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UNEP: Opportunity has ‘been lost’ to meet 1.5C warming limit without ‘overshoot’
The UN Environment Programme reports that temporarily exceeding the 1.5C warming limit is now inevitable without urgent action, but countries can still minimize the overshoot and keep Paris Agreement goals within reach.
Climate change rarely goes on trial. This one could be a landmark.
Fifteen Canadian youth sued their federal government today, alleging it violated their constitutional rights by failing to adequately address climate change. The trial is considered one of the most consequential climate cases to reach courtroom proceedings.
Retrofit schools and consider moving exams to beat extreme heat, says teaching union leader
The UK’s largest education union leader calls for school retrofitting, changed schedules, and exam rescheduling to address increasingly severe heatwaves affecting classroom learning.
English councils warn of ‘catastrophic’ Send debts forecast to hit £10bn by 2028
English councils warn that special educational needs debts could reach £10bn by 2028, creating a potential financial crisis for local authorities responsible for meeting rapidly growing statutory demand.
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Iran says it is ‘fully prepared’ to counter widened US economic sanctions
The US Treasury announced sweeping new sanctions against Iran, describing them as an “economic D-Day,” while Iranian officials said they are fully prepared to counter the measures through alternative trade partnerships.
US-Canada trade war heats up as Trump threatens to hike auto tariffs
President Trump has threatened to increase US tariffs on Canadian automobiles and parts from 25% to 50% starting January 1, escalating tensions after trade negotiations between the countries collapsed.
Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
Lego reported record first-half revenue of 41.9 billion Danish kroner, posting a 21% revenue increase driven by botanical sets, Formula 1 partnerships, and collectible products.
HHS plans new FDA deputy commissioner roles for technology and drugs, sources say
The Department of Health and Human Services is planning to establish two new deputy commissioner positions at the FDA, one focused on technology and artificial intelligence, according to sources familiar with the plan.
Instagram head Adam Mosseri testifies in defense of Meta in child safety trial
Instagram head Adam Mosseri testified in court that a 2021 feature designed to help teens regulate app usage had lower uptake than expected, with only 1.8% of teens initially using it.
Firms scramble for battery power in Spain and Portugal
Companies across Spain and Portugal are rapidly investing in battery storage systems following a major blackout last year, with industrial firms seeking to protect production from power disruptions.
AI build out: AI gold rush draws crypto firms away from Bitcoin
Major cryptocurrency mining companies are redirecting computing infrastructure toward artificial intelligence workloads, signing multibillion-dollar deals with AI firms like Anthropic as Bitcoin rewards decline.
Musk’s SpaceX to build $100bn launch facility in Louisiana
SpaceX announced plans to construct a $100 billion launch facility in Louisiana spanning 125,000 acres, with construction beginning next year and first Starship flights expected in 2029.
Why Tesla has been caught up in a massive car recall in China
China announced its largest vehicle recall affecting over four million cars, mostly Teslas, over concerns about hidden door handles that may trap occupants during emergencies.
Woolworths posts $1.14bn profit in cost-of-living crisis – but CEO says it’s not thanks to rising shelf prices
Woolworths reported a $1.14bn net profit with rising margins, citing increased customer volume and cost cuts rather than price increases during the cost-of-living crisis.
Iran faces strait of Hormuz paradox as strategic value of chokehold erodes
Iran’s strategic control of the Strait of Hormuz, recently described as central to its security doctrine, faces erosion as alternative pipeline routes and workarounds reduce its economic leverage and force reconsideration of Tehran’s negotiating position.
China hits out at ‘illegal’ new US sanctions on Iran and trading partners
The US announced sweeping new sanctions against Iran and its trading partners including China, which vowed to take “all necessary measures” to protect its interests and described the measures as illegal.