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Big Banks could lose billions in the global energy transition

JP Morgan pledged to help clients align their business with Paris Agreement emission targets. HSBC announced up to a $1 trillion in green energy funding. An investor group worth $20 trillion in assets urged heavy emitters to clean up their act. Another group, worth $5 trillion, said it will set …

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Russia does not know what to do with their oil billions

“Russia can be criticized in many ways. However, one today no doubt, namely, that the country has learned from its negative experience, – the journalist writes the German newspaper Die Welt Eduard Steiner. – With iron financial discipline second country in the world in oil production prepares its state budget …

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The damage is estimated at billions of rubles

Investigative Committee is investigating a case of fraud with pension savings of millions of Russians The investigative Committee of Russia opened a criminal case on the fact of swindle with pension savings of citizens. The estimated damage is estimated in billions roubles, the newspaper “Kommersant” with reference to own sources. …

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Ukraine will lose tens of billions due to tax benefits

In particular, the government will lose 26 billion.The total amount of tax incentives will grow next year by 1.1 billion hryvnia – to 26.3 billion. This is stated in the accompanying materials to the state budget No. 7000. In the current fiscal year are expected losses of the consolidated budget …

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