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Terraform Labs’ founder, Do Kwon, is set to be extradited to the U.S. following months of speculation, according to a report from the Wall Street Journal released Thursday.

Canada will require its oil and gas industry to cut emissions to 35 per cent to 38 per cent below 2019 levels in six years in what the government is calling a historic first for a major fossil-fuel producing country.

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.

Ukraine. While the G-7 and its European allies have been trying to find additional ways to squeeze Russia’s economy to constrain its ability to fund its war in Ukraine, diamonds have remained a stumbling block. Earlier attempts to sanction Russian gems in Europe had met resistance from leading importer nations like Belgium, which had argued that a simple ban would just shift the lucrative gem trade elsewhere.

a balance between anthropogenic emissions…and removals". Residual, “hard to abate" emissions of greenhouse gases were to be balanced by the withdrawal of carbon dioxide already in the atmosphere. The project at Fujairah aims to show one of the ways in which what went up can come down, and the way of the world be righted.

Kazakhstan and accelerating economic growth. India is one the countries from where Kazakhstan is seeking FDI. As stipulated in the decree, the Investment Promotion Council will have the power to make binding decisions on both central and local government bodies and entities in the quasi-public sector.

Narendra Modi before leaving for the world’s biggest climate conference being held in Dubai. During his address at the opening plenary, Modi said India has shown the way forward for countries on how they can strike a balance between development and environment conservation and reiterated India’s commitment towards ensuring a greener planet.

celebrity documentaries! Loads of celebs are jumping into the spotlight, making films about their own lives. And check this out – even Beyoncé is in on it with "Renaissance: A Film." In this documentary, she's not just the star; she's the boss, doing everything from writing, directing, and producing to telling the story. As per a report by the Guardian, these documentaries often paint a rosy picture, leaving out the not-so-pleasant bits.

A Dubai-based British hedge fund trader sought by Danish authorities for allegedly orchestrating a $1.7 billion tax fraud, considered one of the largest in the Scandinavian country, has been extradited from the United Arab Emirates

WASHINGTON—During more than a dozen phone calls to discuss the war in Gaza between President Biden and Prime Minister Benjamin Netanyahu, a U.S. official, who has become increasingly involved in the administration’s handling of the conflict, was listening in: Vice President Kamala Harris.

(Reuters) — European Union scientists said on Wednesday that 2023 would be the warmest year on record, as global mean temperature for the first 11 months of the year hit the highest level on record, 1.46°C (34.63°F) above the 1850-1900 average.

visa policies for nearby international destinations have fueled a surge in airfares, impacting travel choices. Popular and easily accessible destinations like Thailand, Sri Lanka, and Malaysia have become visa-free for Indian travelers, leading to a spike in demand and subsequently driving airfares to new highs. Almost all international airlines, with the exception of the United States, have fully resumed connections to India. Indian carriers have also increased flights abroad for the winter season, resulting in more competitive airfares to distant European and North American destinations. According to a TOI report, the Delhi-Phuket economy return this Christmas starts at Rs 50,000, significantly higher than the average of Rs 30,000 a few months ago. In contrast, Delhi-London flights begin at Rs 70,000, a notable reduction from the Rs 90-95,000 range seen during the summer. “In comparison to last year, all international airlines are now operational for routes like Delhi-Dubai, or Saudi and to London, hence airfares for these sectors are down by about 20-25%. On the other hand, airfares for popular Southeast Asian destinations like Vietnam, Thailand and Malaysia have more than doubled in comparison to last year for this period,” a spokesperson for travel portal Yatra told TOI. Anil Kalsi, Vice President of the Travel Agents Federation of India, told TOI that there is a «serious» demand for both domestic and international destinations this winter, with Southeast Asia being particularly popular. The visa-free status has made a significant impact, with destinations like Thailand witnessing a doubling of Indian tourist arrivals after granting visa exemption from November 10, 2023.

SpiceJet flight SG-15 made an emergency landing here around 9.30 pm on Tuesday and a passenger was given medical assistance. "The Boeing 737 aircraft was going from Ahmedabad to Dubai when a 27-year old passenger, Dharwal Darmesh, suffered a suspected heart attack and needed medical attention," a spokesperson of the Civil Aviation Authority (CAA) said here.

An international team of more than 200 researchers identified 26 natural processes or features at risk of being suddenly and irreversibly disrupted by climate change, including ice sheets, tropical rainforests, mountain glaciers, ocean currents and coral reefs. They found that the mass death of warm-water coral reefs is likely at current levels of warming (1.2C), while four other processes — the collapse of Greenland and West Antarctic ice sheets, disruption of the North Atlantic subpolar gyre circulation and abrupt thawing of permafrost regions — are considered possible. The researchers also identified positive tipping points, including rapid improvement in battery technologies as electric cars become more popular — a development that could in turn could make the widespread use of renewable energy easier. The report is a “tale of two future paths for humanity,” lead author Tim Lenton, a professor of climate change and earth system science at Exeter’s Global Systems Institute, said in a press briefing.

A proposal from New Mexico Gov. Michelle Lujan Grisham would underwrite development of a strategic new source of water by buying treated water that originates from oil fields as well as the state’s vast natural underground reservoirs of brine

COP fest is underway again — this time with 70,000 participants and unlimited gyaan in Dubai. Already there's been a good kerfuffle. The Guardian reported last week that in an online event in November, COP president and head of Abu Dhabi National Oil Company, Ahmed Al Jaber, had stated there is 'no science out there' that says that a phase-out of fossil fuels will achieve restricting global heating to 1.5° C.

Paris Agreement goals, however there is little agreement on what needs to be done to get back on track. Differences remain on how to tackle fossil fuels, emphasis on coal as negotiators continue with their efforts to narrow differences before ministers take over at the end of the week. The global stock take is the main deliverable of the Dubai talks. It is the ambition mechanism of the Paris Agreement, where countries collectively assess progress across all pillars — emissions reduction, adapting to impacts of climate change, loss and damage, means of implementation, including finance. The text released early morning on Tuesday puts together several options representing country or negotiating group positions.

The United States will work with other governments to speed up efforts to make nuclear fusion a new source of carbon-free energy, U.S. Climate Envoy John Kerry said Tuesday, while in Dubai for U.N. climate talks

What sort of climate deal is a summit hosted by the world’s third-largest net oil exporter most likely to pull off? The type that boosts revenues for petroleum companies. The Oil and Gas Decarbonization Charter unveiled at the United Nations CoP-28 summit in Dubai counts as one of the most substantive pacts to have emerged from the conference so far. The agreement includes most of the traditional Western oil majors, state producers from Saudi Arabia and hosts the United Arab Emirates, between them accounting for about 40% of global oil output.

By Alexander Cornwell

By Kate Abnett, William James and Valerie Volcovici