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08.07.25 - 14:06
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Risks from climate, pensions and bonds leave UK public finances ′vulnerable′ (The Guardian)
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Office for Budget Responsibility warns national debt on course to hit 270% of GDP by 2070 amid volatilityBusiness live – latest updatesThe UK's public finances are on an unsustainable long-term trajectory, given the growing costs of state pensions and the mounting climate emergency, the Office for Budget Responsibility has warned.Richard Hughes, who chairs the budget watchdog, said government debt would rise to 270% of GDP by 2070 – up from less than 100% today – if current policies were left unchanged. Continue reading......
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08.07.25 - 13:06
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EV Racing Struggles as Climate Action Falls on Priority List (Bloomberg)
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world. Today, Luz Ding looks at Formula E's fortunes in a climate of diminishing interest in sustainability and environmental awareness. Also, sign up for Bloomberg's Business of Sports newsletter for the context you need on the collision of power, money and sports....
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08.07.25 - 08:06
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A third of chip supply threatened by climate change by 2035: PwC (SCMP)
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Climate change could disrupt a third of the world's semiconductor supply by 2035, as severe drought threatens the mining of copper – a critical material used in chip production – according to a new report from PwC released on Tuesday.
The extraction of copper, essential for building the microscopic wires found on semiconductor circuits, requires substantial water resources. About 1,600 litres (423 gallons) of water were needed to obtain just 19kg of copper, the report said, citing data from the......
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08.07.25 - 00:12
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US Insurers Are Refusing To Cover Climate-Change Risk-Zones (ZeroHedge)
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US Insurers Are Refusing To Cover Climate-Change Risk-Zones
Authored by Felicity Bradstock via OilPrice.com,
U.S. insurers are rapidly pulling coverage from homes in high-risk climate zones, particularly in California, Florida, and North Carolina.
Millions of homeowners are facing nonrenewals, impacting their ability to secure mortgages and causing housing market instability.
Government and local efforts are underway to mitigate risks and persuade insurers to continue coverage, but significant gaps remain.
As countries worldwide experience more regular extreme weather events, insurers have become more reluctant to cover properties in high-risk areas. However, without insurance, it is impossible for many people to gain access to mortgage financing. We are seeing an insurance crisis in the United States, as insurers are becoming less likely to offer coverage for homes in certain areas, particularly those that have experienced natural disasters, such as flooding and wildfire, in rece...
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07.07.25 - 12:00
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Fonds der Woche: Der Mittelstands-Jäger setzt auf Value und ESG (Das Investment)
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Small Caps, Europa und Value – diese Kombination läuft 2025 gut. Der Peacock European Best Value ESG vereint alle drei Elemente und profitiert vom Aufholpotenzial kleinerer Titel.Small und Mid Caps, Europa und Value entwickeln sich in diesem Jahr bislang stark. Eine Kombination aus allen drei Bereichen plus ESG-Kriterien bietet der Peacock European Best Value ESG Fonds. Fondsmanager Marc Siebel gründete Peacock Capital 2012 nach mehr als zwölf Jahren im institutionellen Fondsmanagement. Bei Siebel stehen substanzwertorientierte Unternehmen aus dem europäischen Mittelstand im Fokus. Den ESG-Zusatz trägt der Artikel-8-Fonds seit 2021: Gesucht werden Firmen, die einen besonderen Beitrag zu den UN-Nachhaltigkeitszielen leisten. Im Mittelstand findet......
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