Page 46 - Die Zeit News Today

* Kenya aims to become global carbon credits market leader * Govt says communities must benefit from offset projects * Some local projects criticised over methodology and claims By Chloe Farand KASIGAU, Kenya, March 30 (Thomson Reuters Foundation) - F or years, Kenyan farmer John Tembo made extra cash to buy food and pay his seven children's school fees by cutting down trees in the dryland forest near his village and then selling the charcoal he produced. But since a carbon credit projec...

An independent governance body has released a set of rules aimed at boosting the “integrity” of the global carbon market for the exchange of credits meant to address the climate impacts of companies and individuals. “It’s clear we are not acting fast enough to address the climate crisis,” Annette Nazareth, chair of the Integrity Council […]

FRANKFURT (Reuters) - European Central Bank interest rates will likely have to rise further to contain inflation, policymakers said on Wednesday, but at least one outspoken conservative floated the idea of a slowdown in the pace of increases. | 05:42am

The European Central Bank's Chief Economist Philip Lane, in an interview with German newspaper Die Zeit, emphasized the necessity for further interest rate hikes to ensure that inflation returns to the 2% target. Lane stated, "Under our baseline scenario, in order to make sure inflation comes down to 2%, more hikes will be needed."

The chief economist said the eurozone is currently in its "most intense phase" of inflation

No Morals, No Qualms, No Borders: From an Office Building in Israel, Experts in Technological Manipulation Are Attacking Democracies, Media and Elections Across the World

ECB chief economist Philip Lane said that his baseline is for the financial market turmoil to dissipate and then rates would need to rise several times

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Euro is trading mildly higher today following indications from a key ECB official that more interest rate hikes are in the pipeline for the central bank. Concurrently, the improving market sentiment across Europe is lending support to both Sterling and the Swiss Franc. However, Canadian Dollar emerges as the strongest for the day, fueled by robust oil prices.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero