Ace Finance Desk – WASHINGTON, September 17, 2026 —The World Bank Group mobilized more private capital in fiscal year 2026 than in any year in its history and issued a record volume of guarantees, delivering on a goal shareholders and clients have pressed for years: putting more private capital to work alongside its own financing and […]
Tag: Economy
Ace Breaking News – Competition watchdog clears takeover despite concerns that suppliers will have less incentive to lower bills according to The Guardian Business News by Jillian Ambrose E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers Almost three-quarters of households in Great Britain are now served by just […]
Ace Breaking News – European countries are in “crisis talks” over the release of diesel stocks, as the US threatens them with a diesel export ban unless they release strategic reserves, according to the Financial Times by Ian Johnston, Henry Foy and Anne-Sylvaine Chassany, Financial Times The newspaper explains that US president Donald Trump is […]
GlobalWarming & ClimateChange News Desk – Burning forests, emptying rivers, €180bn in damage: Europe’s politicians face reckoning after ‘summer of truth’ according to Climate Crisis The Guardian News Report By Fiona Harvey Amid record-shattering heatwaves and popular demand for climate action, why are politicians often timid or in denial? It was, according to the European […]
Ace Business Desk – Africa’s richest man helps fund $660m fuel pipeline between Ethiopia and Djibouti according to BBC Africa News report: Published: 25 September 2026 Nigerian billionaire Aliko Dangote has announced that he is helping to fund a new $660m (£500m) fuel pipeline between Ethiopia and Djibouti The project will include a 120km- (75 […]
Ace Finance Desk – The world’s advanced economies including the UK and US need to cut borrowing and reduce debt levels following weeks of spiralling government interest costs, the head of the International Monetary Fund (IMF) has warned by Faisal Islam, Economics editor & Michael Race, Business reporter: Published: 23 September 2026, 00:01 BST In an exclusive interview, […]
