Category: PMN Business

Jun 24

Costly election pledges in France stoke fears of splurges that risk pushing country deeper into debt

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press John Leicester, Paul Wiseman And Stan Choe Published Jun 24, 2024  •  6 minute read Article content PARIS (AP) — The promises are appealing -_ and expensive. Vying to oust the centrist government of President Emmanuel Macron in an upcoming two-round parliamentary election […]
Jun 24

Climate Group Backed by TCI Billionaire Has a Transition Warning

Breadcrumb Trail Links PMN Business A nonprofit backed by Chris Hohn, the billionaire money manager behind TCI Fund Management, says climate investors need to move into the highest-emitting sectors if they’re to effectively bring about a low-carbon energy transition. Author of the article: Bloomberg News Alastair Marsh Published Jun 24, 2024  •  3 minute read […]
Jun 23

Coup-hit Niger was betting on a China-backed oil pipeline as a lifeline. Then the troubles began

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Chinedu Asadu Published Jun 23, 2024  •  3 minute read Attacks and diplomatic disputes are hampering oil flows through a China-backed pipeline running from Niger to Benin’s coast. Photo by Kevin S. Vineys /THE ASSOCIATED PRESS Article content ABUJA, Nigeria (AP) — A […]
Jun 23

Bitter political fight in Bolivia is paralyzing the government as unrest boils over economic crisis

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Carlos Valdez And Isabel Debre Published Jun 23, 2024  •  5 minute read Article content LA PAZ, Bolivia (AP) — Protesters streamed into Bolivia’s capital, throats hoarse from chanting and feet blistered from a week of walking along the national highway. The throngs […]
Jun 22

Fed’s Key Inflation Gauges May Offer Path to Rate Cuts: Eco Week

Breadcrumb Trail Links PMN Business The Federal Reserve’s favored inflation yardsticks are poised to show the tamest monthly advances since late last year — a stepping stone for officials to begin lowering interest rates, possibly as soon as September. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jun 22, 2024  •  […]
Jun 22

Thai PM Touts Plans for Casinos, Nuclear Power in First TV Talk

Article content (Bloomberg) — Thai Prime Minister Srettha Thavisin used his first monthly television address as the country’s leader to promote plans for legalizing casinos and building a nuclear power plant to curb illegal gambling and reduce electricity costs. Casinos would bring gambling businesses under the government’s control, while a nuclear power plant would ease […]
Jun 22

Climate change makes India’s monsoons erratic. Can farmers still find a way to prosper?

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Sibi Arasu Published Jun 21, 2024  •  4 minute read Article content BENGALURU, India (AP) — Each year from June to September, a heavy band of rain makes its way from India’s southwest coast to its northeastern borders, quenching farmers’ thirsty fields. India’s […]