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China to stop building coal energy plants abroad

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China to stop building coal energy plants abroad

President of China Xi Jinping has announced China will not build new coal-fire projects abroad

It’s a major move from the communist nation that could be pivotal in tackling global emissions.

President Xi Jinping made the announcement in his address at the United Nations General Assembly in New York which he participated in, virtually from Beijing.

China has long been funding coal projects in other countries such as Indonesia and Vietnam.

Those very projects fall under a massive infrastructure project known as the Belt and Road initiative.

But it has been under pressure to end the financing, as the world tries to meet Paris climate agreement targets.

“China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad,”

Mr Xi said

No further comment were provided, but the move could limit the expansion of coal plants in many developing countries under China’s Belt and Road Initiative.

The Belt and Road Initiative has seen China previously fund infrastructure such as roads, trains, ports as well as coal plants in a variety of different countries. Many of those nations are classified as a developing country.

China is known to be the most pollutive country in the world, with the nation the largest greenhouse gas emitter.

China has long been heavily reliant on coal for domestic energy needs.

The President mentioned promises made last year about China achieving peak emissions before 2030 and then transitioning to carbon neutrality by 2060.

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Markets shrug as Trump tariffs take effect

Investors remain calm amid Trump’s 15% tariffs, focusing on future policy uncertainty and inflation risks instead.

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Investors remain calm amid Trump’s 15% tariffs, focusing on future policy uncertainty and inflation risks instead.

Investors are largely unfazed as U.S. President Donald Trump’s new tariffs officially come into effect. The administration has introduced a blanket 15 percent levy on imports, initially set at 10 percent under temporary regulations, but markets have responded with little drama. Analysts suggest traders have grown accustomed to tariff announcements, limiting any immediate shock to equities.

While the headline policy shift is significant, experts argue the real concern lies elsewhere. Ongoing uncertainty around global trade policy and the potential for further measures is keeping investors cautious. Rather than reacting to the current rate, markets appear more focused on what could come next.

Inflation pressures also remain firmly on the radar, as higher import costs could feed into consumer prices over time. For now, however, the broader market landscape looks largely unchanged, with investors taking a wait-and-see approach.


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Savannah Guthrie family offers $1 million reward in search for missing mother

Savannah Guthrie’s family offers $1M reward for info on her missing mother, as FBI investigates suspect linked to DNA evidence.

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Savannah Guthrie’s family offers $1M reward for info on her missing mother, as FBI investigates suspect linked to DNA evidence.

The family of US television host Savannah Guthrie is offering a staggering $1 million reward for information leading to the recovery of her missing mother, Nancy Guthrie. Nancy was last seen on January 31 after being dropped off at her home near Tucson, Arizona, before she was reported missing the following day.

Authorities, including the FBI, have been investigating the disappearance, previously raising the reward to $100,000 as the search intensified. Investigators have now obtained a DNA sample from a glove found near Nancy’s home, believed to be linked to a suspect captured in doorbell camera footage before her suspected abduction.

Savannah shared a heartbreaking message as the desperate search continues, with her family urging anyone with information to come forward. The case has gripped the nation as officials pursue every possible lead.

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Albanese evacuated from Lodge due to security threat

Anthony Albanese evacuated from The Lodge amid security threat, federal police conducting thorough search assures public safety

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Anthony Albanese evacuated from The Lodge amid security threat, federal police conducting thorough search assures public safety

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In Short:
– Prime Minister Albanese was evacuated from The Lodge due to a security threat.
– Australian Federal Police confirmed no current threat to public safety.

Anthony Albanese has been evacuated from The Lodge in Canberra due to a security threat.Federal police relocated the Prime Minister to a secure location around 6 pm.

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A comprehensive search of the protection establishment is ongoing.

The Australian Federal Police confirmed there is no current threat to public safety.

An Australian Federal Police spokesperson said they were alerted to an alleged security incident at the property, near Parliament House.

“A thorough search of a protection establishment was undertaken and nothing suspicious was located,” a statement said.

“There is no current threat to the community or public safety.

The scene at The Lodge. Photo Credit: Lexie Jeuniewic

“Further information will be provided at an appropriate time.”

This incident follows a recent event where a man was shot dead by Secret Service agents after breaching the perimeter of Donald Trump’s Mar-a-Lago estate in Florida, while Mr Trump and his wife Melania were in Washington.

Security Incident

Prime Minister Albanese’s evacuation highlights ongoing security concerns. Authorities are increasing vigilance in light of recent events involving high-profile figures.

Coordination between federal and local agencies remains crucial to ensure safety and security protocols are effectively executed.

Earlier in the day, Albanese recorded an hour-long interview with journalist Karl Stefanovic at The Lodge.

Last week, Mr Albanese urged Australians to “turn the temperature down” following a major defence event in Canberra that was disrupted by police-investigated incidents. 

Hundreds of attendees at the ADM Congress were evacuated after a suspicious package was discovered.  The bomb squad was then deployed to the scene. 

During another address, a rock was thrown through a hotel window causing a scramble for the exits. 

The evacuation of The Lodge comes amid heightened concerns about threats directed at elected officials across Australia.


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