Allianz Trade

Allianz Trade puts Gulf’s Iran war damage at $200B

The US-Iran war has caused just over $200 billion in physical damage across the Gulf, credit insurer Allianz Trade said in a report released Wednesday, November 11. It added that lost economic output in the six Gulf Cooperation Council (GCC)…

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Data centers emitted 57% more CO2 than estimated, Allianz Trade study finds

The global buildout of data centers to power artificial intelligence is running into twin headwinds: a growing wave of climate litigation and a grassroots opposition movement that has disrupted tens of billions of dollars in planned projects. New research published…