Global Recession Looms Amid Broadest Rate Hikes in Five Decades, World Bank Says

Bloomberg2022-09-16

Global policy rates seen to climb to almost 4% through 2023Policy makers told to battle inflation by boosting productionThe global economy may face a recession next year caused by an aggressive wave ...

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Comments

  • Richard0208
    2022-09-17
    Richard0208
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    2022-09-17
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    Asean needs to triple investments in renewables to meet climate goals by 2050. SOUTH-EAST Asian nations will need to triple investments in renewable energy to more than US$7 billion to meet climate change targets by 2050, government officials said on Thursday (Sep 15). On an annual basis, the Association of South-east Asian Nations (Asean) needs to direct US$200 billion to US$245 billion into renewable power, biofuels, energy efficiency and enabling technologies and infrastructure over the period to 2050.According to the second edition of the Renewable Energy Outlook for Asean: Towards a Regional Energy transition – released by the International Renewable Energy Agency (Irena) during the Asean Ministers on Energy Meeting - significant regional business and investment opportunities ari
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    2022-09-16
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