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U.S. stock futures indicate a positive start on Wall Street, buoyed by recent inflation data and the avoidance of a government shutdown. The dollar remains strong due to high bond yields, while European markets face challenges amid political turmoil and a declining euro. Oil prices are pressured by a robust dollar and concerns over Chinese demand.
Developed nations are urged to contribute $300 billion annually by 2035 to assist poorer countries in addressing climate change, as outlined in a draft deal from COP29 talks in Baku. This new target replaces the previous $100 billion commitment, which was met late, and reflects ongoing tensions between wealthy and developing nations over climate finance responsibilities. The agreement also includes rules for a global carbon credit market aimed at mobilizing additional funding for climate initiatives.
Alex Smith
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
us stock futures rise as inflation data boosts investor sentiment
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13:42 23.12.2024
rich nations urged to provide 300 billion annually for climate finance by 2035
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22:42 23.11.2024
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