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Added on the 09/04/2020 14:00:00 - Copyright : EFE Inglés
Reports that Saudia Arabia may be willing to rein in crude production if Iran does the same are buoying hopes of a deal to cut output at next week's OPEC meeting. Ciara Lee reports.
Gulf oil producers led by Saudi Arabia have won the case for keeping OPEC output unchanged, overriding calls from some members of the exporters' group for action to halt a slide in crude prices. Ciara Lee reports.
The United States denounces Russia's veto that ended a UN panel monitoring sanctions on North Korea, accusing Moscow of seeking to hide its growing military cooperation. "Russia's actions today have cynically undermined international peace and security, all to advance the corrupt bargain that Moscow has struck with the DPRK," State Department spokesman Matthew Miller says, referring to the North by its official name, the Democratic People's Republic of Korea. SOUNDBITE
TSMC'S new chip plant in Japan will help to boost the resiliency of global chip supplies, the semiconductor giant's founder Morris Chang said Saturday. The factory "will, I believe, improve the resiliency of chip supply for Japan and for the world," the 92-year-old said at the opening ceremony, in a rare public appearance. SOUNDBITE
The OPEC oil cartel says there is no "single solution" to the energy transition as pressure grows to agree a phase-out of fossil fuels at the COP28 climate talks. "There is no single solution or path to achieve a sustainable energy future," said a speech by OPEC Secretary-General Haitham Al Ghais to the Dubai summit read on his behalf by the head of the cartel's research division, Ayed al-Qahtani. SOUNDBITE
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