CAIRO — Remittances from Egyptians abroad declined slightly in January 2021 to $2.54 billion from nearly $2.65 billion in the same month a year earlier, the central bank said in a statement on Sunday. Read More
President Joe Biden and Vice President Kamala Harris have made environmental justice a core tenet of their climate action plans. Last week, they took an important step to bring the nation’s most important environmental justice voices to the forefront of
Here are seven takeaways from U.S. President Joe Biden’s proposed federal budget, released on Friday: Read More
When Archegos Capital Management recently stepped on a derivatives landmine, it may have set off an explosion that will have repercussions for advisory firms that manage wealthy families’ finances. In late March, Archegos defaulted on margin calls involving swaps transactions
LONDON — Saudi Arabia has signed Power Purchase Agreements for seven new solar power projects in various regions in the country that will power more than 600,000 households, state news agency SPA quoted Saudi Crown Prince Mohammed bin Salman as
An anonymous reader quotes a report from The Hill: The Environmental Protection Agency (EPA) is preparing to propose stricter emissions standards for vehicles by the end of July, EPA Administrator Michael Regan said Tuesday. Regan told Bloomberg News in an
West Virginia Attorney General Patrick Morrisey has threatened to sue the Securities and Exchange Commission if it doesn’t back off its effort to expand environmental, social and governance disclosures. Morrisey said that mandating ESG disclosures from companies that are not
Momentum and value are two distinct investment factors, and they’re rarely married under a single ETF umbrella. The First Trust Dorsey Wright Momentum & Value ETF (DVLU) is changing the conversation.
Banking-committee Republicans may have revived their call for the Federal Reserve to tap the brakes in regulating climate-change risk. But at least one Fed leader reminded investors Tuesday that the pursuit of climate-change preparedness, though “imperfect” right now, must move
Securities and Exchange Commission member Hester Peirce will soon have a new experience on the five-person panel. During her first three years, she was part of the Republican majority. Following the likely Senate confirmation of Gary Gensler as chair, Democrats
TORONTO — Canada’s main opposition Conservative Party members on Saturday voted down a proposal to recognize climate change as real, in a blow to the new party leader’s efforts to embrace environment-friendly policies ahead of a likely federal election this
Strengthening environmental social and governance disclosures will be a top priority for a Democratic-majority Securities and Exchange Commission, but Republican members are continuing to push back. In remarks Friday before a meeting of the SEC’s Asset Management Advisory Committee, Republican
An adviser to the top U.S. securities regulator said on Friday his subcommittee will likely recommend new disclosures about diversity from registered investment advisers and other steps to improve minority representation in finance. Read More
An adviser to the top U.S. securities regulator said on Friday his subcommittee will likely recommend new disclosures about diversity from registered investment advisers and other steps to improve minority representation in finance. Read More
The European Banking Authority (EBA) has published advice underlining the importance of the ‘green asset ratio’, supported by other KPIs, as a key means to understand how institutions are financing sustainable activities and meeting the Paris Agreement targets.
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