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.
The Trade War Could Drag On and On. Here’s Why — and What to Watch...
Barron's May 20
Carbon removal takes hold on Hill
Politico May 16
Beyond tariffs, China has other ways to retaliate
CBS May 14
Economists: Tariffs Not Boosting GDP
FactCheck.Org May 14
The Market Is Spooked, but the Trade War Might Not Be So Bad
Barron's May 14
Power Companies Have a Plan to Save the Earth. It Probably Won’t Work.
The Weather Channel May 14