UNEP: Fossil fuel subsidies undermining green economy
Nairobi - XINHUA
Fossil fuel subsidies of 500 billion U.S. dollars globally have been a drawback to green and inclusive growth in many countries, the United Nations Environment Programme (UNEP) said on Monday. UNEP Executive Director Achim Steiner told a forum on reforming fossil fuel subsidies that a revamp of current fossil fuel subsidies is critical to buffer countries from economic shocks, uncontrolled carbon emissions and social unrest. "Fossil fuel subsidies are a drain on public finances and have not been socially and environmentally feasible. Countries are better off if they phase out subsidies on the hydrocarbons," Steiner said.
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Serbia launches probe after toxic waste dumped near BelgradeGMT 19:03 2017 Thursday ,28 December
Pregnant elephant 'poisoned' in Indonesian palm plantationGMT 16:26 2017 Sunday ,24 December
Nepal's two last known dancing bears rescued: officialsGMT 10:51 2017 Sunday ,24 December
Florida orange industry hit by hurricane, diseaseGMT 09:09 2017 Sunday ,24 December
Modern-day amber 'Klondikes' thrive in troubled UkraineGMT 19:23 2017 Saturday ,23 December
Indonesian pangolin faces extinction due to traffickingGMT 11:37 2017 Friday ,22 December
Global warming may boost asylum-seekers in Europe: studyGMT 07:32 2017 Friday ,22 December
Modern-day Mowgli: Indian toddler forges bond with monkeys
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
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Internet fraudster lands in police net
GMT 08:02 2017 Wednesday ,12 July
US can't confirm Baghdadi death reportsGMT 20:22 2011 Thursday ,14 April
Drinking over recommended limit \'raises cancer risk\'
GMT 20:53 2018 Wednesday ,03 January
Syrian subgroups merge to form new National Army under Turkey’s guidance
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