Florida pulls $2 billion from BlackRock in biggest anti-ESG sale

Florida pulls  billion from BlackRock in biggest anti-ESG sale

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department would divest $2 billion of its assets managed by BlackRock Inc ( BLK.N ), in the largest such sale by an environmentally opposed state, social and corporate asset management. governance (ESG) policies. The move will hardly dent BlackRock’s $8 trillion in assets … Read more

China tightens security measures after rare protests against COVID restrictions

China tightens security measures after rare protests against COVID restrictions

Shanghai and Beijing police will increase their presence on the streets No sign of new protests in Beijing, Shanghai on Monday The backlash is an obstacle in the effort to destroy the virus News of the protests roil global markets SHANGHAI/BEIJING, Nov 28 (Reuters) – Police patrolled weekend protest sites in Shanghai and Beijing on … Read more

Canada launches new Indo-Pacific strategy targeting ‘disruptive’ China

Canada launches new Indo-Pacific strategy targeting ‘disruptive’ China

OTTAWA, Nov 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, pledging more resources to tackle a “disruptive” China while working with the world’s second-largest economy on climate change and trade issues. The 26-page document outlined C$2.3 billion ($1.7 billion) in spending, among other things, to bolster Canada’s military presence and cyber security … Read more

Snow-covered Kyiv struggles with power outages amid fears of new attacks

Snow-covered Kyiv struggles with power outages amid fears of new attacks

Ukraine races to repair infrastructure hit by Russia Winter with an approximately 20% energy capacity deficit Party chief says coming week could be ‘really tough’ KYIV, Nov 27 (Reuters) – Snow fell in Kiev and temperatures hovered around freezing on Sunday as millions of people in and around the Ukrainian capital faced power and central … Read more

Ukrainians suffer in the cold and darkness as the president pleads with the UN to punish Russia

Ukrainians suffer in the cold and darkness as the president pleads with the UN to punish Russia

Power outages widen as Russia targets power grid USA: Russia is trying to freeze Ukraine into obedience Crews are working to restore power, water “We are an unbreakable people,” says President Zelensky WASHINGTON/KYIV, Nov 24 (Reuters) – Ukrainian President Volodymyr Zelensky called on the United Nations Security Council to take action against Russia over airstrikes … Read more

Earthquake in Indonesia kills over 160 people, search for survivors continues

Earthquake in Indonesia kills over 160 people, search for survivors continues

CIANJUR, Indonesia, Nov 21 (Reuters) – A powerful earthquake killed more than 160 people in Indonesia’s West Java province on Monday, as rescuers searched for survivors trapped under rubble amid a series of aftershocks. The epicenter of the 5.6-magnitude earthquake was near the city of Cianjur in mountainous West Java, about 75 km southeast of … Read more

COP27 brings climate fund breakthrough at the cost of progress on emissions

COP27 brings climate fund breakthrough at the cost of progress on emissions

The COP27 climate summit ends after a marathon weekend of negotiations The final agreement brings about the creation of a historic climate finance fund Negotiators say some have blocked stricter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s U.N. climate summit on Sunday with a hard-fought agreement to create a … Read more

COP27 is nearing a breakthrough on climate finance in the quest for a final deal

COP27 is nearing a breakthrough on climate finance in the quest for a final deal

The countries are studying the details of the new draft agreement Delegates herald a possible breakthrough in loss and damage The US proposes a “phase-out” of fossil fuels Some nations want firmer goals in long-term activity Sharm EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt were on Saturday close … Read more