Why is the climate target not being met? Why is the necessary finance not forthcoming? It is not the cost price of renewables. Prices of renewables have fallen sharply in the last few years. The problem is that governments are insisting that private investment should lead the drive to renewable power. But private investment only takes place if it is profitable to invest.

Profitability has been falling from pre-pandemic levels and total profit growth has also stopped rising. Already that is having an effect on investment growth and employment. Rising margins do not show this.

People's World | C.J Atkins | Some traders at the New York and Tel Aviv Stock Exchanges (NYSE and TASE) apparently knew in advance that Hamas militants were about to launch their attack on Israel before Oct. 7th and that a war would follow.