IMF chief makes the case for carbon pricing as ‘writing on the wall’ for oil and gas
The head of the International Monetary Fund on Sunday underlined the case for carbon pricing at the COP28 climate summit.
7.6-magnitude earthquake strikes off Philippines coast
A 7.6-magnitude earthquake struck off the southern coast of the Philippines Saturday night, prompting a tsunami warning. There were no immediate reports of significant damage or injuries.
Renewed concerns for civilians as Israel intensifies southern Gaza assault
Israeli soldier: warning signs were ignored before Oct. 7 Israel pounded targets in the southern Gaza Strip on Saturday, intensifying a renewed offensive that followed a weeklong truce with Hamas …
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead.
Combat resumes in Gaza as Israel accuses Hamas of violating cease-fire
NYT: Israel knew Hamas attack plan a year prior The temporary cease-fire in the war between Israel and Hamas ended Friday morning after a week, as both parties confirmed that …
Bill Gates warns the world is likely to smash through a critical warming threshold
Billionaire philanthropist Bill Gates on Friday said the world is likely to overshoot 2 degrees Celsius of global warming.
Japan asks U.S. to ground Ospreys amid search for crew in deadly crash
At least 1 killed, 7 missing in Osprey crash Tokyo — The search for seven American service members continued Thursday in Japan’s waters after a U.S. Air Force Osprey aircraft …
Euro zone inflation sinks to 2.4%, below expectations
Euro zone price rises cooled to 2.4% November, flash figures showed.
U.S. military Osprey crashes into ocean near southern Japan island
A U.S. military Osprey aircraft crashed into the ocean Wednesday near the small southern Japanese island of Yakushima with six people on board, killing at least one crew member, Japan’s …
Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate hikes
The market is getting ahead of the likely pace of U.S. interest rate cuts, according to IBM Vice Chairman Gary Cohn.