Biggest China bank abandons $3 billion Zimbabwe coal plan
Industrial and Commercial Bank of China Ltd. told Go Clean ICBC that it won’t fund the 2,800-megawatt Sengwa coal project in northern Zimbabwe.
Today (2017 C.E. - 2025 C.E.)
130 countries agree to global minimum corporate tax rate
130 countries around the world — including, crucially, China and India — agreed on a 15% minimum corporate tax rate to combat tax dodging. Any profitable firm with revenues over $24 billion will be included from the start, with that number expected to decline to $12 billion in time.
Iran provides free education to thousands of illegal migrant kids
Based on figures provided by the Eduction Ministry, last school year, Iran offered free education to about 560,000 foreign students, the majority of them Afghans.
WHO declares China malaria-free after 70 years of efforts
China has become the 40th country to be declared malaria-free. It has not had an indigenous case for four years.
British Methodist Church allows same-sex marriage in ‘momentous’ vote
A vote to change the definition of marriage at the Methodist Conference on Wednesday overwhelmingly passed by 254 in favor with 46 against.
Mexico’s supreme court decriminalizes recreational use of cannabis
The decisive 8-3 ruling comes after advocates pushed for decriminalization as a means to reduce drug-fueled cartel violence in the country.
Walmart launching its own low-cost insulin to ‘revolutionize’ affordability for diabetics
The retailer claims its insulin options will save customers between 58% to 75% compared to branded products.
World’s biggest green hydrogen project announced for Kazakhstan
Germany’s Svevind has announced a colossal green hydrogen project that will place some 45 GW of wind and solar energy generation on the steppes of Kazakhstan to produce around 3 million tonnes of green hydrogen annually.
New Zealand to ban most single-use plastics by 2025
The new measure builds on the country’s 2019 decision to phase-out plastic bags and includes everything from disposable cutlery to ear buds and fruit labels, The Guardian reported.
Leading fashion brand Canada Goose goes fur-free
In a statement, Canada Goose has announced that it will be ending purchases of fur by the end of this year and will stop manufacturing fur products by the end of next year.