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...The European Central Bank estimates the investment gap to reach the EU’s 2040 climate targets at €800bn per year....
...Unions have been balloting members over industrial action about the proposed cuts, with Unite voting in favour last week....
...Long-haul emissions in aviation are instead caught by the industry’s global carbon offsetting system....
...Petitions to form unions in the US are on course to reach historic levels this year, according to federal data, as the labour movement seeks to capitalise on the success of last year’s high-profile strikes...
...Giorgetti predicted that the cost of tax credits and other home improvement incentives would reach €219bn, more than 10 per cent of gross domestic product....
...The MGCS comes in addition to another long-promised Franco-German arms project, the fighter jet known as the Future Combat Air System (FCAS)....
...Federal Reserve chair Jay Powell said on Thursday that the US central bank was “not far” from having the confidence to start lowering borrowing costs....
...More and more market participants and pundits are betting that stalling disinflation might stop the Federal Reserve from cutting rates at all in 2024....
...Speaking at the TUC conference, union leaders said successive pension age rises would push retirement out of reach for the younger generation....
...It is unclear how long the arrested trio have worked for Chinese intelligence, German prosecutors said. The suspects’ homes and workplaces have been searched for further evidence....
...Starbucks in 2022 introduced more sizes for baristas’ green aprons and the option for customers to tip with their credit cards, two of the union’s initial demands....
...Its allocation to the sector was 4.4 per cent as of January, well below the long-term target of 10 per cent....
...This chart below uses the Federal Reserve’s senior credit officer survey net level as the proxy for credit availability....
...This runs counter to the need for emissions to be cut by almost 45 per cent by 2030 to limit long-term global warming to no more than 1.5C since the pre-industrial era....
...Normally, it’s very easy: when the economy goes down, long rates go down. When the economy goes up, long rates go up. But today there is a new factor in town, which is Treasury supply....
...Long-dated insurance premiums are becoming the funding of choice. The shift is sufficiently seismic that once overlooked credit firms are now the subject of bidding wars....
...JPMorgan last year announced long-term carbon removal agreements worth more than $200mn....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...start cutting its benchmark deposit rate from its record high level of 4 per cent in June, there is more doubt over the pace and total amount of policy loosening that will follow — especially if the US Federal...
...Lindner said the reform was “long overdue”. “We should have started to exploit the opportunities of the capital markets for the statutory pension system a long time ago,” he said....
...However, unskilled workers were increasingly at risk of slipping into long-term unemployment, she said....
...Otherwise, LBJ won’t be the historical precedent that historians reach for....
...But experts say a long conflict could see Israel face a similar problem to Kyiv of depleted defences....
...In such instances, it said, “it would request more time for negotiations to reach an agreement but having 2027 in the horizon”....
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
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