This morning, Treasury Secretary Scott Bessent said it was difficult to determine the actual causes of climate change. That statement runs counter to the broad scientific consensus that human activity — namely, the burning of fossil fuels — is dangerously warming the world. As Alan Rappeport and I reported today, the comments came in remarks…
Treasury Secretary Scott Bessent claimed on Tuesday that it was difficult to determine the actual causes of climate change, dismissing decades of science that has attributed global warming to the burning of fossil fuels. He instead called on international financial institutions to focus their attention on economic growth and alleviating poverty. The comments came in…
War in the Middle East has upended the world economy, the International Monetary Fund said on Tuesday, warning in a report that disruptions to oil markets could slow growth, fuel inflation and raise the possibility of a global recession. The sober message came after the global economy had largely weathered a pandemic, Russia’s war in…
