US House of Representatives Democrat Pramila Jayapal on Tuesday (19/10) said he felt “increasingly optimistic” about the prospect of reaching an agreement on a large social spending bill after he and his colleagues met with President Joe Biden. On Tuesday (19/10), Biden was busy meeting congressmen trying to reach agreement …
Read More »UN Deforestation Scheme Highlighted After Failure of REDD+ Agreement in Indonesia
The collapse of a $1 billion deal to tackle deforestation in Indonesia has highlighted the failure of the UN-backed global initiative. According to critics, the agreement proved ineffective and trampled on the rights of indigenous peoples. Forest monitoring organization Global Forest Watch has previously said that protecting trees is key …
Read More »Congress reaches agreement to raise US debt ceiling
US Senate leaders Thursday afternoon (7/10) managed to reach an agreement to increase the government debt ceiling until early December. The deal would prevent what could be the first failure to meet America’s debt obligations, which are due on October 18. Senate Majority Leader Chuck Schumer announced the deal in …
Read More »US Senate Close to Reaching Debt Ceiling Agreement
The United States Senate (US) is likely to reach a short-term agreement to avoid the possibility of the government defaulting on debt that is due in the next two weeks. On Wednesday, Democrats said they might accept a proposal put forward by Republicans to defuse the row that threatens the …
Read More »Taiwan Signs Up to Join CPTPP Trade Agreement
Taiwan’s economy minister said Thursday that his government has formally applied for joining the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (Comprehensive and Progressive Agreement for Trans-Pacific Partnership/CPTPP). Wang Mei-hua, Minister of Economic Affairs, told reporters at a press conference in Taipei that the government had prepared supporting measures …
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