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The measures taken in the world, aimed at the transition to an ecologically clean economy and the retention of global warming within 2 degrees Celsius, will create 24 million new jobs by 2030, according to the report of the International Labor Organization. The authors of the report recommend that countries provide social protection for those who are engaged in the oil or coal industries that may suffer losses. New jobs will appear in the energy sector through the transition to electric vehicles and energy efficiency of buildings, as well as in industries related to air, water and soil purification, and protected from extreme weather conditions. According to ILO experts, the largest growth in the “green” labor market is expected in Asia, where 14 million jobs can be created. Experts expect that the European market can add 2 million seats.
The outlook for India’s struggling economy has darkened further on weak business activities and surging virus cases. This will likely prompt the Reserve Bank of India to lower interest rates again, a Reuters survey showed. According ...
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
After a record decline seen last quarter, Britain’s economy is expected to grow at its most rapid pace in decades. The recovery is likely as large portions of the economy resumed operations after coronavirus-related lockdowns were lifted. Despite ...
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