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Gore blasts 'insane' Saudi veto power at climate talks

Former US vice president Al Gore said it was "literally insane" that oil-producing nations such as Saudi Arabia could block global action against climate change, calling for sweeping reforms to UN negotiations. Speaking to AFP on the sidelines of the COP31 summit in Antalya, Turkey, Gore said UN climate talks needed to replace the consensus-based decision-making system with a supermajority model.

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US Treasury Chief Blames Commerce Dept for Failure in Nvidia Scandal

US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for failing to blacklist Megaspeed, the Singapore company at the center of a scandal that prompted Nvidia chief executive Jensen Huang to resign. Speaking on CNBC, Bessent said Treasury, the Defense Department, the US Trade Representative's office and the State Department had backed adding Megaspeed to the Washington's trade blacklist, "for months." "But Commerce has the pen," Bessent said. "You will have to ask them about their internal processes."

Asharq Al-Awsat English