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Paris agreement is working, Australian minister tells Cop29, but much deeper cuts needed by 2035 | Pacific islands

Australian Climate Change Minister Chris Bowen declared the landmark Paris Agreement, which saved the world from “the brink of catastrophic 4°C warming”, was “working”, but countries are still looking ahead to 2035. and the need to set the most ambitious emissions targets possible. Limit worsening global warming. Delivering Australia's National Statement on the floor of […]

Australian Dollar pares gains as US Dollar remains steady due to cautious Fed – FXStreet

The Australian dollar faces challenges due to increased risk aversion. Minutes of the RBA meeting could provide further insight into the central bank's policy outlook on Tuesday. The US dollar strengthened after hawkish comments from Federal Reserve officials. The Australian dollar (AUD) came under downward pressure against the US dollar (USD) on Monday. However, Reserve […]