Try GOLD - Free
U.S. BLOCKS GLOBAL CARBON FEE ON SHIPPING
The Business Guardian
|October 19, 2025
With trade threats from President Donald Trump, the U.S. derailed the world's first global carbon fee on shipping as an international maritime meeting adjourned Friday without adopting regulations.
Earlier this year, amid much fanfare, the world's largest maritime nations agreed on the regulations, which would impose a fee on carbon pollution to clean up shipping. The next step of the process — adopting the regulations — during the International Maritime Organization meeting in London this week was widely expected to be a formality. Instead, after much pressure from Trump, along with Saudi Arabia and a handful of other countries, delegates decided to postpone the decision by a year and adjourn. In the interim, nations will continue to negotiate and work toward consensus.
This story is from the October 19, 2025 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
Embracing Nature: A Pathway to Spiritual Awakening
Nature has always been a mirror of the divine, offering humanity a glimpse into the infinite.
2 mins
December 15, 2025
The Business Guardian
CED Gujarat inks MoU with Bosch for HVAC skill centres
Centre for Entrepreneurship Development (CED), Government of Gujarat, has signed an MoU with Bosch Home Comfort India Limited to establish Heating, Ventilation, and Air Conditioning (HVAC) Skill Development Centres in Northern Gujarat.
2 mins
December 15, 2025
The Business Guardian
Renew, Reflect, Rejoice: The Spiritual power of today
Each morning, when the sun rises, it brings with it a fresh beginning-a chance to start anew.
2 mins
December 15, 2025
The Business Guardian
ADB approves $108 mn loan to boost Mizoram's public healthcare system
The Asian Development Bank (ADB) has approved a USD 108 million results-based loan to support the Government of Mizoram in strengthening its public health care system and achieving universal health coverage.
1 mins
December 15, 2025
The Business Guardian
CBDT NUDGES TAXPAYERS AGAINST FAKE DEDUCTION CLAIMS USING DATA ANALYTICS
The CBDT has intensified its data-driven crackdown on bogus tax deduction claims, urging taxpayers to correct false filings linked to fake donations and intermediaries.
1 mins
December 15, 2025
The Business Guardian
FLIGHT CHAOS AND REGULATORY FAILURE: WHY INDIGO'S CRISIS DEMANDS ACCOUNTABILITY
India's largest airline, IndiGo, has cancelled over 1,000 flights earlier this month, resulting in thousands of passengers being stuck at key airports.
4 mins
December 15, 2025
The Business Guardian
Viksit Bharat Rozgar Yojana: How Tiruppur & Coimbatore Can Turn Employment into a Competitive Advantage
Tiruppur and Coimbatore together represent the industrial backbone of Tamil Nadu.
2 mins
December 15, 2025
The Business Guardian
Centre implements QCOs with MSME relaxations to protect domestic production
The Central Government has implemented Quality Control Orders (QCOs) in a manner with exemptions and relaxations for the Micro, Small, and Medium Enterprises (MSMEs) to ensure no disruption to the domestic production, said Union Minister Shobha Karandlaje in a written reply in Lok Sabha.
2 mins
December 15, 2025
The Business Guardian
REC Ltd verifies use of $500 million and ¥61 billion green bonds
REC Limited, a government-owned power sector company, has finished an independent check to confirm that the money it raised through its green bonds was used properly for environmentally friendly projects.
1 mins
December 15, 2025
The Business Guardian
UNDERSTANDING MORAL FOUNDATIONS THROUGH SACRED TEXTS
Religious scriptures have long served as a source of moral guidance and ethical instruction.
2 mins
December 15, 2025
Listen
Translate
Change font size