Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change

Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change
Environmental activists perform during a protest during the COP29 United Nations climate change conference, in Baku, Nov. 21, 2024. (Reuters)
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Updated 23 November 2024
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Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change

Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change
  • The rough draft of a new proposal circulating in that room was getting soundly rejected, especially by African nations and small island states
  • The “current deal is unacceptable for us. We need to speak to other developing countries and decide what to do,” Evans Njewa, the chair of the LDC group, said

BAKU: As nerves frayed and the clock ticked, negotiators from rich and poor nations were huddled in one room Saturday during overtime United Nations climate talks to try to hash out an elusive deal on money for developing countries to curb and adapt to climate change.

But the rough draft of a new proposal circulating in that room was getting soundly rejected, especially by African nations and small island states, according to messages relayed from inside. Then a group of negotiators from the Least Developed Countries bloc and the Alliance of Small Island States walked out because they didn’t want to engage with the rough draft.

The “current deal is unacceptable for us. We need to speak to other developing countries and decide what to do,” Evans Njewa, the chair of the LDC group, said.

When asked if the walkout was a protest, Colombia environment minister Susana Mohamed told The Associated Press: “I would call this dissatisfaction, (we are) highly dissatisfied.”

The last official draft on Friday pledged $250 billion annually by 2035, more than double the previous goal of $100 billion set 15 years ago but far short of the annual $1 trillion-plus that experts say is needed. The rough draft discussed on Saturday was for $300 billion, sources told AP.

Accusations of a war of attrition

Developing countries accused the rich of trying to get their way — and a small financial aid package — via a war of attrition. And small island nations, particularly vulnerable to climate change’s worsening impacts, accused the host country presidency of ignoring them for the entire two weeks.

After bidding one of his suitcase-lugging delegation colleagues goodbye and watching the contingent of about 20 enter the room for the European Union, Panama chief negotiator Juan Carlos Monterrey Gomez had enough.

“Every minute that passes we are going to just keep getting weaker and weaker and weaker. They don’t have that issue. They have massive delegations,” Gomez said. “This is what they always do. They break us at the last minute. You know, they push it and push it and push it until our negotiators leave. Until we’re tired, until we’re delusional from not eating, from not sleeping.”

With developing nations’ ministers and delegation chiefs having to catch flights home, desperation sets in, said Power Shift Africa’s Mohamed Adow. “The risk is if developing countries don’t hold the line, they will likely be forced to compromise and accept a goal that doesn’t add up to get the job done,” he said.

Cedric Schuster, the Samoan chairman of the Alliance of Small Island States issued a statement saying they “were not part of the discussion that gave rise to these imbalanced texts” and asked the COP29 presidency to listen to them.

A climate cash deal is still elusive

Wealthy nations are obligated to help vulnerable countries under an agreement reached at these talks in Paris in 2015. Developing nations are seeking $1.3 trillion to help adapt to droughts, floods, rising seas and extreme heat, pay for losses and damages caused by extreme weather, and transition their energy systems away from planet-warming fossil fuels and toward clean energy.

For Panama’s negotiator Juan Carlos Monterrey Gomez even a higher $300 billion figure is “still crumbs.”

“How do you go from the request of $1.3 trillion to $300 billion? I mean, is that even half of what we put forth?” he asked.

On Saturday morning, Irish environment minister Eamon Ryan said that there’ll likely be a new number for climate finance in the next draft. “But it’s not just that number — it’s how do you get to $1.3 trillion,” he said.

Ryan said that any number reached at the COP will have to be supplemented with other sources of finance, for example through a market for carbon emissions where polluters would pay to offset the carbon they spew.

The amount in any deal reached at COP negotiations — often considered a “core” — will then be mobilized or leveraged for greater climate spending. But much of that means loans for countries drowning in debt.

Teresa Anderson, the global lead on climate justice at Action Aid, said that in order to get a deal, “the presidency has to put something far better on the table.”

“The US in particular, and rich countries, need to do far more to to show that they’re willing for real money to come forward,” she said. “And if they don’t, then LDCs (Least Developed Countries) are unlikely to find that there’s anything here for them.”

Anger and frustration over state of negotiations

Alden Meyer of the climate think tank E3G said it’s still up in the air whether a deal on finance will come out of Baku at all.

“It is still not out of the question that there could be an inability to close the gap on the finance issue,” he said. “That obviously is not an ideal scenario.”

Jiwoh Emmanuel Abdulai, the Sierra-Leone environment minister, echoed that sentiment, saying “a bad deal may be worse than no deal for us.”

Nations were also angry at potential backsliding on commitments to slash fossil fuels. German foreign minister Annalena Baerbock called out rich fossil fuel emitters who she said have “ripped off” climate vulnerable states.

“We are in the midst of a geopolitical power play by a few fossil fuel states,” Baerbock said. “We have to do everything to come toward the 1.5 degree (Celsius, 2.7 Fahrenheit) pathway” of keeping warming below that temperature limit since preindustrial times, she said.

But despite the fractures between nations, some still held out hopes for the talks.

“We remain optimistic,” said Nabeel Munir of Pakistan, who chairs one of the talks standing negotiating committees.

When asked how, COP29 climate champion Nigar Arpadarai chimed in. “We have no choice,” she said, as the harms of climate change continue to worsen.


Trump says Canada to face 35 percent tariff rate starting August 1

Trump says Canada to face 35 percent tariff rate starting August 1
Updated 59 min 9 sec ago
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Trump says Canada to face 35 percent tariff rate starting August 1

Trump says Canada to face 35 percent tariff rate starting August 1
  • Canada and Mexico are both trying to find ways to satisfy Trump so that the free trade deal uniting the three countries — known as the USMCA — can be put back on track

WASHINGTON: Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.

It was the latest of more than 20 such letters issued by Trump since Monday, as he continues to pursue his trade war threats against dozens of economies.

Canada and the US are locked in trade negotiations in hopes to reach a deal by July 21 and the latest threat seemed to put that deadline in jeopardy.

Canada and Mexico are both trying to find ways to satisfy Trump so that the free trade deal uniting the three countries — known as the USMCA — can be put back on track.

The United States-Mexico-Canada Agreement replaced the previous NAFTA accord in July 2020, after Trump successfully pushed for a renegotiation during his first term in office.

It was due to be reviewed by July next year, but Trump accelerated the process by launching his trade wars after he took office in January.

Canadian and Mexican products were initially hard hit by 25 percent US tariffs, with a lower rate for Canadian energy.

Trump targeted both neighbors saying they did not do enough on illegal immigration and the flow of illicit drugs across borders.

But he eventually announced exemptions for goods entering his country under the USMCA, covering large swaths of products. Potash, used as fertilizer, got a lower rate as well.

The letter on Thursday came despite what had been warming relations between Trump and Carney.

The Canadian leader came to the White House on May 6 and had a cordial meeting with Trump in the Oval Office.

They met again at the G7 summit last month in Canada, where leaders pushed Trump to back away from his punishing trade war.

 


French president calls for joint recognition of Palestinian state by France and UK

French president calls for joint recognition of Palestinian state by France and UK
Updated 25 sec ago
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French president calls for joint recognition of Palestinian state by France and UK

French president calls for joint recognition of Palestinian state by France and UK
  • After talks with British Prime Minister Keir Starmer in London, Emmanuel Macron stresses urgent need for a 2-state solution to Israeli-Palestinian conflict
  • Starmer reaffirms his country’s commitment to a just political settlement of the Palestinian issue

LONDON: French President Emmanuel Macron has urged his country and the UK to jointly recognize Palestinian statehood, describing it as “the only path to peace.”

Speaking during a joint press conference with UK Prime Minister Keir Starmer in London, Macron stressed the urgent need for efforts to advance a two-state solution to the conflict between Israelis and Palestinians.

“I believe in the future of the two-state solution, and in the need to unify our voices in Paris, London and beyond to recognize the State of Palestine and launch this political dynamic that alone can lead to a horizon of peace,” Macron said.

Starmer reaffirmed the UK’s commitment to a just political settlement of the Palestinian issue, and highlighted the importance of international support for the Palestinian people and the need for stability in the region.

Macron concluded on Thursday a three-day state visit to the UK. It was the first such visit by a French statesman since 2008, and the first by an EU leader since Brexit in 2020.

On Wednesday, the Palestinian Authority welcomed comments by Macron during his speech to the British Parliament in which he affirmed the position of France on recognition of a Palestinian state as a way to help ensure stability in the Middle East.

Organizers of an international conference to garner support for Palestinian national independence, planned for mid-June and sponsored by Saudi Arabia and France, had to postpone the event because of the outbreak on June 13 of war between Iran and Israel.

In recent weeks, several members of Parliament belonging to Starmer’s ruling Labour Party have called on his government to officially recognize a Palestinian state and join with France in doing so.

 


Russia seizes $50 billion in assets as economy shifts during war in Ukraine, research shows

Russia seizes $50 billion in assets as economy shifts during war in Ukraine, research shows
Updated 6 sec ago
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Russia seizes $50 billion in assets as economy shifts during war in Ukraine, research shows

Russia seizes $50 billion in assets as economy shifts during war in Ukraine, research shows
  • ‘Fortress Russia’ uses host of mechanisms to take major assets
  • Some domestic businesses also face nationalization, report says

MOSCOW: Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the transformation into a “fortress Russia” economic model during the war in Ukraine, research showed on Wednesday.

The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market, others’ assets were expropriated and the assets of some major Russian businesses were seized by the state.

In response to what Russia called illegal actions by the West, President Vladimir Putin signed decrees over the past three years allowing the seizure of Western assets, entangling firms ranging from Germany’s Uniper to Danish brewer Carlsberg.

Besides the Western assets, major domestic companies have changed hands on the basis of different legal mechanisms including the need for strategic resources, corruption claims, alleged privatization violations, or poor management.

Moscow law firm NSP (Nektorov, Saveliev & Partners) said that the scale of what it called the “nationalization” amounted to 3.9 trillion roubles over three years, and it listed the companies involved.

The research was first reported by Kommersant, one of Russia’s leading newspapers, which said it illustrated a “fortress Russia” economic model.

The 1991 break-up of the Soviet Union ushered in hopes that Russia could transform into a free-market economy integrated into the global economy, but vast corruption, economic turmoil and organized crime undermined confidence in democratic capitalism through the 1990s.

Putin, in his first eight years in power, supported economic freedoms, targeted some so-called oligarchs and presided over a significant growth of the economy to $1.8 trillion in 2008 from $200 billion in 1999.

In the 2008-2022 period, the economy grew to $2.3 trillion, though Western sanctions hit it hard after Russia annexed Crimea from Ukraine in 2014, according to figures from the International Monetary Fund.

Though the Russian economy has performed better than expected during the war in Ukraine, its nominal dollar size in 2024 was just $2.2 trillion, according to IMF figures, much smaller than China, the European Union or United States.

‘Fortress Russia’

Russian officials say that the Ukraine war — the biggest confrontation with the West since the depths of the Cold War — has demanded extraordinary measures to prevent what they say was a clear Western attempt to sink the Russian economy.

Putin says the exit of Western firms has allowed domestic producers to take their place and that the Western sanctions have forced domestic business to develop. He has called for a “new development model” distinct from “outdated globalization.”

But the wartime economy, geared toward producing weapons and supporting a long conflict with Ukraine, has put the state — and those officials who operate it — in a much more powerful position than private Russian businesses.

Russian prosecutors are now seeking to seize billionaire Konstantin Strukov’s majority stake in major gold producer Uzhuralzoloto (UGC) for the state.

More than a thousand companies — from McDonald’s to Mercedes-Benz — have left Russia since the February 2022 start of Russia’s war in Ukraine by selling, handing the keys to existing managers or simply abandoning their assets.

Others had their assets seized and a sale forced through. 


Many Liberians take offense after Trump praises their president’s English

Many Liberians take offense after Trump praises their president’s English
Updated 1 min 29 sec ago
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Many Liberians take offense after Trump praises their president’s English

Many Liberians take offense after Trump praises their president’s English
  • In a meeting on Wednesday, Trump asked President Boakai where he had learned to speak the language “so beautifully”
  • English has been the official language of Liberia since the country’s founding in the 1800s by freed slaves from the US

MONROVIA, Liberia: US President Donald Trump’s praise of the “beautiful” English of Liberia’s President Joseph Boakai drew confusion Thursday in the English-speaking African country and umbrage over what many considered condescending remarks.

“Such good English,” Trump said to Boakai during an event at the White House, with visible surprise. “Such beautiful English.”

Although English has been the official language of Liberia since the country’s founding in the 1800s, Trump asked Boakai where he had learned to speak the language “so beautifully,” and continued as Boakai murmured a response. “Where were you educated? Where? In Liberia?”

 

The exchange took place Wednesday during a meeting in the White House between Trump and five West African leaders, amid a pivot from aid to trade in US foreign policy.

Boakai’s government said it took no offense at Trump’s remarks, but other groups in Liberia described the remarks as an insult.

The White House declined to comment on whether Trump was aware that English was Liberia’s official language. Massad Boulos, the president’s senior adviser for Africa, stressed that Trump “actually complimented the language skills of the Liberian president,” and that everyone at the meeting was ”deeply appreciative” of the president’s time and effort.

Trump’s comments draw mixed reaction

Liberia has had deep ties with the United States for two centuries, stemming from the drive to relocate freed slaves from the United States. It started in the 1820s when the Congress- and slaveholder-funded American Colonization Society began sending freed slaves to its shores. In 1847, the growing Americo-Liberian settlers declared themselves independent, setting up a government to rule over a native African majority.

Liberian Foreign Minister Sara Beysolow Nyanti said on X that “President Trump’s comment on Boakai’s ‘beautiful English’ simply acknowledged Liberia’s familiar American-rooted accent and no offense was taken.”

“Our linguistic heritage is deeply American‑influenced, & this was simply recognized by @realDonaldTrump. We remain committed to strengthening Liberia‑US ties, built on mutual respect, shared values, and meaningful partnership,” the minister said.

Foday Massaquio, chairman of Liberia’s opposition Congress for Democratic Change-Council of Patriots, said the remarks exemplified Trump’s lack of respect for foreign leaders, particularly African ones.

“President Trump was condescending, he was very disrespectful to the African leader,” Massaquio said, adding that it “proves that the West is not taking us seriously as Africans.”

Comments add to alarm over aid cuts

For many observers, Trump’s comments added to the sense of alarm and even betrayal over cuts in US aid to the African country.

The decision by US authorities earlier this month to dissolve the US Agency for International Development sent shockwaves across Liberia. American support previously had made up almost 2.6 percent of the gross national income, the highest percentage anywhere in the world, according to the Center for Global Development.

Liberians thought they would be spared from Trump’s cuts because of the countries’ close relationship. Their political system is modeled on that of the US, along with its flag. Liberians often refer to the US as their “big brother.”

Liberia's flag is patterned after the flag of the United States and is sometimes referred to as the Lone Star. 

Liberia was one of the first countries to receive USAID support, starting in 1961. The street signs, taxis and school buses resemble those in New York.

“Liberia is a long standing friend of the USA, therefore Trump should have understood that we speak English as an official language,” said Moses Dennis, 37, a businessman from Monrovia.

Condescension or praise?

Siokin Civicus Barsi-Giah, a close associate of former President George Weah, echoed the notion that Trump should have known that Liberians speak English.

“Liberia is an English speaking country,” he said. “Former slaves and slave owners decided to organize themselves to let go of many people who were in slavery in the United States of America, and they landed on these shores now called the Republic of Liberia.”

For him, the exchange was “condescending and ridiculing,” and he said: “Joseph Boakai was not praised. He was mocked by the greatest president in the world.”

Some observers, however, said that they believed Trump’s remarks genuinely were intended as praise.

“To some, the comment may carry a whiff of condescension, echoing a long-standing Western tendency to express surprise when African leaders display intellectual fluency,” said Abraham Julian Wennah, a researcher at the African Methodist Episcopal University.

But if one looks at “Trump’s rhetorical style,” the remarks were “an acknowledgment of Boakai’s polish, intellect, and readiness for global engagement,” he said.


Years later, key figures in Russia investigation face new scrutiny from Trump administration

Years later, key figures in Russia investigation face new scrutiny from Trump administration
Updated 11 July 2025
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Years later, key figures in Russia investigation face new scrutiny from Trump administration

Years later, key figures in Russia investigation face new scrutiny from Trump administration
  • Former FBI Director James Comey and former CIA Director John Brennan targetted in probe by Trump administration
  • Comey and Brennanamid were central players in the 2017 intel assessment on Russian election interference in the 2016 US election

WASHINGTON: FBI Director Kash Patel pledged at his confirmation hearing that the bureau would not look backward, but the Trump administration’s fresh scrutiny of the Russia investigation has brought back into focus a years-old inquiry that continues to infuriate the Republican president.

The Justice Department appeared to acknowledge in an unusual statement this week the existence of investigations into two central players from that saga, former FBI Director James Comey and former CIA Director John Brennan, amid a new report revisiting a 2017 intelligence community assessment on Russian election interference.

That the Russia investigation, which shadowed President Donald Trump through his first term, would resurface is hardly surprising given Trump’s lingering ire over the inquiry and because longtime allies, including Patel and current CIA Director John Ratcliffe, now lead the same agencies whose actions they once lambasted. Whether anything new will be found is unclear in light of the numerous prior reviews on the subject, but Trump has long called for investigations into Comey and Brennan, and Patel — in his memoir — placed them on a list of “members of the Executive Branch Deep State” deserving of derision.

“The conduct at issue or alleged conduct at issue has been the subject of numerous other investigations — IG investigations, special counsel investigations, other internal investigations, congressional investigations. And none of those past investigations turned up any evidence that led to criminal charges against any senior officials,” said Greg Brower, a former FBI senior executive and ex-US attorney in Nevada.

Word of the inquiry came as FBI and Justice Department leaders scramble to turn the page from mounting criticism from prominent conservatives for failing to release much-hyped files from the Jeffrey Epstein sex trafficking investigation. And as federal investigators have taken steps to examine the actions of other perceived adversaries of the administration, fueling concerns that the administration is weaponizing the criminal justice system for partisan purposes.

At issue now is a newly declassified CIA report, ordered by Ratcliffe, that faults Brennan’s oversight of a 2017 intelligence community assessment that found that Russia interfered in the 2016 presidential election because Russian President Vladimir Putin aspired to see Trump beat Democratic opponent Hillary Rodham Clinton.

The report does not challenge that conclusion but chides Brennan for the fact that a classified version of the intelligence assessment included a two-page summary of the so-called “Steele dossier,” a compilation of opposition research from a former British spy that included salacious and uncorroborated rumors about Trump’s ties to Russia.

Brennan testified to Congress, and also wrote in his memoir, that he was opposed to citing the dossier in the intelligence assessment since neither its substance nor sources had been validated. He has said it was included at the FBI’s urging.

But the new report casts Brennan’s views in a different light, asserting that he “showed a preference for narrative consistency over analytical soundness” and brushed aside concerns over the dossier because of its “conformity with existing theories.” It quotes him, without context, as having written that “my bottomline is that I believe that the information warrants inclusion in the report.”

Fox News reported Tuesday evening that the FBI had begun investigating Brennan for potentially making false statements to Congress as well as Comey, though the basis for that inquiry is unclear. A person familiar with the matter confirmed to The Associated Press that Ratcliffe, a staunch Trump defender and vocal critic of the Russia investigation, had referred Brennan to the FBI for possible investigation.

The person spoke on condition of anonymity to discuss a referral that has not been made public.

A Justice Department spokesperson issued a statement Wednesday referencing, without elaboration, the “criminal investigations” of Brennan and Comey, saying the department did not comment on “ongoing investigations.” It was not clear if the statement also referred to the continued scrutiny of Comey over the Instagram post. The FBI declined to comment.

Representatives for the men declined to comment this week, though Brennan said in an MSNBC interview on Wednesday that he had not been contacted by the FBI and knew nothing about an inquiry. He said he remained proud of the work intelligence agencies did to examine Russian interference in the 2016 election.

“I think this is unfortunately a very sad and tragic example of the continued politicization of the intelligence community, of the national security process,” Brennan said. “And quite frankly, I’m really shocked that individuals who are willing to sacrifice their reputations, their credibility, their decency to continue to do Donald Trump’s bidding on something that is clearly just politically based.”

A lengthy investigation by former special counsel John Durham that reviewed the intelligence community assessment as well as the broader Russia investigation did not find fault with Brennan.

Comey has separately been interviewed by the Secret Service after a social media post that Republicans insisted was a call for violence against Trump. Comey has said he did not mean the Instagram post as a threat and removed it as soon as he realized it was being interpreted that way.

The Justice Department has taken steps in recent months to scrutinize other people out of favor with Trump opening inquiries into whether former New York Gov. Andrew Cuomo lied to Congress about his state’s response to the coronavirus pandemic and into whether New York Attorney General Letitia James, who has sued Trump and his company, engaged in mortgage fraud. Both have vigorously denied wrongdoing. In other instances, the Justice Department has been directed by Trump to examine the actions of ex-government officials who have criticized him.

At the same time, the department refrained from opening an investigation into administration officials who disclosed sensitive military plans on a Signal chat that mistakenly included a journalist.

“Donald Trump is not interested in justice — he’s interested in settling scores and he views the vast prosecutorial powers of the Department of Justice as a way to do that,” said Liz Oyer, who was fired in March as the Justice Department’s pardon attorney after she says she refused to endorse restoring the gun rights of actor Mel Gibson.