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January 17, 2023

EU should not legally define ‘greenwashing,’ fund groups say

European Union adopting a legal definition of "greenwashing" could be counterproductive, a fund group says, as there have been few sanctions for greenwashing.

January 17, 2023

Recession fears loom as WEF summit begins

As its annual conference at Davos began, a survey of economists by the World Economic Forum cast doubts on future global stability and warned of a recession.

January 17, 2023

Biden FDA warns judge against reversing abortion drug's approval

President Joe Biden's Food and Drug Administration called for a district judge to reject a request to revoke mifepristone's federal approval.

January 17, 2023

New York Fed survey finds household spending gains have moderated

Households appear to be cutting back from recent all-time highs on spending, according to results from a survey released Tuesday by the New York Federal Reserve.

January 17, 2023

NY manufacturing down significantly in January, Federal Reserve says

A study by the New York Federal Reserve showed that the state's manufacturing sector has shrunken significantly in the past month, with short-term prospects appearing bleak.

January 17, 2023

As China reopens, Davos optimistic about global economy

World Economic Forum speakers at Davos expressed optimism for short-term global economic growth in the wake of China's reopening following the easing of strict "zero COVID" measures.

January 17, 2023

In Yemen, cancer patients hardest hit by medical shortages

The National Oncology Center (NOC), a Yemeni cancer treatment hospital, has seen medicine shortages and a lack of incoming funds, placing a strain on its operations.

January 17, 2023

European Union reports lower-than-usual excess death rate

The European Union reported 6.7% more deaths than average in November 2022, down over 25% from the excess death rate reported in November 2021.

January 16, 2023

Davos conference speaker says climate change, malaria connected, as are inflation and TB

Peter Sands, executive director of the Global Fund to fight AIDS, Tuberculosis and Malaria, argued at Davos on Monday that malaria cases could be linked to climate change.

January 16, 2023

Russia's declining oil revenues could devalue ruble in 'vicious circle,' experts warn

Russia's attempts to address its budget deficit through the sale of foreign currency reserves may inadvertently devalue the ruble, according to some analysts.