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Economy

EU-Mercosur deal’s future up to new Argentina government, sources say

Argentine president-elect Javier Milei addresses supporters after winning Argentina's runoff presidential election, in Buenos Aires, Argentina November 19, 2023. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsBRASILIA, Dec 2 (Reuters) - The European Union and Mercosur will not be able to close their free trade negotiations next week because Argentina's incoming government has to approve the outstanding issues, Brazilian officials and diplomats said on Saturday."Given the transition in Argentina, we are handing the subject to the new government, which has indicated they want a deal," the Brazilian foreign ministry spokesman said.A European...
Finance

Countries promise clean energy boost at COP28 to push out fossil fuels

118 countries back pledge to triple world's clean powerGoal would slash fossil fuel use this decadeSmaller club of countries plan to scale up nuclear energyDUBAI, Dec 2 (Reuters) - Governments launched new initiatives on Saturday to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how to halt the non-stop rise in planet-warming emissions.In one of the most widely supported initiatives, 118 governments pledged to triple the world's renewable energy capacity by 2030 at the U.N.'s COP28...
Banking

U.S. to impose visa bans soon on Israeli extremist settlers for West Bank violence

U.S. President Joe Biden speaks In the Indian Treaty Room of the Eisenhower Executive Office Building at the White House complex in Washington, U.S., November 27, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsDUBAI, Dec 1 (Reuters) - The Biden administration has informed Israel that Washington will impose visa bans in the next few weeks on Israeli extremist settlers engaged in violence against Palestinian civilians in the occupied West Bank, a senior State Department official said.U.S. Secretary of State Antony Blinken in his meeting with Israeli Prime Minister Benjamin Netanyahu and...
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