United Nations

The ‘world’s largest floating wind farm’ produces its first power

Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms. Odin Jaeger | Bloomberg | Getty Images A facility described as the world’s largest floating wind farm produced its first power over the weekend, with more turbines set to come online before the year is out. …

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A global recession is near certain and the Fed is to blame, says UN

Hi, Peter Vanham here, writing on a plane from Geneva to New York, filling for Alan. We’re already in a global slowdown, and if no immediate policy actions are taken to curb speculative behavior and markup prices in energy, food, and other concentrated global industries, we’ll be in a full-fledged recession by the end of …

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Premarket stocks: A UN agency wants the Fed to slow its interest rate hikes

new York CNN Business — The Federal Reserve’s aggressive tightening policy has led the US dollar to appreciate to multi-decade highs, squashing currencies around the world. Now, a United Nations agency is warning that its actions, along with those of other central banks, risk pushing the global economy into recession. What’s happening: In a new …

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