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G7 should end not just coal but also oil and gas finance in 2021

Any views expressed in this opinion piece are those of the author and not of Thomson Reuters Foundation.
Ahead of summit, more than 100 economists call on G7 countries to commit to shift their finance out of all fossil fuels this year, to enable a green pandemic recovery
On June 11-13, world leaders will gather at the G7 summit. There, they plan to adopt an agenda to
“build back better from coronavirus and create a greener, more prosperous future”. We, the undersigned economists, believe that this means decisively shifting finance out of fossil fuels, and into clean alternatives worldwide. We welcome the decision taken last month by G7 environment ministers to end international finance to coal-fired power in 2021. We call on G7 leaders to go further and shift their finance out of all fossil fuels in 2021. ....

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The Price of Gold Rises on Favorable Indicators

The Price of Gold Rises on Favorable Indicators
FinancialBuzz.com News Commentary
NEW YORK, April 9, 2021 /PRNewswire/ The gold price grew to cross the USD 1,750 an ounce mark on Thursday on several indicators that the yellow metal is once again in demand as a safe haven asset. According to a report by Kitco, after a pause in central bank gold buying last year, there are signs that demand for gold grows as Hungary tripled its gold reserves. Hungary s central bank increased its gold reserves to 94.5 metric tons from 31.5 tons, citing long-term national and economic policy strategy objectives. This marked one of the most significant central bank gold purchases in decades. Exploits Discovery Corp. (CSE: NFLD) (OTC: RNRRF), NovaGold Resources Inc. (NYSE: NG), McEwen Mining Inc. (NYSE: MUX), Equinox Gold Corp. (NYSE: EQX), Gold Fields Ltd. (NYSE: GFI) ....

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Gold Prices Regain a Foothold After Multiple Negative Sessions

Gold Prices Regain a Foothold After Multiple Negative Sessions
FinancialBuzz.com News Commentary
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NEW YORK, March 10, 2021 /PRNewswire/ Gold prices rebounded about 2% on Tuesday, surpassing the key price mark of USD 1,700 and posted their first gain in five sessions. The yellow metal s recovery is attributed to a fall in the dollar value and a pullback in yields for government debt from one-year highs. Given the metal s zero-yielding nature, falling yields may provide a tailwind for bulls to elevate prices higher, said Lukman Otunuga, Senior Research Analyst at FXTM, according to a report by CNBC. While gold is considered a hedge against potential inflation from massive economic stimulus measures, rising bond yields have challenged that status, which is why gold prices had been dropping prior to Tuesday. Exploits Discovery Corp. (CSE: NFLD) (OTCQB: RNRRF), Gold Fields Ltd. (NYSE: GFI), Great Panther Mining Limited (NYSE: ....

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Acuerdo Unión Europea-Mercosur: ganaderos y ONGs temen un giro del gobierno francés

Acuerdo Unión Europea-Mercosur: ganaderos y ONGs temen un giro del gobierno francés
elpais.com.uy - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elpais.com.uy Daily Mail and Mail on Sunday newspapers.

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Emmanuel Macron busca salvar el tratado comercial UE-Mercosur

Emmanuel Macron busca salvar el tratado comercial UE-Mercosur
rfi.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfi.fr Daily Mail and Mail on Sunday newspapers.

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