UAE-backed bid for Telegraph group dealt fatal blow by new legislation

Proposed law bans foreign states and government officials from holding direct stakes in UK newspapers

The UAE-backed bid for the Telegraph group appears to be dead in the water after the UK published proposed laws that ban foreign states or government officials from holding any direct stakes in newspaper assets.

Foreign states and government officials will be banned from holding any direct stakes in newspaper assets – effectively dealing a death blow to the £600m bid for the Telegraph group from RedBird IMI, a consortium backed by the United Arab Emirates.

The head of a foreign state.

A foreign government.

Authorities responsible for administering the affairs of an area within a foreign country.

Governing political parties.

Officers of governing political parties.

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Telegraph takeover: UK planning new laws to prevent foreign states owning assets

New legislation could thwart planned £600m purchase of media group by UAE-backed consortium

The UK government plans to introduce legislation that would prevent foreign governments owning UK newspapers and news magazines in a significant move that could scupper the planned £600m sale of the Telegraph to a United Arab Emirates-backed consortium.

RedBird IMI – a partnership between a fund backed by the UAE’s vice-president, Sheikh Mansour bin Zayed Al Nahyan, and a privately owned US investment firm – is seeking to acquire one of the UK’s most influential newspaper groups.

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Telegraph suitor to buy Traitors and Fleabag maker All3Media for £1.15bn

RedBird IMI, which is majority-owned by the UAE vice-president, has invested in five media firms since its launch a year ago

The Abu Dhabi-backed company that is trying to take over the Telegraph newspapers has announced a £1.15bn deal to buy the production company behind Fleabag and the Traitors.

Under the deal, RedBird IMI, which is headed by the former CNN president Jeff Zucker, will take over London-based All3Media with the agreement of its owners Warner Bros, Discovery and Liberty Global.

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‘A gift to Moscow’: dismay as NYPD takes part in UAE Swat games with Chechnya and Belarus

Event has already been widely used as PR opportunity for notorious Chechen unit accused of war crimes in Ukraine

Led out by a beaming Adam Kadyrov, the son of the Chechen leader, Ramzan Kadyrov, a group of muscular men sporting black beards strode on to the brightly illuminated stage in Dubai last week to receive gold medals and a $5,000 (£3,960) cheque.

The men were members of the notorious Chechen Akhmat Kadyrov special police regiment, a group that Ukrainian officials have said was responsible for some of the worst atrocities in the war with Russia. The unit had just won one of the contests at the international Swat Challenge games, which are held each year in the United Arab Emirates.

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Iran-backed hackers interrupt UAE TV streaming services with deepfake news

Microsoft analysts cite reports saying disruption by group known as Cotton Sandstorm also reached audiences in UK and Canada

Iranian state-backed hackers interrupted TV streaming services in the United Arab Emirates to broadcast a deepfake newsreader delivering a report on the war in Gaza, according to analysts at Microsoft.

The tech company said a hacking operation run by the Islamic Revolutionary Guards, a key branch of the Iranian armed forces, had disrupted streaming platforms in the UAE with an AI-generated news broadcast branded “For Humanity”.

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Telegraph takeover decision put back by fresh inquiry into Barclay family’s UAE-backed deal

Regulators’ reports on public interest risk now due on 11 March after late change in consortium’s structure prompts further review

A second investigation has been launched into the Barclay family’s deal to transfer control of the Telegraph newspaper group, pushing the deadline for regulators’ reports on the public interest threat it poses by more than six weeks.

The UK government moved swiftly to order the second watchdog inquiry after the Barclays’ UAE-backed consortium partner revealed a last-minute corporate structure change.

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Vodafone should spin off sensitive work after UAE deal, say UK officials

National security concerns focus on arm of Vodafone that provides sensitive tech to government departments and agencies

Vodafone should be forced to spin off its most sensitive activities in order to quash national security concerns raised by a United Arab Emirates-backed telecoms group swooping on its shares, government officials have told the Guardian.

The deputy prime minister, Oliver Dowden, announced on Wednesday that the deal involving Emirates Telecommunications Group building a 14.6% stake in Vodafone presented a “national security risk” to the UK due to Vodafone’s role “as a strategic supplier of services” to government departments, including those “which are in support of national security”.

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Emirates-backed stake in Vodafone is security risk, says UK

UAE firm’s increased investment prompts Cabinet Office order for security panel at telecoms company

The stake in Vodafone held by a United Arab Emirates-backed telecoms group poses a national security risk to the UK, the government said.

The Cabinet Office issued a notice late on Wednesday warning that the 14.6% stake held in Vodafone by Emirates Telecoms, which is also known as e&, amounted to a security concern given Vodafone’s strategic role in the country’s telecommunications services.

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Cop28 president says his firm will keep investing in oil

Exclusive: Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal

The president of the Cop28 climate summit will continue with his oil company’s record investment in oil and gas production, despite coordinating a global deal to “transition away” from fossil fuels.

Sultan Al Jaber, who is also the chief executive of the United Arab Emirates’ national oil and gas company, Adnoc, told the Guardian the company had to satisfy demand for fossil fuels.

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Gulf states press for two-state roadmap after UN vote on Israel-Gaza war

UAE and Qatar say they will not again fund Gaza reconstruction without Israeli concession, as US isolation grows

Gulf states are capitalising on the resounding vote at the UN general assembly in favour of calling for a humanitarian ceasefire in Gaza by warning the US they will not once again fund the reconstruction of Gaza unless Israel agrees to a published roadmap to a two-state solution.

In Israel the general assembly vote was dismissed as a further sign of anti-Israeli bias at the UN. But with the US national security adviser, Jake Sullivan, due to visit the region, pressure is building on Israel to show greater flexibility about what will constitute a military victory and how Gaza will be administered once the war ends.

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Cop28: landmark deal to ‘transition away’ from fossil fuels agreed – as it happened

This live blog is now closed, you can read more on this story here

We are shortly expecting a plenary to take place. The plenary sessions are the decision-making sessions of the Cops. They can be formal, in which a final decision will be made at the end, or informal (also called stocktaking), in which the purpose is to get reaction to the text before a new version is worked on. This one is informal to begin with, according to the UNFCCC, which suggests we may still be some time away from the end of this Cop.

In practice, the plenaries means every country gets a chance to share their view of the new text in an open forum, with discussion and debate taking place in the hope of reaching a final agreement. Sometimes this can be quite dramatic, and it is a rare moment in which countries from around the world, developed and developing, have to listen to each other. We will be following it live and posting excerpts from the country delegate speeches, as well as ongoing wider reaction to the text.

If this text is adopted … it will show a collective recognition that we must turn away from fossil fuels and move towards a cleaner future. Champions for this vision – both small island states and major economies – have worked tirelessly overnight. However, it is clear that not everyone is ready to admit the truth of what’s needed. This text alone might help avoid disaster in Dubai but it does not avoid disaster for the planet.”

I suspect that the language in this new draft text on the Global Stocktake, calling for countries to contribute to a transition away from fossil fuels in energy to achieve net zero by 2050, will be too weak for some Parties.

For the first time in three decades of climate negotiations the words fossil fuels have ever made it into a Cop outcome. We are finally naming the elephant in the room. The genie is never going back into the bottle and future Cops will only turn the screws even more on dirty energy.

Although we’re sending a strong signal with one hand, there’s still too many loopholes on unproven and expensive technologies like carbon capture and storage which fossil fuel interests will try and use to keep dirty energy on life support.

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Cop28 live: UK accused of ‘outrageous dereliction of leadership’ as climate change minister leaves conference

Fury as Graham Stuart returns to London as Caroline Lucas says UK has ‘obliterated its moral authority’

Tuesday morning at Cop28 and we’re back in a waiting game. Heads of delegation met until the early hours, mostly expressing their deep unhappiness with the draft text produced by the summit presidency late Monday afternoon.

The scheduled end of the two-week conference has come and gone – that was 11am local – and as yet there is no new text to replace the document from yesterday. Anybody who says they know when this will end is guessing.

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Elements of new Cop28 text are ‘fully unacceptable’, say EU climate chiefs – as it happened

EU’s climate commissioner says there must be ‘deeper discussions with many other partners’. This live blog is closed

The UN secretary general, António Guterres, has been speaking to reporters at Cop28, underlining the significance of the next few hours of negotiations.

“We are in a race against time. As I said at the opening of Cop28, our planet is minutes to midnight for the 1.5C limit. And the clock keeps ticking. Cop28 is scheduled to wrap up tomorrow, but there are still large gaps that need to be bridged. Now is the time for maximum ambition and maximum flexibility,” he said.

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Cop28: ‘failure is not an option,’ says summit president – as it happened

Sultan Al Jaber calls for countries to come together amid disagreements over the future of climate action

China ‘would like to see agreement to substitute renewables for fossil fuels’

There is some more food-related news from the conference today, writes Fiona Harvey.

The Alliance of Champions for Food Systems Transformation (ACF) launched on Sunday, a group that’s being called the “high ambition coalition for food”. It has Brazil, Sierra Leone and Norway as co-chairs, and other prominent members include Rwanda and Cambodia.

Strengthen national visions and food systems transformation pathways, inclusive of 10 priority action areas and consistent with science-based targets.

Update Nationally Determined Contributions (NDCs), National Adaptation Plans (NAPs), Long-Term Low Emission Development Strategies (LT-LEDS),​​ and National Biodiversity Strategies and Action Plans (NBSAPs) in line with these updated National Food System Transformation Pathways and/or Implementation Plans, by 2025 at the latest.

Report annually on targets and priority intervention areas

“Peasant family farmers, Indigenous and local communities, forest collectors, pastoralists, fisherfolk, and agricultural workers, are among the populations most harshly affected by climate change worldwide. Yet they are also the central actors who can sustainably transform food systems. Supporting their livelihoods through specifically tailored public policies is essential to achieve an agroecological transition towards healthy, resilient and sustainable food systems.”

Let’s face it: climate summits are broken. The delegates talk and talk, while Earth systems slide towards deadly tipping points. Since the climate negotiations began in 1992 more carbon dioxide from burning fossil fuels has been released worldwide than in all preceding human history. This year is likely to set a new emissions record. They are talking us to oblivion.

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‘Come with solutions’: Cop28 president calls for compromise in final meetings

Sultan Al Jaber urges nations to be flexible as talks reach impasse over whether to phase out or phase down fossil fuels

Ministers and negotiators must come to the vital final meetings of Cop28 without prepared statements, without rigid red lines, and be prepared to compromise, the president of the UN climate summit has said.

Sultan Al Jaber, whose position is now pivotal to the talks as they enter their final days, on Sunday convened a majlis of all countries, a meeting in the traditional form of an elders’ conference in the United Arab Emirates.

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Cop28: petrostate Azerbaijan to host next UN climate summit in 2024 – as it happened

This live blog is now closed, you can read more on this story here

The other day, our eagle-eyed reporter Patrick Greenfield spotted former chancellor Kwasi Kwarteng striding through the Cop complex.

We all wondered what on earth Kwasi, who was at the top of a government which tried to overturn the UK’s fracking ban, could be doing at Cop, and whether the chancellor who crashed the UK economy was a vital part of the negotiating team.

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Cop28: president says summit ‘has already made history’ as negotiations enter final days – as it happened

Sultan Al Jaber holds press conference at start of second week as summit focuses on children, education and food

Canada has been asked by the Cop28 president, Sultan Al Jaber, to help develop language on the potential phase down or phase out of fossil fuels, its environment minister told reporters on Friday morning.

Steven Guilbeault, a former activist who is environment minister for the fourth largest oil and gas producer in the world, announced that Canada would require its fossil fuel industry to cut its emissions between 35% to 38% below 2019 levels starting in 2030 on Thursday.

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Beach? Shopping? Sleep? How Cop28 is spending its rest day

The 80,000 delegates are thinking of how best to unwind from the climate summit ‘whirlwind’ in Dubai on their only day off

From the world’s largest waterpark to an indoor ski resort in a shopping centre, Cop28 delegates will have plenty of options to choose from on their only day off at the climate summit.

After an exhausting week of negotiations, events and protests, the 80,000 delegates in the United Arab Emirates will have a chance to enjoy Dubai ahead of the final push.

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Cop28: UN climate chief warns nations not to ‘fall into the trap of point-scoring’ – as it happened

Simon Stiell says’ ‘we need highest ambition, not point scoring or lowest common denominator politics’. This live blog is closed

Countries negotiating at Cop28 must not fall into the trap of point-scoring and “lowest common denominator politics”, Simon Stiell, the UN’s climate chief, has said.

Stiell, who is executive secretary of the UN framework convention on climate change, the structure under the auspices of which the climate summit is held, spoke at a press conference in Dubai as Cop28 reached its midpoint. He said:

All governments must give their negotiators clear marching orders. We need highest ambition, not point scoring or lowest common denominator politics.

We have a starting text on the table … but it’s a grab bag of wishlists and heavy on posturing. The key now is to sort the wheat from the chaff.

For all intents and purposes, moving towards the phase-out of fossil fuel combustion is necessary to keep the 1.5C goal of the Paris Agreement within reach.

Scenarios consistent with this goal require a complete phase-out of coal by 2050 and rapid phase-down of oil and gas (halved every decade). After 2050 the world needs to rapidly move into net negative emissions, particularly after a number of decades of 1.5C overshoot.

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‘The science compels: phase out fossil fuels’ – Mary Robinson responds after Cop28 row – live

Former president of Republic of Ireland makes first comments since Sultan Al Jaber told her a fossil fuel phase out could mean ‘going back into caves’

Alok Sharma, an MP for the Conservative party in Britain and president of Cop26 that was held in Glasgow two years ago, has made some comments about Al Jaber’s presidency: “everyone should be questioned,” he says.

Environment ministers from Germany and Colombia have led an open letter calling for the inclusion of nature in the global stocktake outcome, which countries are negotiating at Cop28.

“The GST provides a critical moment to recognize the importance of just and inclusive means of implementation, and address the significant finance gap for nature-based solutions,” said Muhamad. “In particular, the involvement and respect for the rights of Indigenous Peoples and local communities is critical, in addition to the urgent need to align financial flows to enable the transformations required to deliver the Paris Agreement goals.”

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