Exclusive: US weighs sending 100-mile strike weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. US and allied military inventories are shrinking, and Ukraine faces an increasing … Read more

US prepared to authorize Chevron to boost Venezuela’s oil output

US ready to allow oil giant to produce, sell Venezuelan oil Chevron is owed billions in unpaid debts by state-run PDVSA US aims to shift Venezuelan oil sales from shadow firms HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win US approval to expand operations in Venezuela and resume trading its oil once the … Read more

Indian tycoon Adani’s mega port hangs in the balance as a fishing community protests

VIZHINJAM, India, Nov 23 (Reuters) – On the main road to billionaire Gautam Adani’s planned Vizhinjam mega port on the southern tip of India, a shelter built by the coastal region’s Christian fishing community blocks the entrance, preventing further construction. The simple 1,200 square-feet structure with a corrugated-iron roof has since August stood in the … Read more

Bankers bet billions on new wave of debt-for-nature deals

More countries linking debt costs to conservation goals Seychelles, Belize, Barbados among those to strike deals Ecuador swap could be biggest yet at $800 million Cape Verde, Sri Lanka and others are also exploring deals SHARM EL-SHEIKH, Egypt, Nov 17 (Reuters) – The Galapagos Islands, whose thousands of unique species inspired Darwin’s theory of evolution, … Read more

UK faces record hit to living standards as tax hikes loom

Britain facing record living standards hit UK economy in recession, set to shrink in 2024 Almost half of 55 billion-pound belt-tightening from tax rises Budget watchdog sees 7% hit to living standards IFS think-tank says bulk of the hit to come after 2024 LONDON, Nov 17 (Reuters) – Britain faces a record hit to living … Read more

COP27 negotiators still far apart on strong climate deal

G20 leaders expressed support for climate action Lula boosts COP27 with ‘Brazil is back’ message But countries struggle for climate deal in Egypt SHARM EL-SHEIKH, Egypt, Nov 16 (Reuters) – Countries were far from agreeing the contours of a climate deal at the COP27 summit in Egypt on Wednesday, with the host country urging negotiators … Read more