
After the EU Commission classified gas and nuclear as "green" investments in its climate taxonomy despite strong opposition, the next dispute is looming. This is about the "social" taxonomy. It is supposed to define minimum social standards of the financial classification system, such as ethical supply chains and decent working conditions. With the start of the war in Ukraine, one sector of the economy is now particularly explosive: the arms industry.
By Redaktion Table
The members of the G20 are not united in their dealings with Russia. A sign of greater credibility is urgently needed, since the threat of war to people and economies worldwide is immense. At the upcoming meeting, the finance ministers should at least agree on the source of the problem.
By Redaktion Table