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EU agrees 2-billion-euro ammunition plan for Ukraine
EU agrees 2-billion-euro ammunition plan for Ukraine
Business and Economy
by  AFP

European Union foreign ministers agreed Monday on a two-billion-euro plan to raid their own arsenals and jointly purchase desperately needed artillery shells for Ukraine, diplomats said. Diplomats said the plan targets sending the first one billion euro's worth of shells to Ukraine by the end of May and signing the joint contracts by the start of September.

UN chief: rich nations must achieve net zero carbon quicker, by 2040
UN chief: rich nations must achieve net zero carbon quicker, by 2040
Business and Economy
by  AFP

UN Secretary General Antonio Guterres called on wealthy countries Monday to move up their goals of achieving carbon neutrality as close as possible to 2040, mostly from 2050 now, in order to "defuse the climate time bomb." Rich countries should commit to achieving carbon neutrality as close as possible to 2040, he said, "the limit they should all aim to respect."

Two weeks of banking turbulence
Two weeks of banking turbulence
Business and Economy
by  AFP

After three US regional lenders collapsed and UBS swooped to buyout troubled Credit Suisse to avoid a wider crisis, AFP looks back at the last two weeks of banking turbulence: - Silvergate Bank - The turmoil begins the night of March 8 with a liquidation announcement from Silvergate Bank, a US regional lender and favourite among the cryptocurrency crowd.