Support grows for global tax on shipping emissions to fund climate action
Shipping-reliant nations like Panama and Liberia have joined the EU, Japan and small islands in backing an emissions levy The…
Day: January 16, 2025
LA fires show human cost of climate-driven ‘whiplash’ between wet and dry extremes
These cycles can worsen wildfires, like in California, where rapid vegetation growth is followed by drying – and also exacerbate…
China’s Support for Russia Strains Ties with Europe
Former Lithuanian Foreign Minister Gabrielius Landsbergis offered a clear warning for those who say that China is able to mediate…
Oil Falls After Gaza Ceasefire Deal
Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15…
Uzbekistan Charts New Trade Routes Bypassing Russia
The Uzbek government is authorizing measures to diversify trade routes that bypass Russia. A decree issued by Uzbek President Shavkat…
Italy’s Largest Bank Takes First Step into Bitcoin with $1 Million Purchase
Italy’s biggest bank, Intesa Sanpaolo, has made history by becoming the first Italian financial institution to buy 11 bitcoins for…
EU Considering Lifting Sanctions On Syrian Oil & Gas
The European Union is considering lifting wide-ranging sanctions on Syria, including restrictions on the country’s oil and gas sector following…
Cocoa Prices Tumble on Weakness in Global Demand
March ICE NY cocoa (CCH25 ) today is down -280 (-2.59%), and March ICE London cocoa #7 (CAH25 ) is…
Dollar Turns Lower on Dovish Fed Governor Waller
The dollar index (DXY00 ) today is down by -0.09%. The dollar today gave up an early advance and turned…
Stocks Slightly Lower on Mixed Economic News and Higher Bond Yields
The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA…