Tag - development

 
 

DEVELOPMENT

Japanese civil engineering group Infroneer said it would buy Japan Wind Development from Bain Capital for about $1.4 billion.
BUSINESS / Companies
Dec 12, 2023
Japan's Infroneer to buy Japan Wind Development from Bain Capital
The $1.4 billion acquisition will expand the Japanese civil engineering group's renewable energy business.
What’s worrying from the stock market’s perspective is that the Reserve Bank of India is taking more direct steps to rein in debt-fueled consumption.
COMMENTARY / World
Dec 7, 2023
The world’s most-loved emerging market is feeling jittery
India's economic prosperity is primarily being attributed to a small elite class referred to as the "Octopus class."
A man talks on the phone during COP28 in Dubai on Monday.
BUSINESS
Dec 4, 2023
Japan, France back plan to boost climate lending with IMF reserves
Multilateral development banks say they can bolster climate finance in developing markets by leveraging the IMF's Special Drawing Rights.
U.S. Vice President Kamala Harris, speaks at a high-level segment at the COP28 climate conference in Dubai on Saturday.
WORLD / Politics
Dec 3, 2023
U.S. lays out plan at COP28 to slash methane emissions from oil and gas
The rules, two years in the making, were announced by U.S. officials at the United Nations COP28 climate change conference in Dubai.
A man walks past national flags of participating countries at the venue of the COP28 climate summit in Dubai on Thursday.
ENVIRONMENT / Climate change
Dec 1, 2023
Early pledges on 'loss and damage' fund build shaky trust at COP28
More pledges are expected to be made to the new fund during the two-week COP28.
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. and president of COP28, speaks on the opening day of the U.N. climate conference in Dubai on Thursday.
ENVIRONMENT / Climate change
Dec 1, 2023
COP28 opens with 'historic' launch of loss and damage fund
More monetary pledges are expected in the coming days
Indian Prime Minister Narendra Modi greets leaders of the Group of 20 countries in New Delhi on Sept. 9.
COMMENTARY / World
Nov 30, 2023
India’s G20 presidency is marked by a dawn of new multilateralism
From empowerment to climate change action, India ends an impactful year as the G20 president.
A wind farm near near Golmud, Qinghai province, China
COMMENTARY / World
Nov 29, 2023
The promise of China’s sustainable-development path
As of this month, China has (since 2017) approved 572 “ecological civilization construction demonstration zones.”
India's exports represent about 40% of rice's global trade. New Delhi has banned or taxed rice and wheat exports to counter domestic food inflation.
COMMENTARY / World
Nov 14, 2023
India pushes the world toward another rice crisis
Spooked by volatile foodgrain prices ahead of a general election next year, India’s government has banned or taxed rice and wheat exports.
Shipping containers near the train station near the China–Laos border in Boten, Laos, on June 29. The Global Times, a newspaper backed by the China’s Communist Party, said the railway “connects hearts” and promotes development.
BUSINESS / Economy
Nov 7, 2023
China revamps lending to Global South as U.S. narrows spending gap
Beijing is moving away from the big bilateral deals in favor of collaborative lending that reduces its exposure to financial risk, a new report says.
Demonstrators hold banners in front of the TotalEnergies headquarter building at La Defense in Courbevoie, France, on Nov. 3, ahead of the international climate conference COP28 in Dubai later this month.
WORLD
Nov 7, 2023
Impasse broken on climate fund before COP28 but tough road ahead
Both developing and developed countries said they had made major concessions to avoid a failure that would have soured U.N. climate talks.
A road is flooded in Mehar, Pakistan, in August 2022.
WORLD
Nov 5, 2023
Climate negotiators reach framework to aid vulnerable countries
Delegates meeting in Abu Dhabi agreed late Saturday that the World Bank will host a new Loss and Damage Fund on an interim basis for four years.
A member of the Chinese military holds a microphone emblazoned with the symbol of the Beijing Xiangshan Forum in Beijing on Sunday.
ASIA PACIFIC / Politics
Oct 29, 2023
China kick-starts Xiangshan Forum in absence of defense minister
China's biggest annual show of military diplomacy started Sunday, as Beijing looks to draw developing countries closer in its rivalry with the U.S.
Climate activists demand that the World Bank stop fossil fuel financing on the first day of the annual meeting of the International Monetary Fund and the World Bank in Marrakech, Morocco, on Oct. 9.
COMMENTARY / World
Oct 27, 2023
Telling countries not to be poor is bad climate advice
As developing nations bear the brunt of the costs of climate change; the world's richer states need to pay up.
Delegates arrive for the opening ceremony of the Belt and Road Forum to mark the initiatives 10th anniversary in Beijing on Wednesday.
EDITORIALS
Oct 20, 2023
China aims to remake the world with its Belt and Road initiative
Infrastructure is key to the success of the developing world and the failure to help emerging economies meet this vital need will rightly tar the West.
Chinese President Xi Jinping during the opening ceremony of the Belt and Road Forum in Beijing on Wednesday
ASIA PACIFIC / Politics
Oct 20, 2023
Europe’s snub turns Xi’s Belt and Road into Global South party
The Chinese leader appears to have reformed the initiative as a club for emerging economies known as the Global South.
Chinese President Xi Jinping exits the podium after giving his speech during the opening ceremony of the third Belt and Road Forum for International Cooperation in Beijing on Wednesday.
COMMENTARY / World
Oct 19, 2023
Belt and Road anniversary prompts reflection on China's global ambitions
Countries like the U.S., Japan, India, and Canada should participate in the BRI's infrastructure projects to influence the initiative's evolution.
Commuters ride on rickshaws on a flooded road after heavy rains in Dhaka in September.
ENVIRONMENT / ANALYSIS
Oct 19, 2023
Can pre-disaster cash and aid help fix climate loss and damage?
Anticipatory action can help avert the worst effects of climate-related disasters.
Suchart Kaewkhio, 75, is bedridden in his home in the Klong Toey slum in Bangkok. Thailand is one of the world's fastest graying societies, but the kingdom's economy, households, government coffers and rapidly shrinking workforce are ill-prepared.
ASIA PACIFIC / Society
Oct 17, 2023
Old and poor: Thailand sleepwalking toward an aging crisis
Thailand is one of the world's fastest aging societies — but its economy is ill-prepared.
Kenyan schoolchildren use computers in Nairobi on May 6.
WORLD / Society
Sep 28, 2023
Girls avoiding internet due to abuse and bias, report warns
A survey of more than 10,000 teens and their parents found that girls are constantly being told they are vulnerable and not competent online.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.