- Alberta, Canada's oil-rich province, has implemented a seven-month moratorium on new wind and solar projects.
- The pause has raised concerns from the renewables industry, which fears it will undermine the fast-growing sector.
- Alberta wants to study the impact of renewable projects on the power grid, the environment, and the province's viewscapes.
- The moratorium puts 80 projects worth approximately $15 billion at risk.
- The move complicates the Canadian government's efforts to lower carbon emissions from the electricity grid.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec