Gold bulls can thank the jewellery business, Asian hoarders and central banks for the steady price consolidation between $1740 and $1830 an ounce. The price jumped to the peak of the range in recent weeks partly because hedge funds were … Read the rest
Renewable energy developments reach record high in 2021: IEA
THE world’s renewable electricity capacity is expected to rise to more than 4,800 gigawatts (GW) by 2026, a jump of over 60 per cent compared with the levels in 2020.
According to a new report released by the International Energy … Read the rest
BIS fears green ESG asset bubble could burst
THE Bank for International Settlements (BIS) is nervous about a “bubble” in funds that specialise in environment social and governance (ESG) stocks and bonds.
It also warned that emerging market economies are vulnerable to bottleneck inflation and the slowdown in … Read the rest
At last farmers get a better price for their coffee
Coffee prices have doubled in the past twelve months mainly because of acute shortages over a lengthy period. Depressed prices forced many coffee farmers out of the trade.
In the 1970s and 1980s International Coffee Agreements between producing and consuming … Read the rest