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USA
A Fight Over Rooftop Solar Threatens California’s Climate Goals
Utility regulators have proposed slashing the incentives homeowners receive to install solar panels, a long-sought goal of utilities and labor unions.
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Brasile
Market reduces projection for Brazilian GDP in 2023 from 1.75% to 1.69% -Focus report
RIO DE JANEIRO, BRAZIL - The median of the market projections for the growth of the Brazilian economy in 2022 remained at 0.29% in the Focus Report of the Central Bank (BC), released this Monday (24), with estimates collected until the end of last week. For 2023, however, the midpoint ...
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Brasile Russia
Jair Bolsonaro travels to Russia: why is Brazil’s President focusing on an alliance with Vladimir Putin?
RIO DE JANEIRO, BRAZIL – In November 2004, Russian President Vladimir Putin made the first visit by a Russian head of state to Brazil. At the time, he highlighted the strategic relevance of the South American giant and after the U.S. second-largest economy of the Americas for Russian foreign policy, ...
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Brasile USA
Startup investments in Brazil may generate US$29 billion in 2022
RIO DE JANEIRO, BRAZIL - Despite the impacts of the pandemic, startups had an exciting last year, marked by 10 companies reaching a valuation of US$1 billion - the new unicorns - and breaking records in venture investments. Brazil registered some US$10 billion in funding. And 2022 is heading for ...
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Brasile
Brazil: After skyrocketing prices, rice sales stall; lead to surplus stock
RIO DE JANEIRO, BRAZIL - After a leap in sales in Brazil, exports and in prices in 2020, rice, the great "villain" of inflation that year, is now experiencing a very different situation. In 2021, high prices were met by a population with shrinking incomes, while foreign buyers reduced their ...
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USA
GS E&C becomes first to export green hydrogen plant modules
GS Engineering and Construction said Monday it has signed a memorandum of understanding with California-based SG H2 to supply modules that will be used to construct green hydrogen plants. The renewables project, led by SG H2 Energy’s special
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Nigeria
Clearing Agents Kick Against N4.1bn Revenue Target, Customs Modernisation
Clearing agents operating at the nation’s seaports have described the N4.1trillion revenue target set for the Nigeria Customs Service (NCS) as outrageous, saying, the pressure to meet such target will either reduce or threaten investments by the organised private sector. This was even as the group urged the federal government ...
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Nigeria
More Credit To Smallholder Farmers Key To Boosting Nigeria’s Food Security – Analysts
With Nigeria’s population set to reach 400 million by 2050, unlocking credit for the country’s small holder farmers currently contributing almost 30 per cent of Nigeria’s Gross Domestic Product (GDP) is the game-changer set to ensure Nigeria’s future food security. Analysts at Coronation Merchant Bank, in their monthly economic note ...
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USA
Ogun Faults Conditions For Accessing Counterpart Project Funding
The Ogun State government at the weekend urged the Federal Ministry of Finance to deemphasize conditions, mandating participating states to provide a certain percentage of the project counterpart fund before they can access grants from the international donor agencies. The state commissioner for Finance and Chief Economic Adviser, Mr. Dapo ...
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Nigeria
Federal Govt To Commission Kano Data Centre In June
Minister of Communication and Digital Economy, Prof Ali Isa Pantami, has said a 41 Terabyte Data Centre created by the Galaxy Backbone Company of the Federal Ministry of Communication in Kano to cater for the communication needs of the zone will be commissioned in June this year. Patami who gave ...