Over the wall 📶
To know: The United Nations wants more people to eat more beans.
Dragging back: Russia plans a new tax on exporters to get excess revenue companies reap when the ruble depreciates.
Puffed up: Indonesia’s parliament passed into law a $216 billion budget for 2024 to help accelerate development projects.
Work in progress: UK has pledged £11.6 billion to spend on climate finance in the 5 years to 2026.
Going private: Japan Industrial Partners’ successful tender offer for Toshiba makes a ¥2 trillion buyout that would end the 74-year-long timeline as a listed entity.
Foreign power: China currently limits total foreign ownership in locally listed entities at 30%, and subjects a single foreign shareholder to a 10% limit.
Cold reality: Cold storage facilities in America are estimated on average to be 42 years old. About 78% of cold storage warehouses were built before year 2000.
Cost of business: Reportedly, approximately 57% of the global fruit and vegetable industry is selling at a loss or breaking even.
United agreement: 195 nations have agreed to protect and restore 30% of land and water by 2030.
Paying the dues: Goldman Sachs and Citadel agreed to pay millions of dollars in fines to the SEC regarding inaccurate or incomplete trading data.
Got something to tell us?
Empire Codex: If you have any questions or anything interesting to share, let us know! We are open to considering news worthy news.