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UK travel disrupted as Storm Bert fallout continues
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Divisions on curbing plastic waste persist as UN treaty talks begin
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Stocks bounce, dollar slides with bond yields on Bessent pick
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In world’s largest refugee camps, Rohingya mobilise to fight in Myanmar
UK workers face some of Europe’s greatest job stress, report says
Date: November 25, 2024
By David Milliken LONDON (Reuters) – British workplaces rank among the worst in Europe for long hours, tight deadlines and limited autonomy, without being any more productive, according to a report prepared as the new Labour government plans tougher rules for employers. Three fifths of the workforce reported tight deadlines and two fifths had to...
Storm Bert disrupts travel and cuts power across UK and Ireland
Date: November 25, 2024
By Muvija M LONDON/DUBLIN (Reuters) -Storm Bert battered Britain with snow, rain and strong winds on Saturday, killing one person and closing several railway lines, bridges and roads. The storm also hit Ireland, flooding roads in the west and cutting power to tens of thousands of customers. A man in his 60s died after a...
Explainer-COP29 – How does $300 billion stack up?
Date: November 25, 2024
By Karin Strohecker and Simon Jessop BAKU (Reuters) – Countries agreed at the U.N.’s COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth: MILITARY MIGHT In 2023, governments around the globe spent $6.7 billion a day on military expenditure, according to the...
Germany pushes 17-billion-euro gas power plan despite election uncertainty
Date: November 22, 2024
By Markus Wacket and Riham Alkousaa BERLIN (Reuters) – Germany’s economy minister pushed ahead on Friday with legislation to provide billions of euros to build gas power plants, according to government sources, but the chances of the plan receiving parliamentary approval were slim. Robert Habeck’s position as head of the economy and energy ministry has...
COP29 climate summit draft proposes rich countries pay $250 billion per year
Date: November 22, 2024
By Valerie Volcovici, Gloria Dickie BAKU (Reuters) -The COP29 climate summit presidency released a draft finance deal on Friday that would have developed nations take the lead in providing $250 billion per year by 2035 to help poorer nations – a proposal that drew criticism from all sides. World governments represented at the summit in...
New German finance minister wants ‘realistic’ debt brake reform, report says
Date: November 22, 2024
BERLIN (Reuters) -New German Finance Minister Joerg Kukies dampened expectations that a reform of the nation’s spending cap, known as the debt brake, could lead to more leeway in the federal budget in an interview with the Handelsblatt newspaper published on Friday. “You have to look at what is realistic and what there could be...