The Group of Seven “likely” abandoned the US plan to expropriate Russia’s frozen central bank assets due to a “veiled threat” from Saudi Arabia, Bloomberg has reported. The US and UK had been pushing for […]
There are benefits and drawbacks to Türkiye potentially joining the bloc of emerging economies At the beginning of this month, news of Türkiye’s desire to join BRICS drew global media attention. The announcement was made […]
What most like to call climate finance is, in fact, not so much help for the world’s poorer nations. Reuters: Germany, Japan, France, and the United States are among the wealthy countries that offered developing […]
ENB Pub Note: This is a mistake to weaponize the theft of a country’s assets. Look at the weaponization of the US dollar by the Biden Administration on global sanctions. Iran was producing 400,000 barrels […]
US Treasury Secretary Janet Yellen on Thursday (23 May) urged G7 ministers meeting in Italy to work on “more ambitious options” to use frozen Russian assets to help Ukraine. The ministers and central bankers […]
Daily Standup Top Stories Texas Oil Regulator Flags Endangered Species Designation May 22, 2024 Mariel Alumit In a statement posted on its website, the Texas Railroad Commission (RRC) highlighted that the U.S. Department of Fish and […]
Dozens of countries have pledged to achieve net-zero carbon emissions within the next few decades. But the strategies — critical to halting climate change — are missing key details. Namely: how much leftover emissions will […]
Energy ministers from the G7 nations have reached a landmark agreement to end the use of coal in power generation by the year 2035. The decision was made during their recent meeting in Turin, Italy, […]
“We recognise restricting Russian energy revenues is an essential part of our support to Ukraine and are pursuing to end significant dependency on and to work on transitioning away from imports of Russian gas as […]
The world’s biggest economies have continued to finance the expansion of fossil fuels in poor countries to the tune of billions of dollars, despite their commitments on the climate. The G20 group of developed and […]
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