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Auction session volumes hit rock bottom●Data of 54,000 wallet users leaked, CLARITY odds just 10%: Hodler’s Digest, Aug. 16●Launch of Northern Metropolis flats attracts strong interest from Hong Kong homebuyers●Dave Ramsey: “He Doesn’t Get to Sit on His Butt” – Warehouse Worker Faces Layoff After 26 Years With Company●How switching your bank account could earn you up to £220●Summer jobs bounce back in UK thanks to busy calendar of sport and music●AIIB warns climate inaction could downgrade a third of sovereign borrowers by 2050●Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?●Auction session volumes hit rock bottom●Data of 54,000 wallet users leaked, CLARITY odds just 10%: Hodler’s Digest, Aug. 16●Launch of Northern Metropolis flats attracts strong interest from Hong Kong homebuyers●Dave Ramsey: “He Doesn’t Get to Sit on His Butt” – Warehouse Worker Faces Layoff After 26 Years With Company●How switching your bank account could earn you up to £220●Summer jobs bounce back in UK thanks to busy calendar of sport and music●AIIB warns climate inaction could downgrade a third of sovereign borrowers by 2050●Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?●

Asia

AIIB warns climate inaction could downgrade a third of sovereign borrowers by 2050

Business - South China Morning Post · 1h ago · 🇨🇳 China

AIIB warns climate inaction could downgrade a third of sovereign borrowers by 2050

More than a third of Asian Infrastructure Investment Bank’s (AIIB) sovereign borrowers could face credit rating downgrades by 2050 if global climate policy fails to strengthen, the Beijing-based multilateral lender said in a report. Under a current policy scenario – in which existing climate rules remain unchanged and global temperature rises by around 2.9 degrees Celsius above pre-industrial levels – nearly 34 per cent of the bank’s sovereign portfolio would suffer downgrades, according to the...

Read the full story at Business - South China Morning Post →

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