Category: energy

Apr 21

EU Lawmakers Set to Call for 2030 Methane-Reduction Goal

Article content (Bloomberg) — European Union lawmakers are set to back tough requirements for fossil fuel producers to rein in emissions of one of the most potent greenhouse gases. Article content Deputies from Parliament’s industry and environment committees are expected to vote next week in favor of setting a 2030 methane-reduction target before 2026, according […]
Apr 15

Charting the Global Economy: IMF Trims 2023 Growth Projections

Breadcrumb Trail Links PMN Business The International Monetary Fund said global growth will slow this year more than it previously forecast, partly because of recent stress in the financial sector. Author of the article: Bloomberg News Vince Golle and Molly Smith Published Apr 15, 2023  •  3 minute read Join the conversation 8)81a0kg[xh4r}bvnpc7rd(}_media_dl_1.png Source: Bloomberg […]
Apr 13

Ramaphosa Seeks $110 Billion of Investments for Nation in Crisis

Breadcrumb Trail Links PMN Business South Africa’s President Cyril Ramaphosa announced plans to attract 2 trillion rand ($110 billion) of investment by 2028, to the clamor of business executives pleading with his government to urgently address the nation’s energy and logistics crises, and rampant crime. Author of the article: Bloomberg News S’thembile Cele and Amogelang […]
Apr 13

Winter of Discontent Looms as South Africa Fumbles, Group Says

Article content (Bloomberg) — South Africa faces a winter of social unrest as sustained power outages limit economic growth and job creation, amid a cost-of-living crisis and increasing political tensions ahead of elections scheduled for next year, according to the Centre For Risk Analysis. Article content Africa’s most-industrialized economy is likely to be plagued by […]
Apr 9

Ukraine Latest: Central Bankers Head to IMF/World Bank Meetings

Breadcrumb Trail Links PMN Business Ukraine has laid thousands of anti-tank mines near its northern border with Belarus and Russia to fortify defensive lines and positions, Ukraine’s defense ministry said, citing a top commander. Two civilians were killed in an overnight Russian strike on Zaporizhzhia in Ukraine’s southeast. Author of the article: Bloomberg News Bloomberg […]