The global oil market points to short-term weakness ahead of the EU embargo on Russian oil

NEW YORK (Reuters) – The global oil market is signaling a possible turnaround, as traders and analysts worry about lower demand for crude and an oversupply market in the coming months. After months of strength, crude oil futures are tipping to lows not seen all year as top oil consumer China enters additional COVID-19 lockdowns … Read more

Canada launches new Indo-Pacific strategy, focused on ‘disruptive’ China

OTTAWA (Reuters) – Canada on Sunday launched its long-awaited Indo-Pacific strategy, pledging more resources to deal with a “troubled” China as it works with the world’s second-biggest economy on climate change and trade issues. The 26-page document outlined spending of C$2.3 billion ($1.7 billion), including to bolster Canada’s military presence and cyber security in the … Read more

A grim winter looms as Russian strikes cripple Ukraine’s energy capacity

Ukrainians with little or no warming up after the bombing Temperatures in several areas are already below freezing Kherson residents receive an offer to evacuate to safer areas Ukrainian security forces raid the famous Kyiv Monastery Kyiv (Reuters) – President Volodymyr Zelensky pleaded with Ukrainians to conserve energy amid relentless Russian strikes that have halved … Read more

More than 160 killed in the Indonesia earthquake, and the search for survivors continues

CIAANUR, Indonesia (Reuters) – A powerful earthquake killed more than 160 people in Indonesia’s West Java province on Monday, as rescuers searched for survivors trapped under rubble amid a series of aftershocks. The epicenter of the quake, which measured 5.6 on the Richter scale, was near the town of Cianjur in West Java, 75 km … Read more

Marine heat waves in the Mediterranean threaten coastal livelihoods

KIRKANAH ISLANDS, Tunisia, NOV 13 (Reuters) – (This story was corrected on November 13 to show that the sea temperature is 1.2°C higher than it was 30 years ago, not 0.4°C, in paragraph 18) A decade ago, the nets of Tunisian fisherman Ahmed Cheli were bloated with fish and octopus that he sold at the … Read more

COP27: Polluters must pay for climate change, poor countries say to the rich

Island nations demand global carbon tax “While they win, the planet is burning” Fears grow over hunger striker imprisoned in Egypt SHARM EL-SHEIKH, Egypt (Reuters) – Leaders of poor countries criticized rich governments and oil companies for causing global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that … Read more

African heritage sites in danger as the planet warms

Dozens of African monuments threatened by climate impacts The ruins of Carthage, Sabratha and Mount Kilimanjaro are in danger Lack of Funding, Research Hinders Conservation Efforts NAIROBI, Nov 8 (Thomson Reuters Foundation) – From the snow-capped summit of Mount Kilimanjaro to the ruins of the ancient Tunisian city of Carthage and Senegal’s slave island of … Read more