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tschram

Rich nations hit brakes on climate aid to poor at UN talks

BERLIN (AP) — Rich countries including the European Union and the United States have pushed back against efforts to put financial help for poor nations suffering the devastating effects of global warming firmly on the agenda for this year’s U.N. climate summit.

Members of Queen, the Police, Rush to honor Taylor Hawkins

NEW YORK (AP) — The twin concerts for Foo Fighters’ late drummer Taylor Hawkins will include Miley Cyrus, Liam Gallagher, Joan Jett, Mark Ronson, members of Queen, The Police, Rush, Kiss, The Pretenders, Motley Crue, Queens of the Stone Age, Rage Against The Machine, Red Hot Chili Peppers, Supergrass and comedian Dave Chappelle.

Fed’s aggressive rate hikes raise likelihood of a recession

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession.

Firm behind popular US dollar stablecoin to launch Euro Coin

NEW YORK (AP) — Cryptocurrency company Circle said Thursday that it will start issuing its first euro-denominated cryptocurrency, a stablecoin known as Euro Coin, later this month. It would be the first stablecoin in euros — the world’s second-most-important reserve currency after the U.S.

In energy-strapped Europe, coal gets a Greek encore

KOZANI, Greece (AP) — At Greece’s largest coal mine, controlled explosions and the roar of giant excavators scooping up blasted rock have once again become routine. Coal production has been ramped up at the site near the northern Greek city of Kozani as the war in Ukraine forced many European nations to rethink their energy supplies.