Published by Promoting Economic Pluralism
By taxing carbon-intensive imports, the EU says it will help its domestic companies take ambitious climate action while still remaining competitive with firms in nations where environmental laws are less strict. There …
Can ‘carbon border adjustment mechanisms’ help tackle climate change? Read More
The government’s ambition to deliver a decade of national renewal will only be possible if it provides £32bn capital funding a year for mayors and local councils, new analysis from …
Mayors and councils need £32bn capital funding injection for decade of renewal Read More
KUALA LUMPUR, Malaysia (AP) — Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology Thursday over the looting of a state investment fund worth billions of dollars “under my watch” …
Jailed former Malaysian leader apologizes for fund embezzlement scandal, reiterates his innocence Read More
LONDON, Oct 25 (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, …
Morgan Stanley lowers climate target, warns on sluggish transition Read More
The air-taxi market is predicted to grow exponentially by the end of the decade, but experts have warned that its future depends on a well-planned network of vertiports that would …
Air taxi growth demands efficient vertiports and traffic control systems Read More
Oct 14 (Reuters) – Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to Seattle to try …
Boeing prepares layoff notices for thousands of workers as turmoil deepens Read More
The Labour Party’s largest-ever donation came from a hedge fund that stood to profit from Israel’s war in Gaza, openDemocracy can reveal. Quadrature Capital held $121m worth of shares in …
Firm behind £4m Labour Party donation invested in weapons for Israel Read More
The European Central Bank (ECB) has cut borrowing costs for the third time this year, lowering its benchmark interest rate from 3.5% to 3.25%. The decision to cut rates by a quarter …
European Central Bank cuts key interest rate to 3.25% Read More
OpenAI is now worth more than people were expecting. Wednesday, the artificial intelligence startup announced it had completed a $6.6 billion funding round, valuing it at $157 billion. The ChatGPT-maker’s raise is the …
OpenAI will fall the hardest when the AI bubble bursts, analyst says Read More
The contract for Russian gas is toxic. The gas is replaceable. Let’s move on. That’s the logic many European officials have adopted as a multibillion dollar deal keeping Russian gas …
Most of Europe is fine without Russian gas Read More