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China unveils a comprehensive swap of local government debt to support the faltering economy – Trendy Blogger

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China unveils a comprehensive swap of local government debt to support the faltering economy – Trendy Blogger

The Chinese national flag appears in front of the Central Financial District on Chinese National Day in Hong Kong, China on October 1, 2022. – Reuters The move would raise “the maximum local government debt by six trillion yuan.” The debt ceiling is scheduled to be raised every year from 2024 to 2026. A total … Read more

Pakistan’s climate tech revolution: A $50 million bet on local solutions – Trendy Blogger

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Pakistan’s climate tech revolution: A million bet on local solutions – Trendy Blogger

In 2023, Pakistan is in the spotlight. At the United Nations Climate Change Conference (COP 28) in Dubai, the whole world was looking to Pakistan as an example and an opportunity. The previous year, in 2022, historic monsoon rains devastated Pakistan, causing more than $30 billion in losses and damage. This entire incident was a … Read more