A group of financial institutions with over $130 trillion at their disposal last year pledged to put combatting climate change at the centre of their work.  How West can mobilize trillions to help save Earth War, inflation, debt, hunger, energy security and fear of recession will dominate the discussions at the annual meetings of the World Bank […]

It represents a major and humiliating U-turn for new Prime Minister Liz Truss, who was insisting as recently as Sunday she was “absolutely committed” to the cut. UK’s Truss forced into U-turn on tax after week of market turmoil Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a […]

Energy instability is likely to continue in the short- to mid-term, with the EU needing to urgently find a solution to the cost-of-living crisis. Crude oil prices are engaged in a tussle between fears of a recession-led demand decline and ongoing supply tightness, with risks to demand currently edging ahead. But many in the oil […]

Tens of thousands of businesses are at risk of going under without government support because of soaring energy bills, according to insolvency experts. Russia Stopped Pumping Gas to Europe On Monday European gas prices surged as Russia stopped pumping gas to Europe after Russia’s state-controlled Gazprom said it would halt pumping gas via the Nord […]