DUBAI: Donor countries to an ambitious new climate change fund, along with its recipients, will likely control how its financial resources are spent, World Bank President Ajay Banga said Friday.

DUBAI: It would be a mistake to reject nuclear power because of problems at a handful of projects, Rafael Grossi, head of the International Atomic Energy Agency said in an interview with AFP.

KINSHASA: President Felix Tshisekedi, who once vowed to transform DR Congo into “the Germany of Africa”, has promised to create jobs if he is re-elected, after a first term marked by economic growth but soaring inflation.

WASHINGTON: US manufacturing activity contracted for the 13th straight month in November, with a sharper slowdown seen in employment and supplier deliveries, according to survey data published Friday.

PIRA PARANA, Colombia: Chewing on psychoactive coca leaves in a traditional ritual, Colombian Indigenous leader Fabio Valencia seeks the advice of jungle spirits and ancestors about a project sold to his community as a planet-saving initiative.

PARIS: The UN’s former climate chief said she was “giving up hope” that fossil fuel firms will be part of the solution to warming as pivotal COP28 talks started on Thursday in oil-rich United Arab Emirates.

UNITED NATIONS: The COP28 climate conference should aim for a complete “phaseout” of fossil fuels, UN Secretary-General Antonio Guterres told AFP on Wednesday, warning of “total disaster” on humanity’s current trajectory.

ZURICH: A massive transfer of wealth is gaining speed, as billionaires are increasingly padding their vast fortunes with inheritance rather than entrepreneurship, a study by Swiss banking giant UBS showed Thursday.

MALAGA, Spain: Google’s position as king of the search engines is under threat like never before, but the firm’s global policy chief told AFP this week it still had the edge over its AI competitors.