Weekly Briefing: Key Policy Developments
This weekly briefing provides overviews of the top policy developments that business leaders should monitor.
Key policy and political developments for the week ended March 8, 2024.
Energy and Climate
Green trade rules are ‘biased’, says Indian minister (FT)
France Challenges EU Renewable Energy Targets, Calls for Carbon Neutrality Focus (BNN)
France Balks at EU Green Goals, Backs Sovereign Energy Mix (Bloomberg)
SEC approves rule requiring some companies to report greenhouse gas emissions. Legal challenges loom (AP)
Republican-led states sue US SEC over climate risk disclosure rules (Reuters)
Banks find clean-energy allies in fight against stricter capital rules (FT)
Global Trade
Fractures in Global Trade Deepen as WTO Musters Only a Small Win (Bloomberg)
World Trade Chiefs Pull Talks From Brink With E-Commerce Deal (Bloomberg)
Yellen Sees Growing Trade With Chile, a Vital EV Metal Supplier (Bloomberg)
UK Is ‘On Track’ for 4% Hit to Economy From Brexit, OBR Says (Bloomberg)
How trade can save the planet, one tedious spreadsheet at a time (FT)
Global Economy
China prepares $27 bln chip fund to counter growing US restrictions, Bloomberg reports (Reuters)
US urges allies to tighten China's access to chip technology, Bloomberg reports (Reuters)
New York lawmakers pitch new sovereign debt rules (Latin Finance)
OECD sees total bond debt to rise in 2024 on tightening financial conditions (Reuters)
China
Netherlands Shuts China Consulate as Foreign Investment Ebbs (Bloomberg)
China Warns US ‘Absurdity’ on Trade Curbs Will Harm America (Bloomberg)
U.S. Politics
Supreme Court rules states can't kick Trump off the ballot (NBC)
Six key takeaways from Biden's final State of the Union before the 2024 election (NBC)
State of the Union: Biden vows to raise taxes on wealthy, corporations (Reuters)
Competition
JetBlue, Spirit end $3.8 billion merger agreement after losing antitrust suit (CNBC)