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In another blow to China’s economy, the credit ratings agency Moody’s said Tuesday that it had issued a negative outlook for the Chinese government’s financial health. Moody’s expressed concern at the potential cost to the national government of bailing out debt-burdened regional and local governments and state-owned businesses. Moody’s, which previously viewed China’s finances as …
Despite years of commitments from countries to slash the emissions of greenhouse gases that are warming the planet, they are still on the rise. Carbon dioxide released from burning fossil fuels is expected to rise by 1.1 percent in 2023 compared with 2022, scientists found in an extensive peer-reviewed analysis published this week. Researchers from …