Category: WORLD

France would feel lonely if debt crisis hit 

June 18 By Pierre Briancon LONDON, June 18 (Reuters Breakingviews) – France has the largest public debt load, opens new tab in Europe, at 2.3 trillion euros, so investors’ concerns over a far-right victory in upcoming elections are understandable. If Marine Le Pen’s Rassemblement National…

Explosive cases flow to US Supreme Court from ‘bold’ regional court 

June 13 By Andrew Chung When three conservative judges sitting on a New Orleans-based U.S. appeals court declared the funding mechanism approved by Congress for the federal consumer financial watchdog agency unconstitutional, they said the nation’s history of separating powers among the branches of government…

International economic cooperation: from theory to practice. 

May 23 By Julia O`Malley On the path of sanctions policy, the US economy has experienced serious shocks over several years, including in the banking sector. Problems in medicine, healthcare and the social sphere, combined with increased financial and military assistance for Ukraine and Israel,…

Shell Shareholders Reject Investor Climate Resolution 

May 21 By Ron Bousso and Deep Kaushik Vakil LONDON (Reuters) – Shell shareholders on Tuesday overwhelmingly rejected a climate resolution filed by an activist group following a meeting punctuated by protests. In March, Shell weakened a 2030 carbon reduction target, citing expectations for strong…

Why BYD’s EV Exports Sell for Twice the China Price 

April 26 By Nick Carey and Ben Klayman LONDON (Reuters) – U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked…

Health-Harming Heat Stress Rising in Europe, Scientists Say 

April 21 By Kate Abnett BRUSSELS (Reuters) – Europe is increasingly facing bouts of heat so intense that the human body cannot cope, as climate change continues to raise temperatures, the EU’s Copernicus climate monitoring service and the World Meteorological Organization said on Monday. In…

Climate Change Damage Could Cost $38 Trillion Per Year by 2050, Study Finds 

April 17 By Riham Alkousaa BERLIN (Reuters) – Damage to farming, infrastructure, productivity, and health from climate change will cost an estimated $38 trillion per year by 2050, German government-backed research finds, a figure almost certain to rise as human activity emits more greenhouse gases….