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President Donald Trump will withdraw the U.S. from the Paris climate pact, saying it favors other nations at the expense of American workers. His decision angered European allies, religious leaders and corporate executives. Two high-profile business leaders quit the president's advisory council and Goldman Sachs's Lloyd Blankfein took to Twitter for the first time ever to express his disapproval. Trump's move also handed Chinese President Xi Jinping a golden opportunity to burnish his country's image as a clean-energy innovator and global leader in the drive to avoid possible catastrophic climate change. The U.S. president feels the Paris accord is too easy on the country. Guess we'll see what the future holds. Still have questions about Trump's decision today? This should explain everything. —Brent O'Brien
Trump is taking the battle over his travel ban to the Supreme Court. Still on the topic of the president, Donald Trump's administration has asked the nation's highest court to immediately reinstate his stalled travel ban, aiming to reverse a string of courtroom losses and setting up the biggest legal showdown of his presidency so far.
Wages for China's newest college graduates are plunging even as their ranks rise to a record. That's unwelcome news for the nation's young elite, but it may aid policy makers striving to shift the economy into higher technology industries and services.
Li Ka-shing's "diamond deal" is looking more like coal. Two years after Hong Kong's richest man reorganized his business empire, promising the new structure would make his shareholders wealthier, it seems they would have been better off cashing out.
This Indian billionaire is richer even after losing $513 million. Reliance Communications' plunge has yet to drag down the fortune of Anil Ambani, the company's chairman. The tycoon's net worth has inched up this year, even as shares of his wireless unit have plummeted 39 percent.
This is where intolerance is highest. The good news is that most people around the world don't say they believe any single race, religion or culture is better than another. But in a handful of troubled nations with developing economies, many say superiority does exist.
This "Lord of the Rings" desert is a battlefield once again, and this time the fight is over water. In the rugged heart of New Zealand's South Island, environmentalists and farmers are clashing over the Mackenzie Basin, an area known for its scorched-brown grasslands and crystal-blue lakes. Massive irrigation systems for cattle are spreading green circles of emerald-green pasture across the terrain. A typical dairy cow excretes 25-liters of nitrogen-rich urine per day and it all has to go somewhere.
To contact the editor responsible for this story: Brent O'Brien at baobrien@bloomberg.net, Adam Rollason
With assistance from Editorial Board
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