Latest news bulletin | November 24th – Midday - video Dailymotion

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00:00Voting is underway in what's widely expected to be the first round of Romania's presidential election.

00:12It's past 3 a.m. and a new climate finance deal has just landed here in Baku.

00:18After hours of negotiations, countries have reached a compromise on the key sticking point,

00:23the so-called New Collective Quantified Goal, the very core issue of this summit.

00:28They've now agreed to provide $300 billion in annual climate finance by 2035.

00:34Earlier on Saturday, negotiators from the Least Developed Countries Group

00:39and the Alliance of Small Island States walked out of the meeting room

00:43as discussions between developed and developing nations over the latest draft text intensified.

00:50The debit over raising the $250 billion proposal made on Friday further deepened the divide between countries.

00:57The G77 plus China group, representing over 130 developing nations,

01:02demanded at least $500 billion annually by 2035,

01:07calling for more transparency about the structure and form of these funds.

01:12Many admitted it has not been an easy journey,

01:15and while the EU welcomed the outcome with a commissioner for climate stating in the plenary

01:19that the $1.3 trillion objective can still be achieved, India voiced its disappointment.

01:26Governments have also reached agreements on carbon markets and found a compromise on adaptation.

01:32Even though the new climate finance deal doesn't fully meet the request from poor countries,

01:38it has opened a new chapter in the climate talks

01:41and most importantly saved COP29 from the brink of collapse.

01:46Giorgia Orlandi for Euronews, COP29 in Baku.

01:51Voting is underway across Romania in what's widely expected to be the first round presidential election.

02:00Thirteen candidates are vying for the presidency

02:03and the vote is likely to go to a second round in early December.

02:07Leading in the polls is Prime Minister Marcel Ceaușescu,

02:11who is backed by the Social Democratic Party.

02:15He's currently polling at around 24% and represents the conservative nationalist side of the party.

02:22But far-right nationalist George Simeon is also in with a chance of winning, currently polling at 15%.

02:29The anti-European nationalist recently praised Donald Trump and denied allegations that he's a Russian spy.

02:36The second round is scheduled for the 8th of December.

02:40That's a week after parliamentary elections on the 1st,

02:43meaning Romania's whole political landscape could look very different before the end of the year.

02:53Thousands of people took to the streets of Barcelona to demand a 50% drop in rents

02:59and to call for a housing strike if the situation does not improve.

03:04Authorities reported 22,000 attendees, whilst organizers claimed it was 126,000.

03:10The protest, organized by the tenants' union, carried the slogan

03:15It's over in Catalan.

03:17The main demands include promoting indefinite contracts

03:21to put an end to blackmail and insecurity at the end of each contract,

03:25to recover housing for residential use and to prohibit speculative buy-in.

03:30A Bank of Spain report indicates that nearly 40% of Spanish renters

03:35spend an average of 40% of their income on rent and utilities,

03:39compared to the EU average of 23%.

03:42The rally in Barcelona comes just over a month after thousands marched the streets of Madrid.

03:49Ukraine's President Volodymyr Zelensky has said 321 port facilities

03:55have been damaged in Russian strikes since last July.

03:59That's raised concerns about how effectively Ukraine can ship its grain.

04:04Zelensky said Ukrainian exports provide food for 400 million people in 100 countries.

04:10He was speaking at the third Grain from Ukraine summit in Kyiv.

04:15Ukraine is a major global supplier of grain and before the Russian invasion

04:19exported 6 million tons of grain every month from its Black Sea ports.

04:23When Russia invaded in 2022, it blockaded those ports and grain exports collapsed.

04:29But in July 2022, shipments resumed under the Black Sea Grain Initiative,

04:34a deal mediated by the United Nations and Turkey.

04:37Russia exited the deal a year later, claiming provisions covering

04:41its own exports of grain and fertilizer weren't being honored.

Latest news bulletin | November 24th – Midday

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