High interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe. So far, ongoing projects and a heightened focus on sustainability have prevented construction volumes from shrinking, but we’re expecting to see a steep decline begin to emerge in 2024
Geopolitics
Scheer Post: South Africa Invokes Genocide Convention Against Israel
South Africa becomes the first nation to approach the ICJ with regard to Israel’s attacks on Palestinians. Read HERE
EU politics
Middle East Eye: Barcelona cuts ties with twin city Tel Aviv over Israeli ‘apartheid’
Pro-Palestine advocates ‘salute’ the decision while Israel supporters call it ‘antisemitic’ Read Here Pro-Palestinian activists presenting their petition to Barcelona’s City Hall demanding the city cut ties with Tel Aviv (Twitter/Social Media)
Energy
Greg Ford: Three months of banking profits could prevent a ‘fossil subprime’ crisis
Finance Watch’s latest report explores the impact of adjusting banks’ capital requirements for fossil fuel exposures Read Here
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