-
BIS flags debt and profitability risks in AI-driven market rally
-
Oil supply concerns and AI warnings weigh on global markets
-
Qatar Chamber and Maltese envoy consider business forum
-
'I am the hoax buster': Trump rejects AI danger warnings
-
Spanish PM denies being blackmailed by Morocco
-
Macklemore dropped from Ed Sheeran tour after 'free Palestine' speech
-
Doha Islamic finance forum names AlRayan firms as co-lead partners
-
Trump's son confirms Russian businessman paid for post-wedding festivities
-
Leeds thrash Newcastle to go third in the Premier League
-
Betis beat winless Villarreal to go third
-
Zelensky says Ukraine ready for 'de-escalatory steps'
-
Etihad capacity rises as war disruption weighs on annual earnings
-
In-form Malen fires Roma to Serie A summit, Inter on their heels
-
At G20 summit, US unravels power plant climate rules
-
Lebanese agency reports Israeli shelling and gunfire in south
-
Russian disinformation campaign sets sights on US midterms
-
Expert proposes phased digital reform for Arab business schools
-
England No 8 Pollock could move abroad or switch sports amid contract stand-off
-
Trump rejects 'hoax' warnings that AI could destroy humanity
-
Canada makes pitch as safe place to invest in 'uncertain world'
-
Houthis say Saudi Arabia hits Yemen with 54 strikes after attack on bases
-
In-form Malen fires Roma to Serie A summit
-
Why the far right is losing ground in Sweden
-
IOC visits Lyon amid leadership turmoil for 2030 Winter Olympics
-
Ex-Ireland fly-half O'Gara extends deal as La Rochelle coach
-
New York seizes 12 celeb deep-fake porn sites
-
Russian attacks on Ukraine railways escalating every week: rail CEO to AFP
-
Jesse Eisenberg channels emotional intensity into 'The Debut'
-
France, Iraq deepen energy, defence ties during Zaidi visit
-
Alarm over AI grows as divided US Congress struggles to act
-
Trump says Ukraine, Russia agree not to hit energy targets
-
PopDEX Surpasses $61M TVL and $2B Trading Volume in Closed Beta
-
Nigeria's Dangote refinery launches continent's biggest IPO
-
Oasis announce new 2027 world tour
-
Trump blasts 'sick conspiracy' against AI as warnings mount
-
Women athletes condemn 'sexualised' Sydney Sweeney commercial
-
For Laura Linney, role in Parkinson's-themed movie marked a turning point
-
UN calls for 'urgent action' to rein in AI in face of 'unprecedented risks'
-
Doctors face life sentence over Greek pop star's death
-
Russia intensifies attacks seeking to intimidate Ukraine, Europe
-
Trump moves to axe power plant climate rules
-
Richarlison not in Spurs League Cup squad: De Zerbi
-
Slow the AI race? Investors weigh the potential cost
-
French defence group Thales calls on governments to regulate AI
-
Philippine Muslim enclave votes for parliament after deadly shooting
-
Three talking points from the Spanish Grand Prix
-
Germany seeks guarantees from Italy's UniCredit over Commerzbank takeover
-
Saudi football body vows action against Jota chants, Ronaldo urges life ban
-
Liverpool will have to accept 'ups and downs', says Iraola
-
North Korea win 10-0 in Asian Games football mismatch
'Moral failure': Leaders seek to rally world at Amazon climate talks
Fears of a fracturing global resolve loomed over climate talks in the Brazilian Amazon on Thursday as world leaders acknowledged their failure to contain global warming to agreed limits.
Heads of state and government met in the city of Belem ahead of the UN COP30 conference, which is set to take place without the United States -- one of the nations most responsible for planet-warming emissions.
Opening the leaders gathering, UN Secretary-General Antonio Guterres set the tone by declaring the world had failed in its promise to hold long-term warming to 1.5 degrees Celsius since the pre-industrial era.
"This is moral failure -- and deadly negligence," he said, adding that to minimize the danger, governments must now act with even more urgency to slash fossil fuel emissions and protect nature.
The UN's weather and climate agency on Thursday said 2025 would be among the hottest years ever recorded.
Brazil hopes COP30, which officially begins on Monday, can reaffirm that climate change remains a global priority despite wars, trade tensions, economic uncertainty and the chilling effect of the Trump administration.
President Trump has dismissed climate science as a "con job" and has sought to torpedo international climate action in other forums, all the while boosting fossil fuels.
America's absence cast a shadow over Thursday's summit, where speakers took turns condemning Trump's climate denialism and lamenting the loss of global momentum.
"The president of the United States in the last UN assembly said that the climate crisis does not exist, and that is a lie," said Chile's Gabriel Boric, while Colombia's Gustavo Petro, whose US visa was canceled by Trump's government, likewise tore into him.
Brazilian president and host Luiz Inacio Lula da Silva referred to "extremist forces (that) fabricate fake news to obtain electoral gains and imprison future generations."
The world's biggest emitter, China, was present at the summit and pledged to double down on its climate action, which has included the vast rollout of renewable energy and green technologies at home and abroad.
"China is a country that honors its commitments," Chinese Vice Premier Ding Xuexiang said pointedly.
He added his country would "accelerate the green transition in all areas of economic and social development" and chided those who would put up trade barriers against its solar panels, batteries and electric cars.
- Uphill battle -
Leaders from other major economies, including the European Union, Britain and France were also in attendance to show that the international community could still pull together.
Britain's Keir Starmer said "the UK is all in" -- framing investment in the energy transition as an economic opportunity, but raised fears that the global climate "consensus is gone."
The choice of Belem, a city of 1.4 million people, half of whom live in working-class neighborhoods known as favelas, has been controversial due to its limited infrastructure, with sky-high hotel fees complicating the participation of small delegations and NGOs.
Brazil's recent approval of oil drilling near the mouth of the Amazon River will sit awkwardly at the conference.
So, too, will the unanswered call for a wave of ambitious new climate pledges ahead of COP30.
- 'Heaviest price' -
Brazil launched a new rainforest conservation fund on Thursday, with a promised contribution from Norway of up to 30 billion kroner ($2.9 billion) in loans.
COP30 will also focus on adaptation, a demand of countries which cannot afford to build defenses against climate disasters.
DR Congo President Felix Tshisekedi on Thursday said that "insufficient" climate finance was helping to drive an inequality crisis.
"Those who have contributed the least to climate change are now paying the heaviest price," he said.
These countries want concrete detail on how climate finance can be substantially boosted to $1.3 trillion a year by 2035 -- the estimated need in the developing world.
The hosts are also under pressure to marshal a response to the 1.5C failure. Even if all commitments are enacted in full, global warming is still set to reach up to 2.5C by century's end.
F.Dubois--AMWN