Monsoon rains have claimed the lives of hundreds of people across Asia, authorities said Monday, as rescue workers scrambled to reach remote areas of India, Pakistan and Myanmar in the wake of flash floods and landslides. Authorities in India say more than 120 people have died across the country in recent days, while more than a million have been displaced by rains worsened by a cyclone that barrelled through the Bay of Bengal last week. In neighbouring Myanmar the belt of heavy seasonal rains -- augmented by Cyclone Komen -- have killed 46 people so far and affected more than 200,000 with much of the country languishing under rooftop-high floods.
With one eye on his legacy, US President Barack Obama will Monday unveil what he called the "biggest, most important step we've ever taken" in the fight against climate change. The White House will release the final version of America's Clean Power Plan, a set of environmental rules and regulations that will home in on pollution from the nation's power plants, setting limits on power-plant carbon emissions for the first time. Plants will have to reduce carbon dioxide emissions by 32 percent from 2005 levels by 2030, in an ambitious drive which will boost the renewable-energy sector but which is already facing stern opposition.
ATHENS, Greece (AP) — Greece's main stock index plunged over 22 percent as it reopened Monday after a five-week closure, giving investors their first opportunity since late June to react to the country's latest economic crisis.