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[ad_1] The European Commission announced on Wednesday an action plan to make Europe’s ailing steel sector more competitive and to shield it from the impact of U.S. tariffs on imports of steel and aluminium, prompting reactions from major industrial actors, analysts, and think tanks. [ad_2] Source link

[ad_1] Recent efforts by some governments and green groups to argue that native forest harvesting should cease because there is more to be made from keeping the carbon standing have been countered by well-credentialled forest scientists, including Dr John Raison in Wood Central. The political pressure on native forest timber production is immense, and governments will crack, making a virtue out of their political decisions, spinning their reasons to sound pure, and confecting their motives to be solely for the country’s good. I have previously written on the six reasons the WA Government gave for ending timber harvesting, finding serious…

[ad_1] The government allocates 750 million Australian dollars for this purpose [ad_2] Source link

[ad_1] Han Duck-soo, South Korea’s prime minister and acting president, speaks during a news conference after lawmakers passed a motion to impeach South Korean President Yoon Suk Yeol in Seoul, South Korea, on Dec. 14, 2024.Bloomberg | Bloomberg | Getty ImagesSouth Korea’s Constitutional Court on Monday struck down Prime Minister Han Duck-soo’s impeachment, local media reported, reinstating him as acting president.He will take over the post from Choi Sang-mok, current acting president and finance minister.Han was impeached by the opposition Democratic Party in December, after he reportedly refused to appoint three justices to the Constitutional Court that was looking into…

[ad_1] By Dharamraj Dhutia and Nimesh Vora MUMBAI (Reuters) – The Indian rupee’s direction this week will be determined by the continuation of dollar inflows and the degree to which the central bank permits the currency to strengthen, while bond yields are expected to decline further. The rupee rallied 1.2% to 85.9725 per U.S. dollar last week, its best weekly performance in two years, on persistent inflows via foreign banks and the unwinding of short wagers on the currency. Inflows related to inter-company borrowings and repatriation of corporate profits are usual in March, the last month of the financial year.…

[ad_1] The University of Guam’s Center for Island Sustainability and Sea Grant is launching a pioneering initiative that could transform conservation funding on Guam and across Micronesia by seeking Gold Standard Carbon Credit Certification for its tree-planting program.The certification would allow the university to generate revenue from carbon credits, providing a sustainable funding source for environmental restoration without relying solely on grants and government allocations, according to a recent press release from the university.In the release, Austin Shelton, Ph.D., director of UOG CIS and SG, said, “Through seeking Gold Standard carbon credit certification, we are working to diversify funding sources…

[ad_1] Fibre-cement maker James Hardie Industries (JHX.AX), opens new tab said it would acquire U.S outdoor building products maker AZEK Company (AZEK.N), opens new tab in a cash and stock deal worth $8.75 billion including debt, looking to boost growth with new offerings to homeowners.AZEK shareholders will receive $26.45 in cash and 1.034 James Hardie shares for each AZEK share, bringing the total per share value to $56.88 per share, a 37.4% premium to AZEK’s last close on Friday.AZEK’s board of directors has recommended accepting the offer, Hardie and AZEK said in a joint statement. AZEK manufactures wood decking, pergolas and outdoor living products.James…

[ad_1] Over 100 advocates chanted “fund the bus” on the steps of San Francisco City Hall Tuesday morning.”The board is considering a $7.2 million cut from SFMTA” rather than tapping its reserves, explained advocate Cyrus Hall, seen in the lead image, one of the managers of the Prop. L campaign to fund Muni. He’s also a member of the “Muni Now, Muni Forever” coalition, which organized Tuesday’s event.Advocate Anthony Ryan. Photo: Streetsblog/Rudick”We are here to say ‘no’ to any service cuts,” said advocate Chris Arvin, addressing the crowd, which included reporters from most major Bay Area media outlets. Arvin explained…

[ad_1] U.S. flags hang on the building of the New York Stock Exchange (NYSE), after U.S. President-elect Donald Trump won the presidential election, in New York City, U.S., November 6, 2024. Andrew Kelly | ReutersStock futures were higher on Sunday, as investors try to glean whether equities can extend recent gains into a fresh trading week.Futures tied to the Dow Jones Industrial Average advanced 182 points, or 0.4%. S&P 500 futures added 0.5%, while Nasdaq 100 futures were 0.6% higher.Stocks are coming off of a much-needed winning week. The S&P 500 finished in the green on Friday and avoided four-straight weekly…

[ad_1] (Bloomberg) — Bond investors are driving a wedge into the Treasury market in anticipation of slower economic growth and faster inflation, spurring demand for shorter-term Treasuries at ever-lower yields while longer-term yields drift higher. The next test comes with Friday data expected to show inflation remains elevated. Most Read from Bloomberg Five-year yields fell eight basis points last week, breaching 4% after Federal Reserve policymakers lowered their forecasts for US economic growth, bolstering wagers on interest-rate cuts this year. As 30-year bond yields climbed on Friday, they exceeded five-year yields by nearly 60 basis points, the widest margin since…