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Cop31 leaders urge world to accelerate fight against global warming
Leaders of the Cop31 climate summit urged the world to accelerate the fight against global warming as rising temperatures and an increasing number of climate-driven disasters threaten lives and the global economy, as the annual meeting began in Turkey on Monday. The comments at the start of the two-week UN conference were an appeal to governments to focus on climate, even as other international crises from war to soaring inflation and the uncertainty of AI compete for their attention.
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Thames Water Creditors Back Debt Extension as Rescue Talks Drag
Thames Water Creditors Back Debt Extension as Rescue Talks Drag A group of Thames Water creditors agreed to back plans to push out debt repayments, buying more time to agree on a broader rescue for the troubled utility. The UK’s largest water and sewerage company said Monday that creditors holding more than £12 billion ($16.1 billion) of secured debt supported a proposal to move repayments due next year into 2028, but it still needs approval through a court-supervised restructuring process.