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Mariah Carey's floating concert brings star power to Amazon ahead of COP30
On Wednesday night, less than two months before Belem welcomes heads of state to the U.N. Climate Summit COP30 in the Brazilian city, pop star Mariah Carey performed with a cast local artists at a floating concert for the Amazon rainforest. The concert was part of the two-day "Amazon Live Today and Forever" event, organized by Rock World. The company that organizes the music festivals Rock in Rio and The Town. Carey, 56 years old, was able to captivate more than 70,000 Sao Paulo fans on Saturday when she appeared at The Town. Fans watched from another location as the singer performed on a stage that resembled an enormous waterlily floating on the Guama River for a half-hour on Wednesday. "We are here tonight to raise awareness about the protection of the rainforest." Let's start with something tropical," she said, before singing "Sugar Sweet", the first song of the evening. Carey made her sixth visit to Brazil after performing in Sao Paulo last year and Rio de Janeiro the previous year. The Amazon concert was broadcast on Brazilian TV, and it was preceded by a showcase of Amazon-born female performers. Belem, Brazil, will host COP30 in November. This event, the first U.N. Climate Summit to be held within the Amazon, will bring together business leaders, climate activists, and foreign leaders. (Reporting and writing by Wagner Santana, Fernando Cardoso, Jamie Freed).
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Three police officers killed, two injured in Pennsylvania; suspect shot
Officials said that three law enforcement officers died and two were critically injured in Pennsylvania, following a confrontation on Wednesday with a shooter who was fatally wounded by police. State police commissioner Colonel Christopher Paris stated that the shooting occurred in Codorus Township in York County, in the southeast part of Pennsylvania, as the officers returned to the site where they had previously conducted some police work. He told reporters hours later that "they were there to follow-up on an investigation which began yesterday." He refused to provide any further details, other than to describe the investigation as being "domestic." Three officers were killed and two other officers were injured by gunfire. They were transported to a hospital nearby, where their conditions were listed as critical but stable. One local media outlet claimed that the officers were trying to execute a search warrant at the time of the shooting. Paris reported that the police shot and killed the shooter. The shooter was not identified publicly and the authorities refused to reveal immediately which law enforcement agency the officers were from. Governor Josh Shapiro, who visited the hospital to pay his respects to fallen officers, stated, "This is a tragic and devastating event for York County as well as the Commonwealth of Pennsylvania." He asked for prayer for the families of those who died. He said: "It is important that you know how proud these families are of the loved ones who wore uniforms to keep us safe." Shapiro acknowledged that he received a phone call from U.S. attorney general Pam Bondi, who offered whatever federal assistance was needed. Reporting by Steve Gorman and Christian Martinez. Editing by Bhargav Asharya and Sam Holmes.
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Report says India's CO2 emissions from the power sector have fallen for the second time in four decades.
India's carbon emissions from the power sector decreased by 1% in the first half 2025, primarily due to the addition of clean energy and a lower demand for electricity, according to a report. This is only the second decline in almost 50 years. According to an analysis of Carbon Brief by the Centre for Research on Energy and Clean Air, the fall in electricity demand was primarily due to record additions of clean-energy capacity and unusually warm weather. The Helsinki-based think-tank attributed 65% to the decline in fossil-fuel generation, 20% to a faster expansion of clean-energy, and 15% to increased hydropower output. This analysis is based upon official data collected by different government agencies and ministries on fuel consumption, production of industrial goods and electricity generation. CREA reported that India added 25.1 gigawatts of non-fossil power in the period January-June, a 69% increase from the previous record. This is enough to produce nearly 50 terawatt-hours (TWh), annually. Hydropower production increased as a result of lower temperatures and rain between March and may, which was 42% higher than normal. CREA reported that fossil fuel generation dropped by 29TWh while total electricity generation increased by 9TWh. The growth in oil demand also slowed, which contributed to the overall emissions decline. However, steel and cement emissions rose dramatically due to government infrastructure spending. CREA stated that India's emissions from the power sector could reach a peak before 2030, if the clean energy growth continues and if demand stays within projections. CREA said that the sector had historically accounted half of India's growth in emissions. The country is looking at adding 500 GW of renewable energy by 2030. (Reporting and editing by Yagnoseni das, Sethuraman N R and Janane Venkatraman).
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Exxon suspends European plastic recycling plans due to draft EU regulations
ExxonMobil has halted 100 million euros (118.4 millions) in investment in European Plastic Recycling due to draft EU rules that define the recycled content of a final product. Two projects are being developed by the U.S. energy company to recycle chemicals at its existing plants in Rotterdam, and Antwerp. The project will process 80,000 tons of plastic waste annually. In an interview, Jack Williams, Senior Vice-President of ExxonMobil, said that the two projects were now halted due to the EU draft rules which he claimed discriminated against existing petrochemicals facilities versus standalone installations. "Everything is going according to plan." He said, "We've received local support." "We are interested in making these investments." "The only thing that stands between us and this project is EU Policy." A draft law is being considered to determine the amount of recycled material based on both the mass of waste entering the system and that of the output. ExxonMobil has stated that it favors simpler standalone technologies, where the path to production from plastic waste is more clear. It penalises complex integrated facilities which feed fossil feedstocks. Williams stated that based on the proposed law, the facilities of its company would receive less than half the credit due. A public consultation on the draft ended one month ago. Exxon shares the view of industry groups and companies including Finland's Neste. By 2030, the EU has set targets for plastic recycling. For example, plastic bottles must contain 30% recycled material. According to the industry, it is necessary to combine mechanical recycling which reprocesses plastic waste without altering its chemical structure with chemical recycling. This can be done by reducing complex plastics into their basic chemical components. Williams said that while U.S. tariffs on imports weren't a major problem for his company, EU regulations were. He specifically called on the EU to repeal Corporate Sustainability Due Diligence (CSDDD), which requires large companies to verify if their supply chain uses forced labour or causes environmental damage. Williams claimed that the rules were complex, expensive, bureaucratic and in some cases impossible to achieve. They also applied outside of the EU. The EU has already loosened the rules and delayed their implementation. (1 dollar = 0.8447 euro) (Reporting and editing by Ed Osmond, Philip Blenkinsop)
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Friedland: Ivanhoe Mines is in talks with sovereign funds after Qatar investment
Robert Friedland, co-chairman of Ivanhoe Mines, said on Wednesday that the company is constantly in contact with sovereign wealth funds to discuss potential investments. These are meant to support Ivanhoe Mines' efforts to increase production of copper and critical minerals. Vancouver-based Ivanhoe announced earlier on Wednesday that Qatar’s sovereign wealth fund will invest $500 million in order to achieve what Qatari officials described as a goal: "finding and developing critical minerals essential for global energy transition and advanced technologies applications." Ivanhoe operates in South Africa and the Democratic Republic of Congo, while exploration projects are underway in Angola. Friedland, Ivanhoe’s third largest shareholder, expressed an interest in expanding elsewhere in Africa and Asia. Friedland believes that Qatar's investment will open doors in many countries, particularly those with a majority of Muslims, where he thinks there are vast mineral deposits. Qatar has a population of 65% Muslims and a large part of its wealth is derived from the production of natural gas. Ivanhoe has used advanced imaging, artificial Intelligence and other high-tech methods for better finding geological deposits. Friedland responded: "We are in constant communication with sovereign partners." They want more. We want to make Ivanhoe Mines a leading mining company in the world. Friedland refused to provide details but said that Ivanhoe wasn't interested in partnering up with hedge funds. He said without naming any specific investors, "We're allergic to hedge fund names that are named after Greek Gods." Their investment horizon can be measured to the millionth of a millisecond. He said that the rush to find critical minerals around the world and the possibility of finding new deposits is similar to the west U.S. gold rush in the late 19th Century. In my 40 years of working in the industry, he said he had never seen such a rush for critical raw materials. Ivanhoe is interested in developing titanium projects in Ukraine but not while that country is at war with Russia, he said. He added that the company is not interested in deep-sea mine projects. Friedland also is the largest shareholder in Sunrise Energy Metals. The company said Tuesday that it was being considered for funding by the U.S. Export-Import Bank to fund its Australian scandium projects. (Reporting and editing by Veronica Brown, Jamie Freed and Ernest Scheyder)
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What will the UN agenda be and who will speak?
The 80th session of the United Nations General Assembly begins on Tuesday. Who speaks when? The United Nations, which was founded in 1945, has grown from 51 members to 193 today. The leaders of the Holy See, State of Palestine, and two non-member observers states, known as the United Nations' State of Palestine and the Holy See, may also speak. Brazil is the first to speak in every meeting. U.N. officials say that Brazil was the first to speak in the early days of the world organization, when other countries resisted. The United States, which hosts the U.N. HQ in New York City, is the second nation to address the General Assembly. The list is then ordered by hierarchy, and in general the first-come, first-served principle. The heads of state are the first to speak, followed by their deputy and crown princes. Next come heads of government and ministers, and then lower-ranking leaders of a delegaiton. How long will they speak? Leaders should adhere to a 15-minute voluntary time limit. According to U.N. Records, Fidel Castro of Cuba spoke for approximately 4-1/2 hours during the 1960 opening of the General Assembly. Libyan leader Muammar Gadhafi spoke more than 1 1/2 hours in 2009. WHAT WILL THEY TALK ABOUT? Every session of the General Assembly begins with a specific theme. Leaders may briefly mention the theme before moving onto any topic. The theme for this year is "Better Together: 80 Years and More for Peace, Development and Human Rights." Leaders are also likely to discuss: GAZA. As the Gaza Strip war between Israel's Hamas militants and the Palestinian enclave approaches its second anniversary, leaders are gathering. A humanitarian crisis is worsening in the Palestinian enclave. Benjamin Netanyahu, Israeli Prime Minister, is scheduled to speak at the General Assembly next Friday. Israel has denied the allegations of war crimes and crimes against humanity that the International Criminal Court made against it in Gaza. Israel launched an assault on Gaza City Tuesday. The U.S. has refused to grant him a Visa. He is likely to appear via video. UKRAINE. Volodymyr Zelenskiy, the Ukrainian president, will seek to bolster global support for Kyiv while U.S. Donald Trump attempts to broker a ceasefire more than three years since Russia invaded their neighbor. He will address the assembly this Wednesday, while Sergei Lavrov, Russia's foreign minister, will speak Saturday. Next week, the U.N. Security Council will hold a meeting at a high level on Ukraine. The U.S. will be watched closely, both at the U.N. Security Council and during Trump's General Assembly address, to see if Washington announces measures such as sanctions to try to convince Russian President Vladimir Putin that he should negotiate with Zelenskiy. IRAN. In New York, expect last-minute diplomacy over Iran's nuclear program. Tehran is trying to avoid the return of all U.N. Security Council Sanctions on the Islamic Republic by September 28. Both the Iranian president Masoud Pezeshkian, and foreign minister Abbas Araqchi will be attending the United Nations. SYRIA. This year, the Syrian President Ahmed al-Sharaa will make a notable debut at the U.N. General Assembly. Hay'at Tahrir al-Sham, the group that he leads, led the revolt in December to topple President Bashar al-Assad. This ended 13 years of civil conflict. HTS was the former al-Qaeda branch in Syria, formerly known as al-Nusra Front. It broke ties with al-Qaeda in 2016. The group, Sharaa and its leader remain under U.N. sanction. However, Sharaa was granted a travel waiver to New York between September 21-25. CLIMATE. Leaders of small island nations and other states that are most affected by climate change will be expected to urge further action as the world struggles to limit global warming to 1.5 degrees Celsius. WOMEN. Leaders will gather on Monday to celebrate the 30th anniversary a historic women's rights convention. Beijing's 1995 Fourth World Conference on Women is best remembered for the slogan "women’s rights are human right." Leaders are likely to be disappointed by the lack of progress made and the growing attacks against women's rights. The theme of Monday's meeting is to recommit to, accelerate and resource the implementation of the 1995 declaration. At the Beijing Conference, 189 countries signed a declaration calling for "full participation and equality of women in the political, civil, economical, social, and cultural life". SUDAN. Next week, some leaders are likely to discuss the war that has lasted for two and a half years in Sudan. The United Nations has called the war between the paramilitary Rapid Support Forces (RSF) and the Sudanese Army, which is a conflict between the Rapid Support Forces, and the Sudanese Army, the worst humanitarian crisis in the world. There are pockets of famine all over the country, including al-Fashir the capital of North Darfur State. The United States, Saudi Arabia, Egypt, and the United Arab Emirates have all called for a humanitarian truce lasting three months, followed by a ceasefire permanent. According to many, the "Quad", or four countries, have the greatest influence on the warring parties. U.S.-VENEZUELA TENSIONS. Venezuela complained about the United States' naval build-up in the Southern Caribbean waters and the nearby waters at the end of last month. The U.S. military launched two deadly attacks on suspected Venezuelan drug-cartel vessels in international waters since then. Venezuelan Foreign Minister Yvan Yli is likely to raise the increased tensions when he addresses the General Assembly this Saturday. Venezuelan President Nicolas Maduro claims that the U.S. wants to remove him from power. RACE TO APPOINT A NEW U.N. SECRETARY-GENERAL. The United Nations will select a new Secretary-General next year. Guterres' second five-year tenure will end on December 31, 2026. On the sidelines next week of the General Assembly, there will be much talk about who might be the candidate to succeed him. The U.N. Security Council, composed of 15 members, must agree on a candidate that will be recommended to the 193 member General Assembly. This means that the five veto-powers - Britain China France Russia and the U.S. have to agree. (Reporting and editing by Howard Goller; Michelle Nichols)
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After Fed's much-anticipated rate cut, US yields drop and stocks edge lower
The world stock market edged down in choppy trades on Wednesday, while U.S. Treasury yields dropped across the board after the Federal Reserve announced a much anticipated interest rate cut. It also signaled the beginning of a new easing policy cycle. The Fed has cut interest rates by a quarter percentage point, and it indicated that borrowing costs will continue to be reduced for the remainder of this year. Only new Governor Stephen Miran, who joined the Fed on Tuesday and is on leave as head of the White House's Council of Economic Advisers, dissented in favor of a half-percentage-point cut. The Dow Jones Industrial Average rose 0.56%, while the S&P 500 fell 0.31% to 6,585.98. The Dow Jones Industrial Average increased 0.56% to 46 014.88, while the S&P 500 dropped 0.31% at 6,585.98, and the Nasdaq Composite fell 0.70% to 22,162.03. MSCI's global stock index fell 0.14%, to 975.41. It is now a fraction of its previous record high. The yield on the benchmark 10-year U.S. note fell by 1.5 basis points, to 4.009%. The yield on the 2-year note, which is usually in line with Fed interest rate expectations, fell by 1.5 basis points to 3,495%.
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UN increases financial support for poorer countries at COP30 amid hotel crisis
In light of the rising costs of accommodation in Belem, an Amazonian city, the U.N. is giving low-income countries additional money to attend COP30. This global climate summit will take place in Brazil in November. Brazil has resisted the calls for the conference to be moved from Belem. President Luiz inacio Lula da So did not want to renege on his promise to show the Amazon rainforest at COP30. A spokesperson for the U.N. Climate Secretariat informed that the International Civil Service Commission of the U.N., which makes decisions on the "daily allowance", has agreed to increase it for Belem. According to a press release from the Brazilian COP30 Presidency, the allowance for 144 developing nations has increased to $197. It was previously $144. The allowance is for two or three delegate per country and 374 total delegates. The UNFCCC and Brazilian representatives met on Wednesday to discuss the acute accommodation crisis that has arisen as hotels charge 10 to 15 percent more than their normal rates during conference periods. The annual U.N. Summit will bring together nearly every government to discuss how to combat climate change. Pre-summit discussions have been dominated by concerns over logistics rather than global climate policies. The Developing Countries have said that they can't afford the high accommodation rates in Belem, due to a shortage of rooms. Brazil is rushing to increase the number of hotel beds to accommodate the approximately 45,000 attendees expected at COP30. The company says that developing countries can get more affordable accommodations at a daily rate of up to $200. According to the Brazilian government, less than two months prior to the conference, only 79 nations have made reservations via the official COP30 Platform or other means. 70 countries are still in negotiation. Usually, the annual COP talks involve around 200 countries. (Reporting from Brasilia by Lisandra paraguassu; additional reporting in Brussels by Kate Abnett. Editing by PhilippaFletcher.
EXCERPTS-IAEA Board of Governors resolution versus Iran
Below are crucial passages from a. resolution on Iran that diplomats said the International Atomic. Energy Firm's 35nation Board of Governors passed at a. quarterly meeting on Thursday night.
The Board of Governors
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( d) Noting the Director General's deep concern that. undeclared nuclear material had actually been present at several. undeclared areas in Iran which its present place( s). are not known to the Company, and his evaluation that nuclear. product used in Iran was not stated as needed under Iran's. NPT Safeguards Contract,
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( g) Recalling the Board of Governors' resolutions of 19 June. 2020 ..., of 8 June 2022 ..., and of 17 November 2022 ... which. called upon Iran to completely cooperate with the Firm and decided. that it is essential and immediate in order to ensure confirmation. of the non-diversion of nuclear product that Iran act to fulfil. its legal commitments and, with a view to clarifying all. impressive problems, take all defined actions without hold-up,
( h) Remembering the most current Board of Governors' resolution. of 5 June 2024 ... which thought about that a continued failure by. Iran to provide the required, complete and unambiguous co-operation. with the Company to fix all impressive safeguards concerns,. may require the production, by the Director General, of a. comprehensive and upgraded assessment on the possible presence or. use of undeclared nuclear product in connection with past and. present exceptional problems regarding Iran's nuclear program,
( i) Deeply being sorry for that in spite of the above resolutions by. the Board and numerous opportunities supplied by the Director. General over 5 years, Iran has actually neither offered the Agency. with technically credible explanations for the presence of. uranium particles of anthropogenic origin at numerous undeclared. areas in Iran nor informed the Company of the present. area( s) of nuclear material and/or of contaminated. equipment, and that rather stated it has actually declared all of the. nuclear material and activities needed under its Safeguards. Agreement, which is irregular with the Company's findings,
( j) Keeping in mind that, notwithstanding Iran's statements, the. Company has not altered its assessment of the undeclared. nuclear-related activities that took place at 4 undeclared. areas in Iran, nor of the origin of the uranium particles of. anthropogenic origin,
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( l) Keeping in mind with major concern the Director General's. conclusion that these issues come from Iran's obligations under. its NPT Safeguards Contract and require to be dealt with for the. Firm to be in a position to offer assurance that Iran's. nuclear programme is specifically peaceful,
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2. Repeats its profound concern that Iran has still not. supplied needed, complete and unambiguous cooperation with the. Firm and has not taken the necessary and immediate actions as. chosen by the Board in its June 2024 resolution, with the. repercussion that safeguards issues remain outstanding in spite of. various interactions with the Company because 2019, with serious. ramifications for the Company's capability to guarantee verification of. the non-diversion of nuclear product required to be secured. under Iran's NPT Safeguards Arrangement to nuclear weapons or. other nuclear explosive gadgets;
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4. Declares its choice that it is vital and immediate in. order to ensure confirmation of the non-diversion of nuclear. product that Iran act to satisfy its legal commitments and, with. a view to clarifying all outstanding safeguards concerns, take the. following actions without delay:. i. Offer technically reliable explanations for the presence. of uranium particles of anthropogenic origin in 2 undeclared. places in Iran,. ii. Notify the Firm of the current area( s) of the nuclear. material and/or of the infected equipment,. iii. Provide all details, paperwork and answers the. Company requires for that purpose,. iv. Offer access to locations and material the Agency. requires for that function, in addition to for the taking of samples. as deemed appropriate by the Firm.
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6. Demands the Director General to produce a detailed. and updated assessment on the possible existence or use of. undeclared nuclear product in connection with past and present. impressive concerns relating to Iran's nuclear program, consisting of. a full account of Iran's cooperation with the IAEA on these. concerns, dealing with the Agency's ability to verify Iran's. application of its safeguards commitments consisting of the. non-diversion of nuclear material, based upon all details. available, for consideration by the March 2025 Board of. Governors or at the most recent by spring 2025;.
(source: Reuters)