A new study has shown that unless there is a drop in carbon emissions globally, the lives of up to 410 million people will be threatened from sea level rises as they would be living in areas less than 2… Read More ›
Day: June 29, 2021
Policymakers Face ‘Daunting Challenges’ Due To Uneven Global Recovery, BIS Says
The Bank for International Settlement (BIS)’s annual report claimed on Tuesday that policy makers would find it dauntingly challenging to recalibrate the fiscal and monetary stimulus because of an uneven global recovery from the Ccovid-19 crisis. The BIS predicted its… Read More ›
Chinese Consumers Costs Will Not Be Impacted By Surge In Producer Prices, Says JPMorgan
Costs for Chinese consumers are likely not to experience a surge despite a recent increase in producer prices in the country, according to JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen… Read More ›
Calls For Reparations Over Racism Given By UNHRC Chief
A call for global action, including that of reparations to “make amends” of racism against people of African descent, was given by the United Nations Human Rights Council (UNHRC) in a new report. The new UNHRC report also urged governments… Read More ›
Deutsche Boerse acquires two-thirds stake in Swiss fintech Crypto Finance
In a statement German stock exchange operator Deutsche Boerse said, it is in the process of acquiring a two-thirds stake in Swiss fintech Crypto Finance, in a move aimed at expanding its offering for digital assets. Deutsche Boerse did not… Read More ›
Britain publishes carbon permits for aircraft operators from 2021-2025
In a statement the British government said, it has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under its domestic emissions trading system (ETS). The ETS is a method of… Read More ›
Private equity firm Bridgepoint plans London listing
In a statement private equity firm Bridgepoint said, it plans to raise $416 million (300 million pounds) through an IPO to help funds its growth and repay debt. The decision for a listing on the London Stock Exchange comes in… Read More ›
Washington eyeing stable, profitable relation with Moscow
In an interview to Italian daily La Repubblica, US Secretary of State Antony Blinken said, Washington hopes for a more stable and profitable relationship with Moscow, however, if the latter continues to “attack”, Washington will be forced to respond. “If… Read More ›
