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UN chief urges drastic emissions cuts as COP31 wrestles with fossil fuels

ANTALYA, Turkey, Nov 13 (Reuters) - UN Secretary-General Antonio Guterres on Friday called for an "immediate and drastic reduction" in greenhouse gas emissions, as divisions over fossil fuels dominated the first week of COP31 climate talks in Turkey.Big fossil fuel producers and consumers at the talks are resisting any deal that would specify firm new targets or a shift away from oil, gas and coal, observers said as the first week of talks drew to a close.

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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