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MSCI's ESG segment faces growth challenges amid broader sustainable finance headwinds. Despite slowing revenue, the company remains committed to ESG, citing long-term opportunities in the evolving market landscape.
India allocates $300 million for flood mitigation and water conservation in seven major cities. The two-year project aims to expand water bodies and improve drainage systems to address urban flooding and water scarcity.
UK's July 2023 public sector borrowing reached £3. 101 billion, exceeding economists' forecasts. Increased social benefits and government wages contribute to the highest July borrowing since the pandemic.
A police raid targeting a Paraguayan lawmaker and his son in a drug smuggling investigation ended in a fatal shootout. The incident highlights the complex web of politics and organized crime in the country.
Britain plans to introduce legislation in 2025 to regulate ESG rating providers, aiming to enhance transparency and solidify its position as a leader in sustainable finance. This move aligns with global efforts to combat greenwashing.
U. S. imposes sanctions on Paraguayan tobacco company tied to former president Horacio Cartes, citing corruption concerns. Move underscores ongoing efforts to combat financial misconduct in the region.