Sunday, February 23, 2025

Obama: Climate Deal Needs Legally Binding Periodic Reviews

From Breaking News Ireland US president Barack Obama has said the emerging global climate agreement must have transparency provisions and periodic reviews of carbon-cutting targets that are legally binding. Mr Obama is commenting on the legal framework for the agreement during a meeting with leaders of island nations hit hard by climate change. He said the specific targets each country

Take Two: Halliburton/Baker Hughes Refile Merger Proposal to European Commission

First Proposal Denied due to “Insufficient Data” Halliburton (ticker: HAL) remains adamant on closing its $35 billion merger with Baker Hughes (ticker: BHI) by year-end, and the two oilservice giants progressed on the antitrust side by resubmitting a regulatory filing to the European Commission (EU) on November 27, 2015. The previous proposal, submitted in July, was denied due to “insufficient

Bernie Sanders Opposes Northeast Energy Direct Pipeline

From the Washington Examiner Vermont Sen. Bernie Sanders announced his opposition to a new natural gas pipeline project in the northeastern states. A long-time critic of the Keystone XL pipeline, the Democratic presidential candidate reminded the audience at the Jefferson-Jackson Dinner in Manchester, N.H., that he believes climate change is the greatest challenge facing the U.S. “And that is why

China’s Currency Becomes IMF’s Fifth Reserve Currency

Status Bump: China’s renminbi joins the dollar, euro, pound and yen as an IMF reserve currency The International Monetary Fund (IMF) announced Monday that the international lender will include the Chinese renminbi, or yuan, in its basket of currencies that make up the Special Drawing Right (SDR), it said in a release. The IMF’s decision will be effective as of