ASIA: Race for new climate finance goal heats up: Push for China, UAE to join donor pool

Germany advocated expanding climate finance contributors to include wealthy, high-emission countries like China and Saudi Arabia, emphasizing the need for increased funds to support developing nations. The aim is to enhance the collective finance pool while maintaining leadership and responsibility among developed countries.

Discussions on the new target for climate finance to be provided to developing countries, replacing the 2009 goal of $100 billion, continue to be the focus in the run up to the Baku round of the UN climate talks. Germnay, among the top contributors of climate finance, is along with other developed countries pushing for expanding the group of countries that are obligated to provide developing countries with climate finance. 

13 March 2024

EU: EU Seeks New Ways to Help Ukraine

The European Union is moving forward on various fronts to maintain support for Ukraine, but the bloc’s attempts have fallen short in the face of the increasingly challenging situation on the battlefield

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11 October 2024

HONG KONG: Hong Kong to issue more crypto exchange licenses by year-end

Hong Kong’s Securities Futures Commission (SFC) plans to issue more licenses to crypto exchanges and digital asset firms operating in the region by the end of 2024. SFC CEO Julia Leung stated that

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7 March 2025

INDIA: New Tax Bill Sparks Privacy Fears

The newly proposed Income Tax Bill 2025 could grant tax authorities unprecedented powers to access private digital spaces in suspected tax evasion cases. The sweeping changes, set to take effect from

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8 August 2024

US: SEC Urges Court to Block Coinbase’s Extensive Document Demand

The SEC argues that Coinbase’s request is overly broad, seeking nearly all documents related to crypto assets. In its court filing, the SEC stated that it has already provided Coinbase with various

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