Countries

Firms manage $7.3tn in assets and could afford to transition away from fossil fuels yet invest in natural gas and coal-fired plants to power datacentersThe energy portfolios of 20 private equity firms produce 1.5bn tons of greenhouse gases a year, more than the annual emissions of any country except China, the US, India and Russia, according to a new report.Together, these firms manage $7.3tn in assets of all kinds, affording them the ability to shape the pace of the transition away from fossil fuels. However their energy investments include significant fossil fuel assets including natural gas and coal-fired power plants to provide electricity to datacenters. Continue reading...

Carmaker builds on relationship with British armed forces by seeking to cash in on Europe’s rearmament drive Business live – latest updatesJaguar Land Rover is in talks with Nato countries about selling them the newly revamped Defender military vehicle, as the UK-based carmaker seeks to tap into Europe’s defence spending boom.It is also among carmakers bidding for a UK defence ministry contract worth £900m to replace an ageing fleet of Land Rovers that have been out of production since 2016, competing with General Motors and the UK’s Ineos. Continue reading...

• Developing nations and emerging economies met for their annual BRICS summit in India to find common ground. • The alliance was established in 2009 to serve as a geopolitical counterpoint to Western influence. • Member countries are using the summit to coordinate strategies to counter the worldview of Donald Trump.

• Australia experienced a 4% decline in visitor numbers as travelers from Asian markets like Singapore and Indonesia shifted their preferences. • Rising costs have made Australia less competitive compared to other Asia-Pacific destinations. • Korean travelers are increasingly choosing Japan, Vietnam, Thailand, and Taiwan over Australia due to more affordable options.

• France, Germany, and seven other Schengen countries are reportedly receiving more time to fully implement the EU Entry/Exit System (EES) for border checks. • The group receiving the extension includes Belgium, the Netherlands, Greece, Malta, Portugal, Italy, and Switzerland. • This delay aims to address technical problems and long border queues that have complicated travel for passengers.

• Former President Donald Trump stated on September 9 that he intends to speak with countries that sanctioned settlements to understand their reasoning. • Otzma Yehudit filed a 39-page request alleging that two nonprofits linked to the Ra’am party, Aid 48 and Humanitarian Deeds, transferred millions of shekels to terrorist organizations. • These allegations put the Ra’am-affiliated nonprofits under legal scrutiny regarding the potential funding of banned groups.

OECD test sees results dip in almost all member nations and warns of ‘digital distractions’ eroding academic skills England’s teenagers are outperforming their peers in most countries in maths, reading and science, according to an international survey that warns of “digital distractions” eroding academic skills around the world.The Organisation for Economic Cooperation and Development (OECD) programme for international student assessment (Pisa), which last year tested 760,000 15-year-olds in 91 countries and regions, found that results dipped in almost all of its members compared with previous years, with the exception of England and a handful of others. Continue reading...