A worldwide shortfall in curbing carbon emissions could result in increased debt-servicing costs for 59 countries over the forthcoming decade, as per a study simulating the economic repercussions of climate… read more →
Yellow Corp, an American haulage firm with nearly a century of history, filed for Chapter 11 bankruptcy protection this Sunday. This action came as a result of considerable debt accrued… read more →
In July, British factory production shrank at its swiftest rate in a span of seven months, impacted by rising interest rates and a reduction in new orders. This occurred despite… read more →
India’s edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals, given uncertainty over supplies from the Black Sea,… read more →
The International Finance Corporation (IFC), the private sector wing of the World Bank, has entered into a contract with Switzerland’s government to initiate the next phase of the Sustainable Cities… read more →
Late Tuesday afternoon, Fitch downgraded the United States’ credit rating from AAA to AA+, to the surprise of many experts. This downgrading is the latest domino to fall in what has been a drama filled 2023 for the United States and its divided government.
The eurozone witnessed a return to growth during the second quarter of 2023, recording an expansion that surpassed expectations, having just about dodged a technical recession at the year’s commencement,… read more →
This week, during a visit to Nigeria, British Foreign Minister James Cleverly will unveil a new support package to enhance the climate resilience of Nigeria’s agriculture sector, his office announced… read more →
Saudi Arabia’s gross domestic product (GDP) grew by 1.1% in the second quarter, according to government estimates released on Monday, bolstered by a rise in non-oil activities, although overall growth… read more →
The Indian rupee depreciated on Monday and appeared set to register a monthly decline due to a central bank that seems reluctant to allow the currency to strengthen significantly. As… read more →
