Last year’s deforestation pledge slowly started

São Paulo (Reuters) – A year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to fund protection measures or pass new conservation laws, experts say. This pledge was widely praised at last year’s COP26 climate summit, especially after the signings by Brazil, Indonesia and Congo. The three … Read more

The Fed is raising interest rates significantly, indicating possible smaller increases in the future

The US central bank raises interest rates by 75 basis points Powell says the time to reassess the pace of rate hikes is ‘coming’ WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it continued to battle the worst spread of inflation in 40 years, … Read more

EXCLUSIVE: Thousands of workers fired in Qatar’s capital ahead of World Cup

Buildings housing Asian and African workers have been emptied Some residents gave two hours to leave the house World Cup highlights Qatar’s treatment of workers DOHA (Reuters) – Workers expelled from their homes told Reuters that Qatar has emptied housing complexes housing thousands of foreign workers in the same areas in the center of the … Read more

Truss defends her economic plan as UK Conservatives gather

The Prime Minister defends the economic plan, saying it is correct He also tries to reassure the audience Kwarteng says he made a decision about the higher tax rate BIRMINGHAM, England (October 2) (Reuters) – British Prime Minister Liz Truss tried to reassure her party and the public on Sunday that she should have done … Read more

EXCLUSIVE Grab sees no major layoffs despite weak market

A man walks past an office in Singapore, March 26, 2018. REUTERS/Edgar Su Register now to get free unlimited access to Reuters.com Register SINGAPORE (Reuters) – Grab, Southeast Asia’s largest ride-hailing and food delivery company, isn’t envisioning mass layoffs as some competitors have, and is hiring selectively, while reining in its financial services ambitions. Chief … Read more

Traffic, water shortages and now floods: the slow death of India’s tech hub?

A large part of Bengaluru has been submerged in recent floods Forced residents to wade into deep water The unrest raises questions about the city’s future as a technology hub Authorities have vowed to act, but severe weather may complicate plans BENGALURU (Reuters) – Harish Polanor spent weekends in the late 1980s wandering the swamps … Read more

The Northeast US faces potential power shortages as rails begin to close

Unused oil tanker cars appear on the New York West Pennsylvania Railroad outside Hinsdale, New York, August 24, 2015. Photo taken August 24, 2015. REUTERS/Lindsay Dedario/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Some trains carrying fuel components to the northeastern United States have been halted in … Read more