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Environment

Tax credits for EU electric vehicles to dominate U.S. trade talks

BY Reuters  • December 5, 2022December 5, 2022
By Andrea Shalal and David Lawder COLLEGE PARK, Md. (Reuters) -The European Union’s top trade official on Monday called for urgent steps before the end of the year to modify a U.S. climate law t[...]
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Explainer-Why the U.S. Inflation Reduction Act has Europe up in arms

BY Reuters  • December 5, 2022December 5, 2022
By Leigh Thomas PARIS (Reuters) – Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington’s huge new green energy subsidy[...]
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Air pollution hurts Bangladesh GDP as well as health, World Bank says

BY Reuters  • December 4, 2022December 4, 2022
(Reuters) – Air pollution in Bangladesh is robbing the South Asian nation of economic growth as well as causing premature death and illness, the World Bank said on Sunday. Pollution sapped gross[...]
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Asia Economy Environment

World Bank chief says poorest countries owe $62 billion on bilateral debt

BY Reuters  • December 2, 2022December 2, 2022
By David Lawder WASHINGTON (Reuters) -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank[...]
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World Bank chief says poorest countries owe $62 billion on bilateral debt

BY Reuters  • December 1, 2022December 2, 2022
By David Lawder WASHINGTON (Reuters) -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank[...]
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Asia Economy Environment Europe Politics Updated US

World Bank’s Malpass: Bill for rebuilding Ukraine rising, not detecting donor fatigue

BY Reuters  • December 1, 2022December 1, 2022
NEW YORK (Reuters) – World Bank President David Malpass on Thursday said the expected cost for rebuilding Ukraine will go up “quite a bit” from the roughly $350 billion estimated ear[...]
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Asia Business Economy Environment Europe Politics US

Disasters caused total of $122 billion in insured losses in 2022 – Swiss Re

BY Reuters  • December 1, 2022December 1, 2022
ZURICH (Reuters) – Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re[...]
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German parliament votes to ratify CETA trade agreement with Canada

BY Reuters  • December 1, 2022December 1, 2022
BERLIN (Reuters) – Germany’s Bundestag lower house of parliament voted by a majority on Thursday to back the ratification of the European Union’s free trade agreement with Canada, fi[...]
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Analysis: Vietnam’s anti-graft crackdown chills supply chains, investment

BY Reuters  • November 28, 2022November 28, 2022
By Francesco Guarascio HANOI (Reuters) – An anti-corruption drive in Vietnam has paralysed many routine transactions in the country, causing shortages of essential goods and dampening investor c[...]
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