Day: November 29, 2023

Germany faces a 17 billion euro($18.66 billion) gap in the 2024 budget after a court ruling this month plunged the country’s finances into chaos, German Finance Minister Christian Lindner said on Wednesday on German broadcaster ZDF, Report informs via Reu

German police have arrested two teenagers on suspicion of planning a terror attack in the country, security sources cited by German media said, Report informs via DW.

The US Treasury Department said on Wednesday it had imposed sanctions on 21 Iranian and foreign nationals and entities for their involvement in financial networks to benefit Iran’s defense ministry and other parts of its military, Report informs via Reute

Sweden’s parliament approved on Wednesday a bill allowing more nuclear reactors to be built than previously planned, scrapping the previous cap of 10, as the Nordic country seeks to boost power generation and energy security, Report informs via Reuters.

On November 29, World Bank experts unveiled the “Country Climate and Development Report” (CCDR) in Baku, emphasizing that investments of approximately $44 billion will be necessary for Azerbaijan to implement decarbonization and sustainable development measures by 2060. There is optimism that a significant portion of these costs can be offset…

The Country Climate and Development Reports, which explores economic growth, and analyzes it in terms of climate changes, are one of the new significant research tools of the World Bank, and Azerbaijan is one of the first countries selected to conduct this research on a global scale.

According to estimates, nearly 216 million people worldwide will be forced to migrate by 2050 due to drought-related factors such as water scarcity, rising sea levels, crop loss, and excessive population growth, Azernews reports, citing Anadolu Agency.

WB Country Manager: Azerbaijan can overcome risks of climate …  AzerNews.Az

Azerbaijani FM embarks on visit to North Macedonia  Trend News Agency

Russia expects Armenian PM’s participation in CIS summit  ARMENPRESS