US President Joe Biden chastised the oil industry last week over soaring fuel prices at the heart of 40-year high inflation, warning of unspecified emergency measures. AFP
US President Joe Biden chastised the oil industry last week over soaring fuel prices at the heart of 40-year high inflation, warning of unspecified emergency measures. AFP
US President Joe Biden chastised the oil industry last week over soaring fuel prices at the heart of 40-year high inflation, warning of unspecified emergency measures. AFP
US President Joe Biden chastised the oil industry last week over soaring fuel prices at the heart of 40-year high inflation, warning of unspecified emergency measures. AFP

Biden calls clean energy a matter of national security


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US President Joe Biden told a climate conference for major economies that Russia's war in Ukraine shows the shift to renewable energy is a matter of national security, as well as key to preventing global warming.

“Russia's brutal and unprovoked assault on its neighbour Ukraine has fuelled a global energy crisis and sharpened the need to achieve long-term reliable energy security and security,” Mr Biden told the virtual summit hosted from the White House.

“The good news is that climate security and energy security go hand in hand.”

This was Mr Biden's third convening of the Major Economies Forum on Energy and Climate since he took office in 2021 with a vow to make the US a leader in the world's attempt to halt catastrophic global warming.

But it comes just as Mr Biden faces public anger over soaring fuel prices linked to fallout from Russia's invasion of Ukraine. At the same time, European countries are struggling to find ways to circumvent dependence on Russian oil and gas imports.

In his speech, UN Secretary General Antonio Guterres delivered a blistering attack on the oil and gas industry, accusing it of mirroring tobacco companies' tactics to push a “false narrative to minimise their responsibility for climate change”.

“Nothing could be more clear or present than the danger of fossil fuel expansion. Even in the short term, fossil fuels don't make political or economic sense. Yet we seem trapped in a world where fossil fuel producers and financiers have humanity by the throat,” he said.

However, the UN chief's message ran counter to the political realities facing Mr Biden as he tries to persuade the domestic oil industry to raise production and prepares for a visit to Saudi Arabia next month.

Americans are currently paying an average of $5 a gallon to fill their cars, up from $3 a year ago, and the increase is in turn fuelling wider inflation, now at a 40-year high.

A senior Biden administration official said 23 countries were represented at the video conference, representing most of the world's major economies and “focused around the mitigation that they will be taking” on climate impacts.

At a previous session in September 2021, Mr Biden and the EU announced a pledge to cut emissions of methane, a planet-warming gas. This was formally launched at the COP26 UN climate summit in Glasgow and now has 115 country signatories.

Friday's gathering was the largest leader-level gathering before COP27, the follow-up summit, set to take place in Egypt this November.

But Russia did not attend Friday's summit, highlighting diplomatic complications besetting the search for international co-operation on the global climate threat.

China was represented only at the level of its climate envoy, rather than President Xi Jinping, the White House said. And India was not on the official list of attendees, either.

Warning that the world must not let global climate change mitigation goals “slip out of our reach”, Mr Biden said “the window for action is rapidly narrowing”.

Despite the scramble to adapt global energy markets to fallout from the Ukraine war, Mr Biden insisted that long-term climate management, immediate economic goals and ending reliance on energy exporter Russia can all work together.

He cited the global pledge to end methane gas leaks and the practice of burning off, or flaring, unwanted gas at oilfields, calling on countries to “ramp up” their responses.

European economies are heavily reliant on Russian energy, but Mr Biden said an end to methane waste alone could solve that problem.

“Each year our existing energy system leaks enough methane to meet the needs for the entire European power sector. We flare enough gas to offset nearly all of the EU's gas imports from Russia,” he said.

“So by stopping the leaking and flaring of this super-potent greenhouse gas and capturing this resource for countries that need it we're addressing two problems at once.”

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

Richard Jewell

Director: Clint Eastwood

Stars: Paul Walter Hauser, Sam Rockwell, Brandon Stanley

Two-and-a-half out of five stars 

WWE TLC results

Asuka won the SmackDown Women's title in a TLC triple threat with Becky Lynch and Charlotte Flair

Dean Ambrose won the Intercontinental title against Seth Rollins

Daniel Bryan retained the WWE World Heavyweight Championship against AJ Styles

Ronda Rousey retained the Raw Women's Championship against Nia Jax

Rey Mysterio beat Randy Orton in a chairs match

Finn Balor defeated Drew McIntyre

Natalya beat Ruby Riott in a tables match

Braun Strowman beat Baron Corbin in a TLC match

Sheamus and Cesaro retained the SmackDown Tag Titles against The Usos and New Day

R-Truth and Carmella won the Mixed Match Challenge by beating Jinder Mahal and Alicia Fox

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
PROVISIONAL FIXTURE LIST

Premier League

Wednesday, June 17 (Kick-offs uae times) Aston Villa v Sheffield United 9pm; Manchester City v Arsenal 11pm 

Friday, June 19 Norwich v Southampton 9pm; Tottenham v Manchester United 11pm  

Saturday, June 20 Watford v Leicester 3.30pm; Brighton v Arsenal 6pm; West Ham v Wolves 8.30pm; Bournemouth v Crystal Palace 10.45pm 

Sunday, June 21 Newcastle v Sheffield United 2pm; Aston Villa v Chelsea 7.30pm; Everton v Liverpool 10pm 

Monday, June 22 Manchester City v Burnley 11pm (Sky)

Tuesday, June 23 Southampton v Arsenal 9pm; Tottenham v West Ham 11.15pm 

Wednesday, June 24 Manchester United v Sheffield United 9pm; Newcastle v Aston Villa 9pm; Norwich v Everton 9pm; Liverpool v Crystal Palace 11.15pm

Thursday, June 25 Burnley v Watford 9pm; Leicester v Brighton 9pm; Chelsea v Manchester City 11.15pm; Wolves v Bournemouth 11.15pm

Sunday June 28 Aston Villa vs Wolves 3pm; Watford vs Southampton 7.30pm 

Monday June 29 Crystal Palace vs Burnley 11pm

Tuesday June 30 Brighton vs Manchester United 9pm; Sheffield United vs Tottenham 11.15pm 

Wednesday July 1 Bournemouth vs Newcastle 9pm; Everton vs Leicester 9pm; West Ham vs Chelsea 11.15pm

Thursday July 2 Arsenal vs Norwich 9pm; Manchester City vs Liverpool 11.15pm

 

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Updated: June 19, 2022, 1:28 PM`