News
Biden attacks China and Russia for failing to attend COP26
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 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.
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.
News
Global stocks wobble as Davos kicks off and Trump reshapes geopolitics
Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.
Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.
Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.
The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.
Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.
Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.
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News
Zelenskyy reveals planned UAE talks with Russia and the United States
Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.
Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.
Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.
He also criticised European leaders at the World Economic Forum, calling for stronger political will.
News
Albanese apologises to Jewish community at Bondi attack memorial
Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.
Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.
Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.
Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.
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