US accused of ‘bully-boy’ tactics to sink climate deal

Financial TimesSunday, November 2, 2025 at 1:00:09 PM
US accused of ‘bully-boy’ tactics to sink climate deal
The US has been accused of using aggressive tactics to undermine a crucial climate deal aimed at achieving net zero emissions in the shipping industry. Officials claim that threats were employed to derail negotiations, raising concerns about the integrity of global diplomacy. This situation is significant as it highlights the challenges in international cooperation on climate issues, which are vital for addressing the global climate crisis.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Bessent says high US interest rates may have caused housing recession
NegativeFinancial Markets
Bessent has pointed out that the high interest rates in the US may be a significant factor contributing to the ongoing housing recession. This situation is crucial as it affects homebuyers, sellers, and the overall economy, highlighting the challenges faced by the housing market and the potential for a prolonged downturn.
US probes near miss between Southwest Airlines jet and helicopter
NeutralFinancial Markets
The US is investigating a near miss incident involving a Southwest Airlines jet and a helicopter. This probe is crucial as it highlights ongoing safety concerns in aviation, especially in busy airspace. Ensuring the safety of both commercial flights and private aircraft is vital for public confidence in air travel.
Bessent says US food aid benefits could flow by Wednesday
PositiveFinancial Markets
Bessent has announced that US food aid benefits could start flowing by Wednesday, which is great news for those in need. This timely assistance is crucial as it will help alleviate hunger and provide support to vulnerable communities. The prompt delivery of these benefits highlights the government's commitment to addressing food insecurity.
The economic upsides of Trump’s second term
PositiveFinancial Markets
The article discusses the economic benefits generated during Trump's second term, highlighting both domestic and international advantages. It emphasizes that while there has been significant criticism, the positive impacts on the economy are noteworthy and deserve attention. Understanding these benefits is crucial as they shape the current economic landscape and influence future policies.
US pushes for wider global dollar adoption
PositiveFinancial Markets
The U.S. government is actively seeking ways to promote the adoption of the dollar as the primary currency for more countries around the world. This initiative is significant as it could strengthen the dollar's position in global markets and enhance economic ties between the U.S. and other nations. By encouraging wider use of the greenback, officials believe it can lead to increased trade and investment opportunities, ultimately benefiting the U.S. economy.
China Is Filling Up Its Oil Reserves Fast
PositiveFinancial Markets
China is rapidly increasing its oil reserves, a strategic move that could safeguard the nation against potential short-term supply disruptions caused by new U.S. sanctions on Russian crude. This proactive approach not only enhances China's energy security but also reflects its commitment to maintaining stability in its oil supply amidst global market fluctuations.
China Is Filling Up Its Oil Reserves Fast
PositiveFinancial Markets
China is rapidly increasing its oil reserves, a strategic move that could safeguard the nation against potential short-term supply disruptions, especially in light of new U.S. sanctions on Russian crude. This proactive approach not only enhances China's energy security but also reflects its growing influence in the global oil market, making it a key player in navigating geopolitical tensions.
Victory Giant Tops Asia Stocks as Nvidia Link Fuels 600% Surge
PositiveFinancial Markets
Victory Giant has emerged as the hottest stock in Asia, surging an impressive 600% thanks to its connection with Nvidia. This remarkable performance highlights the ongoing interdependence between the US and China, even amidst their trade tensions. Investors are keenly watching how this relationship evolves, as it could shape the future of technology investments in the region.
Latest from Financial Markets
Opinion | The New Right’s New Antisemites
NegativeFinancial Markets
In a recent opinion piece, Kevin Roberts of the Heritage Foundation finds himself entangled in the controversial narratives propagated by figures like Tucker Carlson and Nick Fuentes. This situation highlights a troubling trend within certain political circles where antisemitism is becoming more normalized. Understanding this shift is crucial as it reflects broader societal issues and the potential dangers of extremist ideologies gaining traction.
Amazon is selling a massive $80 heating pad for $40 that's 'soothing and effective'
PositiveFinancial Markets
Amazon is offering a significant discount on a popular heating pad, reducing its price from $80 to $40. This product has received positive feedback, with users praising its effectiveness in alleviating back pain. Such deals not only provide relief for those suffering from discomfort but also highlight Amazon's commitment to making wellness products more accessible.
Vodafone Q1 FY26 slides: service revenue up 5.5%, Three merger integration underway
PositiveFinancial Markets
Vodafone has reported a 5.5% increase in service revenue for the first quarter of FY26, signaling a positive trend in its financial performance. This growth comes as the company is actively integrating its merger with Three, which is expected to enhance its market position and service offerings. The successful merger integration is crucial for Vodafone to capitalize on synergies and improve customer experiences, making this news significant for investors and customers alike.
Bessent points to China’s rare earths restrictions to justify Trump tariffs as Supreme Court to hear arguments about emergency powers
NeutralFinancial Markets
Bessent has highlighted China's restrictions on rare earths as a rationale for the tariffs imposed by Trump, as the Supreme Court prepares to hear arguments regarding the use of emergency powers. This situation underscores the ongoing tensions in international trade and the legal implications of emergency powers in economic policy.
Earnings call transcript: Vodafone Q1 2025 sees revenue growth and merger impact
PositiveFinancial Markets
Vodafone's Q1 2025 earnings call revealed a promising revenue growth, highlighting the positive impact of recent mergers. This growth is significant as it reflects the company's strategic moves to enhance its market position and adapt to changing consumer demands. Investors and stakeholders will be keen to see how this momentum continues in the coming quarters.
Bessent says high US interest rates may have caused housing recession
NegativeFinancial Markets
Bessent has pointed out that the high interest rates in the US may be a significant factor contributing to the ongoing housing recession. This situation is crucial as it affects homebuyers, sellers, and the overall economy, highlighting the challenges faced by the housing market and the potential for a prolonged downturn.