Dollars in the dirt: Big Ag pays farmers for control of their soil-bound carbon | Reuters

Fertilizer producers Nutrien Ltd are paying growers for every acre of land dedicated to trapping carbon underground, known as sequestering it. Agricultural companies use the credits to offset the climate impact of other parts of their businesses or sell them to companies looking to reduce their own carbon footprints. Agriculture covers nearly 40% of the […]

Dragons fly as Chinese millennials take a shine to gold | Reuters

A salesperson poses with Heritage Gold jewellery at jeweller Chow Tai Fook’s retail store in Shanghai, China August 18, 2021. A strengthening economy and improving consumer spending are helping sales. Part of heritage gold jewellery’s appeal, especially among young consumers, reflects a desire to be patriotic amid a backlash against Western apparel brands in China […]

Analysis: Afghan central bank’s $10 billion stash not all within reach of Taliban | Reuters

The most recent financial statement posted online shows DAB holds total assets of about $10 billion, including $1.3 billion-worth of gold reserves and $362 million in foreign currency cash reserves, based on currency conversion rates on June 21, the date of the report. Asked about the holdings, a FRBNY official said the bank does not […]

Peru’s Castillo names moderate leftist as finance minister in olive branch to markets

LIMA, July 30 – Peru’s Pedro Castillo appointed moderate economist Pedro Francke as finance minister late on Friday, an olive branch to rattled markets after the newly-elected president earlier named members of his Marxist Free Peru party to several other cabinet positions. Prime Minister Bellido earlier in the evening had expressed on Twitter his “full […]

Richardson ban reignites debate on cannabis rules in sport

“She was suspended because of arbitrary rules,” Carl Hart, a Columbia University psychology professor, said of Richardson’s ban before discussing how marijuana is legally accepted in a growing number of U.S. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters […]