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The prime minister of Barbados is somewhat of a rockstar at these climate talks, if there can be such a thing.

Yesterday at COP27, Mia Mottley was greeted at an event by a media swarm and packed youth audience, with one member from Trinidad and Tobago proudly exclaiming: “I’m here because I want Mia Mottley to run the Caribbean.”

That’s not just down to the searing attack she directed at the rich world on Monday – leaders lack “the simple political will” to “make a definable difference in the lives of the people who we have a responsibility to serve”, she said.

It also because she is trying to radically overhaul the global financial system, which she says was designed after the Second World War but is not fit for today’s number one challenge: the climate crisis.

Extreme weather events such as hurricanes, droughts and floods, which disproportionately hit vulnerable countries such as island nation Barbados, turn into bigger debt burdens for those who are already least able to afford them.

“If we have to borrow for climate, then it crowds out the borrowing we must do for education, for health care, for clean water,” Ms Mottley said in response to a question from Sky News on Tuesday.

“The system is broken,” she said, citing borrowing rates in the G7 costing between 1-4%, but in most of the Global South hitting some 12-14%.

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“So you begin to see the disparity,” she added.

A key part of the plan is to reform the IMF and multilateral development banks to provide debt relief and allow members to borrow cheaply from each other’s reserves, freeing up cash to help them to cope with climate change. It also lowers risk for lenders if countries are less likely to go bankrupt.

“How is it possible that we have these enormous international financial institutions in place,” asked Bilawal Bhutto Zardari, the Pakistani foreign minister, and yet still “when we come to face historic flooding, like we did in Pakistan, that we end up not only drowning in the floodwater, we also end up drowning in the debt as a result of having to rebuild?”

Pakistan, facing $40bn clear-up costs, is one country lobbying for “debt swaps”, championed by United Nations chief Antonio Guterres, where creditors allow poorer countries to redirect interest payments towards climate measures when disasters strike.

“People of Pakistan are literally paying in the form of their lives and their livelihoods for a crisis that they didn’t create,” the minister told Sky News in Sharm el-Sheikh.

Developing nations are ‘angry at the failure’

Part of the reason countries are so desperate is that rich polluting nations have broken a promise to fund $100bn a year of climate measures in poorer nations.

“Developing countries are angry at this failure… $100bn was only ever a fraction of the amount needed, a symbol of goodwill and of recognition of historical responsibility,” said Sarah Colenbrander, director of the climate programme at ODI, a global affairs think tank.

“So they have stepped forward with a number of responses and solutions themselves,” added Ms Colenbrander, who is observing thorny finance negotiations.

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Summit hinges on taboo issue of whether developed nations will pay climate compensation

The issue on everyone’s lips at the conference in Egypt is the idea that rich, polluting countries should pay compensation for the climate breakdowns battering their poorer, far less polluting counterparts.

The group of 20 (G20) major economies is responsible for a whopping 80% of climate-heating gases, while the whole of African is responsible for just 4%, but is suffering disproportionately.

In an historic moment, the concept of compensation made it on to the agenda of a United Nations conference for the first time, after years of lobbying by small island nations in particular. But rich countries such as the United States resist the idea, and the cash may not ever flow.

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Pakistan PM gives emotive speech at COP27

With no time to lose, the V20, a group of finance ministers from 58 vulnerable nations, are designing plans to supercharge green industries, and therefore their economies, by detaching the risk of the project from the perceived risk of investing in their country.

“The vulnerable nations bear the brunt of the crisis. However, we did the least to cause it and are least equipped to solve it,” the group’s chair, Ghana’s Ken Ofori-Atta, told Sky News.

African countries are on course to suffer a 20% hit to their GDP within 30 years if the world warms as predicted, according to a report released on “finance day” at the COP27 talks today, hammering home the risks for poor countries.

“So yes, to a certain degree, [countries are] being a lot more proactive about [finance] and insisting on one’s right for this right not to occur.”

“Developing countries are not the only ones who see that the system is broken,” added Ms Colenbrander. Developed nations are also seeking reforms to unlock money to fund climate measures.

“Obviously you’ve got a real opportunity for change, if you have everyone from Barbados to Pakistan to the US to Germany rallying behind demands for that multilateral system to do better. So I think we can expect quite a bold vision coming out” next year, she said.

Watch the Daily Climate Show at 3.30pm Monday to Friday, and The Climate Show with Tom Heap on Saturday and Sunday at 3.30pm and 7.30pm.

All on Sky News, on the Sky News website and app, on YouTube and Twitter.

The show investigates how global warming is changing our landscape and highlights solutions to the crisis.

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China’s premier air show wows spectators – but the West won’t have liked seeing Russia’s jets

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China's premier air show wows spectators - but the West won't have liked seeing Russia's jets

Outgoing US President Joe Biden is set to meet his Chinese counterpart Xi Jinping today for what is likely to be his last time as US president.

The two leaders are expected to hold talks on the sidelines of a meeting of Asia-Pacific leaders in the Peruvian capital, Lima.

It comes against the backdrop of increasing tension in the US-China relationship with a potential trade war looming under a Trump presidency, several China hawks tapped for US cabinet positions and China’s growing status among global south countries as an emerging leader of an alternative world order.

This week China was focused on events in the southern city of Zhuhai.

First there was a car ramming attack at Zhuhai’s sports stadium which left 25 people dead. A shocking event that was heavily censored in China.

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What happened at Zhuhai sports centre?

Less than an hour’s drive away the country was holding its premier air show.

It was a military enthusiast’s dream, and not even intermittent rain could keep the crowds of tens of thousands of people away from relishing in the roar of jets in the skies above Zhuhai.

China’s fighter jet fleet

One of the main drawcards was China’s newest stealth fighter the J-35A. It will join the country’s J-20 in service for the People’s Liberation Army Air Force (PLAAF).

A J-35A stealth aircraft flies during the exhibition. Pic: Reuters
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A J-35A stealth aircraft flies during the exhibition. Pic: Reuters

The J-10C was China’s aerobatics star of the show. There were daily displays of its prowess in sky-high manoeuvres and formations that impressed onlookers, leaving a streak of colours across the cloudy rain-clogged sky.

Pic from Nicole Johnston and team
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China’s aerobatic team

China’s military modernsiation programme is continuing apace

It boasts the largest navy in the world and the largest armed forces by active-duty personnel.

The People’s Liberation Army (PLA) Airforce is developing fast too.

Dr Nicole Leveringhaus, a China security expert from King’s College London, says: “China started with very little. It was devastated by wars on many fronts in the 30s and 40s. Its defence industry was depleted. In 70-plus years it’s built itself up and now we’re seeing the results.

“It’s an impressive feat to go from a bloated land-based peasant guerrilla army to what it has to today.”

Chinese pride and nationalism on display

Enjoying the air show spectacle, military fan Liu Liansong said: “I think the air show is great. It is a firm manifestation of the air force’s development from scratch. We as Chinese people feel very proud.”

Defence exhibition near Beijing
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Inside the air show


Defence exhibition near Beijing

The air show included massive exhibition halls of military hardware, from drones to robotics, firearms and mock missiles. Merely getting from one end of the venue to the other through densely packed crowds was a mission.

Russia in the air

The other crowd puller this week was Russia’s aerobatic air force unit, performing daily theatrics at dizzying speeds.

It is another sign of the deepening ties between China and Russia.

Defence exhibition
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Russia’s aerobatic team shows off for the crowd

One Russian tourist and recreational pilot, Yulia, told Sky News: “Both sides are looking for good communication in business, aviation and in many spheres including tourism.”

The secretary of Russia’s security council and former defence minister Sergei Shoigu also visited the air show, viewing both Chinese and Russian-made jets.

In Beijing, secretary Shoigu was quoted by Russian state media as saying: “I see the most important task as countering the policy of ‘dual containment’ of Russia and China pursued by the United States and its satellites.”

Defence exhibition near Beijing
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One of Russia’s jets up close

Defence exhibition near Beijing

The West is increasingly frustrated by China’s support of Russia. The US has sanctioned two Chinese companies, accusing them of being involved in the production of Russian aerial drones used on the battlefield.

China insists it is not supplying weapons to Russia.

One of the companies, Xiamen Limbach Aircraft Engine Co, had a small stand in one of the exhibition halls. Its representatives declined Sky News’ request for an interview.

Tariff war brewing

Despite the raw military might on display in Zhuhai, in China there is uncertainty and unease about what an impending Donald Trump presidency will mean for global trade.

Defence exhibition near Beijing.

President-elect Trump has threatened blanket tariffs of up to 60% on Chinese products exported to the US.

This would be a serious blow to China’s target GDP growth and comes at a time when the country’s economy faces deep-set challenges.

Read more:
Pictures show moment Israeli bomb exploded at Beirut apartment block
Scholz’s phone call with Putin opens ‘Pandora’s box’, says Zelenskyy

At the other end of the country, in Beijing analysts are weighing up the impact of possible tariffs and the Chinese government’s options to respond.

Senior Asia analyst Chim Lee, from The Economist Intelligence Unit, is not optimistic that a US-China agreement to minimise the damage can be reached.

Senior Asia Analyst Chim Lee
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Senior Asia analyst Chim Lee

“I think both sides have recognised that the era of making deals is passed,” Mr Lee said.

“We’re going to see China starting with some targeted measures, tariffs it feels more comfortable to impose,” he explained. “But there are also areas where China is starting to be a bit more aggressive.”

This action could include export controls on China’s production of critical minerals and retaliatory tariffs on US agriculture exports.

Trade competition, military posturing and complicated geo-political alliances have set the stage for a challenging next phase in US-China relations.

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Pictures show moment Israeli bomb exploded at Beirut apartment block

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Pictures show moment Israeli bomb exploded at Beirut apartment block

New pictures show the moment of impact as an Israeli missile hit a Beirut apartment block and exploded.

The block was one of five buildings destroyed by airstrikes on Friday alone.

Israel launched airstrikes in the southern suburbs of Beirut in a fourth consecutive day of intense attacks.

There were no immediate reports of casualties.

An Associated Press photographer captured a sequence of images showing an Israeli bomb approaching and hitting a multi-storey apartment building in Beirut’s Tayouneh area.

A bomb dropped from an Israeli jet prepares to hit a building in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)
A bomb dropped from an Israeli jet prepares to hit a building in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)

Richard Weir, a senior crisis, conflict and arms researcher at Human Rights Watch, reviewed the close-up photos to determine what type of weapon was used.

“The bomb and components visible in the photographs, including the strake, wire harness cover, and tail fin section, are consistent with a Mk-84 series 2,000-pound class general purpose bomb equipped with Boeing’s joint directed attack munition tail kit,” he told AP.

A bomb dropped from an Israeli jet hits a building in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)
Thick smoke and flames erupt from an Israeli airstrike on Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)
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Pics: AP

Smoke covers a building that collapses following an Israeli airstrike in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)
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Smoke covers a building that collapses following the strike. Pic: AP

Deadly strikes as bombardment stepped up

Israel stepped up its bombardment this week – an escalation that has coincided with signs of movement in US-led diplomacy towards a ceasefire.

The Israeli military said its fighter jets attacked munitions warehouses, a headquarters and other Hezbollah infrastructure. It issued a warning on social media identifying buildings ahead of the strikes.

Meanwhile, an Israeli airstrike killed five members of the same family in a home in Ain Qana in the southern province of Nabatiyeh, Lebanon’s state media said.

The report said a mother, father and their three children were killed but didn’t provide their ages.

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Three other Israeli strikes killed six people and wounded 32 in different parts of Tyre province on Friday, also in south Lebanon, the report said.

Video footage also showed a building being struck and turning into a cloud of rubble and debris that billowed into Horsh Beirut, the city’s main park.

Civil defense workers extinguish a fire as smoke rises from the site of an Israeli airstrike in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)
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Residents check the site of the airstrike in Tayouneh, Beirut. Pic: AP

Residents check the site of an Israeli airstrike in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)
Residents check the site of an Israeli airstrike in Tayouneh, Beirut, Lebanon, Friday, Nov. 15, 2024. (AP Photo/Hassan Ammar)

More than 3,200 people have been killed in Lebanon during 13 months of fighting between Israel and Hezbollah – most of them since mid-September.

About 27% of those killed were women and children, according to Lebanon’s health ministry.

Israel dramatically escalated its bombardment of Lebanon from September, vowing to cripple Hezbollah and end its barrages in Israel.

Friday’s strikes come as Lebanon’s caretaker prime minister has asked Iran to help secure a ceasefire in the war between Israel and Hezbollah.

The prime minister appeared to urge Ali Larijani, a top adviser to Iran’s supreme leader, Ali Khamenei, to convince the militant group to agree to a deal that could require it to pull back from the Israel-Lebanon border.

Iran is a main backer of Hezbollah and for decades has been funding and arming the Lebanese militant group.

On Thursday, Eli Cohen, Israel’s energy minister and a member of its security cabinet, said that prospects for a ceasefire with Lebanon were the most promising since the conflict began.

The Washington Post reported Israel’s Prime Minister Benjamin Netanyahu was rushing to advance a Lebanon ceasefire to deliver an early foreign policy win to his ally, US President-elect Donald Trump.

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Elon Musk hints 80-hour-a-week DOGE job for ‘high-IQ revolutionaries’ will be unpaid

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Elon Musk hints 80-hour-a-week DOGE job for 'high-IQ revolutionaries' will be unpaid

“Super high-IQ revolutionaries” who are willing to work 80+ hours a week are being urged to join Elon Musk’s new cost-cutting department in Donald Trump’s incoming US government.

The X and Tesla owner will co-lead the Department Of Government Efficiency (DOGE) with former Republican presidential candidate Vivek Ramaswamy.

And in a post on X, the official DOGE account put out a call to arms for people to sign up and help “dismantle government bureaucracy”.

The post said: “We are very grateful to the thousands of Americans who have expressed interest in helping us at DOGE.

“We don’t need more part-time idea generators.

“We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting.

“If that’s you, DM this account with your CV. Elon & Vivek will review the top 1% of applicants.”

Read more:
Who is in Trump’s top team?
Trump’s cabinet signals tough stance on China

Elon Musk speaks after President-elect Donald Trump spoke during an America First Policy Institute gala at his Mar-a-Lago estate. Pic: AP Photo/Alex Brandon
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Elon Musk speaking at an event held at Donald Trump’s Mar-a-Lago estate. Pic: AP Photo/Alex Brandon

In a reply to an interested party, Mr Musk suggested the lucky applicants would be working for free.

“Indeed, this will be tedious work, make lost of enemies & compensation is zero,” the world’s richest man wrote.

“What a great deal!”

When announcing the new department, President-elect Donald Trump said Mr Musk and Mr Ramaswamy “will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies”.

Mr Musk has previously made clear his desire to see cuts to “government waste” and in a post on his X platform suggested he could axe as many as three-quarters of the more than 400 federal departments in the US, writing: “99 is enough.”

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