In brief | 25 Oct '24
Bloomberg:
Finance minister Christian Lindner highlighted that the 鈧�7 billion in subsidies earmarked for US chipmaker Intel Corp in 2024 鈥� which paused its investment on a factory in eastern Germany 鈥� will be used exclusively to make up for the budget shortfall.
Reuters:
Germany has not traditionally had close defence ties with India, but is now pitching to join the latter's effort to wean its arms base from decades of dependence on Russia, at a time when the West seeks to counter China's growing influence.
AFP:
A Swedish court on Thursday (24 October) gave the green light to begin construction on a nuclear waste repository where spent fuel will be buried for up to 100,000 years. The project would make Sweden one of the first countries in the world, along with Finland, to bury its spent atomic fuel for that length of time in a bid to solve the long-running question of what to do with nuclear waste.
Bloomberg:
Madagascar is the only country to strengthen its 2030 climate target, meaning there are currently no signs the planet is on track to change its dangerous emissions trajectory.
Full report:
Reuters:
The leading U.N. body on climate change is experiencing a severe budget shortfall, according to a Reuters analysis of documents from the world body - a funding gap that diplomats said could impair international climate dialogue.
