Financial Times (January 9)
“Unemployment in the eurozone fell back to a record low of 6.4 per cent in November, defying recent economic gloom after the number of jobless people fell almost 100,000 from a month earlier.” With the job market “proving more resilient than expected,” the ECB may worry more “about the timing of a potential cut in interest rates” as “rapid wage growth could keep price pressures elevated.”
Tags: 4%, Cut, ECB, Economic gloom, eurozone, Interest rates, Jobless, Market, November, Record, Resilient, Timing, Unemployment, Wage growth
Investment Week (August 11)
“Climate change mitigation is high on the global agenda, with escalating pressure on governments to take action to prevent a climate catastrophe.” In July, the European Commission “unveiled ambitious plans to deliver a 55% cut in greenhouse gas emissions by 2030 – relative to 1990 levels. The ‘Fit for 55’ package spans all sectors and could have a significant impact on high-emitting industries.” The plan could prove the “biggest investment story in decades.”
Tags: Catastrophe, Climate change, Cut, Emissions, European Commission, Fit for 55, GHG, Global agenda, Governments, Investment, Mitigation