Accommodation shortages in the Amazonian city have pushed prices far above normal, with hotels charging two to twenty times higher than the $144 daily allowance for poorer nations’ delegates. Some businesses have converted ferryboats and even love motels into temporary lodging, but supply remains insufficient.
Despite calls to move the summit elsewhere, Belchior said relocating COP30 was “out of the question,” instead urging the U.N. to raise its allowances. The UNFCCC has so far resisted, citing procedural delays.
So far, 39 countries have booked accommodation through the official COP30 platform, while eight others have arranged stays independently.
More than 100 vehicles were involved in a massive pileup on Interstate 96 in western Michigan on Monday (19 January), forcing the highway to shut in both directions amid severe winter weather.
U.S. President Donald Trump said he would impose a 200% tariff on French wines and champagnes after France declined to join his proposed Board of Peace on Gaza initiative.
Syrian government troops tightened their grip across a swathe of northern and eastern territory on Monday after it was abruptly abandoned by Kurdish forces in a dramatic shift that has consolidated President Ahmed al-Sharaa's rule.
Several locally-developed instant messaging applications were reportedly restored in Iran on Tuesday (20 January), partially easing communications restrictions imposed after recent unrest.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
At least four people were killed on Tuesday as floods swept across Tunisia during the worst torrential rain for more than 70 years in some regions, and there were fears the death toll could rise, authorities said.
The world has already entered an era of global water bankruptcy, with irreversible damage to rivers, aquifers, lakes and glaciers pushing billions of people into long-term water insecurity, according to a major United Nations report released on Tuesday.
Chilean President Gabriel Boric declared a state of catastrophe in two southern regions of country on Sunday as raging wildfires forced at least 20,000 people to evacuate and left at least 19 people dead.
A landmark global treaty to safeguard biodiversity in the high seas came into effect on Saturday, providing countries with a legally binding framework to tackle threats and meet a target to protect 30% of the ocean environment by 2030.
The 240-megawatt Khizi-Absheron Wind Power Plant has been inaugurated in Azerbaijan on Thursday (8 Jan) by President Ilham Aliyev, who described the launch as a landmark moment for Azerbaijan's energy sector. It's the first large-scale, independently developed wind energy project in the country.
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