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Tag: BLOOMBERG

economics

Impact of Escalating Trade War on U.S. Farmers as China Shifts to Brazil

December 12, 2024December 12, 2024 - by Marcus Chen - Leave a Comment

American soybean farmers face heightened challenges as China pivots from U.S. imports to Brazilian suppliers, continuing a trend from President Trump’s earlier trade war. The shift has resulted in a …

Impact of Escalating Trade War on U.S. Farmers as China Shifts to Brazil Read More
Companies

Congo President Tshisekedi Advocates for Constitutional Reforms Despite Opposition Concerns

December 12, 2024December 12, 2024 - by Allegra Nguyen - Leave a Comment

President Felix Tshisekedi of the Democratic Republic of Congo defends his proposal to amend the constitution, arguing it is necessary to address inefficiencies in governance. He plans to form a …

Congo President Tshisekedi Advocates for Constitutional Reforms Despite Opposition Concerns Read More
Business

UK Stock Market Falls Behind Oman and Malaysia in IPO Rankings

December 12, 2024December 12, 2024 - by Carmen Mendez - Leave a Comment

London’s IPO market has dropped to 20th place globally, raising only $1 billion this year, a 9% decrease. Smaller markets, such as Oman and Malaysia, now surpass the UK in …

UK Stock Market Falls Behind Oman and Malaysia in IPO Rankings Read More
Technology

Argentina’s Shale Boom Set to Overtake Colombia in Oil Production

December 10, 2024December 10, 2024 - by Sofia Nawab - Leave a Comment

Argentina is nearing a position to surpass Colombia in crude oil production due to a shale drilling boom in the Vaca Muerta region. This transformation is driven by the policies …

Argentina’s Shale Boom Set to Overtake Colombia in Oil Production Read More
Climate change

2024 to Become Hottest Year on Record, Surpassing 1.5°C Threshold

December 10, 2024December 10, 2024 - by Carmen Mendez - Leave a Comment

For the first time, global temperatures are anticipated to exceed 1.5°C, confirming 2024 as the hottest year on record, with November temperatures reaching 1.62°C above pre-industrial levels. This situation elevates …

2024 to Become Hottest Year on Record, Surpassing 1.5°C Threshold Read More
Global news

Saudi Arabia Aims to Strengthen Relations with Iran Ahead of Trump’s Return

November 30, 2024November 30, 2024 - by Carmen Mendez - Leave a Comment

Saudi Arabia is seeking to strengthen ties with Iran before Donald Trump resumes presidency, offering increased trade to ease tensions. This move follows a 2023 Chinese-brokered agreement to normalize relations. …

Saudi Arabia Aims to Strengthen Relations with Iran Ahead of Trump’s Return Read More
Business / economics

El Salvador and Bhutan: Pioneers in National Bitcoin Reserve Strategies

November 29, 2024November 29, 2024 - by Liam Nguyen - Leave a Comment

El Salvador and Bhutan have emerged as significant players in Bitcoin adoption, with El Salvador accumulating nearly 6,000 BTC since 2022 through daily purchases, while Bhutan boasts over 12,000 BTC …

El Salvador and Bhutan: Pioneers in National Bitcoin Reserve Strategies Read More
Climate change / economics

Insurance Giant Warns of Economic Impact from Climate Change and Extreme Weather

November 28, 2024November 28, 2024 - by Sofia Nawab - Leave a Comment

Swiss Re warns businesses of increasing economic losses due to extreme weather exacerbated by climate change, with the U.S. and Philippines at high risk. The insurer calls for urgent adaptation …

Insurance Giant Warns of Economic Impact from Climate Change and Extreme Weather Read More
Climate change

Wealthy Countries’ Inadequate Climate Action Exposed by ASCOR Study

November 26, 2024November 26, 2024 - by Carmen Mendez - Leave a Comment

A recent ASCOR study reveals that wealthy nations are failing to meet essential climate targets, as only a minority halt new fossil fuel projects and many lack transparency in climate …

Wealthy Countries’ Inadequate Climate Action Exposed by ASCOR Study Read More
Climate change

Wealthy Nations Failing to Meet Climate Commitments, Study Reveals

November 26, 2024November 26, 2024 - by Allegra Nguyen - Leave a Comment

A recent ASCOR study reveals wealthy nations are inadequately addressing climate change, failing to meet emissions reduction targets essential for limiting global warming to 1.5C. Despite commitments, no country is …

Wealthy Nations Failing to Meet Climate Commitments, Study Reveals Read More

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