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More needed: G7 nations agree to boost climate finance – Reuters

G7 leaders agreed on Sunday to raise their contributions to meet an overdue spending pledge of $100 billion a year by rich countries to help poorer countries cut carbon emissions and cope with global warming, but only two nations offered firm promises of more cash. Alongside plans billed as helping speed infrastructure funding in developing […]

G7 nations agree to boost climate finance, details missing – Reuters

G7 leaders agreed on Sunday to raise their contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with global warming, but campaigners said firm cash promises were missing. Alongside plans billed as helping speed infrastructure funding in developing countries and a shift to […]

Regulators Tell Banks It Is Time to Stop Using Libor – The Wall Street Journal

Regulators are ramping up efforts to end Libor trades by year-end. The Commodity Futures Trading Commission last week told brokers that facilitate derivatives trading among large banks that they should stop using Libor, or the London interbank offered rate, as a reference rate by July 26. The Tuesday announcement could accelerate the push to phase […]

Don’t let lifetime, financial milestones sneak up on you – The Seattle Times

For the first time since I was a little kid, “the half’ is about to be important again. “The half” is something children care about that adults typically ignore. It’s the six months of age that kids include when telling you they are, say, “six-and-a-half years old,” that grown-ups effectively discard the moment they reach […]