News That Matters

Tag: Threat

Pope warns oil bosses of climate threat

Pope warns oil bosses of climate threat

Science
The Pope has told oil company bosses that climate change threatens the future of the "human family". The oil executives had been invited to the Vatican in Rome for an audience with the pontiff.Pope Francis said a radical energy transition is needed to save what he called "our common home".The head of BP agreed that the world must find urgent solutions to environmental problems - but said all must play a part.The Pope warned him and other bosses: "Civilisation requires energy, but energy use must not destroy civilisation."The oil bosses were brought to the Vatican alongside fund managers who invest in their stocks.The companies represented were believed to include Eni, Exxon, Total, Repsol, BP, Sinopec, ConocoPhillips, Equinor, and Chevron.Pope urges acti...
Market bull cuts exposure to stocks due to new Mexico tariff threat

Market bull cuts exposure to stocks due to new Mexico tariff threat

Finance
Long-time market bull Phil Orlando just cut his exposure to stocks.The Federated Investors chief equity market strategist cites President Donald Trump's new threat to impose 5% tariffs on Mexico imports for the decision. "In light of this growing uncertainty and expanded downside risk, we opted to pull in our horns a bit this morning, and we lowered our 8% equity overweight in our PRISM asset allocation moderate growth portfolio to 5%," Orlando wrote in Friday's commentary. "We added the 3% into our cash overweight."Despite making the defensive move, Orlando contends U.S. economic fundamentals remain solid, and they should ultimately support stocks. It's a sentiment he echoed during Thursday's interview on the ongoing U.S.-China trade war on CNBC's "Futures Now. " "When it does ...
UK raises threat level for personnel in Iraq over Iran ‘threat’

UK raises threat level for personnel in Iraq over Iran ‘threat’

World
By Deborah Haynes, foreign affairs editor Britain has raised the threat level for UK forces and diplomats in Iraq because of what sources say is a heightened security risk from Iran, Sky News can reveal.The UK has also put its personnel and their families in Saudi Arabia, Kuwait and Qatar on an increased state of alert. The UK assessment appears to be similar to US claims of a heightened threat amid escalating tensions between Donald Trump's administration and Tehran. One Whitehall source said Britain believes there is an increased likelihood of Iran or its proxies taking action against British, US or other allied interests in the region in a way that can be plausibly denied so as to avoid triggering an all-out war.The targets would most likely be ...
Macron greets Zuckerberg with Facebook threat

Macron greets Zuckerberg with Facebook threat

Technology
French President Emmanuel Macron welcomed Facebook boss Mark Zuckerberg to Paris with a warning about the company's conduct.The social media giant has been challenged in France over its perceived failure to tackle violent extremism, hate speech and disinformation across its platforms, including Instagram and WhatsApp. Mr Macron met Mr Zuckerberg and the company's new head of public policy, Sir Nick Clegg, who was formerly the UK deputy prime minister and head of the Liberal Democrat party. Image: Sir Nick Clegg (L) and Mark Zuckerberg represented Facebook The discussions followed a team of French experts and regulators spending weeks inside Facebook's offices in Paris, Dublin and Barcelona.According to Reuters, the 10 officials releas...