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Building coal-fired power plants 'irresponsible': US climate envoy
Building coal-fired power plants 'irresponsible': US climate envoy
Economy
by  AFP

Building and funding coal power plants is "irresponsible," US climate envoy John Kerry said Friday, calling "greed" the biggest impediment to climate action. Speaking in Singapore, the former US chief diplomat said it was now "irresponsible to be funding or building a coal-fired power plant anywhere in the world."

Equities in retreat as Powell warns rate hikes still on table
Equities in retreat as Powell warns rate hikes still on table
Economy
by  AFP

Asian stocks sank Friday and the dollar held gains after Federal Reserve boss Jerome Powell warned he "will not hesitate" to hike interest rates further in his quest to bring inflation to heel. The dollar rallied against its key peers after the remarks, and it held those in Asia on Friday.