Climate funding: Who pays for the transition?
Developed nations are cutting climate funding, but developing countries still need billions to adapt.

Developed nations are cutting climate funding, but developing countries still need billions to adapt.
A weekly look at the world’s top business and economics stories. Watch Counting the Cost every Friday 2230GMT
The G7, BRICS and emerging powers are competing for influence in a changing global order.

Trade tensions, wars and Asia’s rise are testing the influence and unity of the Group of Seven (G7).

Gold now accounts for 27% of global reserve holdings, overtaking US Treasuries as the world’s largest reserve asset.

The worst-case oil scenario has been avoided, but inflation and slower growth continue to weigh on the global economy.

A stronger dollar, higher energy costs and market uncertainty are putting pressure on currencies across Asia.

China’s tariff-free access for many African products has renewed hopes of industrial growth. But trade remains uneven.

AI giants are racing towards public listings as valuations soar.

Rubio’s visit to India comes as Washington seeks closer ties with New Delhi amid trade tensions and energy politics.

As the US and Europe push to reduce reliance on China, Beijing tightens control over supply chains.

Government bonds are under pressure and households could soon feel the impact.
