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Exclusive-Top development banks to launch debt-for-nature swap ‘task force’

Exclusive-Top development banks to launch debt-for-nature swap ‘task force’

© Reuters. FILE PHOTO: Agents of ICMBio (Chico Mendes Institute for Biodiversity Conservation) and IBAMA (Brazilian Institute for the Environment and Renewable Natural Resources) work to extinguish a fire in the Pantanal, the world’s largest wetland, in Pocone, Mato By Marc Jones LONDON (Reuters) -The world’s top multilateral development banks are set to launch a…

Yellen says US economy does not need drastic tightening, ‘soft landing’ on track

Yellen says US economy does not need drastic tightening, ‘soft landing’ on track

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen attends a press conference in San Francisco, California, U.S., November 10, 2023. REUTERS/Carlos Barria/File Photo By Howard Schneider BESSEMER CITY, North Carolina (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy does not need further drastic monetary policy tightening to…

US senators to be briefed on Ukraine, Israel aid on Tuesday -Senate aide

US senators to be briefed on Ukraine, Israel aid on Tuesday -Senate aide

© Reuters. U.S. Capitol police stand outside the Capitol building as the Senate votes on debt ceiling legislation to avoid a historic default at the U.S. Capitol in Washington, U.S., June 1, 2023. REUTERS/Evelyn Hockstein/File Photo WASHINGTON (Reuters) – A classified briefing for all U.S. senators on Ukraine, Israel and elements of the national security…

SpaceX acquires parachute company for $2.2M, because it turns out space-rated parachutes are very hard

SpaceX acquires parachute company for $2.2M, because it turns out space-rated parachutes are very hard

SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer Aerospace after its parent company went bankrupt. The Information first reported the news. This is the second known acquisition for SpaceX, which acquired small satellite startup Swarm…