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New Zealand becomes first country to force finance companies to act on climate risks

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New Zealand has become the first country in the world to pass a law forcing financial institutions to disclose and, the government says, act on climate-related risks and opportunities. “We have an opportunity to pave ...

The future of Europe is at stake in the fight for Germany’s finance ministry

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The result of the German election was known within minutes of the polls closing on 26 settembre. But the kind of government that will emerge is being decided now, behind closed doors, in intense three-way coalition ne...

Hope and fear in EU as hardliner tipped to be German finance minister

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Germany’s biggest neighbours are watching the formation of the country’s new government with a mixture of hope and fear, amid concerns that a fiscal hardliner hotly tipped to become the next finance minister could dra...

Iraq captures alleged Islamic State finance chief in operation abroad

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Iraq has captured the alleged finance chief of the Islamic State group, Sami Jasim al-Jaburi, who was sought by the US, in an operation abroad, Iraqi authorities have said. Jaburi, also the suspected former deputy to ...

Most ethnic minority finance workers suffer discrimination, finds UK report

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Two in three UK finance workers from black and minority ethnic backgrounds have suffered discrimination in the workplace, according to an industry survey revealing shortfalls in the City of London’s diversity agenda. ...

Developing nations welcome US climate finance pledge but warn more is needed

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Developing countries and campaigners welcomed the offer of increased climate finance from the US president, Joe Biden, at the UN on Tuesday, but warned that rich countries needed to do more to ensure the poorest recei...

Rich countries not providing poor with pledged climate finance, analysis says

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Rich countries will continue to miss a longstanding pledge to provide poor countries with $100bn a year in climate finance for the next four years, new analysis suggests on the eve of a crunch meeting of world leaders...

Syria cement plant at centre of terror finance investigation ‘used by western spies’

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A cement plant in Syria at the centre of a terror financing investigation in France was used by western intelligence agencies to gather information on hostages held by Islamic State, sources connected to the operation...

Giuliani associate Igor Fruman expected to plead guilty in campaign finance case

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A man who helped Rudy Giuliani try to unearth damaging information about President Joe Biden in Ukraine is expected to plead guilty in a case alleging illegal campaign contributions to US politicians, according to a c...

UK finance giants plan to buy out fossil fuel plants in order to shut them

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A group of the UK’s biggest financial institutions plan to hasten the phasing out of coal power in Asia by buying out fossil fuel plants in order to shut them down within 15 anni. Finance companies including lenders ...

Pedro Francke: relief in Peru as moderate is made finance minister

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Dopo 24 hours of uncertainty and the worst Friday in years on the stock exchange, Peru’s new president, Pedro Castillo, has completed his cabinet, swearing in the moderate leftist economist Pedro Francke as finance m...

Vancouver judge’s decision over Huawei finance chief may deepen US-China row

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The prospect of a deepening diplomatic row between the US and China has grown after a Canadian judge refused to admit new evidence that might have helped the Huawei chief financial officer, Meng Wanzhou, avoid extradi...

Huawei finance chief faces setback in fight against US extradition

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A Canadian judge has denied an application by Meng Wanzhou, the Huawei chief financial officer, to add documents her legal team received from HSBC as evidence to her US extradition case, the judge announced on Friday....

Rishi Sunak to announce £15bn green finance plan

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Rishi Sunak will announce plans to transform the City of London into a hub for green finance on Thursday as the government pushes to boost its competitiveness on the global stage after Brexit. The chancellor is expect...

New Zealand’s campaign finance laws are broken. That can have enormous consequences

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The spokesperson for Aotearoa New Zealand’s Green party was genuinely surprised. She had called after I informed them that a major donor to their 2020 election campaign had subsequently pleaded guilty to animal neglec...

European finance ministers push for G7 tax abuse deal

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Buongiorno. With the G7 summit set to begin in two weeks, the EU’s four biggest economies have raised the stakes for leaders to reach a landmark agreement to curb tax avoidance by multinational companies. In a lett...

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