By Tom Polansek CHICAGO (Reuters) – Mexico has found unexpected allies as it tries to limit imports of genetically modified (GM) corn: some U.S. farmers who grow the crops. Farmers have for deca[...]
Read more
Environment
IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain at around 3% for the next five years, Managing Director Kris[...]
Read more
Georgieva says downside risks have increased for global economy
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday said the global economy faced increased downside risks following recent bank failures in Swi[...]
Read more
Up to $520bln in debt write-offs needed for emerging nations’ climate goals
By Libby George LONDON (Reuters) – Up to $520 billion in debt needs to be written off to help developing nations at greatest risk of default return to a sounder fiscal footing and meet climate a[...]
Read more
US World Bank nominee Banga endorses lending expansion, pledges more
By David Lawder WASHINGTON (Reuters) – The U.S. nominee to run the World Bank, Ajay Banga, said on Wednesday that he supports his predecessor’s proposal to expand the bank’s annual l[...]
Read more
Near shoring, green economy, good growth options for Latam, Caribbean – World Bank
NEW YORK (Reuters) – Near-shoring and the green economy offer opportunities to Latin America and the Caribbean (LAC) that the region should seize, as current estimated economic growth won’[...]
Read more
Analysis-Grievances mount in Europe with future wealth in doubt
By Mark John (Reuters) – In separate speeches last year, the leaders of France and Germany warned their citizens of hard times ahead as the global economy encountered challenges ranging from tra[...]
Read more
French lawmakers propose tax credits, subsidies for green industry
PARIS (Reuters) – France could offer tax breaks and subsidies for producing climate friendly technologies in the country, according to proposals on Monday from lawmakers preparing a green indust[...]
Read more
South African catastrophes, power woes signal end of cheap insurance
By Tannur Anders and Promit Mukherjee JOHANNESBURG (Reuters) – Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers i[...]
Read more