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Credit Rating Agencies are Miscalculating Risks of Climate Change, Report Finds

A new report argues that credit agencies’ failure to properly account for climate risks could lead to the next global financial crisis
Article

Originally posted on The Guardian.

Credit rating agencies still have a long way to go in incorporating climate change risks into their analyses, said Lenora Suki, head of sustainable finance product strategy at Bloomberg. “In general, they have yet to thoroughly and transparently integrate these emerging issues and concerns into traditional credit models,” she said.

Federal Reserve Bailout Creates Two Societies

GoodB Blogger Monika Mitchell Reports on the Economic Recovery
Blog

 by Monika Mitchell

Entertaining Economics

Summary: 

Steven Levitt, co-author with Stephen Dubner of “Freakonomics” makes complex economics both accessible and entertaining.

Blog

Steven Levitt, co-author with Stephen Dubner of “Freakonomics” makes complex economics both accessible and entertaining.

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