Now, do we want our banks to continue financing fossil fuel projects such as Oil Exploration . Well, europes Climate Change credentials face an acid test today. Eu finance ministers will decide whether to back a plan by the blocs lending arm, the European Investment bank, the worlds biggest multilateral lender, to end loans to coal, oil and Gas Companies beyond next year. The decision comes against a backdrop of investors increasingly offloading their fossil fuel holdings, among them norways sovereign wealth fund, the Worlds Largest, which is dumping more than 13 billion of investments. But, despite millions of eu citizens joining climate strikes and rallies in recent weeks, the eibs plan is opposed by the European Commission and countries including germany, italy, poland and latvia. They want to keep funding gas projects to help the move away from coal to renewables. Germany is aiming to close its Nuclear Power plants by 2022, but doesnt plan to phase out coal Power Generation until 2
Sentence. This is Bloomberg Markets middle east. Im yousef gamal eldin in dubai. A lot of the reaction we are seeing in the Asian Session is still a little bit in response to what we saw on friday. Jump into the bloomberg with me and lets take a look at the Global Market map. Some of the japanese stocks coming under german this pressure. The nikkei down 2. 5 . Electronics makers the biggest drag. The asiapacific index is on course for its biggest drop in almost 14 months. That is some context for you there. The Foreign Exchange space downg you got the chinese , also the brazilian r the brazilian riyal. Also some readjustments on the trade wti down over 1 . I want to show you what is happening with the bloomberg dollar index that is key to this conversation. A little bit of a downside as we speak. Dollaryen wanes. We see some of the capital flowing into that down 2 5 of 1 . Two blips. R up by u. S. Equity futures, where are we at . Down almost 2 5 of 1 . Lets check in on some of the big
Nima Khojasteh joins Samana Developers traveldailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.com Daily Mail and Mail on Sunday newspapers.
Samana Developers, one of the leading real estate developers in Dubai, has announced the appointment of Nima Khojasteh as its new Chief Sales Officer (CSO), who has been set a sales target of AED12.5 billion ($3.5 billion) for 2024.
FREMONT, Calif., May 23, 2024 Actelis Networks, Inc. a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced the signing of a binding.