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They recently upgraded Miami’s credit rating, citing a robust tax base and labor market. The city’s “elevated” environmental risks, S&P says, are offset by mitigation projects such as those designed to counter rising sea levels. As the world reels from the mounting impact of heat waves, droughts and fiercer storms, there is growing concern that credit rating analysts are misreading climate risks in the $133 trillion global bond market, to the detriment of creditors and borrowers alike.

economy, this “Ozanada" would be the world’s fifth-largest, bigger than India and just behind Germany. Considering the two in tandem is not as nutty as it seems. Weather aside, they have a remarkable amount in common.

Ranil Wickremesinghe and Foreign Minister of Japan Hayashi Yoshimasa have discussed several Japanese-funded projects such as the Light Rail Transit (LRT), the East Terminal, the Kandy Development Plan, Central Highway, and the expansion of the Bandaranaike International Airport. Both countries expressed the importance of expediting the implementation of these projects, the President’s Media Division (PMD) said following the meeting over the last weekend.

Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to negotiate terms for an entry to the world's third-largest auto market without the competitive threat from BYD that it faces in other emerging markets, like Thailand. «The future of who wins in India will have some bearing on who wins globally in the EV race,» said Jasmeet Khurana of the World Economic Forum.

wolf statue that once sat atop a pillar in central Benghazi before disappearing decades ago, found on a farm whose owner said he bought the sculpture as scrap. Authorities were alerted to the colonial-era statue after a tip off and discovered it in a farm near Benghazi belonging to Saied Mohammed Bourabida, who told them he had bought it from a metal yard because he liked the way it looked. «I remembered this statue in its position near the port from when I was young… I had a smelting workshop and when I saw it by chance at the scrap dealer's I liked its shape and the quality of work so I bought it,» he said. Bourabida, 80, kept the statue, a replica of the famous Capitoline Wolf sculpture that depicts a legendary scene of ancient Rome, in plain view under a spreading tree next to the terrace of his house. Khaled al-Aqouri, head of the tourism and antiquities department in the Benghazi police, said he was confident that Bourabida had not known that it was still public property.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

dollar was perched near a four-week high on Thursday, shrugging off a U.S. credit rating downgrade that cast doubt on the country's fiscal outlook, and instead got a leg up from strong private payrolls data. Data out on Wednesday showing U.S.

Gold prices languished near three-week lows on Thursday after a larger-than-expected increase in U.S. private payrolls in July fuelled bets on more monitory policy tightening and boosted the dollar and bond yields. FUNDAMENTALS * Spot gold was little changed at $1,935.20 per ounce by 0100 GMT, trading near its lowest level since July 12 hit in the previous session.

₹3.5 trillion on Wednesday as FPIs sold shares to meet redemption pressures in developed markets spooked by Fitch Ratings’ downgrade of US credit ratings.Fitch downgraded the United States to AA from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt. Fitch was the second major agency to cut the country's rating. In 2011 Standard & Poor's stripped the country of its triple-A grade.The risk-off sentiment was reflected in the prices of safe-haven asset gold, which rose 1.6% during the day in the international marketThe top consumer lifestyle firm in India, Titan Company, announced a 19% increase in revenue for the first quarter of FY 2023–2024.

Ministry of Defense Wednesday revealed that the US Government approved the sale by Israel of the country's «David's Sling» anti-missile defence system to Finland. After receiving approval, the Israeli MOD, the Finnish MOD & Rafael Advanced Systems — the Israeli defence contractor that develops the system — will participate in a ceremony to sign a procurement agreement worth approximately 316 million Euros (USD 344 million).

Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July. Ukrainian deputy prime minister Oleksandr Kubrakov said the Russian drone attacks damaged almost 40,000 tonnes of grains which had been destined for countries in Africa as well as China and Israel.

Nasdaq Composite down for a second straight day as investors took profits on five months of gains a day after rating agency Fitch cut the U.S. government's credit rating. Fitch downgraded the United States to AA+ from AAA late on Tuesday, citing expected fiscal deterioration over the next three years as well as growing government debt.

The Argentinian women's football team departed the Women's World Cup in New Zealand with a sense of both disappointment and optimism. While they fell short of securing any win, the team's spirited performances in their three matches have given them hope for the future, with a new generation of players showing great promise. Their first match against Italy came close to an upset, but a late goal from the opposition resulted in a 1-0 defeat.

Infosys cofounder and chairman Nandan Nilekani, who has spearheaded India's digital public infrastructure (DPI) revolution. India is moving from being an «offline, informal, low-productivity set of micro economies to a single online, formal, high-productivity, mega economy,» said Nilekani who was founder chairman of the Aadhaar project speaking at an event in New Delhi. «India's 'techade' is a different model of growth.

The federal government is trying to reclaim nearly $350 million in insurance paid to Suncor Energy Inc. in the wake of political unrest in Libya.

Economists at Bank of America Corp. revoked their forecast for a recession in the United States, becoming the first large Wall Street bank to officially reverse its call amid growing optimism about the economic outlook.

Roman Devengenzo was consulting for a robotics company in Silicon Valley last fall when he asked a newly minted mechanical engineer to design a small aluminum part that could be fabricated on a lathe—a skill normally mastered in the first or second year of college. “How do I do that?" asked the young man. So Devengenzo, an engineer who has built technology for NASA and Google, and who charges consulting clients a minimum of $300 an hour, spent the next three hours teaching Lathework 101.

A popular U.S. program that offers permanent American residency to foreigners who invest in qualified job-creating projects has sweetened the offer—and attracted fresh interest from wealthy Chinese seeking a way out of their country. Many Chinese are worried about their country’s direction after three years of harsh Covid-19 restrictions, tougher ideological controls under Chinese leader Xi Jinping, rising tensions with the West and dimmer economic prospects.

Financial advisors weren’t expecting a credit rating agency to downgrade U.S. debt two months after the country avoided a default, but they’re taking the move in stride.

Drivers are in for another headache at the pump as U.S. gas prices continue to rise

The Indonesian government bought 12 drones worth $300 million from Turkish Aerospace as part of efforts to strengthen archipelagic country's defense system