NEW DELHI: US climate envoy John Kerry on Tuesday (Apr 6) pressed India, the world's third-biggest carbon emitter, to set more ambitious green goals ahead of UN talks in late 2021 and Joe Biden's upcoming climate summit. A spokesperson for the US embassy in New Delhi, where Kerry arrived on Tuesday for talks with officials and NGOs, said that India was a "critical part of the solution to the climate crisis." Bloomberg News reported last month that top Indian government officials were debating whether to follow dozens of other countries in setting a goal of net zero emissions by mid-century. When Kerry's April trip to the United Arab Emirates, India and Bangladesh was announced, Washington said the aim was "increasing climate ambition" ahead of President Biden's Apr 22 to Apr 23 summit and the UN negotiations in Glasgow in November. "A key focus for our administration is supporting and encouraging India's decarbonization efforts through clean, zero, and low-carbon investment, ... » Learn More about Kerry presses India ahead of Biden climate summit
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Economist sees slim chance of 5% GDP growth
The Philippine economy may be hard-pressed to even grow by 5 percent this year as no relief is yet in sight from the coronavirus (COVID-19) pandemic a year since the outbreak, prompting a return to tough lockdown protocols. This was according to Romeo Bernardo, economist at New York-based think tank Global Source, who said in a research note dated April 5 that the present crisis was a “concrete display of what has kept us worried all this time and why we have not been able to shake off a more pessimistic outlook for the economy.” At the beginning of the year, median forecasts of 13 institutions polled by the Inquirer indicated that the Philippines might grow by 6.5 percent this year, rebounding from the trecord 9.5-percent contraction last year. With the recent return to hard lockdowns due to surging COVID-19 cases last month, various analysts have downgraded their GDP growth forecasts with cuts of as much as 1.8 percentage points, reducing projected growth to below 6 percent. ... » Learn More about Economist sees slim chance of 5% GDP growth
US sees possible ‘impasse’ as it clashes with Iran on sanctions
FILE PHOTO: The Iranian flag waves in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, March 1, 2021. REUTERS/Lisi Niesner/File Photo/File Photo VIENNA — U.S. and Iranian officials clashed on Friday over what sanctions the United States should lift to resume compliance with the 2015 nuclear deal, with Washington predicting an impasse if Tehran sticks to a demand that all sanctions since 2017 be removed. The two nations laid out tough stances as indirect talks in Vienna on how to bring both back into full compliance with the agreement wound up for the week, with some delegates citing progress. The talks, in which European Union officials are shuttling between the remaining parties to the deal and the United States, aim to restore the bargain at the core of the agreement – restrictions on Iran’s nuclear activities in exchange for the lifting of U.S. and other international sanctions. The United States was the first to renege on that bargain ... » Learn More about US sees possible ‘impasse’ as it clashes with Iran on sanctions