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Venezuela condemns US for shooting down Chinese balloon

  Bloomberg Venezuela condemned what it called an “attack by the United States against an unmanned civilian aircraft of Chinese origin,” taking a clear side in the growing international dispute after a similar balloon was reported over Latin America. The US once again “resorts to the use of force” against a device that didn’t represent any military or physical threat ...

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BNP reaps reward of $20b ESG fund call with new dominance

  Bloomberg As the dust settles on the wave of ESG fund downgrades that swept through Europe’s investment industry, BNP Paribas SA has managed to climb several notches up a controversial ladder. BNP Paribas Asset Management (AM) is now the second-biggest provider of the European Union’s top environmental, social and governance (ESG) fund class, known as Article 9. Its decision ...

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Australia set to push rates to 10-year high

  Bloomberg Australia’s central bank (RBA) is all but certain to increase interest rates at its first meeting of the year, with some observers pointing to the risk of a resumption of outsized moves to counter a surprising surge in inflation. Most economists and traders see the Reserve Bank lifting its cash rate by a quarter-point on Tuesday to 3.35%, ...

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