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Merkel under pressure on coal ahead of G7 climate push

Chancellor Angela Merkel is hoping to send a robust message on climate change from a G7 summit this weekend but may be undermined by Germany's own heavy dependence on coal.
 
Europe's top economy sees itself as a pioneer among industrialised nations for its "energy transformation" pushing the development of renewables while phasing out nuclear power.
 

Bad Weather Forces Solar Impulse into Emergency Landing

An unscheduled stop of the Solar Impulse plane in Japan has hampered its bid to break a world record.

"Decision taken for intermediate landing in Nagoya & wait for better conditions," Bertrand Piccard, the initiator of the venture who has been developing the solar-powered plane for years, announced on Twitter as the the plane was en route to Hawaii from China.

Euro pressured by Greek worries, dollar near recent peak vs yen

The euro was on the defensive on Monday after Greece missed a self-imposed Sunday deadline for reaching an agreement with its lenders to unlock aid, keeping alive fears of a debt default.

The euro eased 0.4 percent to $1.0952 EUR=, retreating from Friday's high of $1.1006. Against the yen, it slipped to 135.95 EURJPY=R from 136.49.

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