Thursday, October 8

Author: Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.
Prince Charles Calls for ‘Vast Military-Style’ Effort on Climate
2Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Prince Charles Calls for ‘Vast Military-Style’ Effort on Climate

November 2, 2021--In his speech to COP26 on Monday, Prince Charles to harness trillions of dollars in private capital to finance a transition to a green economy. https://youtu.be/9voeQ32BqS8 Please visit our affiliate marketing partner and accept cookies. Plant a Tree supports animals and the planet with its work. His remarks are as follows: "Ladies and gentlemen, the COVID19 pandemic has shown us just how devastating a global cross-border threat can be. Climate change and biodiversity loss are no different.In fact, they pose and even greater existential threat to the extent that we have to put ourselves on what might be called a warlike footing. Having had myself the opportunity of consulting many of you over these past 18 months, I know you all carry a heavy burden on yo...
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Let’s Talk About Defining ESG –Literally
2Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Analysis

Let’s Talk About Defining ESG –Literally

Photo by Mohr Media As Investors Take Interest In Corporate Policies, Governments Look To Harmonize ESG Disclosure November 2, 2021—As employees, consumers and investors demand greater transparency about corporate practices,  there's increasing interest in defining standards for environmental, social and governance (ESG) disclosure. While the concept of ESG has been around for years, leaders in the both public and private sectors are taking a greater interest in refining the definition. Furthermore, as world leaders try to harness the power of the private sector to reach net-zero goals to stem the warming of the climate, ESG becomes even more useful. "Financial markets play a significant role in shifting capital to a sustainable future," Securities and Exchange Commission...
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Boris Johnson: World Leaders ‘Must Live Up To Financing Promises’
1Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Boris Johnson: World Leaders ‘Must Live Up To Financing Promises’

November 1, 2021--The COP26 climate conference kicked off today with speeches from many of the world's leaders. United Kingdom Prime Minister Boris Johnson welcomed leaders to the conference, held this year in Glasgow, Scotland. "When it comes tackling climate change words, blah blah blah, without action, without deeds are absolutely pointless. And our record on deeds is not exactly stellar," Johnson said. He went on to say that world leaders failed to deliver on promises they made to raise $100 billion a year to finance climate action by 2020. "There was absolutely no wiggle room in that. That deadline has come and gone. And we've collectively flunked it." Pointing to countries most in danger of climate change effects, Johnson added, "We need to think about them and take action now ...
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Visit Our Advertising Page
1Nov By Patti MohrNo Comments
Types of News: Brief

Visit Our Advertising Page

A Message from the Global Economic Report's Founder, Patti Mohr: Finding the right business path to pursuing journalism and supporting writers is a tricky business. You have to find a path that does not affect the pursuit of truth. One potential route is to display ads from companies and nonprofits via affiliate marketing. But, alas, that is tricky too. First, people who visit your website have to click on those ads while accepting those companies' cookies. And, wait a second, that won't work unless they're using Google Chrome. And next they have to make a purchase. If all goes well -- and that includes all the technical glitches that could go wrong along the way -- then you might earn a small commission. So, there are a lot of "ifs" in all of that. For many website creators and ...
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Inflation Issues ‘Fade Away,’ ECB Says
28Oct By Patti MohrNo Comments
Europe, EU, Eurozone, and United Kingdom, Finance, Currency, Debt, National Budgets & Interest Rates, Global Economics, Types of News: Brief

Inflation Issues ‘Fade Away,’ ECB Says

European Central Bank Keeps Stimulus Policy Despite Rising Prices October 28, 2021--The European Central Bank decided to keep its emergency purchase program in place, even though the economy is recovering and prices are rising. The decision lets the central bank continue its policy of purchasing financial assets and keeps interest rates in negative territory. That is in spite of an inflation rate of 3.4 percent, which is higher than the target of 2 percent. The Euro's short-term interest rate hovers below zero at -0.573 percent. Meanwhile, the 10-year government bond is also in negative territory at -0.16 percent. The EBC dismissed rising inflation, saying, "This is mainly because oil, gas and electricity prices have gone up a lot and demand is rising faster than supply. But we ex...
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Setting Standards For Global Infrastructure Projects
27Oct By Patti MohrNo Comments
Global Economics, Types of News: Brief

Setting Standards For Global Infrastructure Projects

October 26, 2021—The U.S. State Department, along with the governments of Japan, Australia, and the OECD, are developing criteria and standards for evaluating global infrastructure projects. The Blue Dot Network, as it is known, is a voluntary reporting program meant to encourage private-sector financing in infrastructure projects that align with Paris Agreement climate goals. "Think of it as a Good-Housekeeping certificate," said Jose W. Fernandez, a State Department head of the Economic Growth, Energy, and the Environment branch. "It's designed to enable investors to more easily identify and certify investment-worthy projects."  A Globally Recognized Symbol Fernandez said a goal of the certification is to attract financers into worthwhile projects. He spoke with Stuart H...
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As Regional Power Balances Shift, Warnings Come From Kashmir
26Oct By Patti MohrNo Comments
Geopolitics, Types of News: Analysis

As Regional Power Balances Shift, Warnings Come From Kashmir

India-Pakistan Relations Could Spark Wider Conflict October 26, 2021—With the regional balance of power shifting in Central Asia, India is the odd man out in both economic and strategic ways. Perhaps to counteract the balance shift, the United States appears to be strengthening with India. But it's not clear how much weight that will carry in the tricky landscape of Central Asia. For one, China and Pakistan are strengthening their economic relationship. China is investing billions of dollars into Pakistan through the Economic Corridor Initiative. (See GER's previous reporting.) Furthermore, leaders from both countries are building ties with the new Taliban-led Afghan government. Meanwhile, China and India are at odds over disputed territory in the Himalayas. As the Rand Corporati...
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Competition With China Surpasses US-Soviet Cold War Rivalry, CIA Director Says
21Oct By Patti MohrNo Comments
Types of News: Videos

Competition With China Surpasses US-Soviet Cold War Rivalry, CIA Director Says

October 21, 2021—Unlike the competition with the Soviet Union during the Cold War, the U.S. competition with China today "spans virtually every domain there is," CIA Director William Burns said on Wednesday. It is not just in a military sphere where the two largest economies compete, it is in the technological, social and political spaces as well. And as that competition mounts, the agency is preparing to track it with a division devoted to China. Burns spoke with students and faculty at an in-person event held by Stanford University's Freeman Spogli Institute for International Studies. The center also streamed the event. A Multi-Power World The challenge of gathering intelligence today, Burns said, is that now "power is diffuse" with non-state actors like technology companies and...
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U.S. Skips Moscow’s Meeting On Afghanistan
21Oct By Patti MohrNo Comments
Diplomacy and International Law, Foreign Aid, International Development

U.S. Skips Moscow’s Meeting On Afghanistan

Russian-Led Troika-Plus Included Nine Central Asian Countries October 21, 2021—Russian Foreign Minister Sergey Lavrov held an expanded Troika meeting in Moscow yesterday on the future of Afghanistan. It included representatives from the Taliban as well as Russia, China, Pakistan, Iran, India, Kazakhstan, Kyrgyzstan, Turkmenistan, and Uzbekistan. Notably absent were diplomats from the United States, who took part in intra-Afghan Troika meetings in Qatar prior to the Taliban-takeover of the country. This content is supported by affiliate marketing. The GER chooses our partners carefully. Please consider purchasing products from Rumi Spice. The company empowers people by teaching them to raise and harvest crops in Afghanistan. To support our work, please make sure your browser enabl...
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