Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Biden attacks China and Russia for failing to attend COP26

Published

on

US President Joe Biden has criticised the leaders of China and Russia for not turning up to the COP26 climate summit

The President in a speech on Tuesday night stated that climate change was “a gigantic issue” and China “walked away” – adding it was the “same thing with Russia and the country’s President Putin”.

Neither Russian President Vladimir Putin nor Chinese leader Xi Jinping are attending the summit in Glasgow, where leaders of 200 nations are currently attending.

Both countries however have sent delegations to the talks, which are due to run for two weeks until 14 November.

China has been criticised along with Russia for failing to attend COP26. / Image: File

China is the world’s largest emitter of carbon dioxide, followed by the US

Russia is the fifth largest emitter after the EU and India. Many nations have already announced major deals, including a global pledge to slash methane levels by 2030 as well as to end and reverse deforestation by the same year.

While both China and Russia are signatories of the pledge to reverse deforestation, their failures to attend the meeting in Scotland have been highly criticised.

Prior to Biden’s speech, Russia’s Putin virtually addressed a meeting on forest management at the COP26, stating that his country takes the “strongest and most vigorous measures to conserve” woodlands, according to a Kremlin press release.

US President makes speech at COP26 / Image: File

The US president made his comments when asked about the role that other countries – including China, Russia and Saudi Arabia – have played in talks so far

“The fact that China is trying to assert, understandably, a new role in the world as a world leader – not showing up, come on,”

Mr Biden said.

Biden stated the same about Mr Putin, saying that Russia’s wilderness was burning and their president “stays mum” about the issue.

Mr Putin’s spokesman Dmitry Peskov gave no reason why the Russian leader would not attend when they announced the decision in October, although he said climate change was an “important” priority for Russia.

Net zero – otherwise known as becoming carbon neutral, means not adding to the amount of greenhouse gases in the atmosphere.

Continue Reading

News

Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

Published

on

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


Download the Ticker app

Continue Reading

News

Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

Published

on

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


Download the Ticker app

Continue Reading

News

US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

Published

on

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


Download the Ticker app

Continue Reading

Trending Now