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Germany’s transport minister has threatened to block a core part of the EU’s green agenda, saying Berlin would not support plans to effectively ban new cars with internal combustion engines from 2035 unless Brussels exempts vehicles running on synthetic fuels. Volker Wissing said the production of engines that use “climate-friendly” e-fuels, such as e-methane and
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While the toxic East Palestine, Ohio, train derailment doesn’t threaten bondholders, the wreck raises the specter of so-called “black swan” events and has the potential to influence credit analysis, ESG analysis and investing, risk disclosure, and how federal infrastructure funds are spent. Local, state and federal authorities remain on the scene overseeing frequent water and
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The Biden administration this week released revamped guidance on how state departments of transportation spend federal transportation infrastructure funds in the wake of a controversial memo that opponents said tried to limit state flexibility. The revised document from new Federal Highway Administration chief Shailen Bhatt, released Friday, emphasizes the authority that state departments of transportation
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The first anniversary of Russia’s assault on Ukraine has been greeted with soaring rhetoric. Notably, US president Joe Biden stated in Warsaw that “Our support for Ukraine will not waver, Nato will not be divided, and we will not tire. President Putin’s craven lust for land and power will fail. And the Ukrainian people’s love
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Electric-car maker Tesla will build a factory in the northern Mexican city of Monterrey, ending doubts over whether the investment could be cancelled over conditions imposed by the government. Mexico’s president Andrés Manuel López Obrador announced the new plant on Tuesday after conversations with Tesla chief executive Elon Musk, suggesting he had dropped earlier calls
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Cointelegraph’s Crypto Trading Secrets podcast has published Episode 6, covering an array of content that should pique the interest of cryptocurrency traders. This episode’s guest is Brian Krogsgard, also known as Ledgerstatus on Twitter. Krogsgard is a trader and one of the co-founders of Flip.xyz, a nonfungible token (NFT) platform. He is also a podcaster
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Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and private equity in particular – are the dominant players. Black developers often don’t have exposure to those
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Fritz Stradling, who co-founded Stradling Yocca Carlson & Rauth’s public finance practice, died peacefully in his sleep on Feb. 17. He was 96. He and his fellow co-founders of Stradling’s public finance practice, John Murphy and Tom Clark, are credited with helping to give California bond law firms stature in the public finance world. “Before
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Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field of blockchain technology and drive
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Maskot | Maskot | Getty Images The income and wealth gaps between people of color and white households are wide, but state-run retirement programs are attempting to help workers find parity. As many as 67% of private-industry workers had access to retirement plans in 2020, according to the U.S. Bureau of Labor Statistics. A significant
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Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th Downtime, Supporters Defend Project
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The UrbanDigs Market Pulse for the Brooklyn real estate market has dipped into buyer’s market territory for the first time since the pandemic recovery began. Typically, this means buyers have more choices and more leverage. To those looking to purchase in Brooklyn, this is welcome news and a long time coming, but, like many post-COVID
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