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World Bank and IMF climate snub 'worrying': COP29 presidency
World Bank and IMF climate snub 'worrying': COP29 presidency
Economy
by  AFP

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming. - Money matters - Under the Paris Agreement, wealthy developed countries -- those most responsible for global warming to date -- are obligated to pay climate finance to poorer nations.

UK probes Amazon over suspected late payments to food suppliers
UK probes Amazon over suspected late payments to food suppliers
Economy
by  AFP

Britain's grocery watchdog on Friday launched an investigation into whether online retail giant Amazon made late payments to food suppliers. That made it subject to industry rules that ensure Britain's largest retailers -- those with an annual grocery turnover above £1 billion ($1.3 billion) -- treat suppliers fairly.