The Philippines’ dependency on coal-fired power overtook China, Indonesia and Poland in 2023, according to Ember.
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‘We don’t do God’ and massive ad spends: How UK election races differ from American ones
The U.K. and U.S. have a lot in common. But when it comes to politics, Brits do things very differently from their American friends.
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July 4, 2024July 4, 2024Country, United States, Worldwide
Vanguard’s Former OCIO Clients Must Stand Their Ground
Vanguard’s OCIO clients should be wary of the higher-fee active funds and alternative investments that are now open to them.
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Asia-Pacific markets mostly rise as investors assess business activity data from the region
Asia-Pacific markets mostly rose Wednesday, after U.S. Fed Chair Jerome Powell comments on inflation, while investors assessed a slew of data from the region.
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July 3, 2024July 3, 2024Worldwide
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
“We’ve made quite a bit of progress and in bringing inflation back down to our target,” Powell said at a central banking forum in Sintra, Portugal.
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July 3, 2024July 3, 2024Worldwide
The U.S. needs more of this critical metal — and China owns 80% of its supply chain
China dominates the supply chain for many of the world’s critical minerals, but so far it’s held off on sweeping restrictions on at least one: tungsten.
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Markets will be ‘upset’ if new French government does not commit to fiscal rules, European Central Bank’s vice-president says
“What we have seen so far is that the evolution of [French] markets has been quite orderly,” the vice president of the European Central Bank told CNBC.
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‘It’s not just Taylor Swift’: ECB’s Lagarde says Eras Tour is not alone in keeping euro zone inflation high
European Central Bank President Christine Lagarde said that Taylor Swift’s Eras Tour is not alone in keeping inflation high across the euro zone.
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Greece becomes first EU country to introduce a six-day working week
Greece has introduced a six-day working week for some businesses, seeking to boost productivity and employment in the southern European country.
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France’s Macron made key mistakes and demonized the left, says bestselling economist Thomas Piketty
Thomas Piketty, bestselling French economist, pointed to what he described as one of Macron’s biggest mistakes: neglecting and demonizing France’s left wing.