Development banks make landmark climate pledge, but no fossil fuel phase out

© Reuters. FILE PHOTO: Smoke and steam billows from Belchatow Power Station, Europe’s largest coal-fired power plant operated by PGE Group, near Belchatow By Kate Abnett, Simon Jessop and Matthew Green BRUSSELS/LONDON (Reuters) – The world’s public development banks on Wednesday pledged to align their financial firepower with the Paris Agreement on climate change, but […]

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ECB’s Lane braces for tougher phase for euro zone economy: WSJ

© Reuters. FILE PHOTO: European Central Bank Chief Economist Philip Lane speaks during a Reuters Newsmaker event in New York FRANKFURT (Reuters) – The euro zone zone economy is entering a tougher phase as a surge in coronavirus cases puts a question mark over the recent rebound, the European Central Bank’s chief economist Philip Lane […]

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The background to Trump comments Tuesday on not reopening phase 1 trade talks with China

Posting this as an ICYMI from overnight news, some reports out of China on renegotiating the phase 1 trade deal with the US The Global Times, citing unnamed sources. Advisers suggested that Chinese officials revive the possibility of invalidating the trade pact and negotiate a new one Malicious attacks by the United States have ignited a […]

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Pressure Mounts on UK PM To Extend Transition Phase Deadline

EU/UK Trade Talks Fall From Spotlight With the COVID-19 crisis raging, the trade negotiations between the EU and the UK have understandably taken a back seat in terms of urgency. With the talks due to have started in February, but so far only seeing the initial statements from both sets of leaders, there are questions […]

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