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Explainer-The global fight over climate change funding Jun 13, 2024 01:43AM

By Kate Abnett

BONN (Reuters) - Nearly 200 countries will try to agree a new global goal for funding to fight climate change at this year's U.N. COP29 climate summit in November in Baku, Azerbaijan.

Preparatory talks among countries' climate negotiators, due to finish on Thursday in Bonn, Germany, have laid bare the rifts between governments over who should pay, and how much.

Here's where things stand.

WHAT IS... (continue reading...)


Hamas proposed amendments to Gaza ceasefire plan 'not significant', senior leader tells Reuters Jun 13, 2024 01:22AM

DOHA (Reuters) -The changes that Hamas have requested to a ceasefire proposal presented by the United States are "not significant" and include the complete withdrawal of Israeli troops from the Gaza Strip, a senior leader in the group told Reuters on Thursday.

U.S. Secretary of State Antony Blinken said on Wednesday that Hamas had proposed numerous changes, some unworkable, to the U.S.-backed proposal, but that mediators were determined to close the gaps.

... (continue reading...)
Analysis-Fed meeting, benign inflation keep soft landing hopes alive Jun 13, 2024 01:04AM

By David Randall and Lewis Krauskopf

NEW YORK (Reuters) - Soft landing hopes that have powered U.S. stocks this year received a boost following encouraging inflation data and a nod from the Federal Reserve at progress made in fighting consumer prices.

Expectations for a so-called soft landing, in which the Fed is able to tame inflation and eventually cut interest rates while growth remains resilient, have been a key factor in the S&P... (continue reading...)


Alphabet hit with Austrian privacy complaint over alleged browser tracking Jun 13, 2024 01:02AM

By Foo Yun Chee

BRUSSELS (Reuters) - Alphabet's Google was hit with a complaint by Austrian advocacy group NOYB on Thursday for allegedly tracking users of its Chrome Web browser, an issue already on EU antitrust regulators' radar.

The U.S. tech giant is phasing out the use of third-party cookies that advertisers use to track consumers in order to protect consumer privacy.

It has introduced a set of tools called the Privacy... (continue reading...)


Analysis-Climate change funding talks stuck ahead of COP29 summit Jun 13, 2024 01:02AM

By Kate Abnett

BONN (Reuters) - With just five months to go before this year's U.N. climate summit, countries cannot agree on the size of a global funding bill to help the developing world fight climate change - let alone how to split it.

The decision is set to dominate the COP29 climate talks in Azerbaijan in November, where nearly 200 countries need to agree on a new annual financing target for helping poorer countries cut their... (continue reading...)


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