Plant-based meat consumption is rapidly growing, study reveals

WNM | Nov 11, 2019 at 11:32 AM

In its latest “Future of Food Q”-series, UBS forecasts the coming revolutions in plant-based meat and gene editing. Two thirds of the surveyed consumers have not yet tried plant-based meat, but UBS forecasts the global plant-based market to grow to $50 billion by 2025.

Tourists at Forbidden Temple (pexels.com/Sabel Blanco)

China issues guideline on improving business environment for foreign investors

WNM | Nov 11, 2019 at 9:34 AM

China’s State Council has issued a guideline on better using foreign investment with a focus on safeguarding the national treatment of foreign-funded enterprises. The guideline puts forward 20 policies in four aspects to create a more “fair, transparent and predictable” business environment for foreign investors.

Worried by climate change, EU moves to end fossil fuel funding

WNM | Nov 10, 2019 at 12:05 PM

The European Union should phase out its funding of oil, gas and coal projects, EU finance ministers said in a joint statement on Friday, in a move that could mark a major shift in the bloc’s efforts to combat climate change.

Brazil unveils reform package to tackle huge fiscal deficit

WNM | Nov 6, 2019 at 12:33 AM

Brazilian President Jair Bolsonaro’s government unveiled a bundle of wide-ranging reforms on Tuesday, aimed at cutting spending and reducing the size of the state to drive down its chronic fiscal deficit.

Trump administration notifies U.N. of planned Paris climate accord exit

WNM | Nov 5, 2019 at 12:07 AM

The Trump administration has formally notified the United Nations that it will withdraw the United States from the Paris Agreement, the first formal step in a one-year process to exit the global pact to fight climate change, U.S. Secretary of State Mike Pompeo confirmed on Monday.