G7

Japanese Prime Minister Fumio Kishida has vowed to stop building new coal-fired power plants that lack measures to cut carbon emissions.

The announcement was made at the UN's COP 28 climate summit in Dubai, as Japan, heavily reliant on imported coal and other fossil fuels, aims to become carbon-neutral by 2050.

In a significant diplomatic development, US Secretary of State Antony Blinken has called for the establishment of a unified Palestinian-led government in Gaza and the West Bank following the cessation of hostilities, marking a crucial step towards Palestinian statehood.

He said at a press conference after the G7 meeting in Tokyo that everyone wants "to end the conflict as soon as possible and to minimize the suffering of civilians in the meantime", reports the Guardian.

Israeli Minister Benjamin Netanyahu has announced that there will be no ceasefire or fuel delivery to the Gaza Strip until Hamas releases all Israeli prisoners.
On the other hand, U.S. President Joseph Biden asked Israeli Prime Minister Benjamin Netanyahu for a temporary pause in Israel's military operations in the Gaza Strip.

A financial agreement for a $125 million loan to ONEX Elefsis Shipyard and Industries (ONEX) was signed by the US International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan on Monday to rehabilitate and modernize the Elefsina shipyard near Athens.

Those drones, let's recall, are used by Russia in attacks on Ukrainian territories.
In a 47-page document submitted by the Ukrainian government to the G7 governments in August, Kyiv claims that in the previous three months there have been more than 600 attacks by Russian unmanned aerial vehicles (UAVs) containing Western technology, London's Guardian reports.

The U.K.'s inflation-fuelled cost-of-living crisis is set to "cut lives short" and "significantly widen the wealth-health gap", according to a study published by open access journal BMJ Public Health.

Should they stay or should they go now? Eighteen months after the start of the war in Ukraine, many Western companies in Russia are still assessing the pros and cons.

According to a count by the Yale University, around a hundred companies from the G7 nations are still operating in Russia, but the numbers appear to be dropping.

The price cap on energy bills for most British households is to fall again, regulator Ofgem announced on Aug. 25, offering mild relief amid the ongoing cost-of-living crisis.

Bills will decline from October thanks to a further fall in wholesale energy prices, which had soared in the wake of the post-COVID recovery and the war in Ukraine.

Brazil, Russia, India, China, and South Africa as presiding country, are convening to consider membership requests from 22 countries, including Egypt, the United Arab Emirates, Argentina, Saudi Arabia, and Iran.