Environmental Finance

Rob Jetten, leader of the liberal D66 party, stands positioned to become the Netherlands' next prime minister following Wednesday's parliamentary elections that saw Dutch voters reject a brief experiment with far-right governance. D66 exceeded expectations in the electoral contest, with preliminary tallies indicating the party shares first place with the far-right Freedom party, which appears headed for an 11-seat decline compared to its 2023 performance. The centrist resurge

Real Madrid is preparing to pursue compensation exceeding €4 billion from UEFA, alleging substantial financial losses stemming from the governing body's rejection of the proposed European Super League. According to expert analysis commissioned by the Spanish football giant, the club estimates revenue losses ranging between €4.5 billion and €4.7 billion resulting from UEFA's 2021 veto of the breakaway competition. Sources close to the club, which has been a primary advocate fo

▸ Year-long semiconductor and rare earth pact secured ▸ Opioid-related duties reduced by half ▸ Taiwan question left unaddressed President Donald Trump and Chinese leader Xi Jinping have secured a comprehensive trade agreement that temporarily lifts export restrictions on critical minerals and semiconductor technology, marking a significant breakthrough in the world's most important bilateral economic relationship. During their first face-to-face meeting in six years, held in

Seoul Secures Reduced Auto Tariffs in Exchange for Massive Infrastructure and Shipbuilding Investment APEC Summit, South Korea — South Korea and the United States have reached a landmark trade agreement that will see Seoul invest $350 billion in the American economy in exchange for significantly reduced tariffs on Korean automobile exports. The deal, announced Wednesday following negotiations between President Donald Trump and South Korean President Lee Jae-myung during the A

Central bank to halt balance sheet reduction in December as FOMC members split on monetary policy path Washington The Federal Reserve yesterday announced it would halt its three-year quantitative tightening programme in December as it delivered a quarter percentage point rate cut, leaving borrowing costs at their lowest level since late 2022. The decision to end the balance sheet reduction effort comes after concerns that QT has disrupted short-term lending markets and risked

FT investigation finds Indian refinery received four shipments worth $280mn transported via sanctioned vessels New Delhi/London An Indian oil refinery co-owned by steel magnate Lakshmi Mittal's energy arm purchased almost $280mn of Russian crude transported on sanctions-listed vessels, according to an FT analysis of satellite imagery, shipping data and customs records. HPCL-Mittal Energy yesterday announced it would cease buying Russian crude, hours after the Financial Times

Following extensive presentations on the emerging Syrian government's economic strategies, a visiting German businessman expressed considerable enthusiasm last week. "I thought they'd be pitching us on rubble-clearing projects. Instead, we're hearing about the Damascus metro and 20-year housing plans," he remarked at a dinner gathering with foreign businesses, government officials, and local business leaders at the Four Seasons in Damascus. However, illustrating the challenge

From his office overlooking the White House, Treasury Secretary Scott Bessent articulated his approach to leading the cabinet agency responsible for the world's largest economy and most significant debt market. "We want the most America-first policies that are possible, without incurring market wrath," said the 63-year-old hedge fund manager from South Carolina. During nine months in office, Bessent has vigorously championed President Donald Trump's aggressive tariff policies