Published by Promoting Economic Pluralism
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
A US-based financial forensic firm has alleged that India’s Adani Group, led by the world’s third-richest person Gautam Adani, is involved in a massive and “brazen stock manipulation” and “accounting …
A US research firm has accused Adani of pulling “the largest con in corporate history” Read More
As tensions between the EU and China rise, European companies are turning to Southeast Asia for investment. This trend will likely continue, despite Beijing relaxing its strict Zero-COVID policy. Following …
European investors give China the cold shoulder Read More
On timing, Sweden could be forgiven for cursing its luck. Just as the country embarks on its EU presidency, the bloc is facing not only an economy-hammering war on its …
Liberal Sweden put to the test as transatlantic trade war looms Read More