Slovenia Ties Debt Interest to Emissions in First for Europe
Slovenia became the first European government to link its bond interest payments to environmental targets, providing a template for other countries in the region.
The Alpine nation sold €1 billion ($1.2 billion) of a 10-year note where the coupon hinges on meeting greenhouse gas emission goals, according to a person with knowledge of the matter. The rare sovereign sustainability-linked bond attracted orders of over €6.5 billion, with such debt only sold by a few countries so far.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Android Authority
24 minutes ago
- Android Authority
Galaxy Z Flip 7 FE price leaks: Should you buy last year's Flip instead?
TL;DR A retailer has listed European and UK pricing for the Samsung Galaxy Z Flip 7 FE. The foldable phone is listed at ~€1,056 in Europe and ~£887 in the UK This would make the Z Flip 7 FE significantly cheaper than the Z Flip 6 was at launch. We got our first hint of Samsung Galaxy Z Flip 7 and Z Fold 7 prices yesterday after a retailer apparently leaked European and UK pricing for the foldables. Now, the retailer has purportedly leaked pricing for the Galaxy Z Flip 7 FE. SammyGuru spotted a retail listing for the Galaxy Z Flip 7 FE (codenamed B7R). The outlet didn't name the retailer or link to it, but we discovered that this is the same retailer (LambdaTek) that listed Z Flip 7 and Z Fold 7 prices. EU pricing UK pricing The listing reveals that the 128GB Galaxy Z Flip 7 FE starts at ~€1,056 in Europe and ~£887 in the UK. Meanwhile, the 256GB model is pegged at ~€1,131 in the EU and ~£949 in the UK. It's worth noting that LambdaTek's European prices seem to fluctuate for all three foldables. I'm guessing there's some dynamic currency conversion happening in the background. The retailer's UK prices seem to stay the same, though, making it more reliable. The Galaxy Z Flip 6 launched at £1,049 for the 256GB model and £1,149 for the 512GB variant. Meanwhile, the Z Flip 7 is listed at ~£1,094. So the Galaxy Z Flip 7 FE would have a much lower launch price than both models at ~£887. In saying so, the Z Flip 7 FE looks like the Z Flip 6 with an Exynos processor. So you might want to consider last year's Flip phone instead, as it should be significantly cheaper by now. But those who want an extra year of updates should keep the new phone in mind. Reserve the next Galaxy for $50 Samsung Credit and a chance to win $5,000! Reserve the next Galaxy for $50 Samsung Credit and a chance to win $5,000! Unpacked is coming. The next generation of Galaxy is coming! Reserve your new Galaxy device today ahead of the July 9 launch and receive $50 Samsung Credit when you preorder and purchase the reserved device. Samsung is also offering 3x Samsung reward points in your pre-order purchase and a sweepstakes entry for a prize of $5,000 for one lucky winner! See price at Samsung Reserve the next Galaxy for $50 Samsung Credit and more savings! Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
Yahoo
26 minutes ago
- Yahoo
Workers in UK need to embrace AI or risk being left behind, minister says
Workers in the UK should turn their trepidation over AI into 'exhilaration' by giving it a try or they risk being left behind by those who have, the technology secretary has said. Peter Kyle called on employees and businesses to 'act now' on getting to grips with the tech, with the generational gap in usage needing only two and a half hours of training to bridge. Breakthroughs such as the emergence of ChatGPT have sparked an investment boom in the technology, but also led to forecasts that a host of jobs in sectors ranging from law to financial services will be affected. However, Kyle said: 'I think most people are approaching this with trepidation. Once they start [using AI], it turns to exhilaration, because it is a lot more straightforward than people realise, and it is far more rewarding than people expect.' Kyle spoke after meeting tech company bosses to discuss a new government-industry drive to train 7.5 million UK workers – a fifth of the overall workforce – in AI by 2030, with the help of firms such as Google, Amazon and BT. He said: 'There's no one in employment at the moment that is incapable of gaining the skills that will be needed in the economy in the next five years. 'That is the optimistic way of saying, act now, and you will thrive into the future. Don't, and I think that some people will be left behind. And that's what worries me the most.' Kyle said there appeared to be a generational gap in AI, with over-55s using AI half as much as over-35s. Closing this gap would take two and a half hours of training, he said. 'People don't need to get trained in quantum physics,' Kyle said. 'They need to get trained in the basics of how AI works, how to interact with it, and to explore all of the potential it has for you as an individual in the workplace.' Keir Starmer acknowledged this week that people were 'sceptical' about AI and worry about it taking their job. Speaking at London Tech Week, the prime minister said the government would attempt to prove that technology can 'create wealth in your community … create good jobs [and] vastly improve our public services'. People in English-speaking countries including the UK, US, Australia and Canada are more nervous about the rise of AI than those in the largest EU economies, according to polling data shared with the Guardian last week. Forecasts about the impact of AI on jobs vary, with the Organisation for Economic Co-operation and Development warning the technology could trigger job losses in skilled professions such as law, medicine and finance. The International Monetary Fund has calculated 60% of jobs in advanced economies such as the US and UK are exposed to AI and half of these jobs may be negatively affected. However, the Tony Blair Institute, which has called for widespread adoption of AI in the public and private sectors, has said potential UK jobs losses in the private sphere will be mitigated by the technology creating new roles. Kyle said he was ready for a reset in the debate over AI and copyright after opposition to the government's proposed overhaul of copyright law in the House of Lords ended. The data bill, a vehicle for peers' opposition to proposals to let AI firms use copyright-protected work without permission in order to develop their products, finally passed this week after lords did not submit further copyright-related amendments. 'I'm acting with humility and self-reflection about the things I could have done better in that process,' he said. 'And I've made promises to move forward with a reset and a refocus on what will deliver the rights remuneration and opportunities for creatives in the digital age that they have enjoyed for generations in the analogue age – whilst travelling on that journey with the AI industry alongside.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
UK graduates facing worst job market since 2018 amid rise of AI, says Indeed
University graduates in the UK are facing the toughest job market since 2018 as employers pause hiring and use AI to cut costs, figures suggest. The number of roles advertised for recent graduates is down 33% compared with last year and is at the lowest level in seven years, according to the job search site Indeed. Overall job postings as of mid-June were 5% lower compared with the end of March, as the broader job market struggles in the face of higher taxes for employers and minimum wage changes introduced from April. It means the UK is an outlier compared with the US and its peers in Europe, as it is the only economy with fewer job openings available than before the pandemic, according to the data. Jack Kennedy, a senior economist at Indeed, said the figures underlined a 'continued gradual softening rather than a nosedive' in the labour market. 'Despite the UK labour market holding out overall, new entrants like graduates face a challenging time in securing a first rung on the ladder,' Kennedy said. 'This signals a wider landscape of employers holding on to existing staff, while some observers contend that entry-level roles in professional occupations are particularly exposed to AI displacement.' There are varying forecasts about the impact of AI on the labour market. Research from the Organisation for Economic Co-operation and Development has found the technology could disrupt 'white-collar' professions such as lawyers, doctors and software engineers. The International Monetary Fund has estimated that 60% of jobs in advanced economies such as the US and UK are exposed to AI, and that half of these jobs may be negatively affected. The Tony Blair Institute has said potential UK job losses in the private sector could be mitigated by AI creating new roles. This month the technology secretary, Peter Kyle, called on workers and businesses to 'act now' on getting to grips with AI, or risk being left behind. He said: 'I think most people are approaching this with trepidation. Once they start [using AI], it turns to exhilaration, because it is a lot more straightforward than people realise, and it is far more rewarding than people expect. 'There's no one in employment at the moment that is incapable of gaining the skills that will be needed in the economy in the next five years … That is the optimistic way of saying: act now, and you will thrive into the future. Don't, and I think that some people will be left behind. And that's what worries me the most.' Sign in to access your portfolio
