Wealthy countries have pledged $100 billion a year to help reduce the effects of global warming. But Reuters found large sums going to projects including a coal plant, a hotel and chocolate shops.
- WorldAnalysis: US debt-ceiling deal dooms Biden's revolutionary tax plans
U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday.
- MarketsWall Street rises on hopes of Fed pausing hikes, debt ceiling deal cheer
U.S. stock indexes closed up on Thursday as signs of slowing wage pressure on inflation raised hopes the Federal Reserve will pause raising interest rates in two weeks, and investors welcomed a vote in Congress to suspend the U.S. debt ceiling.
- WorldBiden says Sweden will 'soon' join NATO at U.S. Air Force address
U.S. President Joe Biden predicted on Thursday Sweden will join NATO "soon", speaking at the U.S. Air Force Academy days after he hinted at a possible deal to overcome Turkey's opposition to admitting the Nordic country to the alliance.
