Latest in Rich Countries Pay
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Will rich countries pay for climate change?
At COP29 the world’s nations will try and negotiate a new spending commitment on climate change.Top stories - BBC News - November 10 -
Migration to rich countries hits record high in 2023
Surge has helped economies recover from inflationary crisis, but has also prompted voter backlashWorld - Financial Times - November 14 -
‘It is feasible’: climate finance won’t burden rich countries, say economists
Experts say mix of taxes with development bank and private funding can provide $1tn a year needed by 2030. Raising money needed to tackle the climate crisis need not be a burden on overstretched ...World - The Guardian - 5 days ago -
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FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Meme coins’ unlikely rally turns gags into riches
A bewildering resurgence shows that followers can be found even in the frothiest end of the spectrumWorld - Financial Times - November 1 -
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Battle of the billionaires: the mega rich spending to swing the US election
A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential voteWorld - Financial Times - October 27 -
Trump Wants to Kill Biden’s Climate Law. It’s Making His Supporters Rich
Trump allies hold hundreds of millions in stakes in companies that benefitted from the Inflation Reduction Act, Biden’s signature climate law.Business - Inc. - October 27 -
ByteDance founder Zhang Yiming tops China's rich list
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past yearWorld - ABC News - October 29 -
Diamond-rich Botswana’s ruling party loses power after 6 decades
Growing competition from synthetic stones hits southern African country’s economyWorld - Financial Times - November 1 -
‘Welfare for the rich’: how farm subsidies wrecked Europe’s landscapes
The steep and stark environmental decline was not supposed to happen under the common agricultural policy. Revealed: the growing income gap between Europe’s biggest and smallest farms . The Rhine ...World - The Guardian - November 2 -
China piles pressure on rich people and companies to cough up taxes
Authorities rush to find ways to fill government coffers depleted by property sector slumpBusiness - Financial Times - November 3 -
Digital tech can offer rich opportunities for child development, study says
Activities of those aged 0 to three often involve sensory exploration and embodied cognition, researchers find. Although it has been argued that under-threes should not have any screen time at ...World - The Guardian - November 5 -
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.Business - CNBC - November 5 -
Ultra-rich using jets like taxis, climate scientists warn
Researchers worked out the amount of planet-warming gas released by private jets over four years.Top stories - BBC News - November 7 -
Are you a HENRY? The rise of six-figure earners who don't feel rich
Reaching a six-figure salary is a common goal for ambitious professionals, and has long been a signal of financial stability. And many have reached this impressive milestone. According to the ...Politics - The Hill - November 8 -
Why on earth do the rich keep bankrolling Prince Andrew? | Gaby Hinsliff
Despite his fall from grace, the royal always seems to find a pal to pay his way. In a world awash with murky interests, it is rather important that we find out why. It is a truth universally ...World - The Guardian - November 11 -
These 2 Female Climate Tech Founders Are Mining the Riches of the Ocean to Save the Planet
Lacey Reddix and Pilanda Watkins-Curry, the co-founders of Olokun Minerals, want to extract from the ocean the minerals key to the energy transition.Business - Inc. - November 15 -
G20 waters down support for Ukraine amid pressure for peace talks
Advanced economies omit criticism of Moscow targeting civilian infrastructure and nuclear threats in Rio statementWorld - Financial Times - 5 days ago -
He Rose to Riches in Hong Kong. Now He's a Symbol of China's Crackdown.
Media baron Jimmy Lai, who protested for democracy, faces possible life sentence.World - The Wall Street Journal - 4 days ago -
The Irish Government Is Unbelievably Rich. It's Largely Thanks to Uncle Sam.
A clampdown on global corporate tax dodging turned Ireland into the nouveau riche man of Europe.World - The Wall Street Journal - 2 days ago -
‘It’s really an honour’: people of oil-rich Azerbaijan welcome climate summit
Cop29 is taking place in a country whose economy has long been dependent on its oil reserves. Oil runs deep in Azerbaijan, the host country of this year’s UN climate summit. Just 30 minutes ...World - The Guardian - 2 days ago -
Rich nations raise COP29 climate finance offer in bid to break deadlock
Developed nations should pay $300 billion a year by 2035 to help poorer countries deal with climate change, according to a new draft deal from U.N. climate talks published early on Sunday, after an ...Top stories - NBC News - 15 hours ago -
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Music and Morale in a Country at War
In Ukraine, where war feels omnipresent, music is helping lift spirits and raise money for the military.World - The New York Times - October 31 -
Countries That Use Large Amounts of Fossil Fuels Export Emissions to Other Countries
U.S. fossil fuel exports led to more than 2 billion tons of carbon dioxide emissions in other countries in 2022.Business - Inc. - 11 hours ago -
How each country’s emissions compare
A searchable dashboard of 193 countries’ historical emissions and future climate targetsWorld - Financial Times - November 11 -
Musk’s gamble on Trump pays off
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - November 6 -
Citi revamps pay for wealth bankers
More bonuses will go to those who move client assets into investments, and less to those who sell new loansBusiness - Financial Times - November 7 -
What’s behind the lesbian pay premium?
After decades of earning more than heterosexual women, the gap seems to be shrinkingBusiness - Financial Times - 2 days ago -
Diamond-rich Botswana holds an election with new economic challenges for a long-ruling party
Botswana will vote in a national election this week that will decide whether the ruling party extends a 58-year stretch in power in a southern African country that is a leading diamond producer and ...World - ABC News - October 28 -
Dust from California's lithium-rich Salton Sea worsening child respiratory issues: Study
Wind-strewn dust from California's lithium-rich, shrinking Salton Sea may be triggering respiratory issues in children who live nearby, a new study has found. Among the many symptoms — worse for ...Politics - The Hill - October 28 -
ByteDance founder tops China's rich list for the first time, beating Tencent and Nongfu heads
ByteDance founder Zhang Yiming is now China's richest for the first time, according to Hurun Research Institute's China Rich List.Business - CNBC - October 29 -
Could I still pass my driving test? Thirty years on, it’s time to find out | Rich Pelley
Forget recent news about the dangers posed by younger drivers – you may have more to fear from seasoned motorists like me. “There are a lot of idiots on the road … I mean, uneducated people, ...World - The Guardian - October 30 -
The truth about immigration? As Elon Musk shows, borders are always open for the rich | Arwa Mahdawi
The South African-born multibillionaire almost certainly worked in the US without correct authorisation – just another ‘enterprising expat’ operating in a ‘legal grey area’. When is an illegal ...World - The Guardian - October 30 -
Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.Top stories - NBC News - October 30 -
Musk may have overpaid for Twitter, but now he is rich in priceless — and dangerous — influence
When Elon Musk closed on what looked like a massive overpay for Twitter, I scoffed along with everyone else. What we all failed to see was the savviness of Musk’s purchase and, more importantly, ...Politics - The Hill - October 31 -
Most voters in new survey say Trump cares about interests of rich over Harris
A majority of U.S. adults say former President Trump cares more about the needs and problems of wealthy Americans than Vice President Harris, a new survey revealed. The recent YouGov poll shows ...Politics - The Hill - November 2 -
If you’re rich and 59, the new 401(k) ‘super catch-up’ may be for you
The IRS rule starting in 2025 allows people ages 60 to 63 to add $11,250 extra to their 401(k).Business - MarketWatch - November 5
