Florida, Missouri and Louisiana siphon billions from BlackRock over ESG strategy

Blackrock The wealth manager is under pressure to focus more on ESG criteria. (Photo: Archyde.com) New York In the dispute over the ESG criteria of wealth managers, Florida has announced as another US state that it will withdraw funds from BlackRock. The chief financial officer responsible, Jimmy Patronis, justified the move on Thursday by saying … Read more

Annalena Baerbock is on the right track

Annalena Baerbock The foreign minister has announced an office for “hydrogen diplomacy” in the Ukrainian capital. (Photo: Archyde.com) Foreign Minister Annalena Baerbock tried last week to send German support to the beleaguered Ukraine. Germany will soon set up an office for “hydrogen diplomacy” in the Ukrainian capital. As irrelevant as this promise is in view … Read more

EU Commission wants to classify gas and nuclear power as green under certain conditions

Brussels The EU Commission wants to classify investments in gas and nuclear power plants as climate-friendly under certain conditions. This emerges from a draft of a legal act by the Brussels authority, which became public on New Year’s Day shortly after it was sent to the EU member states. Because the proposal is considered a … Read more