Page 99 - Eco News Today

U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the federal debt limit, with the odds quite low that the government will collect enough revenue to bridge to June 15, when more tax receipts are due.

New Delhi, May 20: In recent years, sustainability has become an increasingly important issue in the fashion industry. Consumers are now more aware of the environmental impact of their purchasing decisions and are seeking out eco-friendly options. One such option that has gained popularity in the fashion world is dry flower jewellery.

Members of the Group of Seven rich nations will ensure big investments in China continue even as they pare risky exposure to the world's second-largest economy, Germany Chancellor Olaf Scholz said on Sunday.

Investors also will keep the U.S. debt-ceiling talks in focus.

Deposits at all U.S. commercial banks slipped last week and overall credit provided by banks edged lower as well, Federal Reserve data released on Friday showed.

Leaders of the Group of Seven (G7) agreed on Saturday to establish an initiative to counter economic "coercion", pledging to take steps to ensure that any actors attempting to "weaponise" economic dependence would fail and face consequences.

Bank of Canada Governor Tiff Macklem reiterated on Friday it is far too early to be thinking about interest rate cuts, adding that he expects the consumer price index to decline to around 3% this summer and back to the bank's 2% inflation target around the end of 2024.

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023.

Poland called on China to exert pressure on Russia to end its war in Ukraine during a meeting between two top officials in Warsaw, the Polish foreign ministry said on Friday.

As Ukraine's Volodymyr Zelenskiy touched down in the Japanese city of Hiroshima on Saturday, cameras zoomed in on the plane: a French government-labelled military aircraft.