Climate justice: Rich nations dodge finance pledge
USA finance

Climate justice: Rich nations dodge finance pledge

A hundred billion dollars every year –- that’s the aid promised more than a decade ago to help developing nations curb their carbon pollution and adapt to devastating climate impacts. With a Democrat back in the White House, the US has doubled its aid and promises $11.4 billion per year by 2024, but it’s still not enough to close the gap.

FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings
USA finance

FM Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetings

As part of official visit to the US, she will also address investors including large pension funds and private equity players and will invite them to participate in India’s growth story. New Delhi: Finance Minister Nirmala Sitharaman has embarked on a week-long US trip to attend the annual meet of the World Bank and IMF […]

Crypto exchange FTX secures backing from venture capital and hedge funds
Cryptocurrency exchanges

Crypto exchange FTX secures backing from venture capital and hedge funds

The cryptocurrency exchange FTX has raised one of the largest rounds of financing for a digital assets start-up, in a signal of continued investor demand for the sector despite the recent drop in the price of bitcoin.FTX said it raised $900m from more than 60 investors including the venture capital firms Paradigm and Sequoia Capital…