[ad_1] Tariffs leave a bitter aftertaste — especially when they’re added to fresh fruit and vegetables.President Donald Trump’s tariffs on Mexico and Canada went into effect this week. They were delayed a month to give both countries a chance to negotiate. On Monday, however, Trump said there was “no room left” for such bargaining. U.S. stock markets tumbled on the news. In addition to the 25% tariffs on imports from Canada and Mexico taking effect this week, the president raised tariffs on imports from China by 10% and promised an additional 10% tariff. Economists say the trade war ushers in a…
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[ad_1] A benefit-sharing plan has been agreed in Ghana for a jurisdictional avoided deforestation project being developed under the… [ad_2] Source link
[ad_1] A UK-based consulting firm has launched a blockchain-based product for trade in carbon credits issued under the Paris climate agreement and units from other environmental markets, [ad_2] Source link
[ad_1] Wells Fargo, one of the largest financial institutions in the United States, has made a significant shift in its climate strategy by abandoning its commitment to achieving net-zero financed emissions by 2050. It is the first major U.S. bank to do so. The bank has also dropped its interim 2030 targets for financed emissions. This is a big step back from its earlier climate goals. This decision fits a larger trend: Major financial institutions are changing their sustainability strategies, responding to outside pressures like political challenges and economic facts. Why Wells Fargo Abandoned Its 2050 Net Zero Pledge In…
[ad_1] Wells Fargo, one of the largest financial institutions in the United States, has made a significant shift in its climate strategy by abandoning its commitment to achieving net-zero financed emissions by 2050. It is the first major U.S. bank to do so. The bank has also dropped its interim 2030 targets for financed emissions. This is a big step back from its earlier climate goals. This decision fits a larger trend: Major financial institutions are changing their sustainability strategies, responding to outside pressures like political challenges and economic facts. Why Wells Fargo Abandoned Its 2050 Net Zero Pledge In…
[ad_1] Six off-shore wind projects have on Tuesday moved to the last phase in the process to earn the first carbon credits under China’s restarted… [ad_2] Source link
[ad_1] Like almost everything surrounding Donald Trump’s second administration, the agreement with Ukraine for the exploitation of the vast deposits of critical minerals in the European country is highly atypical. Firstly, because it is not a typical war reparation: Washington has not participated directly in the conflict, but has only provided economic and military support for Kyiv’s defense against the Russian aggressor. Secondly, because although Ukraine possesses significant mineral resources — some of them important for an energy transition that Trump himself rejects — there are serious doubts about its real potential in the field of rare earths. This is…
[ad_1] The EU is seizing the opportunity to revive an existing agreement with Ukraine on natural resources, after US President Donald Trump’s ugly spat with Ukrainian President Volodymyr Zelenskyy in Washington on Friday. Trump had been angling hard for his own deal with Ukraine on minerals, but after his televised meeting with Zelenskyy went south, he booted the Ukrainian leader from the White House with their draft agreement still unsigned. EU countries now have a chance to breathe new life into their 2021 deal to help Ukraine exploit its mineral riches. The EU has been seeking to revive the partnership and…
[ad_1] Image source: Getty Images The FTSE 100 index of leading companies contains some of the top names in British business, like Shell and Unilever. That might not seem like a ticket for growth. After all, mature companies often find it harder to grow their business than smaller, nimbler upstarts. In fact, though, it has been an excellent 12 months for the index. Strong price growth It has repeatedly hit a new all-time high in recent months – including a new peak yesterday (3 March). So, what would an investor now be sitting on if they had invested £10k into…
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in the Financial District in New York City on March 4, 2025. Timothy A. Clary | Afp | Getty ImagesU.S. stocks saw losses mount on Tuesday as President Donald Trump’s tariffs on key trade partners took effect and prompted retaliatory measures, triggering a global trade war and escalating fears of the national economy cracking.The Dow Jones Industrial Average dropped 716 points, or 1.7%, building on Monday’s plunge of nearly 650 points. The S&P 500 shed 1.5%.The Nasdaq Composite lost 1.9%. That put the tech-heavy index on track to…