Saturday, October 30, 2021

Six In The Morning Saturday 30 October 2021

 

G20: Climate and Covid top agenda as world leaders meet


Climate change and Covid are top of the agenda of leaders from the world's major economies meeting in Italy.

It is the first time the G20 leaders are meeting face-to-face since the start of the pandemic.

However, China's Xi Jinping and Russia's Vladimir Putin are not in Rome for the summit, choosing to appear via video link instead.

The talks come amid increasingly dire warnings for the future if urgent action is not taken to cut emissions.

Here to stay or gone in 30 years? Inside the fight over the future of the oil industry


Updated 0451 GMT (1251 HKT) October 30, 2021


The people who made their fortunes in the oil capital of Europe need a new plan.

For decades, Aberdeen, a port city on Scotland's northeast coast, has served as the commercial gateway to the North Sea, where powerful companies have navigated deep and dangerous waters to extract tens of billions of barrels of crude.
But the basin isn't what it used to be, even with oil back above $80 per barrel. Production has been on the decline since the turn of the century. Downturns caused by twin price shocks — one in 2015 and one triggered by the Covid-19 pandemic — are harrowing reminders of what happens when a boom turns bust.



Ethiopia: Tigrayan forces ‘seize strategic town in Amhara region’


TPLF fighters say they have captured Dessie, the furthest south they have reached since July

Reuters in Addis Ababa

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