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A joint report by multilateral development banks (MDBs) published today finds that MDB climate finance reached a new record high in 2022. The announcement comes as delegates meet in Marrakesh, Morocco, for the World Bank (WB) Group and International Monetary Fund Annual Meetings, where scaling up public climate finance, in particular for low and middle-income economies, is one of the items on top of the agenda. ....
“In another six months from now, 25 kms more will be added to the RAPIDX network. Stations at Muradnagar, Modinagar North, Modinagar South, and Meerut South will be ready for operations,” a senior government official told ET adding that this will mean border-to-border connectivity will be achieved between Delhi and Meerut using the RAPIDX service. ....
The headwinds to global economic growth, exacerbated by multiple and overlapping crises of recent years, and increasing geo-political tensions, threaten the achievement of the 2030 Sustainable Development Goals (SDGs). ....
Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official. ....
A major Wall Street bank is warning about the risk of inflation expectations becoming unanchored in a fashion similar to the 1970s stagflation era. ....