Bloomberg Business

Wildfires Are Only One of the Threats Ravaging Europe’s Forests

In the vast woodlands that surround the Bavarian city of Augsburg, Eva Ritter looks across piles upon piles of dead spruce trees with concern. Just days previously, they helped absorb some of the emissions that stoke climate change, but now they’re a sign of how difficult the crisis is to fight.

Mozambique Insurgents ‘Significantly Paralyzed,’ SADC Bloc Says

A southern African regional force said it has “significantly paralyzed terrorist activities” in northern Mozambique, where fighters linked to the Islamic State had prompted TotalEnergies SE to freeze work on a $20 billion natural gas project.

China’s Consumer Prices Creep Out of Deflation in August

China’s deflationary pressures eased slightly in August as consumer prices rose and producer price declines moderated, adding to signs that the worst may be over for some parts of the world’s second-biggest economy.

Russia Seeks China, Saudi to Head Off New Financial Curbs

Russia is preparing a diplomatic offensive with countries it considers sympathetic, including China and Saudi Arabia, to fend off a push by Ukraine and its allies to further isolate Moscow from the global financial system.

Musk’s X Sues to Block California Anti-Hate Speech Law

Elon Musk’s X Corp. sued California to undo the state’s law aimed at exposing sources of hate speech and disinformation by requiring social media companies to explain how they moderate their content.

Mexico Plans Biggest Budget Gap in 36 Years as AMLO Ends Term

Mexico’s government said the fiscal deficit will widen next year, the final of the administration of President Andres Manuel Lopez Obrador, as it expands support for Pemex and social programs ahead of general elections.

Close Bitnami banner
Bitnami