ROME (Reuters) – Italian Economy Minister Giancarlo Giorgetti on Monday called for a common European Union approach to support competitiveness and protect strategic production, in response to th[...]
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Environment
Tax credits for EU electric vehicles dominate U.S. trade talks
By Andrea Shalal and David Lawder COLLEGE PARK, Md. (Reuters) -The United States and the European Union on Monday cited progress addressing EU concerns about a U.S. climate law that would cut off the[...]
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BP doubles down on hydrogen as fuel of the future
By Ron Bousso LONDON (Reuters) – BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the[...]
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Explainer-Why the U.S. Inflation Reduction Act has Europe up in arms
By Leigh Thomas PARIS (Reuters) – Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington’s huge new green energy subsidy[...]
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Germany to set up climate protection contracts with industry in 2023 – minister
(Reuters) – Germany will set up so-called climate protection contracts with industrial companies next year to support a transition towards cleaner production and a switch to hydrogen, Economy Mi[...]
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Lawmaker says EU should complain to WTO over U.S. Inflation Reduction Act
(Reuters) – The European Union should file a complaint with the World Trade Organization (WTO) in the next few months regarding the United States’ green energy subsidy package, the head of[...]
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No plans to go back to Congress to change inflation act – White House
WASHINGTON (Reuters) – There are no plans to go back to Congress to push for changes to the Inflation Reduction Act, the White House said Friday, a day after President Joe Biden said it could be[...]
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World Bank chief says poorest countries owe $62 billion on bilateral debt
By David Lawder WASHINGTON (Reuters) -The world’s poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank[...]
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World Bank’s Malpass: Bill for rebuilding Ukraine rising, not detecting donor fatigue
NEW YORK (Reuters) – World Bank President David Malpass on Thursday said the expected cost for rebuilding Ukraine will go up “quite a bit” from the roughly $350 billion estimated ear[...]
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