Tag: GLOBAL

Germany’s Flooding Rearranges Political Picture Ahead of Election to Succeed Merkel

BERLIN—Last week’s devastating floods in Germany that have so far claimed nearly 160 lives have become the central issue of the country’s coming election that...

Floods in Germany, Belgium Leave More Than 100 Dead as Rescuers Race to Find Survivors

BERLIN—Rescuers in Germany and neighboring countries were racing to find survivors from the region’s worst flooding this century, as the death toll rose to over...

EU, China Unveil Sweeping Plans to Cut Greenhouse-Gas Emissions

The European Union and China presented sweeping plans to limit greenhouse-gas emissions that will increase costs for industry and consumers, but they drew criticism from...

Yellen keeps up push for greater U.S. climate-change regulation, rebuffing concerns of Republicans

Treasury Secretary Janet Yellen said Sunday she will lead an effort across U.S. financial regulators to better scrutinize the potential of climate-change risk, part of President Joe...

Opinion: If you want to fix climate change, you need to fix this flaw in conventional economic thought

BRUSSELS, Belgium (Project Syndicate)—Nowhere are the limitations of neoclassical economic thinking—the DNA of economics as it is currently taught and practiced—more apparent than in the...

Global Tax Deal Marks Big Advance for Cooperation, but Tougher Tasks Lie Ahead

VENICE—Finance chiefs from the Group of 20 leading economies on Saturday endorsed an overhaul of the rules for taxing international companies, a landmark achievement of...

Inclusion of these U.S. money managers means nearly half of all asset funds managed globally are linked to climate-change pledge

U.S. asset managers Franklin Templeton and MFS Investment Management are among the 41 new signatories, representing $6.8 trillion in assets, joining the Net Zero Asset Managers initiative....

Rising COVID-19 cases in California highlight risks of delta variant, as WHO head warns world in dangerous period of pandemic

A 17% increase in cases of the coronavirus-borne illness COVID-19 in California in the last 14 days has increased concerns about the highly infectious delta...

Opinion: Record heat and your retirement: Why the climate crisis should factor into your financial plan

The Pacific Northwest is currently experiencing a record heat wave so severe that statisticians say it should happen only once a millennium, but which climatologists...

Panama Canal Tackles Climate-Change Puzzle: Too Little Rainwater or Too Much

PANAMA CITY—The Panama Canal faces a creeping threat from climate change, including droughts so intense that ships sometimes reduce their cargo so as not to...

Delta Coronavirus Variant Prompts Limits in Australia, Israel, as India Warns of New Mutation

Authorities in Israel and Australia imposed new Covid-19 restrictions in response to the spread of the highly infectious Delta variant of the coronavirus, while India...

China, Other Asian Countries Vaccinate Against Covid-19 Faster Than Ever

SEOUL—Covid-19 vaccine rollouts have accelerated in many Asia-Pacific countries in recent weeks, overtaking the pace of doses being administered in the U.S. and other Western...

G-7 recommits to clean-energy funds owed to developing nations, gets serious about 2030 targets

The Group of Seven most powerful nations on Sunday recommitted on cooperation to thwart climate change as they aim to nearly halve their greenhouse-gas emissions...

WHO Chief Urges China to Cooperate With Probe Into Covid-19 Origins

FALMOUTH, England—The head of the World Health Organization on Saturday urged China to cooperate with an investigation into the origins of the coronavirus after a...

Biden Meets With G-7 Leaders in England, Hoping to Repair Frayed Ties

ST. IVES, England—World leaders gathered in southwestern England for a summit of the Group of Seven leading economies, where wealthy countries planned to collectively donate...

Biden, Johnson Chart Path for U.S.-U.K. Ties

PLYMOUTH, England—President Biden and British Prime Minister Boris Johnson pledged to counter the influence of autocratic states during their first in-person meeting Thursday and looked...

Poor Countries to Urge G-7 Members to Share More Covid-19 Vaccines

Public-health officials and leaders in developing-world countries are expected to press the Group of Seven countries to commit to large donations of Covid-19 vaccines and billions in...

Brazil’s Economy Bounces Back to Pre-Pandemic Levels While Covid-19 Still Rages

Brazil’s economy has returned to pre-pandemic levels, lifted by the biggest stimulus in emerging markets and a return to normal activity by many Brazilians who...

Inquiry Into Covid-19’s Origins Splits U.S. and China

The U.S. and China staked out sharply opposing positions over how to trace the origins of the coronavirus pandemic, with Washington calling for a new...

Food Prices Soar, Compounding Woes of World’s Poor

A surge in food prices is deepening the pain caused by Covid-19 across the developing world, forcing millions into hunger and contributing to social problems...

COVID-19 was never going to have a Hollywood ending

The coming months will be messy, frustrating and prolonged — just like the coronavirus pandemic story so far. The long, slow march of the pandemic...

WHO declared a pandemic one year ago today

One year after the World Health Organization declared COVID-19 a global pandemic, more than 118 million cases of the coronavirus-borne illness have been confirmed around...

‘Pittsburgh can’t win the day without Paris, or vice versa’ — these mayors are allies not foes on climate change

  City of lights? Pittsburgh’s skyline at night. AFP via Getty Images “ ‘Pittsburgh can’t win the day without Paris, or vice versa. Nor will...

Mastercard joins net-zero climate club with ambitious pledge to bring most of its customers on board

Mastercard Inc. pledges to hit the equivalent of net-zero greenhouse gas emissions by 2050, an increasingly familiar refrain across major companies and government bodies as...

Climate activist Greta Thunberg chides Sen. Ted Cruz’s preference for a ‘Pittsburgh Accord’

Teenage global climate-change activist Greta Thunberg, who can boast over 4.6 million followers on Twitter and her own postage stamp, welcomed U.S. President Joe Biden’s...