Bankers bet billions on new wave of debt-for-nature deals

More countries linking debt cost to conservation goals Seychelles, Belize, Barbados among those to strike deals Ecuador swap could be biggest yet at $800 million Cape Verde, Sri Lanka and others are also exploring deals SHARM EL-SHEIKH, Egypt, Nov 17 (Reuters) – The Galapagos Islands, whose thousands of unique species inspired Darwin’s theory of evolution, … Read more

OPEC+ oil output cut shows widening rift between Biden and Saudi royals

WASHINGTON/LONDON, Oct 8 (Reuters) – The OPEC+ organization’s decision this week to cut oil production despite stiff US opposition has further strained already tense relations between President Joe Biden’s White House and Saudi Arabia’s royal family, once one of Washington’s staunchest Middle East allies , according to interviews with about a dozen government officials and … Read more

What are Vladimir Putin’s options after Russian military setback in Ukraine?

Putin is under pressure from Russian nationalists They want mass mobilization, harsher tactics Few quick fix options for Russian leaders however Many of them carry domestic, geopolitical risks Putin has so far been silent on military setbacks LONDON, Sept 13 (Reuters) – Russian President Vladimir Putin has yet to publicly comment on a lightning rout … Read more