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Tech names drag down world stocks, oil dips on supply hopes
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Starmer vows 'orderly' transition as Labour MPs mull bid to be PM
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ACTIVIST SHAREHOLDER FILES SCHEDULE 13D IN EQUUS TOTAL RETURN, INC.
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England coach McCullum denies rift with 'good friend' Stokes
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Europe heatwave closes schools, threatens health
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India monsoon sweeps north but brings less rain than usual
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Germany eyes longer working lives in pension reform plan
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UK and markets await Burnham's economic plans
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Iran says won't allow UN inspectors at bombed nuclear sites
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Banned Vondrousova insists she has 'never doped'
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UN chief urges AI firms to 'come clean' over environmental footprint
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India startup head Kunal Shah appointed as new WhatsApp boss
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Israel's 'deliberate targeting' of children part of ongoing Gaza 'genocide': UN probe
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England, Ghana eye last 32 as Portugal look for lift-off
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Seoul's Kospi stock index tanks 10% to lead tech-fuelled Asia rout
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Sri Lanka troops to battle deadly dengue mosquitoes as cases rise
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Iran says to oversee Hormuz as Swiss talks conclude
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Diaspora World Cup champions diversity over division
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Australia withholds Pacific climate fund reports over risk of diplomatic 'damage'
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Kenya police violence victims say compensation promise a 'smokescreen'
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Indian startup head appointed as new WhatsApp boss
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EU bets on digital euro to cut US tech addiction
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Fineanganofo rethinks Newcastle move after All Blacks call-up
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'Let's be realistic': Haaland cools Norway's World Cup expectations
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Lightning, downpour, a two-hour delay: bad weather hits the World Cup
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Ultra-reclusive Turkmenistan slowly opens up to tourists
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Two-goal Haaland fires Norway into World Cup last 32
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Marc Bloch, historian and Resistance hero, joins France's Pantheon greats
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North Korea's Kim vows to accelerate military buildup
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Savea 'embraces challlenge' of leading All Blacks towards World Cup
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Mbappe scores twice as France beat Iraq at World Cup after two-hour storm delay
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Trump threatens prison for damage to Washington Reflecting Pool
Australia pumps cash into Great Barrier Reef protection
Australia unveiled a billion-dollar package to protect the climate-ravaged Great Barrier Reef on Friday, hoping to prevent the vast network of corals from being removed from UNESCO's World Heritage list.
Conservative prime minister Scott Morrison announced the Aus$1 billion (US$700 million) nine-year plan months after narrowly avoiding the reef being placed on UNESCO's "in danger" list.
"We are backing the health of the reef and the economic future of tourism operators, hospitality providers and Queensland communities that are at the heart of the reef economy," Morrison said.
The move comes ahead of a general election expected in May, when Morrison will have to win key Queensland seats near the reef to remain in power.
When the UN previously threatened to downgrade the reef's World Heritage listing in 2015, Australia created a "Reef 2050" plan and poured billions of dollars into protection.
The measures are believed to have arrested the pace of decline, but much of the world's largest reef system has already been damaged.
A recent study found bleaching had affected 98 percent of the reef since 1998, leaving just a fraction of it untouched.
The Morrison government's support for coal and reluctance to tackle climate change has seen the party bleed support in major cities and prompted the emergence of a string of electoral challenges from climate-focused independents.
Australians are overwhelmingly in favour of action to limit climate change, having experienced a string of warming-worsened disasters from bushfires to droughts and floods.
A 2021 poll by Sydney's Lowy Institute found 60 percent of Australians believed "global warming is a serious and pressing problem."
Eight in ten Australians supported a net-zero emissions target by 2050, which the government reluctantly adopted ahead of a landmark United Nations climate summit in Glasgow, Scotland last year.
One of the world's biggest exporters of coal and gas, Australia's economy is heavily reliant on fossil fuels. Its political parties also receive significant funds from coal and gas-linked donors.
L.Janezki--BTB