African leaders propose global carbon taxes to fight climate change
Several foreign companies and countries have committed hundreds of millions in carbon credit purchases from the Africa Carbon Markets Initiative (ACMI).
African leaders have issued a declaration proposing new taxes across the world to fund action against climate change. The Nairobi Declaration was issued at the end of the three-day Africa Climate Summit in the Kenyan capital.
Turkey pushed up its inflation forecasts and cut those of economic growth on Wednesday, as President Erdogan appeared to endorse the big interest rate hikes that are driving a turnaround toward more orthodox policies.
The European Union Commission has designated six tech giants as 'gatekeepers'. This means, Amazon, Alphabet, Apple , Meta, Microsoft and TikTok owner ByteDance, have six months to comply with tougher obligations designed to open their platforms to more competitors.
(Kenyan President William Ruto holds a press conference with the attendance of participating country leaders within the 1st Africa Climate Summit at the Kenyatta International Convention Centre in Nairobi, Kenya on September 6, 2023. Picture Credit: Getty Images)
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