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Cheers In Zambia After Landmark Debt Deal

Jubilant lawmakers in Lusaka sang Zambia's national anthem on Friday after foreign lenders agreed to restructure part of the country's debt, a move that entrepreneurs said brought hope for the crippled economy.

Climate Goals Depend On Fixing Global Finance: Top Economist

If world leaders and the heads of multilateral development banks gathered at a Paris summit recognise that climate goals depend on revamping the architecture of global finance, it would be a "historic" development, a top development economist said Thursday.

Titan Sub: What Is A 'Catastrophic Implosion'?

A "catastrophic implosion," such as that believed to have destroyed the Titan submersible, would have happened with incredible force and speed given the crushing water pressure on the floor of the ocean.

60 Bn Euros Pledged To Help Ukraine Rebuild

Foreign donors have pledged 60 billion euros ($66 billion) of new financial support for Ukraine, the UK said Thursday, as an international conference aimed at funding the war-ravaged country's reconstruction closed.

Five Things To Know About Zambia

Copper-rich Zambia, the first African country to default on its debt during the Covid pandemic, on Thursday secured a deal from creditors to restructure its debt at a global finance summit in Paris.

US Approves Lab-grown Chicken For Sale

The United States has granted its first ever approvals to two companies to sell chicken grown directly from animal cells, becoming only the second country to allow lab-grown meat to be offered to consumers.

How Climate Change Fuels Extreme Heat

Heatwaves across Asia and beyond have already broken records this year, while the arrival of the El Nino climate phenomenon will mean even more extreme temperatures.

Paris Climate Summit Seeks Global Finance Reform

Dozens of global leaders will gather in Paris Thursday for a summit to tease out a new consensus on international economic reforms to help debt-burdened developing countries face a growing onslaught of challenges, particularly climate change.

Ukraine's Counter-offensive, Seen From The Ground

More than a week into Ukraine's counter-offensive, Kyiv has reported modest gains, liberating eight settlements in the first cautious steps of a daunting fight back against entrenched Russian positions.

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