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Private sector funding key to climate transition, World Bank chief says
Private sector funding key to climate transition, World Bank chief says
Economy
by  AFP

The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the 79-year-old development lender, its president told AFP on Wednesday. - As part of a push to increase its climate financing, the World Bank Group recently raised its target for climate-related projects from 35 percent of its annual financing to 45 percent.

US teen becomes first human to beat Tetris
US teen becomes first human to beat Tetris
Technology
by  AFP

A US teenager has beaten classic computer game Tetris, forcing it into a game-ending glitch in a feat previously achieved only by artificial intelligence. "Congratulations to ‘blue scuti’ for achieving this extraordinary accomplishment, a feat that defies all preconceived limits of this legendary game," a statement said. hg/dw

Argentina court suspends Milei labor reforms
Argentina court suspends Milei labor reforms
Economy
by  AFP

Argentine judges on Wednesday suspended labor law changes that form part of a mega-decree of sweeping economic reforms and deregulation announced by the country's new libertarian president, Javier Milei.

GM rides 'strong demand' to grow US auto sales
GM rides 'strong demand' to grow US auto sales
Economy
by  AFP

US automaker General Motors reported Wednesday a jump in vehicle sales for 2023, citing robust demand in a year also boosted by easing supply issues. On Wednesday, it also highlighted a sharp rise in total electric vehicle sales, of nearly 76,000 units.