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The gap between net-zero ambitions and reality is narrowing but remains substantial ahead of COP31:While most countries have moved closer to their benchmarks, the world as a whole will not reach carbon neutrality until 2064.
The Democrats achieved a full sweep of Congress and won a majority of governorships in the midterm elections.Results are not definitive at this stage, but the Democrats have secured a decisive majority in both the House and the Senate.
Global financial stability is shifting from foreign private capital toward US public-sector backstops, as declining foreign demand for Treasuries and growing market fragmentation increase volatility, weaken the dollar and elevate the role of domestic bonds and gold.