Oxfam’s recent study highlights a significant CO2 emissions gap in the EU, revealing that the wealthiest 1% emit 14 times more CO2 than the less affluent half. Released on Monday, the report proposes a wealth tax to combat climate change and inequality. The Stockholm Environment Institute’s collaboration predicts 67,800 extra heat-related deaths by 2100, due […]
Related Posts
Market Expects Further Drop in Brazil’s Selic Rate
The latest Focus Bulletin indicates steady inflation expectations for this year, with a slight dip for next year. Analysts predict the official rate to stabilize at 4.63% for 2023, a small drop from last month. For 2024, expectations worsened slightly to 3.91%. The median based on recent updates also echoes this trend. For 2024 and […]
World’s Weekly Business Highlights: Feb 19-23, 2024
As we embark on a new week, the global financial landscape braces for a flurry of economic indicators and pivotal events. From February 19th to the 23rd, 2024, investors and policymakers alike will be keenly watching as data unfolds across continents. This guide provides a comprehensive overview of what to expect, offering a roadmap through […]
Standard & Poor’s forecasts sharp economic slowdown in Israel due to judicial reform
Standard & Poor’s, the financial rating agency, issued a warning on Thursday that the controversial judicial reform being pursued by the Israeli government will have a negative impact on the country’s economy. The agency forecasts a growth rate of 1.5% for 2023, a significant drop from the 6.5% recorded in 2022. The judicial reform, driven […]