Sunday, 19 January 2025
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Christian Kraemer

FILE PHOTO: A drone view shows BYD electric vehicles (EV) before being loaded onto the "BYD Explorer No.1" roll-on, roll-off vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS/File Photo
Electric Vehicles (EVs)NewsPoliticsTrade

Germany set to abstain in vote of EU tariffs on Chinese EVs

Germany is set to abstain in Monday's vote by European Union member states on imposing provisional tariffs on Chinese electric vehicles, sources told...

World Bank Group President Ajay Banga poses with Latvia's Minister of Finance Arvils Aseradens, Italy's Director General of the Treasury Riccardo Barbieri Hermitte, Norway's Minister of International Development Anne Beathe Tvinnereim, Belgium's Counselor-General at the Treasury Steven Costers, France's Director General of the Treasury Bertrand Dumont, Japan's Deputy Vice Minister of Finance for International Affairs Daiho Fujii, Denmark's Ambassador and Director for Multilateral Affairs Marie-Louise Koch Wegter, United Kingdom's Minister of State, Foreign, Commonwealth and Development Andrew Mitchell, Germany's Federal Minister for Economic Cooperation and Development Svenja Schulze, Netherlands' Minister of Finance Steven van Weyenberg, and U.S. treasury secretary Janet Yellen at the G-20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 19, 2024. REUTERS/Ken Cedeno
BusinessClimateEconomyFinanceNewsPolitics

World Bank wins $11 billion in pledges to boost lending for climate, global crises

The World Bank says 11 countries have pledged to contribute over $11B billion to new hybrid capital and portfolio guarantee instruments designed to...

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