UN Shipping Agency Debates Global Emissions Tax for Shipping Industry

The United Nations’ International Maritime Organization (IMO) is in talks to implement global regulations aimed at reducing the climate impact of international shipping, which accounts for roughly 3% of global emissions. A key proposal on the table is the introduction of a global emissions tax, alongside a new marine fuel standard to curb pollution. Discussions […]

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J.P. Morgan’s Campbell Global Closes $1.5B Climate-Focused Timberland Fund

Investor Confidence in Nature-Based Assets Drives Fund Over Target J.P. Morgan’s Campbell Global has successfully raised $1.5 billion for its Forest & Climate Solutions Fund II, surpassing its $1 billion target by $500 million. This fund, which forms part of the firm’s broader post-acquisition strategy following its 2021 purchase of timberland management firm Campbell Global, […]

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Rio Tinto to Supply 70% Key Iron Ore for Groundbreaking EU Backed Low-Carbon Steel Project in Austria

Revolutionary Hydrogen-Powered Steelmaking Plant to Launch in 2027 Rio Tinto is set to supply 70% of the iron ore for an innovative hydrogen-based steel production facility in Linz, Austria, backed by a consortium of leading companies including Mitsubishi Corporation, voestalpine, Primetals Technologies, and Rio Tinto itself. This project, which will begin operations in mid-2027, aims […]

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Copper Prices Plunge, Causing Massive Buying Surge in China

Unprecedented Volatility Fuels Copper Rally In an extraordinary display of market volatility, copper prices dropped below $8,500 per metric tonne during early trading on Monday, April 7, 2025. This sharp decline prompted a massive buying spree, particularly from Chinese buyers, who quickly seized the opportunity to secure copper at lower prices. Their actions triggered a […]

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Apple Sends Emergency Shipments of 5 Planes to US to Dodge New Tariffs

Apple Rushes to Avoid Price Hikes as Tariffs Loom In the final days of March, Apple flew five cargo planes loaded with iPhones and other products from India and China to the United States, seeking to avoid a major price hike triggered by new tariffs. The shipments, arriving over a span of three days, ensured […]

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EU Pledges Full Support for Peace Efforts in Ukraine as Conflict Rages On

Europe Urges Russia to End Hostilities and Commit to Peace Talks The European Union has reiterated its commitment to supporting peace efforts in Ukraine, urging Russia to accept ceasefire proposals and halt its attacks on Ukrainian civilians and infrastructure. Speaking at the UN Security Council on April 9, Stavros Lambrinidis, the EU’s Permanent Representative to […]

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UN Urges Immediate Humanitarian Aid Access to Gaza as Crisis Intensify

Humanitarian Crisis Escalates as Gaza Faces Ongoing Blockade The humanitarian situation in Gaza has reached critical levels, with UN Secretary-General Antonio Guterres calling for immediate and unrestricted aid access to the region. As Israel’s blockade continues, now entering its second month, the flow of essential supplies, including food, fuel, medicine, and commercial goods, has been […]

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China Blocks $23 Billion Port Deal, as BlackRock Eyes $68 Trillion Infrastructure Boom

Global Infrastructure and Private Markets: A New Era The future of global infrastructure, particularly ports, is set to shape the world’s economy in the coming decades, according to BlackRock Chairman Laurence Fink. In his annual letter to investors, Fink emphasized that assets like data centers, power grids, and ports will be critical drivers of economic […]

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DR Congo crisis: 41,700 refugees have fled violence to Uganda

Every day since the end of last month, around 600 Congolese have been crossing the border into Uganda – which hosts the largest number of refugees in Africa – bringing the total sheltering there to nearly 600,000, out of a total of 1.8 million. This “risks overwhelming the country’s capacity as it also responds to the […]

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FATF’s Financial Inclusion Revisions: What To Do Now? | Blog

The consultation window is now open for the Financial Action Task Force (FATF)’s revisions to its Guidance on AML/CFT and Financial Inclusion. As discussed in previous blogs, the Guidance has a real impact on the financial inclusion of millions worldwide, and the financial inclusion community has a critical role to play in informing and shaping […]

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