With markets on edge over ill-advised further rate-cutting ahead, analysts on alert over possible balance of payments crisis on horizon.
The US has joined the High Ambition Coalition and has signed up to the goal of limiting global warming to 1.5°C by 2100, halving global emissions by 2030 and making good on the promise of $100bn per year of climate finance for poor nations.
Supply constraints “have really started to bite now”, actively limiting output and new order volumes, says IHS Markit economics director.
A new centre-left government in Berlin could help create a two-tier Europe, especially if it promotes rule of law penalties.
COP26 is trying to put flesh on the bones of the targets and promises made at the 2015 Paris meeting.
Ukraine’s trade volume with Turkey can double to $10bn per year if the details on a long-awaited free trade deal are straightened out after years of negotiations.
British organisers said to have put restrictions on size of Turkish delegation and motorised vehicles.
Erdogan and Biden won’t be short of topics to talk about when they meet in Glasgow. But the former should spare the latter a dose of macro.
Bayraktar T2B said to have destroyed Russian-made howitzer in separatist-controlled area. Russia says uses of battlefield technology risks destabilising conflict situation.
A majority of G20 net-zero pledges made so far are not strong enough and are not backed up by meaningful and effective promises of action.
Government made move amid fresh wave of lira depreciation that took currency to just short of 10 to the dollar.
In a resolution on the EU’s strategy for cutting methane emissions, MEPs voted 563 to 122 in favour of introducing binding measures and targets on methane abatement, in order to significantly reduce emissions by 2030, in line with Paris goals.
Move may prove to be nothing more than rhetoric. An election is not far off and Erdogan, under pressure on many fronts, is floundering in the opinion polls.