From Promoting Economic Pluralism
Climate change is generating major economic problems in the United States, the Biden administration said in an annual report published this week. The assumptions that higher-income countries like the U.S. would …
Climate change could spur severe economic losses, Biden administration says Read More
The Honduran foreign minister has said that a decision to pursue diplomatic relations with China and ditch ties with Taiwan was motivated by economic interests rather than ideology. Speaking to the Canal …
Honduras says economic factors fuelling pursuit of China ties Read More
African economies looking to attract fresh investments are turning to innovative programs that offer residence and dual citizenship opportunities to investors with deep pockets. Migration investment programs allow people to purchase …
Citizenship-by-investment programs are on the rise in Africa Read More
WASHINGTON (AP) — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global …
US nominates Ajay Banga for World Bank president Read More
(Wednesday 15th February) Today, Barclays published its annual report, where it committed to new restrictions on oil sands, following a long-term campaign from shareholders on the issue. From July, the bank will …
Barclays scales down oil sands finance following investor pressure Read More
Shell’s board of directors are being personally sued over their alleged failure to properly manage risks associated with the climate crisis. The lawsuit says the British oil giant’s 11 directors …
Shell’s board of directors sued over ‘flawed’ climate strategy in first-of-its-kind lawsuit Read More
The Commission’s ‘Green Deal Industrial Plan’, unveiled on Wednesday (1 February), promises simplified EU regulation for clean technologies, but critics say it lacks clarity and opens the door to unrestricted …
EU’s green industrial plan vague on clean tech, finance, critics say Read More
The government has promised Vladimir Putin’s cronies total privacy if they launch a legal bid to be removed from the UK’s sanctions list. The Foreign Office said it would be …
UK government promises ‘confidentiality’ for Putin allies fighting sanctions Read More
Pakistan’s Prime Minister Shehbaz Sharif has said that the government will have to agree to International Monetary Fund (IMF) bailout conditions that are “beyond imagination”. Sharif’s comments on Friday came …
‘Beyond imagination’: Pakistan PM warns of IMF bailout conditions Read More
The European Parliament’s Economic and Monetary Affairs Committee (ECON) have committed to enhance the obligation on the financial sector to undertake due diligence on human rights and environmental impact. Commenting …
ShareAction response to European Parliament’s Economic and Monetary Affairs Committee decision to enhance the financial sector’s due diligence obligations Read More