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Market Talk – March 8, 2021 | Armstrong Economics

Spread the love ASIA: China will invest more in coal to power its economy over the next five years, according to a government plan released Friday (Mar 5) that only modestly increased renewable ambitions. Environmentalists had been hoping China’s five-year national development plan, unveiled at its annual parliamentary session would give a roadmap for its goal of carbon neutrality by 2060. The blueprint sets a target of generating just 20 percent of energy from non-fossil fuels by 2025, up from 15.9 percent in 2020. India’s central bank, the Reserve Bank of India (RBI), announced last week that the central bank plans to launch its own digital currency and the work with respect to the same is in progress. India’s central bank governor Shaktikanta Das said that the move comes after there have been “major concerns” about cryptocurrencies, flagging potential risks caused by cryptocurrencies to financial stability. Das also said that he had communicated his concerns to the go

British ports say they are not ready for Brexit customs checks

British ports say they are not ready for Brexit customs checks
theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.

One of biggest drug seizures ever as 2 3 tonnes of cocaine found in banana shipment to Portsmouth | Meridian

play-icon WATCH: The moment firearms officers made the arrests following the seizure of drugs in Portsmouth Cocaine worth up to £184 million has been seized after it arrived in Portsmouth from Colombia in a consignment of bananas. The National Crime Agency (NCA) said the seizure of around 2.3 tonnes of the Class A drug is believed to be one of the largest ever in the UK. Credit: PA Ten men, aged between 21 and 56, were arrested following an armed raid at an industrial estate in Tottenham, north London, on Thursday after the delivery of 41 pallets. Dramatic footage shows firearms officers, wearing helmets and gas masks, smash down the door before raiding the building, which contains stacked boxes of bananas.

Police seize 2 3 tonnes of cocaine hidden in BANANAS in biggest ever UK haul

Armed officers, some wearing gas masks, from the Met Police and NCA laid in wait and then moved in to arrest five men who arrived to collect the load. Five other men were arrested at another industrial estate in Enfield as part of the operation. Three of the ten, aged from 21 to 56, have been charged with importation of class A drugs. John Coles, Head of Specialist Operations at the NCA, said: “The numbers here speak for themselves; this is a massive seizure which has denied organised criminals hundreds of millions in profits, and is the result of a targeted investigation conducted jointly by the NCA and Met Police.

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