Making History It’s a new dawn for the fight against climate change. Government officials from almost 200 countries approved a deal Wednesday, calling for nations around the world to begin to wind down the use of fossil fuels. After 30 years of annual climate summits, the agreement made at the 2023 United Nations Climate Change…Read more
SoFi Hong Kong Blog
Pause or Proceed? For the last time this year, it’s Fed week. The central bank to leave interest rates unchanged again meet market participants expectation, as conviction is growing the the policymakers around Fed Chairman Jerome Powell are done raising rates. In an effort to curb pandemic-era inflation, the Federal Reserve enacted a series of…Read more
Increasing Output U.S. oil production has hit a record high this year with more than 13 million barrels per day. There doesn’t seem to be any slowing down in sight either, but that could lead to some geopolitical tensions. Not every oil producing country is ramping up drilling. OPEC+ (the Organization of the Petroleum Exporting…Read more