In 2021, governments blew hot on 1.5°C goal, colder on climate action
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REUTERS KUALA LUMPUR — Around the world, 2021 was a year shaped by weather extremes. Germany and China saw devastating floods, while…
Pro-Beijing candidates sweep ‘patriots’-only Hong Kong vote amid low turnout
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REUTERS HONG KONG — Pro-Beijing candidates swept to victory in an overhauled “patriots”-only legislative election in Hong Kong that was deemed regressive…
Domestic violence against women ‘almost satanic,’ Pope Francis says
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ROME — Pope Francis has said that men who commit violence against women engage in something that is “almost satanic.” He made…
[B-SIDE Podcast] Spotting online fraud, stopping it in its tracks
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Follow us on Spotify BusinessWorld B-Side With the holiday season in full swing, there’s going to be a lot of opportunity for online…
‘Odette’ may dampen PHL recovery
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Typhoon Odette left a trail of destruction in Surigao del Norte, as seen in this photo taken by the Philippine Coast Guard…
Government urged to be transparent over funds in ‘Odette’ aftermath
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HOUSES were destroyed by Typhoon Rai (Odette) are seen in Surigao del Norte in this photo taken by the Philippine Coast Guard…
Coronavirus pandemic slams revenues of Philippines’ top 1000 firms
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Operations of many businesses were affected by the strict lockdown implemented to curb the coronavirus disease 2019 (COVID-19) outbreak last year. A…
Firms participating in an ACH told to manage liquidity risks
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A DRAFT circular from the central bank said financial institutions must manage the liquidity risks that could come from settlement activities. FINANCIAL…
ECB must follow peers with tough inflation message, Wunsch says
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THE European Central Bank (ECB) risks underestimating the threat posed by inflation and falling too far behind global peers in confronting soaring…
Colombia central bank raises rate to 3% on rising inflation
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BOGOTA — Colombia’s central bank board raised the benchmark interest rate by 50 basis points to 3% on Friday, as policymakers look…