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Cop29: which climate finance ideas are most likely to work?
With $1tn a year needed, we analyse how best to fill the gap, from wealth taxes to levies on flying and oil extraction. Countries meeting in Baku, Azerbaijan, for the Cop29 climate summit are under ...World - The Guardian - 3 days ago -
Financing the Fight Against Global Warming Falls to Multilateral Banks
These financial institutions are complex, and vital to funding efforts to slow climate change. Here’s how they work.Business - Inc. - 3 days ago -
COP29 Begins With Climate Finance, Absent Leaders, and Trump Looming Large
The annual UN climate summit has kicked off in Baku, Azerbaijan, with lofty goals, but many global leaders missing.Tech - Wired - 3 days ago -
Trump and Germany loom over uncertain COP29 finance talks
Also in this newsletter: Much ado about party politics at European commissioner hearingsWorld - Financial Times - 2 days ago -
Starmer touts UK climate leadership but resists call for more public finance
UK’s prime minister is one of only two G7 leaders at UN COP29Business - Financial Times - 2 days ago -
Motorists who bought cars on finance could share in billions
The car finance industry is setting aside billions to pay for potential claims after a test case.Top stories - BBC News - 2 days ago -
FCA to give car finance sector more time to handle surging complaints
UK financial regulator launches consultation after landmark Court of Appeal rulingWorld - Financial Times - Yesterday -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - 18 hours ago -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - 15 hours ago -
Expert on tips to boost your finances before the new year
With just six weeks left in 2024, Jill Schlesinger shares practical tips to help you save or even earn extra cash by the new year.Top stories - CBS News - 12 hours ago -
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industryWorld - ABC News - October 17 -
Blasts heard across Beirut after Israel warns it will hit Hezbollah-linked finance group
Hundreds evacuate after Israeli military says it will strike areas linked to Al-Qard Al-Hassan association, a US-sanctioned banking system. See all our Middle East coverage Hundreds of Beirut ...World - The Guardian - October 21 -
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy
Diana Greene Foster, a professor at the University of California San Francisco, led a landmark study that tracked 1,000 women over a five-year period.Business - CNBC - October 21 -
What Is Al-Qard al-Hasan, the Hezbollah-Linked Finance Group Targeted by Israel?
The de facto bank is the largest microcredit organization in a country where the traditional banking sector is in shambles.World - The New York Times - October 22 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
‘I’m convinced the U.S. will be drawn into World War III’: How do I prepare my finances?
“I believe this to be a legitimate concern. I would prefer a politically neutral answer.”Business - MarketWatch - October 26 -
Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.Business - CNBC - October 31 -
Dutch junior finance minister quits after questions over his personal investments
The Dutch junior minister for finance has quit following criticism of his refusal to publish details of his personal investmentsWorld - ABC News - November 1 -
UN summit agrees deal on genetic data but fails on wider finance to protect nature
Pharma and agritech groups among those expected to make payments for information drawn from the living worldBusiness - Financial Times - November 2 -
Crypto's $245 million campaign finance operation filled airwaves with ads not about crypto
The crypto sector emerged as a top donor this election cycle, but the ads it funded weren't about digital currencies.Business - CNBC - November 6 -
Germany’s Chancellor Scholz announces he is firing his finance minister, which could undermine his three-party coalition
Germany’s Chancellor Scholz announces he is firing his finance minister, which could undermine his three-party coalitionWorld - ABC News - November 6 -
Small Business Administration-Backed Financing Rose to $56 Billion in Fiscal Year 2024
Smaller loans made up for much of the additional funding.Business - Inc. - 6 days ago -
Europe cannot finance Ukraine war if Trump pulls U.S. out of the conflict, Hungary's Orban warns
Ukraine has historically depended on foreign humanitarian and military aid to resist Russia's two-year invasion, with the U.S. and the EU providing the lion's share of this assistance.Business - CNBC - 6 days ago