Uzbekistan moves toward Islamic banking as Senate backs new law
Uzbekistan is preparing to introduce Islamic banking after the Senate approved legislation creating a legal framework for Sharia-compliant financial s...
Ireland has committed €15 million ($16.3 million) to Brazil's Amazon Fund over the next three years, aiming to support efforts to combat deforestation in the world's largest tropical rainforest.
Ireland has become the latest donor to Brazil's Amazon Fund, contributing €15 million to support rainforest conservation and sustainable development. The pledge, announced on Wednesday, expands the number of donor countries to eight, including Norway, Germany, the United States, the United Kingdom, Denmark, Switzerland, and Japan.
Brazil's Environment Ministry stated that the donation will be disbursed over three years, further strengthening the fund managed by Brazil's development bank. The Amazon Fund has financed 123 projects with a total investment of 3.1 billion reais ($534.6 million) aimed at preventing deforestation, monitoring environmental threats, and fostering sustainable development initiatives.
The announcement was made in Sao Paulo during a meeting between Brazil's Environment Minister Marina Silva and Ireland's Transportation Minister Sean Canney. The Irish government has emphasized the importance of international cooperation in preserving the Amazon, a vital carbon sink for the planet.
The Amazon Fund plays a crucial role in Brazil's strategy to combat illegal logging and promote reforestation efforts. With climate concerns mounting, Ireland's contribution adds momentum to global conservation initiatives focused on protecting biodiversity and mitigating climate change.
Winter weather has brought air travel in the German capital to a complete halt, stranding thousands of passengers as severe icing conditions make runways and aircraft unsafe for operation and force authorities to shut down one of Europe’s key transport hubs.
Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, as a man in Portugal died after his car was swept away by floodwaters and a second body was found in Malaga.
An attacker opened fire at the gates of a Shiite Muslim mosque in Islamabad on Friday before detonating a suicide bomb that killed at least 31 people in the deadliest assault of its kind in the capital in more than a decade.
Ukraine and Russia carried out a rare exchange of 314 prisoners on Thursday as U.S.-brokered talks in Abu Dhabi closed with a pledge to resume negotiations soon, offering one of the clearest signs of diplomatic movement in months.
The United States and Iran are set to hold nuclear talks in Oman on Friday after Tehran requested a change of venue and a strictly bilateral, nuclear-focused format, a move that is fuelling questions about Iran’s negotiating strategy.
Rivers and reservoirs across Spain and Portugal were on the verge of overflowing on Wednesday as a new weather front pounded the Iberian peninsula, compounding damage from last week's Storm Kristin.
Morocco has evacuated more than 100,000 people from four provinces after heavy rainfall triggered flash floods across several northern regions, the Interior Ministry said on Wednesday.
Greenland registered its warmest January on record, sharpening concerns over how fast-rising Arctic temperatures are reshaping core parts of the island’s economy.
Storm Kristin has left central Portugal with severe destruction, major power outages and a reconstruction bill that officials say could reach billions of euros.
Storm Kristin has killed at least five people and left more than 850,000 residents of central and northern Portugal without electricity on Wednesday (28 January), as it toppled trees, damaged homes, and disrupted road and rail traffic before moving inland to Spain.
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