The Biden administration may try to oust World Bank President David Malpass

Biden officials considered trying to remove the head of the World Bank David Malpasswho took office during the Trump administration, because they believe he is weak on the climate, according to people familiar with the matter. why does it matter: Administration officials are deeply concerned about Malpass’ not answering This week when asked if climate … Read more

Live stock market news: Investors dump US stocks, oil drops below $80 to hit energy stocks

SPAC merger linked to Trump loses support from PIPE investors Investors withdraw from Digital World Acquisition’s deal to merge with Trump Media & Technology Group, a Regulatory filing said. The moves come ahead of a special shareholder meeting on October 10 to approve the deal. The Special Purpose Acquisition Corporation (SPAC) said it has received … Read more

Bank executives urge removal of Trump official in ethical probe

Executive directors of the Inter-American Development Bank voted unanimously Thursday to recommend removing a former Trump official as head of the Washington-based institution, a person familiar with the vote said. The move came after an investigation conducted at the request of the bank’s board of directors concluded that Mauricio Clavier Carrone had violated the code … Read more

IsDB directors unanimously recommend firing Claver-Carone after ethics investigation

Visitors walk past a screen bearing the Banco Interamericano de Desarrollo (BID) logo at the Atlapa Convention Center in Panama City on March 13, 2013. REUTERS/Carlos Gasso Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – The Board of Directors of the Inter-American Development Bank voted unanimously on Thursday to recommend … Read more

The economy tops independent voters’ list of concerns, but James Carville and other Democrats defend the focus on abortion

the newYou can now listen to Fox News articles! Several top political analysts, including veteran strategist James Carville, support the Democratic Party’s midterm focus on abortion, although Recent opinion polls indicate Independent voters are most interested in inflation and the economy. While abortion is prominent among Democrats, it has not become the number one issue … Read more

US Treasury official criticizes China’s “non-conventional” debt practices

Chinese yuan banknotes are shown in this illustrative photo taken on April 25, 2022. REUTERS/Florence Law/Illustration Register now to get free unlimited access to Reuters.com Register China is the largest official creditor in the world Lack of transparency and confidentiality agreements under fire Urging progress on Common Framework debt deals for Zambia and other countries … Read more

Radical Patagonian Trade Is Great – But Governments, Not Billionaires, Should Save the Planet | Carl Rhodes

MBold statements about tackling the climate crisis have become a tough sell in the corporate world over the past few years. But this was taken to a whole new level when founder and owner of the Patagonian outerwear company, Yvonne Chouinard, announced that his family was moving 98% of the company’s shares into a newly … Read more

Inflation hits independent production as costs rise

As industry experts shine in Zurich Film FestivalSoaring inflation costs and rising interest rates are hijacking dreams of post-pandemic recovery and rebirth. Taken together, these funding challenges stand on top of precarious budgets still dealing with costs from COVID that continue to send production budgets 10% north on average. Observers need to go back to … Read more

Norway oil fund warns of ‘risk’ that environment is on the agenda

The head of the world’s largest sovereign wealth fund urged investors to stay focused on environmental, social and governance issues, warning of a “real danger” that economic turmoil and political backlash in the United States were pushing them off the agenda. Soaring inflation, a renaissance in fossil fuels ignited The war in Ukraine And growing … Read more