» Iran's Currency Hits Record Low
24/03/24 12:31 from Economy - Voice of America
Tehran — Iran's currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year.  On Sunday, people were trying to exchange rials for foreign currency at Tehran's main hub of exch...

» World Bank Aims to Attract Private Investors to Developing Countries
24/03/24 03:41 from Economy - Voice of America

» China’s Renewables, Oil Consumption Fit Gulf States, Analysts Say
23/03/24 09:35 from Economy - Voice of America
Tel Aviv, Israel — During China’s annual national legislature this month, Premier Li Qiang announced plans to construct more solar and wind farms as well as hydropower projects. China is already the world’s largest producer of renewable ...

» How the New E.P.A. Rules Affect Toyota and Their Hybrid Cars
22/03/24 18:44 from NYT > Energy & Environment
The auto giant lobbied hard against tougher pollution rules. This week, the E.P.A.’s new rules proved favorable to hybrid technology, an area that Toyota dominates.

» At CERAWeek, Saudi Aramco C.E.O. Says Energy Transition ‘Visibly Failing’
22/03/24 17:52 from NYT > Energy & Environment
The comments by a Saudi executive raised questions regarding whose predictions about the future of oil and gas are more likely to be true.

» Utility-Caused Wildfires Are Becoming a National Problem
22/03/24 17:35 from NYT > Energy & Environment
Climate change is raising the risk of blazes that are started by power lines and other utility equipment in many parts of the U.S. besides California.

» Cocoa Prices Triple in One Year as Climate Change Hits Crops
22/03/24 17:27 from Economy - Voice of America
Nairobi, Kenya — With a week until Easter, chocolate lovers should brace themselves for higher prices when they purchase their favorite seasonal treats. A nonprofit environmental group says cocoa costs three times more than it did a year...

» Reddit, the Self-Anointed 'Front Page of the Internet,' Jumps 55% in Wall Street Debut
21/03/24 17:54 from Economy - Voice of America
NEW YORK — Reddit soared in its Wall Street debut as investors pushed the valued of the company close to $9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO at $34 a share, debuted Thurs...

» Chinese-Built Airport in Nepal Raises Worries of Debt Trap
21/03/24 15:32 from Economy - Voice of America
A China-funded international airport in Nepal opened more than a year ago but still hasn’t received international flights. With loan repayments for the Pokhara airport due to start soon, many worry Nepal has fallen into a debt trap. Henr...

» Climate Change Made an Early Heat Wave in West Africa 10 Times as Likely
21/03/24 06:01 from NYT > Energy & Environment
Temperatures in the region rose above 40 degrees Celsius in February, with humidity pushing the heat index even higher.

» The Zombies of the U.S. Tax Code: Why Fossil Fuels Subsidies Seem Impossible to Kill
20/03/24 19:11 from NYT > Energy & Environment
For the fourth year in a row, President Biden is trying to eliminate federal tax breaks for coal, oil and gas companies. But fossil fuel subsidies have proven difficult to stop.

» Geologists Make It Official: We’re Not in an ‘Anthropocene’ Epoch
20/03/24 15:22 from NYT > Energy & Environment
The field’s governing body ratified a vote by scientists on the contentious issue, ending a long effort to update the timeline of Earth’s history.

» Biden Touts America's 'Future' as Government Invests $8.5 Billion in Chipmaker Intel
20/03/24 13:22 from Economy - Voice of America
Chandler, Arizona — President Joe Biden on Wednesday celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants around the country, talking up the investment in th...

» Ukrainian Drone Strikes Hit Russia’s Oil Revenues
20/03/24 13:21 from Economy - Voice of America
A recent series of Ukrainian drone strikes targeting Russian oil refineries has significantly reduced Moscow’s processing capacity — as Kyiv and its allies aim to deprive Russia of its main source of revenue. Henry Ridgwell reports from ...

» New Study Reports Widespread Forced Labor Abuses
19/03/24 14:53 from Economy - Voice of America

» Bank of Japan Scraps Radical Policy, Makes First Rate Hike in 17 Years
19/03/24 10:54 from Economy - Voice of America

» All but 7 Countries on Earth Have Air Pollution Above WHO Standard
19/03/24 04:01 from NYT > Energy & Environment
New research found that fewer than 10 percent of countries and territories met World Health Organization guidelines for particulate matter pollution last year.

» In Paris, the Olympics Clean Up Their Act
17/03/24 21:18 from NYT > Energy & Environment
Organizers of the Games promise to slash greenhouse gas emissions by re-using historic buildings, adding bike lanes, even putting solar panels on the Seine. Will it work?

» Home Price Key Reason Some Voters Frustrated by US Economy
16/03/24 09:38 from Economy - Voice of America
WASHINGTON — Lori Shelton can't fathom ever having the money to buy a home — and that's a major reason why so many voters feel down on the economy ahead of this year's presidential election. Shelton, 67, drives an Uber to help pay rent i...

» Court Temporarily Halts S.E.C.’s New Climate Rules
15/03/24 23:52 from NYT > Energy & Environment
Two fracking companies had challenged requirements that some businesses disclose more information about the risks they face from climate change.

» Home Buying Costs Could Fall in Big US Real Estate Group Settlement
15/03/24 20:59 from Economy - Voice of America

» U.S. Approves $500 Million for Bahrain Oil Project, Despite Opposition
14/03/24 23:30 from NYT > Energy & Environment
The financing faced criticism that it doesn’t mesh with U.S. commitments on climate change. Earlier, two climate advisers had resigned over the plan.

» Energy Dept. Offers $2.3 Billion Loan to Boost Lithium Production
14/03/24 18:41 from NYT > Energy & Environment
Demand for lithium, which is used in electric vehicle batteries, has soared, but domestic production of the metal has lagged behind other countries.

» Observers: US Investments in Philippines Seen Easing Reliance on China
14/03/24 13:35 from Economy - Voice of America
Taipei, Taiwan — During a trade mission visit to Manila this week, U.S. Commerce Secretary Gina Raimondo announced plans to invest more than $1 billion in the Philippines’ tech sector and help double the number of semiconductor factories...

» Brazil’s Clashing Goals: Protect the Amazon and Pump Lots More Oil
13/03/24 15:44 from NYT > Energy & Environment
State-owned Petrobras could soon be the world’s third-biggest oil producer, in stark contrast to the country’s promises to fight climate change and slow Amazon destruction.

» Frank Popoff, Who Sought to Lead a Friendlier Dow Chemical, Dies at 88
12/03/24 17:06 from NYT > Energy & Environment
As chief executive, he pushed a company known for Agent Orange, napalm and chlorine to undo its confrontational reputation and promote environmental sustainability.

» US Inflation Rises in February in Sign Price Pressures Remain Elevated
12/03/24 14:04 from Economy - Voice of America
WASHINGTON — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden's reelection campaign, both of which are counting on a stead...

» Chinese Officials Acknowledge Economic Challenges
09/03/24 17:20 from Economy - Voice of America
BEIJING — China needs to do more to boost employment and stabilize its property market, top officials acknowledged Saturday, as policymakers struggle to revive the country's battered economy.  Beijing is grappling with a prolonged proper...

» US Economy Adds 275,000 Jobs in February
08/03/24 19:04 from Economy - Voice of America

» Winter Heat Waves and Hottest Ocean Ever
07/03/24 03:00 from NYT > Energy & Environment
Recent heat waves in cities worldwide have the hallmarks of global warming, researchers said. And last month was the hottest February on record.

» International Women’s Day 2024: The Economy Has a 'Female Face'    
06/03/24 16:26 from Economy - Voice of America

» Egypt Says It Reached Deal With IMF to Increase Bailout Loan
06/03/24 15:26 from Economy - Voice of America
CAIRO — Egypt said Wednesday it has reached a deal with the International Monetary Fund to increase a bailout loan to $8 billion.  Prime Minister Moustafa Madbouly announced the news in televised comments on Wednesday. Egypt has for mont...

» Green Architecture Hits a Growth Spurt
06/03/24 10:03 from NYT > Energy & Environment
Buildings made shaggy with vegetation or fragrant with wood are no longer novelties.

» It’s Not Officially the Anthropocene but Humans Have Changed the Planet
05/03/24 20:35 from NYT > Energy & Environment
Many of our imprints on nature will be preserved in the rocks, scientists say, even if this time isn’t yet recognized as a new geologic epoch.

» Global Warming Is Particularly Bad for Women-Led Families, Study Says
05/03/24 15:32 from NYT > Energy & Environment
New U.N. research shows that climate change disproportionately erodes income in households led by women in poorer countries. But there are ways to fix it.

» China Unveils Ambitious Economic Growth Target Despite Weak Public Confidence
05/03/24 12:52 from Economy - Voice of America
Taipei, Taiwan — China’s top leaders set an ambitious economic growth target of 5% for 2024 Tuesday, vowing to “seek progress while maintaining stability” amid a sluggish economy and weak confidence among investors and consumers.  Delive...

» China Unveils 5% Growth Target During Ceremonial Meeting of Parliament
05/03/24 11:36 from Economy - Voice of America
China kicked off its annual session of parliament Tuesday in Beijing. VOA’s Bill Gallo, who attended the event, says Chinese leaders are trying to put a positive spin on the many economic problems they face.

» He Wants Oil Money Off Campus. She’s Funded by Exxon. They’re Friends.
02/03/24 00:39 from NYT > Energy & Environment
The two friends, both climate researchers, recently spent hours confronting the choices that will shape their careers, and the world. Their ideas are very different.

» Nuclear Power Bill Passed by House, Support Grows in Congress
01/03/24 23:11 from NYT > Energy & Environment
Measures moving through Congress to encourage new reactors are receiving broad bipartisan support, as lawmakers embrace a once-contentious technology.

» New E.P.A. Rules Aim to Minimize Damage From Chemical Facilities
01/03/24 14:29 from NYT > Energy & Environment
The rules require facilities to explicitly address threats such as wildfires or flooding, including those linked to climate change.

» UK inflation steady in January; Uber to buy back $7bn in shares after first profit – as it happened
14/02/24 15:23 from Eurozone | The Guardian
Live coverage of business, economics and financial markets as the UK consumer price index sticks at 4%, below economists’ 4.2% forecast UK inflation remains unchanged at 4% The FTSE 100 has opened up 0.5%, possibly helped by a weaker pou...

» IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened
30/01/24 15:59 from Eurozone | The Guardian
Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023 Eurozone narrowly avoids recession as German economy shrinks IMF says global economy heading for ‘soft landing’ after copi...

» Eurozone narrowly avoids recession as German economy shrinks
30/01/24 12:18 from Eurozone | The Guardian
Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut Business live – latest updates Europe live – latest updates The 20-nation eurozone has narrowly avoided recession after the region’s economy flat...

» Hope fades for cut in interest rates for industrialised nations
25/01/24 18:49 from Eurozone | The Guardian
US Federal Reserve expected to hold rate, ECB says talks on reductions premature, and Bank of England could delay change until summer The prospect of early interest rate cuts this year across leading industrialised nations received a blo...

» Eurozone unemployment hits joint record low; UK election could prompt bond turmoil – as it happened
09/01/24 15:59 from Eurozone | The Guardian
Eurozone jobless rate has slipped back to record low of 6.4%, while BlackRock fears promises of looser fiscal policy could hit UK bond prices Risk of financial ‘wasted decade’ for poor countries, World Bank warns Today’s eurozone unemplo...

» Eurozone inflation rises to 2.9% after increase in energy costs
05/01/24 13:13 from Eurozone | The Guardian
December data comes amid speculation over when European Central Bank will cut interest rates Business live – latest updates Inflation across the eurozone rose in December after an increase in energy costs, reversing six months of consecu...

» Starmer, Brown, Sunak and Hunt lead tributes to former chancellor Alistair Darling – as it happened
30/11/23 22:32 from Eurozone | The Guardian
Alistair Darling was ‘one of the great chancellors’, says Jeremy Hunt, while Gordon Brown remembers “a statesman of unimpeachable integrity” Former chancellor Alistair Darling dies aged 70 Analysis: How underrated chancellor Alistair Dar...

» Eurozone inflation falls to within striking distance of 2% target
30/11/23 12:36 from Eurozone | The Guardian
November’s figures fuel speculation about timing of ECB interest rate cut as concerns grow about national finances Business live – latest updates Inflation across the eurozone fell by more than expected in November amid growing concerns ...

» EU hatches backup plan to lessen impact of 10% Brexit tariff on EVs
29/11/23 19:07 from Eurozone | The Guardian
Exclusive: ‘Cushion’ for carmakers facing looming tariff under deal for vehicles traded between EU and UK from start of 2024 The European Commission has hatched confidential Plan B proposals to “cushion” the impact of a looming 10% tarif...

» Eurozone banks starting to show ‘stress’ as loan defaults rise, ECB warns
22/11/23 13:42 from Eurozone | The Guardian
Rising interest rates have boosted profitability but are likely to limit demand and increase risk of bad debts, says central bank The balance sheets of eurozone banks are showing “early signs of stress” after a rise in loan defaults and ...

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