Even if a substantial proportion of debt is refinanced, further defaults are inevitable and Local Government Financing Vehicles (LGFV) debt will continue to drag down growth in the coming years.
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Significant policy action is required to ensure these technologies are available in time and at the scale required to avoid the worst impacts of climate change.
The report shows finds that two-way FDI flows dropped by 60% last year to just $18 billion, amidst US-China frictions, stepped-up US investment screening and persistent Chinese capital controls.
We have the tech to suck CO2 from the air–but can it suck enough to...
Fast Company Jun 11
The Global Gas Plunge Is Set to Curb Carbon Emissions
Bloomberg Jun 10
Mongolian Bank Pillages China’s Money Markets
Wall Street Journal Jun 4
2019 Power-Sector Trends Point to a Continued Rise in U.S. Emissions
Scientific American Jun 3
China threatens to blacklist foreign companies after Huawei ban
CNN May 31
U.S. carbon emissions are on the rise
Axios May 31