International

Monday, November 7th 2022 - 07:50 UTC
Compensation to poorer countries added to COP27 agenda

Dignitaries at the Egyptian port of Sharm El-Sheikh Sunday concurred on the opening day of the UN Conference of the Parties (COP27) Climate Summit on the need to discuss compensation by the world's wealthier nations for damages stemming from practices that were detrimental to the environment and have thus prompted the current climate change crisis.
Saturday, November 5th 2022 - 11:03 UTC
Chagos: Mauritius and UK agree military base on Diego García will remain, says Foreign Secretary

The UK and Mauritius have agreed to hold talks on the future of the disputed British Indian Ocean Overseas Territory/Chagos Islands, and Foreign Secretary James Cleverly said the countries agreed that the UK-US military base on Diego Garcia will continue to operate whatever the results of the talks.
Saturday, November 5th 2022 - 10:48 UTC
BAS has launched its Antarctic field season with an ambitious range of projects

The British Antarctic Survey, BAS, Antarctic field season has begun, with a challenging and ambitious range of projects to be delivered at five BAS research stations and across the wider continent. Over 500 people are working in Antarctica this season on BAS research stations, on RRS Sir David Attenborough, in the field and in collaboration with other Antarctic operators.
Saturday, November 5th 2022 - 10:37 UTC
Mercosur meatpackers concerned over weaker demand from the Chinese market

Brazilian meatpackers, large and small, have seen a drop in exports during October, which have been considerably slower than during the month of September. Shipments dropped some 43,000 tons, particularly to China, which has caused certain unrest, because the Asian giant has long become Brazil's (and Mercosur) main export market.
Saturday, November 5th 2022 - 10:25 UTC
Strong lobbying to boost defense spending from Secretary Wallace and Speaker of the House

UK Defense Secretary Ben Wallace will urge Jeremy Hunt to boost defense spending during a crunch meeting with the Chancellor. Speaking to Forces News, Ben Wallace says he will “make sure that, in this difficult economic time, defense gets its fair share” at their meeting on Thursday.
Saturday, November 5th 2022 - 10:20 UTC
Despite “exceptional” profits, Maersk warns of “dark clouds in the horizon”

Maersk, one of the world’s largest container shipping firms, on Wednesday posted a record profit for the third quarter on the back of high ocean freight rates but also cautioned about a slowdown in demand.
Saturday, November 5th 2022 - 10:11 UTC
Half of Twitter workers to lose their jobs under Musk

Twitter workers found out Friday that their jobs were on the line as they were told not to go to the office and stay at home because all access cards had been suspended.
Saturday, November 5th 2022 - 10:08 UTC
“Ukraine's grain corridor” in the Black Sea sponsored by UN and Turkey resumes operations

Russia has finally agreed to resume the agreement allowing safe passage of Ukrainian crop exports, abruptly reversing course after Turkey and the United Nations pushed ahead with the shipments over Moscow’s objections.
Saturday, November 5th 2022 - 09:48 UTC
Ex BoE governor blames much of UK's economic challenges on Brexit

Former Bank of England governor, Mark Carney said that the fall in the pound and shrinking economy after the UK left the European Union, Brexit, had added to “inflationary pressure”.
Friday, November 4th 2022 - 19:58 UTC
Paraguayan President brokers EU-Mercosur deal in Madrid

Paraguay's President Mario Abdo Benítez and Spain's Prime Minister Pedro Sánchez discussed bilateral issues in Madrid, particularly the ratification of the Mercosur-European Union trade agreement.