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Green Roadblocks: China Climate Advisers Warn Trade Barriers Hinder Emission Goals (Bloomberg)
Members of the team representing China at the COP30 summit said trade rules and restrictions, including President Trump’s tariffs and measures adopted by the EU, are undermining global efforts to limit warming and are weakening climate ambition.
The growing use of “unilateral” tools has pushed up costs and slowed the broader rollout of green products worldwide, hindering the global transition, senior Chinese advisers said. Instead of driving emissions cuts, they warned, the measures risk fragmenting global supply chains and eroding trust at a time when cooperation is urgently needed.
Mike Bloomberg: Indonesia's Clean Energy Future Can Power Its Economic Growth (The Jakarta Post)
Whatever official agreement comes out of the United Nations’ COP30 climate conference currently underway in Brazil, cities and countries are proving that switching to clean energy goes hand in hand with economic growth and modernization, and the countries that move boldly will gain a competitive edge, Mike writes in his op-ed in The Jakarta Post.
Under
President Prabowo Subianto’s leadership, Indonesia is well-positioned to prove the point, and to reap enormous benefits along the way, he writes.
Prabowo has recognized the opportunity ahead of Indonesia and set ambitious goals for inclusive growth and expanding clean energy. The key to reaching those goals lies, as it does in countries around the world, in knocking down barriers to investment, including attracting more private finance, Mike writes.
Chile Election Watch: Hard-Right Kast and Communist Jara to Face Off in Chile’s Presidential Runoff (Bloomberg)
Chilean arch-conservative José Antonio Kast prevailed over a field of right-wing candidates and will contend in a presidential runoff next month against Communist Jeannette Jara, a vote that will spotlight starkly divergent views on how to lead one of Latin America’s richest economies.
The first-round election on Sunday featured strong performances by other right-leaning contenders whose supporters are now likely to back Kast. That makes him the favorite for the Dec. 14 runoff.
Air Traffic Relief: FAA Lifts All Remaining Flight Cuts Imposed During US Shutdown (Bloomberg)
MAGA Fight: Congresswoman MTG Says Trump’s GOP ‘Traitor’ Label Puts Her Life in Danger (Bloomberg)
Representative Marjorie Taylor Greene said President Trump is putting her life in danger with a social post calling her a traitor to the Republican Party amid a falling-out centering on government files on the late convicted sex offender Jeffrey Epstein.
An escalating clash between Trump and Greene, previously a fervent supporter of the president, has heightened attention on her and a small number of other House Republicans calling for a full release of Justice Department files on Epstein, which House Speaker Mike Johnson and Trump have resisted. The House plans to vote on releasing the files on Tuesday.
U-Turn: Trump Urges House to Vote for Epstein Files Release in Reversal (Bloomberg)
Donald
Trump said
House Republicans should vote for the release of the Jeffrey Epstein files, reversing his position amid growing pressure from within his party. “We have nothing to hide,” the president said on social media.
Fundraising Twist: Texas Leaders, Gun Industry Boost Turning Point After Kirk Assassination (The Trace)
In the aftermath of Charlie Kirk’s assassination, Texas Lieutenant Governor Dan Patrick pledged $1 million in campaign funds for Turning Point USA to install chapters on every high school and college campus in the state. SIG Sauer is getting in on the game.
The gun manufacturer produced a limited-edition series
of pistols to benefit Turning Point, promising to donate $50 for every firearm sold. Donald Trump Jr.’s online gun dealer, the publicly traded company GrabAGun, agreed to match that donation for every gun sold through its platform.
Higher Ed Victory: University of California Faculty Wins Trump Funding Fight (Bloomberg)
The Trump administration was ordered by a judge to stop freezing or threatening to withhold federal grant funds to the University of California as part of a nationwide pressure campaign to impose a raft of policy changes on elite colleges.
In a major setback for President Trump, US District Judge Rita F. Lin on Friday sided with a coalition of faculty groups and employee unions that had accused the administration of trying to silence faculty research and speech.
Energy Targets: Ukraine Claims Strike on Rosneft’s Ryazan Oil Refinery in Russia (Bloomberg)
Ukraine claimed a strike on Rosneft PJSC’s Novokuybyshevsk refinery in the Samara region, the latest in a series of attacks on the fuel-producing industry deep inside Russia. Separately, Russia’s Novorossiysk port on the Black Sea resumed loading oil after a two-day suspension following a Ukrainian cruise missile attack.
War Outlook: Finland’s Leader Urges Europe to Hold Firm as Ukraine-Russia Ceasefire Stays Out of Reach (Associated Press)
Today in Canada: Carney Searches for Votes to Pass Budget and Avoid Snap Election (Bloomberg)
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Latest Tech Hype: Meta Opens Pop-Up Stores to Build Buzz for Its AI Glasses (Wall Street Journal)
If there is one thing Meta knows how to do, it is get people to take pictures and share them with friends. That was top of mind for Matt Jacobson, Meta's vice president and creative director for AI wearables, when he was designing the company’s new retail pop-up stores.
Meta has been on a pop-up shop spree since last year after its Ray-Ban AI glasses became a surprise hit. Jacobson helped set up stores in Los Angeles, Las Vegas, Burlingame, Calif., and most recently New York City.
The latest one, which opened Friday on a busy block in Midtown Manhattan, is hard to miss. It is a 5,000-square-foot, two-story building that has been painted bright blue and adorned with an outline of Meta’s Ray-Ban AI glasses.
NYC
Today: Norman Foster’s JPMorgan Tower Draws Praise as It Transforms the NYC Skyline (Bloomberg)
No question, Norman Foster’s new headquarters for JPMorgan Chase, 270 Park Avenue, is exceptional.
“By any measure it is a prodigy,” declares Michael J. Lewis in The Wall Street Journal, outlining what may be the most positive review so far. Lewis writes about the building’s “industrial exhibitionism,” describing its cantilevered wings as a hefty exoskeleton framing a muscular tower.
Its soaring lobby, framed by two towering paintings
by Gerhard Richter, is one of the city’s finest, according to Lewis. He finds grace throughout, from the curving edge of the building’s exterior steps to the double-height spaces around its trading floors.
“There is no reason that a High Tech architect cannot also be a humanist,” Lewis writes. “In even the building’s smallest details, there is a sensitive concern for the human experience.”
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