US, China Climate Envoys Meet at COP27 Summit in Egypt

US climate envoy John Kerry delivers a speech during a discussion about oceans and water at the US pavilion in the Sharm el-Sheikh International Convention Center, in Egypt's Red Sea resort city of the same name, during the COP27 climate conference on November 15, 2022. (AFP)
US climate envoy John Kerry delivers a speech during a discussion about oceans and water at the US pavilion in the Sharm el-Sheikh International Convention Center, in Egypt's Red Sea resort city of the same name, during the COP27 climate conference on November 15, 2022. (AFP)
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US, China Climate Envoys Meet at COP27 Summit in Egypt

US climate envoy John Kerry delivers a speech during a discussion about oceans and water at the US pavilion in the Sharm el-Sheikh International Convention Center, in Egypt's Red Sea resort city of the same name, during the COP27 climate conference on November 15, 2022. (AFP)
US climate envoy John Kerry delivers a speech during a discussion about oceans and water at the US pavilion in the Sharm el-Sheikh International Convention Center, in Egypt's Red Sea resort city of the same name, during the COP27 climate conference on November 15, 2022. (AFP)

US climate envoy John Kerry met Tuesday with his Chinese counterpart at annual United Nations climate negotiations in Egypt in a further hint of improving relations between the world's top two polluters, seen as vital for substantial progress against global warming.

The meeting between Kerry and China's top climate official Xie Zhenhua raised prospects for a full-fledged resumption of climate talks between the two countries, which Beijing put on hold three months ago in retaliation for US House Speaker Nancy Pelosi’s trip to Taiwan.

Kerry and Xie met for about 45 minutes at the Chinese delegation’s offices in the COP27 conference zone. Neither side revealed much after it was over. The Chinese officials left without commenting.

“We had a very good meeting,” Kerry said. It was “much too early” to talk about any remaining differences, he said. “But we’re gonna go to work.” A day earlier, Chinese President Xi Jinping agreed in talks with US President Joe Biden to resume the talks.

Government officials in Sharm el-Sheikh since Monday are pushing for a substantial climate deal by the time the meeting is supposed to wrap up on Friday. Officials from developing nations, meanwhile, have been increasingly lashing out in anger and frustration at wealthy countries at the gathering, known as COP27, condemning them for not doing enough to cut back emissions or help them cope with a warming Earth.

The Associated Press obtained a first draft of the overarching decision proposed by Egypt, which touches on many of the points that delegations say are important to them, including reducing emissions, adapting to climate change, providing funding for poor nations suffering loss and damage caused by extreme weather, and sticking to the limit of 1.5 degrees Celsius of warming.

It doesn't explicitly mention a proposal from India calling for a phase down of fossil fuel use, disappointing green groups. Last year’s Conference of the Parties, or COP, ended with a call to phase down coal.

“While this is merely a skeleton of the Egyptian presidency’s draft of a COP cover note, Greenpeace is shocked that it has no backbone,” the environmental group said in a statement.

EU climate chief Frans Timmermans said the bloc’s position is that “obviously we’re all in favor of phasing down any fossil fuels” but this shouldn't undermine the goal of ending use of coal, the most polluting fossil fuel.

Egyptian diplomat Wael Aboulmagd, speaking for the chair of the meeting, said a more detailed draft of the so-called cover decision would be circulated following consultations with delegations later Tuesday. He didn't rule out including a call to end fossil fuel use in the final text.

Another major sticking point has been the issue of “loss and damage,” with developing countries demanding richer industrialized nations — whose emissions have been the main cause of climate change — pay for damages already being wreaked on them by climate-related disasters.

China and a broad group of developing countries known as the G77 put forward a proposal to create a such a fund into which developing nations would pay. The draft proposal, seen by The Associated Press, calls for the fund's rules to be finalized by the next UN climate talks in 2024.

The US and other developed countries have made clear they won’t agree to a fund that implies legal liability for climate change.

A string of officials from poorer countries — particularly island nations — expressed their fury at the reluctance in speeches or in remarks to journalists Tuesday.

Delaying tactics anger “people like ourselves who are at the frontline, in the front of the impact of climate change and sea level rise, when in fact we do not cause climate change,” Seve Paeniu, the head of the delegation of the Pacific island nation of Tuvalu, told the Associated Press.

The ambassador of Antigua and Barbuda to the UN said his nation won’t leave the summit without the establishment of a “loss and damage” fund, and he slammed developed nations for continuing to use or even ramping up fossil fuels.

“The system is being gamed at our expense ... and the expense of future generations,” Conrod Hunte said, denouncing "the inaction of many developed countries."

The climate change minister of Nauru, another Pacific nation, denounced what he called pressure on vulnerable countries to compromise.

"We have allowed ourselves to become props in environmental campaigns,” Rennier Gadabu said, in one of the more powerful speeches to delegates.

“The decision makers, those with real powers, simply do not care,” Gadabu said. “They do not care about the communities that will be displaced and destroyed. They do not care about the food and water shortages that ravage poor countries. All they care about is power, pure and simple.”

Samoa's prime minister appealed to countries to respond as strongly to the threat of global warming as they did to the coronavirus pandemic.

Fiamē Naomi Mataʻafa said her country and other Pacific states are “at the mercy of climate change and our survival hangs in the rush of the climate hourglass.” She praised those major emitters who have made commitments to sharply cut their greenhouse gas emissions, but said those are still too few.

“Why is it not possible to apply the same level of urgency of action witnessed for the COVID-19 pandemic to the meeting of the 1.5-degree Celsius promise?” she asked.

Timmermans said the EU is willing to address demands for “loss and damage” money “including new funding arrangements,” he said, but indicated this would take time.

There were also some pledges for improved greenhouse gas emissions reductions targets, which didn't satisfy green groups.

Timmermans said the EU is raising its target for emissions reductions by 2030, albeit slightly to 57%, from the existing 55% pledge, compared with 1990 levels. He said the increase showed the EU was not “backtracking” on its commitments because of the energy crisis sparked by Russia’s war in Ukraine.

Environmental groups compared the EU’s increased target to breadcrumbs, saying the bloc’s fair share should be cuts of at least 65% by 2030.

Türkiye’s environment minister Murat Kurum, meanwhile, said its target is rising to 41% from the existing 21% goal. Green groups said while the numbers look good that’s because Türkiye had been proposing to raise its emissions by a third in the same time frame, so the higher amount would need a bigger cut.

Also Tuesday, Ugandan climate activist Vanessa Nakate slammed world leaders who persist in backing new fossil fuel projects despite science warnings that this will push temperatures across the planet to dangerous highs.



Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
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Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)

Russia's defense ministry released video footage on Wednesday of what it said was a downed drone at a briefing intended to show Ukraine tried this week to attack a presidential residence and challenge Kyiv's denials that such an attack took place. 

Kyiv says Moscow has produced no evidence to support its allegations and that Russia invented the alleged attack to block progress at talks on ‌ending the war ‌in Ukraine. Officials in several ‌Western ⁠countries have ‌cast doubt on Russia's version of events and questioned whether there was any attack. 

Video footage released by Russia's defense ministry showed a senior officer, Major-General Alexander Romanenkov, setting out details of how Moscow says it believes Ukraine attacked one of President Vladimir Putin's residences in ⁠the Novgorod region. 

Romanenkov said 91 drones had been launched from Ukraine's Sumy ‌and Chernihiv regions in a "thoroughly ‍planned" attack that he said ‍was thwarted by Russian air defenses, caused ‍no damage and injured no one. 

The video released by the ministry included footage of a Russian serviceman standing next to fragments of a device which he said was a downed Ukrainian Chaklun-V drone carrying a 6-kg explosive device which had not detonated. 

The ministry did ⁠not explain how it knew what the device's target was. 

Speaking to Reuters, Ukrainian Foreign Ministry spokesperson Heorhii Tykhyi said the footage was "laughable" and that Kyiv was "absolutely confident that no such attack took place". 

Reuters could not confirm the location and the date of the footage showing fragments of a destroyed device. The model of the destroyed device could not be immediately verified. 

Other footage featured a man, identified as Igor Bolshakov from a ‌village in the Novgorod region, saying he had heard air defense rockets in action. 


China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
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China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)

Beijing slammed on Wednesday countries including Japan and Australia for their "irresponsible" criticism of China's military drills in waters around Taiwan.

China launched missiles and deployed dozens of fighter jets, navy ships and coastguard vessels around the island on Monday and Tuesday in live-fire drills.

There has been a chorus of international criticism of China's drills, including from Japan, Australia and European countries.

Japan said Wednesday that China's exercises "increase tensions" across the Taiwan Strait, while Australia's foreign ministry condemned the "destabilizing" military drills.

The European Union on Tuesday said the military activity "endangers international peace and stability".

Beijing on Wednesday hit back at the remarks.

"These countries and institutions are turning a blind eye to the separatist forces in Taiwan attempting to achieve independence through military means," foreign ministry spokesman Lin Jian told reporters at a news briefing.

"Yet, they are making irresponsible criticisms of China's necessary and just actions to defend its national sovereignty and territorial integrity, distorting facts and confusing right and wrong, which is utterly hypocritical."

Lin said Beijing appreciated countries such as Russia, Pakistan and Venezuela expressing their support for China.

"We want to reiterate China's unwavering resolve for safeguarding national sovereignty, security and territorial integrity," he added.

"Any egregious provocative act that crosses the line on the Taiwan issue will be met with a firm counter from China."


Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran on Wednesday appointed a new governor to the central bank after the former one resigned following a record currency fall against the US dollar that sparked large protests.

The plummeting of the rial, Iran's currency, sparked the largest protests in the country in three years, with rallies that began Sunday and continued until Tuesday.

A report by the official IRNA news agency said President Masoud Pezeshkian’s Cabinet appointed Abdolnasser Hemmati, a former economics minister, as new governor of the Central Bank of Iran. He replaces Mohammad Reza Farzin, who resigned on Monday.

Experts say a 40% inflation rate led to public discontent. The US dollar traded at 1.38 million rials on Wednesday, compared to 430,000 when Farzin took office in 2022.

Many traders and shopkeepers closed their businesses and took to the streets of Tehran and other cities to protest.

The new governor's agenda will included a focus on controlling inflation and strengthening the currency, as well as addressing the mismanagement of banks, the government’s spokeswoman Fatemeh Mohajerani wrote on X.

Hemmati, 68, previously served as minister of economic and financial affairs under Pezeshkian.

In March parliament dismissed Hemmati for alleged mismanagement and accusations his policies hurt the strength of Iran’s rial against hard currencies.

A combination of the currency's rapid depreciation and inflationary pressure has pushed up the prices of food and other daily necessities, adding to strain on household budgets already under pressure due to Western sanctions on Iran over its nuclear program.

Inflation is expected to worsen with a gasoline price change introduced in recent weeks.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after President Donald Trump unilaterally withdrew the United States from it in 2018, during his first term.