(Reuters) -The Inter-American Development Bank is aiming to attract private capital to Latin America by helping turn a pool of up to $500 billion of regional local loans into investable global assets, the lender said on Tuesday. ReInvest+, a partnership between the IDB Group and Brazil’s presidency of the COP30, seeks to convert performing loans…
By Valerie Volcovici (Reuters) -President Donald Trump dismissed climate change as “the greatest con job” in the world during his address to the United Nations General Assembly on Tuesday, doubling down on his skepticism of global environmental initiatives and multilateral institutions. Scientists say climate change is real, mostly caused by humans, and getting worse. They…
By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -U.S. Senators Elizabeth Warren and Bernie Sanders on Monday blasted the nation’s top six lenders for easing regulations to enrich shareholders instead of boosting lending to businesses and households. Banks are making wealthy shareholders richer and increasing executive compensation at the expense of financial stability and…
Discover the cutting-edge companies fueling the next generation of national security. Modern defense isn’t just about tanks and missiles anymore. Today’s battlefield is digital, autonomous, and orbiting the Earth at 17,000 miles per hour. From AI-powered surveillance drones to next-gen satellite systems and cyber warfare tools, a new class of defense innovators is quietly reshaping…
Where Opportunity Hides in Plain Sight In today’s market, the spotlight tends to shine on mega-cap tech giants trading at sky-high valuations. But savvy investors know that some of the most exciting opportunities lie elsewhere—among lesser-known Nasdaq-listed companies still trading under $50. These stocks may lack the buzz of household names, but many are backed…
How Investors Are Positioning for the Multi-Trillion Dollar Clean Infrastructure Boom Why the Energy Transition Is the Defining Investment Opportunity of the Decade The global economy is undergoing a historic shift driven by climate commitments, technological advancement, and infrastructure overhaul. As the world moves toward net-zero emissions targets, public and private capital is flowing into…
By Lisa Baertlein, Karl Plume and Timothy Gardner LOS ANGELES/CARLSBAD, Calififornia (Reuters) -President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad….
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The U.S. State Department on Wednesday denied that data collected in a government-funded program that helps track thousands of abducted Ukrainian children had been deleted, but acknowledged that the effort had been terminated as part of Washington’s sweeping freeze on almost all foreign aid. In a…
By David Shepardson WASHINGTON (Reuters) – Amtrak CEO Stephen Gardner said Wednesday he will step down immediately after more than four years as head of the U.S. passenger railroad, citing concerns about maintaining the carrier’s support from President Donald Trump’s administration. “I am stepping down as CEO to ensure that Amtrak continues to enjoy the…
By Alexandra Valencia QUITO (Reuters) – Ecuador’s security forces will “very soon” receive advice from Erik Prince, the private security executive, on fighting criminal gangs that are attempting to increase violence ahead of an April presidential runoff vote, Interior Minister John Reimberg said. President Daniel Noboa, who is locked in a tight contest with his…
