€838 million will be directed towards payments to citizens The Spanish government is allocating €10.6 billion in grants and loans to help citizens and businesses affected by large-scale flooding. This information, provided by Reuters, was reported by WNTab on Tuesday, November 5. Spanish Prime Minister Pedro Sánchez announced this initiative on Tuesday. Specifically, €838 million…
Biomass from untouched forest stands is increasingly used to produce wood pellets, with demand growing both internationally and domestically Experts and environmentalists are raising alarms about the rising threat of deforestation in Indonesia linked to the demand for raw materials for “clean energy”—namely, wood pellets. According to a report from Associated Press, WNTab reported this…
The reason for the fall was the decision of the Bank of Japan to increase the key interest rate The major stock markets in Asia faced a massive drop in the shares of key companies, leading to a decline in indices worldwide. This was reported by WNTab on Monday, August 5th. In particular, the Nikkei…
Overall, the adjustment was 10 basis points The People’s Bank of China unexpectedly lowered lending interest rates by 10 basis points, surprising financial market participants. WNTab reported this on Monday, July 22. In particular, the basic interest rate for one-year loans was reduced to 3.35% from 3.45%, and for five-year loans, it was reduced to…