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DUBAI (Reuters) -Negotiations for a climate deal spilled into overtime at the COP28 summit in Dubai on Wednesday, as nearly 200 countries sought to bridge divisions on the future role of fossil fuels — by far the most contentious issue. Many nations had criticised a deal draft released on Monday for failing to call for a "phase-out" of fossil fuels, which scientists say are by far the biggest source of the greenhouse gas emissions driving global warming. More than 100 countries ranging from the United States and the EU to tiny island nations like Samoa had pushed for the language but faced resistance from members of the OPEC oil producer group and its allies. ....
UN climate talks enter their endgame on Monday as negotiators seek to convince an increasingly isolated Saudi Arabia and other holdouts to give up their opposition to a historic phase-out of fossil fuels.Saudi Arabia, the world's top oil exporter, has opposed any phase-out or phase-down of fossil fuels and told COP28 that its "perspectives and concerns" must be taken into account. ....
A deal to resolve film and television actors’ 113-day strike could be imminent, as the union representing them said it is reviewing Hollywood and TV studios’ final offer. ....
With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to raise the nation's debt ceiling. ....
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