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COP29 summit ends with ‘paltry’ US$300 billion climate finance deal; no change for China’s contributions

By Nick Perry, Laurent Thomet and Shaun Tandon The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a US$300 billion a year pledge from wealthy historic polluters as insultingly low. The closing plenary of COP29, in Baku, Azerbaijan, on November 24, 2024. Photo: COP29 […]

Civil war economy hits Myanmar garment workers

By AFP As civil war pounds Myanmar’s economy and drives up prices, garment worker Ma Wai Wai often starts her shift making clothes for international brands on an empty stomach. The orders she and thousands of others churn out for big names including Adidas, H&M and others bring in billions of dollars in export earnings […]