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By Minh Huong Wed, June 25, 2025 | 9:09 am GMT+7 Many international partners and foreign corporations have expressed interest in purchasing large volumes of forest carbon credits from Vietnam, according to Vietnam’s Ministry of Agriculture and Environment. The ministry cited potential buyers like the Lowering Emissions by Accelerating Forest Finance (LEAF) Coalition, Amazon, and Italy’s energy giant Eni. It revealed the information in its interpretation of a draft decree regulating forest carbon sequestration and storage services, which is currently open for public feedback. Vietnam’s carbon market is scheduled to officially begin operation by 2029. Photo courtesy of Insurance Business.…

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Federal Reserve Bank of Kansas City President Jeff Schmid said early Wednesday that the Fed should wait to see how tariffs and other policies impact the economy before adjusting interest rates, per Bloomberg. Key quotesWith all this uncertainty, the current posture of monetary policy, which has been characterized as ‘wait-and-see,’ is appropriate. The resilience of the economy gives us the time to observe how prices and the economy develop.“Certainly, with the inflation of the past couple of years still in people’s minds, I will be carefully watching the monthly price data for signs of broad-based price increases that might further challenge an already fragile…

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The Washington PostEven after Trump-Xi call, China’s rare-earth controls aren’t going awayChina views its rare earths as a national security issue, not a trade one, and that’s why Beijing is unlikely to loosen controls anytime soon, experts say..2 weeks ago Source link

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US stocks jump, Nasdaq 100 posts record closeRisk appetite is back as Middle East tensions look to be getting farther and farther away in the rearview mirror of your robotaxi.The Nasdaq 100 closed up 1.5% to hit a fresh closing high for the first time since February, the S&P 500 rose 1.1%, and the Russell 2000 gained 1.3% on the day.Uber leapt over 7%, helping lead gains, after the ride-hail giant announced a partnership with Waymo to offer autonomous rides in Atlanta. Occidental Petroleum and defense names Northrop Grumman and Lockheed Martin were among the decliners, each falling more than…

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Mortgage rates haven’t exactly been affordable lately. The average 30-year mortgage rate has hovered between 6% and 7% for the bulk of the last two years. At one point, it even reached as high as 7.79% — the highest point in decades, according to Freddie Mac. It’s a far cry from the bargain-basement rates we saw in the height of the COVID-19 era, when rates bottomed out at a mere 2.65%, the lowest ever recorded. Those ultra-low rates were likely a once-in-a-lifetime occurrence, borne from the Federal Reserve’s need to spur economic activity after widespread shutdowns. However, that doesn’t mean…

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Are you looking to double your money? Even with interest rates remaining high, it’s hard to use a bank account to earn a substantial amount of money. For investors to double — or even triple — their money, they’ll often have to take on some risk for that potential reward. To double your money over time, investors have a number of choices that come with limited risk. Meanwhile, those looking to shoot the lights out and double their money quickly have their share of high-risk, high-reward choices, too, though financial advisors will quickly tell you to keep your allocation to…

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