The global green transformation will create a windfall for many Emerging Markets that are home to large deposits of essential raw materials needed for the revolutions, while others like oil producers will take a hit and see their growth slow.
The Amazon rainforest could face “large-scale collapse” by 2050, says new research.
The great and good have assembled in UAE’s capital of Dubai for the COP28 conference to hash out a plan to avert the looming environmental disaster, but its probably too late.
Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.
The seas are the temperature of bath water and the land is baking. This year the rise the global temperature in June already passed the 1.5C limit compared to the 1850-1900 base set in the Paris Accords as the upper limit for global warming.