The Keystone pipeline has been shut down after a 14,000-barrel oil spill in Kansas

(Reuters) – Canada’s TC Energy shut down its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a creek in Kansas, making it one of the largest crude oil spills in the United States in nearly a decade. The cause of the leak, which occurred in Kansas about … Read more

The European Union has approved a law banning the import of goods linked to deforestation

BRUSSELS/SAO PAULO (Reuters) – The European Union on Tuesday approved a new law to prevent companies from selling coffee, beef, soybeans and other commodities linked to worldwide deforestation on EU markets. The law would require companies to issue a due diligence statement showing their supply chains are not contributing to forest destruction before selling goods … Read more

US job growth strong in November; Rising wages

Nonfarm payrolls increased 263,000 in November Unemployment rate stable at 3.7%; Participation rate drops average hourly earnings up 0.6%; 5.1% increase year-on-year WASHINGTON (Reuters) – U.S. employers hired more workers than expected in November and increased wages despite growing recession fears, but that probably won’t stop the Federal Reserve from slowing the pace of interest … Read more

New York Fed: Bank liquidity may be tighter than expected, with policy implications

Nov. 18 (Reuters) – The way the banking system manages its cash suggests that the financial system may not be as fluid as many now understand it, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Reserve Bank said. New York Fed on … Read more

Analysis: Money Before Climate. The downturn in the market spurred the emigration of the ESG Fund

NEW YORK/BOOSTON, Nov. 11 (Reuters) – ESG funds have been hit by unprecedented outflows in a market downturn, as investors prioritize preserving capital over goals such as tackling climate change. The ESG, a rating applied to financing assets currently valued at $6.5 trillion, is being tested by a drop in market values ​​fueled by concerns … Read more

COP27: Polluters must pay for climate change, poor countries say to the rich

Island nations demand global carbon tax “While they win, the planet is burning” Fears grow over hunger striker imprisoned in Egypt SHARM EL-SHEIKH, Egypt (Reuters) – Leaders of poor countries criticized rich governments and oil companies for causing global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that … Read more