Your ‘Recycled’ Grocery Bag Might Not Have Been Recycled

Yves here. Yet another alert that environmentally-friendly claims about packaging might be bogus, following in path of carbon credits and other “new and improved” versions. By Ian Morse (@ianjmorse), who investigates land and extractive businesses, reports on the natural sciences, and writes the Green Rocks newsletter. He is based in Seattle. Originally published at Undark […]

UK government expected to offer energy companies windfall tax relief

Britain’s oil and gas companies are next week expected to be offered the prospect of windfall tax relief, as prime minister Rishi Sunak looks to boost investment and improve the country’s energy security. Ministers have been discussing with the sector a promise that the 35 per cent windfall levy on profits would cease to apply […]

After Credit Suisse’s demise, attention turns to Deutsche Bank

In recent weeks, euro-zone investors have experienced a sense of disbelief. Could banking turmoil really stay confined to America and Switzerland? On March 24th, as European bank stocks slumped, the disbelief faded. By the end of the day Christine Lagarde, president of the European Central Bank, had commented that Europe’s banks were safe and liquid […]

Market Talk – March 24, 2023

  ASIA:   Japan’s economy narrowly averted a recession in the final months of 2022, barely growing on frail consumption after shrinking in the third quarter, revised data showed, underscoring the challenge for policymakers trying to shore up a wobbly recovery. Record high inflation and slowing global growth amid sweeping monetary tightening across many countries […]