Blue Carbon, a Dubai-based company, signed a memorandum of understanding with Zimbabwe to generate carbon credits from about a fifth of the African country’s 150,000 square-mile landmass.
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Dubai Cuts Total Debt to 25% of GDP By Repaying Local LoansDubai said it began repaying a $20 billion bailout loan from Abu Dhabi and the country’s central bank, as part of an effort to reduce its debt burden almost 15 years after the sheikhdom teetered on the brink of default.
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Zimbabwe Holds Key Rate at 150% in First Meeting After Elections(Bloomberg) -- Zimbabwe’s central bank retained the world’s highest borrowing costs at its first rate-setting meeting since Emmerson Mnangagwa was re-elected president last month.
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