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China’s Xi vows focus on emission cuts, end energy-inefficient projects

Bloomberg China will make cutting emissions a focus of its ecological strategy in the next five years, President Xi Jinping said, vowing to call off projects which consume a lot of energy and can’t meet environmental standards. “The carbon neutral and emission-peaking goals are solemn promises China has made to the world,” Xi said at a study session of the ...

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Lessons from Vietnam on leaving Afghanistan!

Four months from now, the last 2,500 American troops will have left Afghanistan. The British, Australians, Canadians and other allies will be in the same boat, figuratively if not literally, having also sacrificed blood and treasure in the 20-year struggle first, to remove Kabul’s Taliban government, thereafter to sustain its successor regimes. Why has President Joe Biden lost patience, the ...

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Is e-commerce wage war brewing?

For the past generation, Amazon.com Inc has been the centerpiece of a prevailing view that the growth of the internet has had a deflationary impact. Online shopping brought transparency to every aspect of the economy, increasing competition and taking pricing power away from companies that used to have it. Now Amazon may be leading the marketplace in a new direction ...

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