The UN climate summit COP30 in Brazil ended in disappointment as no new commitments were made to phase out fossil fuels, despite demands from over 80 countries. Tensions flared as oil-producing nations prioritized economic growth over urgent climate action.
The recent climate talks in Brazil yielded a voluntary agreement to discuss a phase-out of fossil fuels, despite significant opposition. While some progress was made, campaigners express disappointment over unmet goals and timeline delays.
In a major development, President Trump announced a deal with China regarding TikTok that could shift ownership and prevent a nationwide ban. This agreement aims to keep young users happy and engaged with the popular app.
Stocks rose on Thursday following the announcement of a trade agreement between the U.S. and U.K., as investors eagerly await more details from President Trump amidst ongoing tariff negotiations.