November 10, 2021/IMF To keep warming to 1.5-2 degrees, we need to cut global emissions by 30-55 percent below business-as-usual levels by 2030. It’s up to negotiators to agree how cuts should be balanced across countries. Under revised plans, advanced economies have committed to reduce emissions rapidly—with collective pledges of 43 […]
World News
Federal Reserve issues consent order against Mashreqbank for firm’s unsafe and unsound practices related to sanctions compliance
November 9, 2021/US Federal Reserve The Federal Reserve Board on Tuesday announced it has issued a consent cease and desist order against Mashreqbank psc, of the United Arab Emirates, for having insufficient policies and procedures to ensure that the activities conducted at its offices outside the United States complied with […]
Mexico on the Rebound
Crowds in a fish market in Mexico City. Spurred by strong US growth and rising vaccination rates, the economy is rebounding. (photo: LUIS CORTES/REUTERS/Newscom) IMF COUNTRY FOCUS November 4, 2021/IMF By Swarnali Hannan and Kevin Wiseman IMF Western Hemisphere Department Mexico’s economy is rebounding from its steepest recession in decades. Raising […]
