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Nations to submit boosted climate plans: what's at stake?
Nations to submit boosted climate plans: what's at stake?
Business and Economy
by  AFP

Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make or break global efforts to avoid dangerous levels of climate change. There is no set template for countries to follow but richer countries -- historically the largest emitters -- have a responsibility to pledge the deepest emission cuts.

EU vessels to cease fishing in Senegal after accord expires
EU vessels to cease fishing in Senegal after accord expires
Business and Economy
by  AFP

European fishing vessels will imminently cease activities in Senegalese waters after the non-renewal of an agreement between Brussels and Dakar, EU ambassador Jean-Marc Pisani said Tuesday. Pisani said the agreement would not be renewed for the time being after the European Commission notified the Senegalese government in May of "shortcomings" regarding illegal, unreported and unregulated fishing.

Bayer shares hit 20-yr low as problems pile up
Bayer shares hit 20-yr low as problems pile up
Business and Economy
by  AFP

Bayer's shares plunged to a 20-year low Tuesday after the German chemicals giant cut its earnings outlook and posted a worse-than-expected loss on woes related to its troubled agrochemicals division. It also cut the outlook for profit margins in the agrochemicals division.