At the recent COP summit in Azerbaijan, world leaders pledged $300 billion for climate finance in developing countries, a figure that falls short of the estimated $1.3 trillion needed annually for climate mitigation and adaptation, according to economists. Additionally, this $300 billion pledge could lose about 20% of its value by 2035 due to inflation – a critical oversight, a ...

No, I had not planned to write about Trump this week, but his remarks on Monday left me with little choice. Even before taking office, he’s already pointing fingers at the United States’ key external suppliers of goods. On Monday, Trump announced plans to impose a 25% tariff on all imports from Mexico and Canada, along with an additional 10% tariff on Chinese products, effect ...

India is a country of sharp contrasts. It has been over 30 years since we first visited the country, and with every visit, India continues to surprise us. Econopolis recently traveled to Mumbai and its surroundings to assess the situation on the ground. We spoke with around thirty companies, consultants, investors, policymakers, and local analysts, and we now take stock of the ...

Old glories don’t fade away easily, but they do lose their shine. Eastman Kodak is a perfect example of such a faded glory. Yet, in 2024, and particularly last week, the company proved itself a strong contender for our Fiery Flash segment. Since the start of the year, the company’s stock price has risen by 83%, with an additional 30% increase just last week. Before diving into ...

“Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.” Gordon Gekko, Wall Street (1987) As we approach the end of one of the best years ever for the S&P 500, both institutional and retail investors are feeling giddy. While institutional investors have directed record amounts of capital to US large-cap stocks, retail investors have continued to ...

The aim of the ECB’s biannual Financial Stability Review (FSR) is to raise awareness of systemic risks to financial stability in the Euro Area, with the ultimate goal of preserving financial stability. In its most recent report, the ECB expressed concerns about concentrated equity markets and the combination of weak economic growth prospects and fragile fiscal fundamentals. Fis ...

Shares of U.S. retailer Target plunged 22% last Wednesday after the company published its third-quarter results. Since the start of the year, the stock has declined 15%. From its peak in 2021, the stock has lost over half of its value. Target is an American retailer that opened its first store in 1962. Today, the company operates a chain of over 1,950 discount department stores ...

Last week, headlines focused on the rising costs of the Princess Elisabeth Island and the potential knock-on effects on electricity bills. While concerns are understandable, the debate often misses the nuances of how electricity costs are structured for different consumer groups. Understanding Electricity Bills: Roads, Highways, and Toll Booths An electricity bill in Belgium is ...

Walt Disney Co. surprised investors with a rare glimpse into its future, projecting robust earnings growth through 2027. On Thursday, shares surged 6% as the entertainment giant forecast a significant upswing in streaming profitability and overall per-share earnings, buoyed by new cruise ships, theme park expansions, and a recovering film division. This optimistic outlook comes ...

Over the past few years, Belgium has significantly reduced emissions within the electricity sector by expanding its solar and wind energy capacities. However, with these advances comes the well-known challenge of managing intermittent energy sources—power generated only when the sun shines or the wind blows. This intermittency has led to the emergence of the "Duck Curve," a gra ...