-Reuters   Kyoto Protocol extended; environmentalists, small nations say deal lacks ambition, does not do enough Climate negotiators agreed to a pact on Sunday that would for the first time force all the biggest polluters to take action on greenhouse gas emissions, but critics said the action plan was not aggressive enough to slow the pace of global warming. The package of accords extended the Kyoto Protocol, the only global pact that enforces carbon...

Delegates clashed over attempt to make agreement legally binding until deal was struck in pre-dawn hours Countries have agreed a deal in Durban to push for a new climate treaty, salvaging the latest round of United Nations climate talks from the brink of collapse. The UK's cimate change secretary, Chris Huhne, hailed the deal, finally struck in the early hours of Sunday after talks had overrun by a day and a half,...

-AP   A UN climate conference reached a hard-fought agreement Sunday on a complex and far-reaching programme meant to set a new course for the global fight against climate change for the coming decades. The 194-party conference agreed to start negotiations on a new accord that would put all countries under the same legal regime enforcing commitments to control greenhouse gases. It would take effect by 2020 at the latest. The deal also set...

What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club of...

-BBC   Inequality in earnings has doubled in India over the past two decades, a new report says, making it one of the worst performers among emerging economies. The Organisation for Economic Cooperation and Development (OECD) says the top 10% of wage-earners make 12 times more than the bottom 10%, compared to six times 20 years ago. The OECD says India has the highest number of poor in the world. Some 42% of its 1.21...