The environment minister announced India’s climate pledges after the government submitted to the United Nations a new plan for tackling climate change, ahead of the COP21 meeting in November that will seek to forge a global agreement on curbing Earth-warming emissions.
In a joint announcement by Xi Jinping and Barack Obama in Washington DC, China and U.S. promised to take further joint action in a “common vision” aimed at delivering a meaningful climate deal in Paris at the end of this year.
European markets ended solidly in negative territory as concerns over China returned to the forefront, after some disappointing economic data, prompting further weakness in commodity prices. In America, the US crude benchmark CLc1, West Texas Intermediate (WTI) settled down...
Wall Street started the week with another round of selling, placing the market squarely in “correction” mode. This is just the latest data point out of the world’s second- biggest economy that suggests economic softening.