By Howard Schneider WASHINGTON (Reuters) – For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low[...]
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Environment
Janet Yellen is staying put to oversee billions in climate spending
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen is digging in to oversee billions of dollars in federal climate and infrastructure spending that she believes will tr[...]
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Powell: Fed needs independence to fight inflation, should avoid social policy
By Lindsay Dunsmuir and Howard Schneider STOCKHOLM (Reuters) -The Federal Reserve’s independence from political influence is central to its ability to battle inflation, but requires it stay out[...]
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World Bank won’t abandon top credit rating to boost climate lending -Malpass
WASHINGTON (Reuters) – World Bank President David Malpass said on Tuesday that the lender is not considering giving up its top-tier credit rating as a means to expand lending as it revamps its b[...]
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Green industries could be worth $10.3 trln to economy by 2050 – study
By Juliette Portala (Reuters) – Industries helping the world shift to net-zero emissions could be worth $10.3 trillion to the global economy by 2050, sustainable development consultancy Arup and[...]
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Bumper green aluminium output is good news for carmakers, and climate
(This Dec. 17 story has been corrected to change the data in graphic “Abundant Supplies of Green Aluminium”) By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-c[...]
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Donors exceed Pakistan goal with pledge of more than $9 billion for flood recovery
By Emma Farge, Gabrielle Tétrault-Farber and Asif Shahzad GENEVA (Reuters) -International donors on Monday committed over $9 billion to help Pakistan recover from ruinous floods last year, exceeding i[...]
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Economy, energy row and drugs loom at North American summit
By Dave Graham MEXICO CITY (Reuters) – North American leaders aim to give new impetus to strengthening economic ties at a meeting this week, even as a major dispute grinds on over Mexico’s[...]
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Pakistan seeks help with $16 billion flood rebuilding at UN conference
By Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) – Pakistan and the United Nations are holding a major conference in Geneva on Monday aimed at marshalling support to rebuild the coun[...]
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