COP27 provides breakthrough in climate fund at the expense of progress on emissions

Climate summit COP27 ends after marathon weekend negotiations Final deal creates historic climate finance fund Negotiators say some have blocked tighter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s UN climate summit on Sunday with a hard-fought agreement to create a fund to help poor countries ravaged by climate disasters, … Read more

Nepalese voted for a new government to revive the economy

KATHMANDU, Nov 20 (Reuters) – Millions of Nepalis went to the polls on Sunday to elect a new government to guide the Himalayan country through a time of economic peril. Many women dressed in saris and men in jeans and baseball caps lined up to vote in the general election, pitting the centrist Nepalese Congress … Read more

New budget from the Italian government to increase spending to fight the energy crisis

First comprehensive budget of Meloni’s new government Most of the money is earmarked to help tackle high energy bills Energy tax windfall, benefit restrictions expected ROME, Nov 20 (Reuters) – Italy’s new right-wing government plans to announce some €30 billion in new spending on Monday in a budget for next year, aimed primarily at mitigating … Read more

Ukraine Nuclear Power Plant Shot, UN Warns: ‘You’re Playing With Fire!’

According to the IAEA, the factory in Ukraine has been rocked by 12 explosions Plant is controlled by Russian troops Moscow and Kiev accuse each other of shelling “You’re playing with fire!” – IAEA Chief LONDON, Nov 20 (Reuters) – Ukraine’s Zaporizhzhia nuclear power plant, which is under Russian control, was rocked by shelling on … Read more

New gene classifier can predict the risk of cancer cells returning or progressing

A team of researchers who have mapped a molecular atlas for ductal carcinoma in situ (DCIS) has taken an important step toward discerning whether the early breast pre-cancers will progress to invasive cancers or remain stable . By analyzing samples from patients who had surgery to remove parts of DCIS, the team identified 812 genes … Read more

Michael Bloomberg apologizes for Boris Johnson’s speech criticizing China

BEIJING, Nov 20 (Reuters) – Michael Bloomberg last week apologized at a business forum organized by the news agency he founded for comments by British former Prime Minister Boris Johnson who criticized China as autocratic. The controversy highlights China’s influence in Asia and sensitivities about public criticism of Beijing. Bloomberg, a former mayor of New … Read more

North Korea’s Kim oversees ICBM test and vows more nuclear weapons

SEOUL, Nov 19 (Reuters) – North Korean leader Kim Jong-un vowed to fight US nuclear threats with nuclear weapons as he inspected a test of the country’s new intercontinental ballistic missile (ICBM), state media KCNA said on Saturday. The isolated country tested the Hwasong-17 ICBM on Friday a day after it warned of “steeped military … Read more

NY Fed: Bank liquidity may be tighter than thought, with policy implications

Nov 18 (Reuters) – The way the banking system manages its cash suggests the financial system may not be as good as many now understand, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper says of the The Federal Reserve Bank of New York said … Read more

Scientists investigate isolation of bat sarbecovirus in Japan

In a recent study published in Emerging infectious diseasesresearchers conducted bat sarbecovirus isolation experiments using Horned Rhinolophus bats from different regions in Japan that were phylogenetically situated in the same cluster of viruses associated with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). Study: Isolation of Bat Sarbecoviruses, Japan. Image Credit: Independent Birds/Shutterstock Highly pathogenic human … Read more

Wall Street opened higher, but the US recession was priced in

US yield curve most inverted since 1981 MSCI world stock up 0.33%, eye drops weekly FTSE 100 hits two-month high Brent crude hits 4-week low LONDON, Nov 18 (Reuters) – US stock index futures rose on Friday, pointing to a higher open on Wall Street as investors process US Federal Reserve officials’ warnings about US … Read more