Foreign News
UN Scribe Reacts to Breakdown of Negotiations at COP27

UN Secretary-General, Antonio Guterres has decried the breakdown of trust between the global North and South at the ongoing 27th session of Conference of Parties (COP27) on Climate Change in Sharm El Sheikh, Egypt.
Guterres in his remark at COP27 briefing on Thursday, said the breakdown in trust between North and South, and between developed and emerging economies was a recipe for mutually assured destruction.
“This is no time for finger pointing.
The blame game is a recipe for mutually assured destruction.“I am here to appeal to all parties to rise to this moment and to the greatest challenge facing humanity. The world is watching and has a simple message: stand and deliver,” said the UN scribe.
Guterres urged the parties to deliver the kind of of meaningful climate action that people and the planet so desperately needed; as global emissions were at their highest level in history and still rising.
“Climate impacts are decimating economies and societies and growing. We know what we need to do and we have the tools and resources to get it done.
“And so I appeal to the parties to act in three critical areas. First, the most effective way to rebuild trust is by finding an ambitious and credible agreement on loss and damage and financial support to developing countries.
“The time for talking on loss and damage finance is over. We need action. No one can deny the scale of loss and damage we see around the globe.
“The world is burning and drowning before our eyes and I urge all parties to show that they see it and get it.
“Send a clear signal that the voices of those on the frontlines of the crisis are finally being heard. Reflect the urgency, scale and enormity of the challenge faced by developing countries.
“We cannot continue to deny climate justice to those who have contributed least to the climate crisis and are getting hurt the most. Now is a moment for solidarity, said the UN chief.
He also appealed to all parties to forcefully address the huge emissions gap, noting that the 1.5 target was not simply about keeping a goal alive, but it’s about keeping people alive.
“I see the will to keep to the 1.5 goal – but we must ensure that commitment is evident in the COP27 outcome. Fossil fuel expansion is hijacking humanity.
“Any hope of meeting the 1.5 target requires a step change in emissions reductions. We cannot close the emissions gap without an acceleration in the deployment of renewables.
“The Just Energy Transition Partnerships are important pathways to accelerate the phasing out of coal and the scaling up of renewables. This effort must be expanded,” he said.
Guterres also called for the delivery of the $100 billion in the climate finance for developing countries by the developed world.
The parties, he said must act on the crucial question of finance as it meant clarity on how the doubling of adaptation finance will be delivered through a credible roadmap.
“We have agreed solutions in front of us to respond to loss and damage, to close the emissions gap, and to deliver on finance. The climate clock is ticking, and trust keeps eroding.
“The parties at COP27 have a chance to make a difference here and now. I urge them to act — and act quickly,” the UN boss appealed. (NAN)
Foreign News
Taraba 2025 Appropriation Provides for Budget Funding Through Loans-Lawmaker

The Taraba House of Assembly has said that it’s approval for the Executive to secure a N350 billion bond from the Capital Market was in line with provisions of the 2025 appropriation law.Mr Jetro Yakubu, Majority Leader of the assembly, made the clarification on Friday while speaking to newsmen in Jalingo.
Yakubu revealed that the request to secure the loan was in tandem with the provisions of the 2025 appropriation bill passed into Law by the assembly. He stressed that Gov. Agbu Kefas of Taraba had already indicated in the budget proposals his intention to fund part of it through loans from financial institutions.According to him, the request could only become abnormal if it is outside the budgetary provision. Yakubu, who represents Wukari I State Constituency also noted that the assembly approved the loan because the governor had carried the it along right from the preparation of the Appropriation. “The governor is a leader that believes in carrying everybody along. He had already carried the assembly along right from when the appropriation was being prepared.“We don’t give approval for any loan that is not in the appropriation.“The governor is a very strategic thinker. The bond which is at N20 lbillion per year would be funded through Internally Generated Revenue (IGR) and not through Federal Accounts Allocation.“The governor is very passionate about stimulating the economy of the state so that the it can be viable to fund the bond,” he said.Daily Asset recalls that Kefas earlier requested an approval from the house of assembly to secure a N350 billion bond from the Capital Market.The legislators had since granted him the approval to borrow the funds. (NAN)
Vatican Plans For Pope Leo XIV To Meet U.S. VP Vance
Pope Leo XIV, the world’s first U.S. pope, plans to meet with U.S. Vice President JD Vance, a converted Catholic, on Sunday, during an inaugural mass for the new pontiff.
Vatican Secretary of State Cardinal Pietro Parolin said on Friday.
Parolin emphasised that the schedule and organisation for Sunday, with guests from more than 200 delegations worldwide, is very complex.
However, he said the protocol team is working on arranging the meeting.
Vance will lead the U.S. delegation for the 10a.m (0800 GMT) Mass on Sunday.
For the vice president, this marks a quick return to Rome.
He was the last senior international politician to visit with the late pope Francis just before his death.
U.S. President Donald Trump attended Francis’ funeral.
During a potential bilateral meeting between Pope Leo and Vance, international crisis hotspots, such as Russia’s war against Ukraine, are likely to be on the agenda.
After direct negotiations between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky failed to materialise in Turkey this week, the Vatican is being considered as a possible venue for talks.
“The situation is very difficult, dramatic,”said Parolin, who is considered the second most important figure in the Vatican after the pope.
He announced that Leo plans to potentially make the Vatican, the Holy See, available for a direct meeting between the two sides.
The Pope recently hinted that he wants to help in the search for peace in the conflict. (dpa/NAN)
Foreign News
China Urges U.S. To End ‘Unilateral Bullying’ of tech, AI firms

China has called on the United States to immediately reverse what it described as protectionist and unilateral bullying actions, and to stop the suppression of Chinese technology companies and the artificial intelligence (AI) industry.
A spokesperson for China’s Foreign Ministry made the remarks on Friday in response to recent U.
S. regulatory actions.According to reports, the U.
S. Department of Commerce’s Bureau of Industry and Security recently issued a statement declaring the use of Huawei’s Ascend chips a violation of U.S. export controls.It also warned of potential risks associated with allowing U.S.-developed AI chips to train Chinese AI models.
Foreign Ministry spokesperson Lin Jian condemned the move, saying the U.
S. was overstretching the concept of national security and abusing export controls and long-arm jurisdiction to unjustly target China’s chip and AI industries.“These actions seriously violate market principles, disrupt global supply chains, and infringe on the legitimate rights and interests of Chinese enterprises,” Lin said.
“China firmly opposes this and will never accept it,” he added, warning that Beijing would take resolute measures to defend its development rights and protect its companies (Xinhua/NAN)