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International

Gavin Jones

G20 agrees statement on environment, struggles over climate progress

10:54am EDT

NAPLES (Reuters) -Environment and energy ministers from the Group of 20 rich nations were making little progress on Thursday on how to reach climate goals, officials said, with a cluster of countries resisting any firm commitments.

Where's the money? Climate activists ask G20 as talks drift

8:06am EDT

NAPLES, July 22 Environment and energy ministers from the Group of 20 rich nations were making little progress on Thursday on how to reach climate goals, officials said, with a cluster of countries resisting any firm commitments.

Exclusive - Italy bans cruise liners from Venice, after years of hesitation

Jul 13 2021

ROME Italy on Tuesday banned cruise liners from Venice lagoon to defend its ecosystem and heritage, moving to end years of hesitation and putting the demands of residents and culture bodies above those of the tourist industry.

Virus variants threaten global recovery, G20 warns

Jul 12 2021

VENICE, Italy (Reuters) -An upsurge in new coronavirus variants and poor access to vaccines in developing countries threaten the global economic recovery, finance ministers of the world's 20 largest economies warned on Saturday. | Video

BlackRock CEO calls for stronger climate finance plan at G20 meet

Jul 11 2021

VENICE BlackRock Chief Executive Larry Fink on Sunday called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy.

Don't rely on markets to see inflation threat, says Summers

Jul 11 2021

VENICE Former U.S. Treasury Secretary Lawrence Summers said technical factors were probably at play in the recent surge in bond markets and warned that markets may be underestimating the risk of inflation.

Multinationals tax shift unlikely until 2022, says Yellen

Jul 11 2021

VENICE (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to tax large, highly profitable multinational companies may not be ready for consideration by lawmakers until spring 2022. | Video

Find $75 billion to head off next pandemic, top panel tells G20

Jul 10 2021

VENICE COVID-19 is probably only a forerunner of increasingly dangerous pandemics in the future and governments need to find $75 billion over the next 5 years to prepare for them, a panel of experts told finance ministers of the Group of 20 rich countries on Friday.

World News

'Pingdemic' puts Britain's food supply under strain

LONDON (Reuters) -British supermarkets said on Thursday that some products were in short supply and petrol stations had been forced to close after the official health app told hundreds of thousands of workers to isolate following contact with someone with COVID-19.