COP27: Financing for climate damages gets a foot in the door

Newsletter Nov 7, 2022 [ International Business Times]( [COP27: Financing for climate damages gets a foot in the door]( At last year's UN summit in Glasgow, the European Union and the United States rejected calls for a separate financial mechanism. [Oil falls as China sticks to strict COVID policy]( Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world's top crude importer.  [Learn more about Jeeng]( ['Terror' motive behind UK immigration centre attack: police]( The facility in the busy town processes migrants who have crossed the Channel from northern Europe in small boats. [In UK first, nurses vote to strike: media]( The exact nature of the strike is yet to be determined, but is likely to disrupt operations and appointments even as patients are already facing record waiting lists. [Euro zone to mull energy support plans coordination as recession looms]( Euro zone finance ministers will discuss on Monday how to better coordinate support for economies against soaring energy prices to reduce the uncertainty such schemes create for their 2023 budgets and to better prepare for a looming recession. [Analysis-Airlines reboot as COVID sparks a revolution in one-day business trips]( Airlines around the world are ripping up schedules and bringing in new flights to cope with a COVID-triggered trend in corporate travel for executives like Jerome Harris - the scrapping of one-day business trips in favour of longer stays. [Apple warns of hit to iPhone shipments from Chinese COVID disruptions]( Apple Inc on Sunday said it expects lower iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as COVID-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China. [Twitter starts rolling out new paid subscription]( The California-based company needs to diversify its income, heavily reliant on advertising. [Explainer-COP27: What is 'loss and damage' compensation, and who should pay?]( Nearly 200 countries gathering for the U.N. climate conference in Egypt are expected to lock horns over whether rich nations should pay compensation to vulnerable states hit by climate-fuelled disasters. [Teenager Rune upsets Djokovic to win Paris Masters]( He is the fifth first-time Masters winner this season and will be the first Danish man to break into the top 10 on Monday. [Gadirova gold seals Britain's best ever gymnastics worlds haul]( The Americans and China finished level on three golds each with the USA's eight medals in total putting them on top of the table. You Might Like    [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2022 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.