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World
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International
11/11/2022 5:54:22 PM
The European Union's executive commission slashed its forecast for economic growth next year, saying the 19 countries that use the euro currency will slide into recession over the winter as peak inflation hangs on for longer than expected and high fuel and heating costs erode consumer purchasing power.
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COP27
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Climate change
11/11/2022 5:05:49 PM
Russia's war on Ukraine has cast a shadow over this year's United Nations climate summit in Sharm el-Sheikh, Egypt, where officials from around the world are discussing the costs of climate change and how to cut emissions that remain near record highs.
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COP27
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Sharm El-Sheikh
11/10/2022 5:14:21 PM
Fossil fuel lobbyists have flooded UN climate talks in Egypt, a report by watchdog groups said Thursday, even as calls grow at the summit for a windfall tax on oil majors' bumper profits.
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COP27
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Climate change
11/10/2022 11:28:50 AM
Mongolia is ramping up efforts to export coal to energy-hungry China, a government official told AFP, despite global efforts to end the use of the polluting fossil fuel.
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COP27
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Climate change
11/9/2022 5:06:14 PM
A detailed inventory of the top known sources of greenhouse gas emitters launched by former U.S. Vice President Al Gore at the U.N. climate summit in Egypt on Wednesday found that the top 14 individual polluters are all gas and oil fields and their associated facilities, despite their emissions being ``significantly underreported.''
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COP27
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Climate change
11/9/2022 12:44:33 PM
The world should confront climate change the way it does nuclear weapons, by agreeing to a non-proliferation treaty that stops further production of fossil fuels, a small island nation leader urged.
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COP27
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Sharm El-Sheikh
11/8/2022 8:11:14 PM
Companies pledging to get their emissions down to net zero better make sure they've got a credible plan and aren't just making false promises, UN experts said in a report Tuesday urging tough standards on emissions cutting vows.
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COP27
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Sharm El-Sheikh
11/7/2022 10:14:26 PM
German Chancellor Olaf Scholz on Monday urged COP27 participants not to lose sight of renewable energy targets despite the impact of the Russian invasion of Ukraine.
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World
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Region
11/7/2022 5:13:18 PM
A fire broke out early Monday at a 35-story high-rise in downtown Dubai near the world's tallest building, racing up the side of the structure in the same way seen in other blazes fueled by flammable siding material.
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COP27
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Sharm El-Sheikh
11/7/2022 3:07:28 PM
Speeding up the transition to renewable energy can limit the chances of painfully sharp price increases, European Central Bank President Christine Lagarde said Monday, as eurozone households come under pressure from soaring bills.
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COP27
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Climate change
11/6/2022 9:10:10 PM
Sameh Shoukry, Egypt’s foreign minister and president-designate of the 2022 UN Climate Change Conference (COP27), urged countries of the world to honour their climate commitments, warning against backsliding on climate action amid economic crises.
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COP27
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Sharm El-Sheikh
11/6/2022 7:20:09 PM
The UN's COP27 climate summit kicked off Sunday in Egypt with warnings against backsliding on efforts to cut emissions and calls for rich nations to compensate poor countries after a year of extreme weather disasters.
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World Cup 2022
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Features
11/6/2022 2:50:46 PM
Qatar is home to some 2.9 million people, but only a small fraction _ around one in 10 _ are Qatari citizens. They enjoy massive wealth and benefits fueled by Qatar's shared control of one of the world's largest reserves of natural gas.
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Al-Ahram Weekly
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COP27
11/5/2022 8:48:00 PM
As COP27 starts, OPEC Secretary-General Haitham Al-Ghais highlights sustainable energy investment
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COP27
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Climate change
11/5/2022 1:38:46 PM
EgyptAir will operate on Saturday its first commercial flight powered by sustainable aviation fuel (SAF) from Paris’ Charles de Gaulle Airport to Sharm El-Sheikh International Airport ahead of the 2022 UN Climate Change Conference (COP27) set to be held in the Red Sea city 6-18 November.
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Business
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Energy
11/3/2022 10:06:43 PM
Europe could face a severe natural gas shortage next year and needs to act now to reduce use, the International Energy Agency said in a report Thursday, warning against complacency in an energy crisis triggered by Russia's war in Ukraine after countries were able to build up storage of the fuel to heat homes and generate electricity this winter.
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Business
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Economy
11/3/2022 2:32:13 PM
The Bank of England has announced its biggest interest rate increase in three decades as it tries to beat back stubbornly high inflation fueled by Russia's invasion of Ukraine and the economic policies of former Prime Minister Liz Truss.
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Egypt
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Politics
11/1/2022 8:21:22 PM
The Senate – Egypt's consultative upper house - approved on Monday legislative amendments to a 2017 law that regulates government compensations paid out to contractors who suffer losses due to IMF-inspired liberalization policies, such as the EGP devaluation, and due to the phasing out of fuel subsidies.
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COP27
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Climate change
11/1/2022 7:48:22 PM
The world needs to set aside an area bigger than the United States for tree planting and other measures to meet climate pledges, according to research published Tuesday that warned against "unrealistic" carbon-cutting plans.
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Business
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Markets & Companies
11/1/2022 12:35:59 PM
Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, buoyed by the higher global energy prices that have filled the kingdom's coffers but helped fuel inflation worldwide.
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