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COP28 urges adaptation to warming world amid funding nightmare

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Delegates at the 28th Conference of the Parties (COP28) have underscored the critical need to adapt to a warming world but have yet to reach a consensus on how to finance these vital efforts.

As the global climate crisis escalates, the urgency to mitigate its impacts becomes increasingly apparent.

Discussions at COP28 have centred on strategies for countries to cope with the growing challenges posed by rising temperatures, sea levels, and extreme weather events. Many nations have presented ambitious plans for adapting to a warmer world, including the development of resilient infrastructure, the protection of vulnerable communities, and the preservation of biodiversity.

However, the thorny issue of funding these adaptation measures remains unresolved. Developing nations, in particular, have emphasised the importance of financial support from wealthier countries to implement effective climate adaptation projects. Disagreements persist on the scale and nature of this financial assistance.

The lack of consensus on financing mechanisms raises concerns about the feasibility of implementing adaptation strategies. While the world grapples with the effects of climate change, finding a solution to the funding dilemma remains a pivotal challenge for COP28 delegates.

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Iran live updates: Trump Says Iran strikes to continue for four to five weeks

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Israel strikes Tehran anew as conflict escalates and global markets react

Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.

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Israel strikes Tehran after Khamenei’s death; U.S. warns of prolonged conflict as tensions escalate in the Middle East.


Israel has launched a new wave of strikes on Tehran, following the reported killing of Iran’s Supreme Leader, Ali Khamenei. U.S. President Donald Trump has warned the campaign could last up to a month, framing the operation as a move to prevent Iran from acquiring nuclear capabilities.

Iran has retaliated with missile attacks, while its Revolutionary Guards claim responsibility for assaults on oil tankers in the Gulf. The escalating hostilities are already disrupting global shipping lanes and air travel, sending shockwaves through international markets.

With reports of the first U.S. casualties emerging and Washington declaring the Tehran operation a success, tensions across the Middle East are intensifying rapidly. The question now is how far this conflict could spread — and at what cost.

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U.S. and Israel strike Iran as missiles hit Gulf bases and oil surges

U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

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U.S. and Israel launch major military operation against Iran; tensions rise as conflict escalates, impacting global markets.

The United States and Israel have launched a sweeping military operation against Iran, striking leadership targets and more than 500 military sites in what President Trump has dubbed Operation Epic Fury.

Explosions have rocked Tehran, with civilians fleeing the capital as U.S. sea and air assets carry out sustained attacks. Washington says the mission is designed to prevent a nuclear armed Iran and has even called on Iranians to rise up against the regime.

Iran has retaliated with a barrage of missiles and drones targeting Israel and U.S. bases across the region, including in Qatar, Kuwait, the United Arab Emirates and Bahrain. While many projectiles were intercepted, a U.S. base in Bahrain sustained damage.

Gulf states long seen as stable hubs for global business are now directly in the firing line, raising fears of a wider regional war.

Oil prices are climbing and tankers are diverting from the Strait of Hormuz as markets react to the escalating conflict. U.S. aircraft carriers, advanced fighter jets and missile destroyers remain in position, signalling more strikes could follow.

With global leaders scrambling diplomatically, the world is watching to see whether this spirals further or shifts back to negotiations.Download the Ticker app

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