Countries at COP29 urged to invest trillions to cope with climate change
Report urges $6.5 trillion annual investment in climate action by 2030 to meet targets and avoid future costs.
Countries need to invest more than $6 trillion per year by 2030 to tackle the effects of climate change or risk having to pay more in the future,
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Read MoreHow South-East Asia can weather the Trump trade typhoon
In 1833 Edmund Roberts, President Andrew Jackson’s envoy, signed with the Kingdom of Siam in Bangkok a treaty of “amity and commerce”. It was America’s first in Asia, promising “commercial intercourse…as long as Heaven and Earth shall endure”. Nearly two centuries later, Thailand still feels the amity,
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Read MoreWhat the new ‘pension megafunds’ plan by Rachel Reeves means for YOUR retirement
THE government is set to announce huge plans to create “pension megafunds” in a bid to boost both savers’ retirement pots and investment in the UK.
Chancellor Rachel Reeves will outline the plans to move around £800billion of pension savings into larger so-called “megafunds” in her first annual “Mansion House” speech this evening.
Read MoreTop Cryptocurrency Innovations to Watch: Coins Transforming the Future
DexBoss is a new cryptocurrency project aiming to make decentralized finance (DeFi) easy for everyone. Its native token, $DEBO, is currently in presale at $0.01 per token, with plans to list at $0.15. This means early investors could see a 15-fold increase in value.
A standout feature of DexBoss is its buy-back and burn system.
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Read MoreWall Street is laser-focused on Nvidia's new Blackwell chip as the AI titan heads into 3rd-quarter earnings
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- Nvidia will report third-quarter earnings after the market close on Wednesday.
- Wall Street’s main focus is customer demand for Nvidia’s Blackwell GPU chip.
- Analysts are mostly bullish and expect strong demand for Nvidia’s GPUs and significant revenue growth.
The Burst
1 Stock Paying a Massive 6.8% Yield
Many economists, including Nobel Prize-winner Paul Krugman, have pointed out that the stock market only represents a small area of the economy. The market can thrive even while people struggle with financial uncertainty, political strife, and worldwide illness.
Regardless of what economists say, it seemed strange to many that the market could reach new heights while so many consumers struggle.
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Read MoreThe Ivy
Alert: SELL Now, Ask Questions Later
Investment Alert: Sell Coinbase (COIN)
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Taking on the government is a risky proposition at the best of times.
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