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Croatia to switch to euro, enter passport-free Schengen zone | European Union News

Croatia to switch to euro, enter passport-free Schengen zone | European Union News

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With the onset of the new year in a few hours, Croatia will adopt the euro currency and enter Europe’s passport-free Schengen zone after nearly a decade since joining the European Union. At midnight on January 1, 2023, the Balkan nation of some four million people will bid farewell to its kuna currency and become the 20th member of the eurozone. Experts say the adoption of the euro will help protect Croatia’s economy at a time when inflation has been soaring globally since Russia’s invasion of Ukraine in February led to heightened fuel and food prices. It will also be the 27th nation in the passport-free Schengen zone, the world’s largest, which enables more than 400 million people to move freely around its member nations. However, Croatians have mixed feelings about the changes. While...
IISc to be G20 science working group’s secretariat | India News

IISc to be G20 science working group’s secretariat | India News

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BENGALURU: The Indian Institute of Science (IISc) on Monday said it will be the secretariat for S20 — one of the working groups created under the G20, the intergovernmental forum, which will be presided over by India in 2023. Stating that the S20 (Science 20) summit is emblematic of India’s journey in forging a new path for advancement, IISc said with its intellectual heritage and current prowess in science and engineering, combined with a tradition of innovation with sustainability, India now has an opportunity to become a leader in disruptive science for development.The G20 forum comprises 19 countries and the European Union. It consists of both industrialised and developing countries and its main focus has been the governance of the global economy. Over the years, however, G20 has be...
Russia warns it will cut off oil supply after countries vote for $60-per-barrel price cap

Russia warns it will cut off oil supply after countries vote for $60-per-barrel price cap

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Russian authorities rejected a price cap on the country's oil set by Ukraine's Western supporters and threatened Saturday to stop supplying the nations that endorsed it. Australia, Britain, Canada, Japan, the United States and the 27-nation European Union agreed Friday to cap what they would pay for Russian oil at $60-per-barrel. The limit is set to take effect Monday, along with an EU embargo on Russian oil shipped by sea.Kremlin spokesman Dmitry Peskov said Russia needed to analyze the situation before deciding on a specific response but that it would not accept the price ceiling. Russia's permanent representative to international organizations in Vienna, Mikhail Ulyanov, warned that the cap's European backers would come to rue their decision. ...
The world is falling short of its climate goals, four big emitters show why

The world is falling short of its climate goals, four big emitters show why

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Seven years after the Paris Agreement, in which leaders pledged to reduce greenhouse gas emissions in order to avoid the worst effects of climate change, the world is still not on track to meet those goals. New data released by Climate Action Tracker, an independent research group, before this week’s United Nations summit on climate change reveals the gap. None of the world’s biggest emitters — China, the United States, the European Union and India — have reduced their emissions enough to meet the Paris Agreement goals. Together, the three countries and the European bloc account for more than half of historical emissions of planet-warming gases, which include carbon dioxide and methane. The United States is the largest historical emitter, and China is the largest current emitter. Their ...
‘Every breath you take’: Air pollution stifles Europe’s health targets

‘Every breath you take’: Air pollution stifles Europe’s health targets

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Air quality in Europe is improving but still poses high risks, the European Environment Agency (EEA) said on Thursday, as fine particles exposure led to at least 238,000 premature deaths in the 27-nation EU in 2020. "Air pollution is still the largest environmental health risk in Europe," the EEA said. "While emissions of key air pollutants and their concentrations in ambient air have fallen significantly over the past two decades in Europe, air quality remains poor in many areas." Between 2005 and 2020, the number of early deaths from exposure to fine particulate matter fell by 45% in the European Union, in line with the bloc's zero pollution action plan target of a 55% cut in premature deaths by 2030. However, 96% of the EU's urban population was still exposed in 2020 to concentration...