News

Amazon countries sign Belem declaration but disagree on deforestation principles

L. R.

9 August 2023 - 13:17

In Belem, Brazil, eight South American countries have signed a declaration calling for international help to save the Amazon rainforest.

Global crisis: China’s deflation signals isolation from world markets

L. R.

9 August 2023 - 11:45

China is in crisis for the opposite reason of the West: deflation. Every developed economy is facing economic hardships.

Italy taxes banks, reduces fiscal pressure amid ECB rate hikes

L. R.

8 August 2023 - 13:27

As the ECB monetary tightening puts greater pressure on European citizens, Italy decided to tax the bank’s extra profits.

Neom: how Saudi Arabia plans to destroy the Arabian desert with a "futuristic" city

Money.it

8 August 2023 - 08:00

The futuristic city-state in the Arabian Desert is funded by Crown Prince Mohammed Bin Salman to the tune of $200 billion. However, the project raises questions about its environmental impact.

Insight: why the world is still dependent on coal?

Money.it

7 August 2023 - 11:23

Prior to 2020, developed countries, especially in Europe and North America, were reducing their consumption of coal. Now, however, the demand is on the rise.