Oct 27 (Reuters) – Democratic Senator Joe Manchin has leveraged his party’s slim majority in Congress to reshape President Joe Biden’s spending bill, slashing its initial price tag of $3.5 trillion and blocking policy proposals on climate and social programs. In a 50-50 Senate where all Republicans oppose the spending plan, Democrats can only pass...Read More
Having treated us all to cosy snaps of him and his Labrador, Nova, and him hard at work in his athleisure wear, Rishi Sunak wants to give the political impression that he’s a chancellor we can all be comfortable with – careful with our money, but not afraid to spend it on things that matter,...Read More
Imagine a single policy, imposed on one industry, which would, if enforced consistently, stop fossil fuels causing global warming within a generation. The Carbon Takeback Obligation could do just that. It requires fossil fuel extractors and importers to dispose safely and permanently of a rising fraction of the CO2 they generate, with that fraction rising to 100% by the year...Read More
A U.S. dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic Dollar index creeps up 0.1% Bank of Canada meets on Wednesday Bank of Japan, European Central Bank meet on Thursday NEW YORK, Oct 26 (Reuters) – The U.S. dollar edged up on Tuesday in narrow-range trading as markets awaited news...Read More
New national poll shows overwhelming support among voters for clean energy and its benefits to environment, jobs and the economy Published: Oct. 26, 2021 at 7:00 AM CDT|Updated: 33 minutes ago WASHINGTON, Oct. 26, 2021 /PRNewswire/ — The American Clean Power Association today kicked off its inaugural American Clean Power Week, an entire week dedicated to...Read More
Canada’s Prime Minister Justin Trudeau speaks during a news conference at a Cabinet retreat in Ottawa, Ontario, Canada September 14, 2020. REUTERS OTTAWA, Oct 26 (Reuters) – Canadian Prime Minister Justin Trudeau, who fell short of a majority in last month’s election, will introduce a Cabinet on Tuesday that analysts say should hone in on...Read More
Supply chain disruptions and labor shortages are continuing to hold back economic growth, but index readings released Monday show the Massachusetts economy expanding for a sixth straight quarter and four straight quarters of growth for the U.S. economy. Citizens said its national Citizens Business Conditions Index finished the third quarter at 57.1, down from the...Read More
* Dollar bounces vs euro ahead of ECB meeting * Central bank meetings, data later in week add risk * Commodity-linked currencies rise further (New throughout, updates prices, market activity and comments; new byline, changes dateline, previous LONDON) By David Henry and Tommy Wilkes NEW YORK/LONDON, Oct 25 (Reuters) – The dollar rose from a...Read More
An RT article suggests a top US Treasury official sought to blackmail unvaccinated Americans by saying shortages of goods would continue until they all receive Covid-19 shots. But the shortages and higher prices are caused by increased demand and a lack of workers rather than a government plot, and the Treasury official said worldwide vaccination...Read More
With the supply chain crisis putting a spotlight on ports around the world, China’s outsized role in the global economy is front and center. Show Transcript with the supply chain crisis, putting a spotlight on ports around the world. China’s outsized role in the global economy is front and center. We are in Greece where...Read More
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