Inflation at 31 Years High, USA-Mexico World Cup Qualifier: 5 Things Podcast

In today’s episode of the 5 Things podcast: Climate negotiations end in Scotland

Was anything actually achieved at COP26? In addition, business reporter Nathan Bomey talks about a 31-year high for inflation, national correspondent Trevor Hughes takes a closer look at school staff stress, Britney Spears’ conservatory may end today, and it’s the United States against Mexico in the men’s World Cup qualifiers.

Podcasts:True crime, in-depth interviews and more USA TODAY podcasts right here.

Press play on the player above to listen to the podcast and follow the printout below. This transcript was automatically generated and then edited for clarity in its current form. There may be some differences between the sound and the text.

Taylor Wilson:

Good morning, my name is Taylor Wilson and these are 5 things you need to know Friday, November 12, 2021. Today, a look back at the climate summit. Plus, inflation has risen to a generational high. And more.

Here are some of the best headlines.

  1. A court in military-ruled Myanmar has sentenced detained American journalist Danny Fenster to 11 years in prison for hard work. He was found guilty of several charges, including solicitation for allegedly spreading false or inflammatory information.
  2. A ninth victim has died from injuries following the crowd at the Houston Astroworld Festival. Bharti Shahani was a 22-year-old college student attending the concert with family members describing the crowd as a sinkhole.
  3. And a blizzard continues today in the Upper Midwest. Parts of Minnesota and Wisconsin are hit by some of the season’s first snow.

Taylor Wilson:

The COP26 summit on climate change ends today. And the UN Secretary-General, General Antonio Guterres, was blunt yesterday about the world’s climate goals.

General Antonio Guterres:

1.5 degrees is still within reach but in life support. And we face that if the current national contributions are implemented, we will face an increase in emissions in the next decade. And I would say that is why the agreement between the United States and China was so important. First of all, because it makes no sense to have the two major economies of the world at odds with each other, because one faces a threat to the survival of humanity and the planet, just like climate change. And the truth is, the Paris Agreement would not have been possible without the TGP Obama agreement. And this is even more true today. And secondly, because this agreement addresses the key issue we are currently facing, the need to reduce emissions in the next decade. Until the last moment, hope should be preserved.

Taylor Wilson:

Guterres referred to one of the major developments at the conference, the cooperation between the United States and China. The world’s two biggest carbon polluters came together earlier this week. Climate broadcast, John Kerry.

John Kerry:

President Biden had a conversation with President Xi a number of weeks ago in which both leaders expressed their hope that, despite areas of real difference, and we know there are, we could work together on the climate crisis. Now the two largest economies in the world have agreed to work together to lift climate ambitions in this crucial decade. It commits itself to a series of important actions, not in the long run, not heading into the future, but now, now during this decade, where necessary. Our presidents made it clear when they spoke all the way back in February last year, I think that even though we had these differences, it was very important for us to focus on global crises. This is a climate crisis. It is perhaps one of the most compelling problems we face as a planet, if not the most. I would say it’s mostly right now. And I think what we do is a responsible thing to do.

Taylor Wilson:

Meanwhile, the latest draft proposals earlier today at the Scotland summit call on countries to speed up the “phasing out of undiminished coal power and of inefficient subsidies for fossil fuels.” But an earlier proposal this week had been stronger, calling for the complete phasing out of coal and fossil fuel subsidies. The question of how to tackle the continued use of fossil fuels, which is responsible for much of global warming, has been one of the key points in the two-week negotiations. Researchers agree that it is crucial to seriously reduce or end their use as soon as possible in order to achieve the goals of the Paris Agreement from 2015. That is, to limit global warming to 1.5 degrees Celsius. Recent proposals at the conference also call on the world to reduce carbon dioxide emissions by 45% by 2030 compared to 2010 levels. And in order not to add additional CO2 to the atmosphere in the middle of the century, something the world is not heading for. Leaders have also been aware over the past two weeks that more needs to be done to help developing countries move away from fossil fuels. But rich nations failed to give them $ 100 billion annually by 2020, as agreed.

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