DUBAI (Reuters) – Abu Dhabi Future Energy Company, known as Masdar, is planning to develop a 150 megawatt solar power project in Angola to provide renewable energy to 90,000 homes and support economic growth, including jobs, the UAE state news agency WAM said on Saturday. The announcement was made during the COP28 climate summit hosted …
UAE’s Masdar to develop 150 MW solar project in Angola-statement Read More »
DUBAI (Reuters) – Cities are receiving only a fraction of the climate finance they need, especially in low-income countries, according to a study published on Saturday on the sidelines of the COP28 climate talks. The Cities Climate Finance Leadership Alliance (CCFLA) said cities are on the front line of climate hazards and responsible for three …
Cities face huge climate finance gap, study says Read More »
ADDIS ABABA (Reuters) – The government of Ethiopia’s largest region, Oromiya, on Saturday accused the Oromo Liberation Army (OLA) rebel group of killing “many civilians” in attacks that followed the failure of peace talks in Tanzania. At least 36 people were killed when unidentified attackers struck three villages in Oromiya’s Shirka district on Nov. 24 …
Ethiopia’s Oromiya region accuses OLA rebels of killing ‘many’ people Read More »
By Nicole Jao NEW YORK (Reuters) -Oil prices slumped more than 2% on Friday on investor skepticism about the depth of OPEC+ supply cuts and concern about sluggish global manufacturing activity. Brent crude futures for February settled down $1.98, or 2.45%, at $78.88 a barrel. U.S. West Texas Intermediate crude futures (WTI) dropped $1.89, or …
Oil prices fall more than 2% as investors skeptical of OPEC+ cuts Read More »
ANTANANARIVO (Reuters) -Madagascar’s incumbent resident, Andry Rajoelina, was declared the winner on Friday of the Nov. 16 election by the country’s High Constitutional Court, which handed him a third term after dismissing various challenges to provisional results. “Andry Rajoelina is elected as the president of the republic of Madagascar and is taking his functions as …
Madagascar leader wins presidential vote, constitutional court says Read More »
By Michelle Nichols UNITED NATIONS (Reuters) – A United Nations political mission in war-torn Sudan will end on Sunday after the U.N. Security Council voted on Friday to shut it down following a request from the country’s acting foreign minister last month. A war erupted on April 15 between the Sudanese army and paramilitary Rapid …
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -MSCI’s global stock index rose on Friday and marked its fifth straight weekly gain while U.S. Treasury yields and the dollar fell on the day as investors were encouraged by Federal Reserve Chair Jerome Powell’s vow to move “carefully” on interest rates. Treasury yields fell after …
Shares climb, dollar falls with Fed comments inspiring dovish bets Read More »
By Michelle Nichols UNITED NATIONS (Reuters) -The United Nations Security Council unanimously voted on Friday to remove the final restrictions on weapons deliveries to Somalia’s government and its security forces, more than 30 years after an arms embargo was first imposed on the country. The council put the embargo on Somalia in 1992 to cut …
UN Security Council lifts arms embargo on Somalia government Read More »
By Alberto Dabo and Samba Balde BISSAU (Reuters) -Two people died and several were injured overnight in Guinea Bissau in clashes between two army factions that broke out in the capital after national guard soldiers freed an opposition minister, the army said on national radio on Friday. Fighting began overnight and continued into Friday morning …
Two killed in Guinea Bissau clashes between army factions Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell on Friday, after two days of gains, as Federal Reserve Chair Jerome Powell struck a cautious tone on further interest rate moves, saying that the risk of under- or over-tightening is now more balanced. The market viewed his comments as dovish, with investors pricing in expectations …
US dollar falls on dovish remarks by Fed’s Powell Read More »
