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Sun, Jan 17, 2021 03:39 PM All times are UTC Edition :

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Climate Change Series

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The climate change has a price tag and it could be expensive for the world, the increasing greenhouse gas emissions will exert a growing economic impact on countries leading to price rises, slow-paced technological changes, and slow growth in per-capita incomes. In this exclusive series, we highlight the various climatic and growth scenarios, analysis of economic and environmental costs, damaging eco-systems, changes in socio-economic structures and living situations.

Climate Change Series

S. Korea allocates 30 trillion won to promote green energy, digital exports

Jan 13, 2021 15:46 pm UTC| Economy Business

South Korea will allocate 30 trillion won in trade financing to expand outbound shipments in green and digital sectors from $180 billion in 2019 to $250 billion in 2025. Exporters in such fields could also avail of...

Climate Change Series

Bank of America, 19 others urged to address pollution in lending to plastics firms: report

Jan 10, 2021 09:42 am UTC| Business

A report by research network portfolio.earth revealed that Bank of America Corp, Citigroup Inc, and JPMorgan Chase Co provided the most financing to plastics firms without imposing any pro-environment due diligence or...

Climate Change Series

Ships moved more than 11 billion tonnes of our stuff around the globe last year

Nov 18, 2020 03:46 am UTC| Economy

The shipping of goods around the world keeps economies going. But it comes at an enormous environmental cost producing more CO₂ than the aviation industry. This problem should be getting urgent international attention and...

Climate Change Series

Biden’s stance against fossil fuels didn't turn away voters in Pennsylvania and other key states

Nov 10, 2020 05:49 am UTC| Politics

The United States election results have been a nail-biter that many polls did not predict. After days of uncertainty, the votes have tipped in favour of Joe Biden, and the U.S. president-elect has since kicked off his...

Climate Change Series

European oil firms struggle to meet UN climate goals

Oct 09, 2020 00:08 am UTC| Business

None of Europes 59 major oil companies, including BP and Royal Dutch Shell, are on track to meet the Paris Agreements goals on limiting global warming. BP is the least aligned among the European firms, not even meeting...

Climate Change Series

Why some green policies can actually harm progress on climate change

Feb 04, 2020 13:06 pm UTC| Insights & Views

Youd be forgiven for thinking that businesses are racing ahead in the green transition. After all, big corporations like Sainsburys and Microsoft have made public announcements about going carbon neutral, or even carbon...

Climate Change Series

Media 'impartiality' on climate change is ethically misguided and downright dangerous

Feb 03, 2020 12:31 pm UTC| Insights & Views

In September 2019, the editor of The Conversation, Misha Ketchell, declared The Conversations editorial team in Australia was henceforth taking what he called a zero-tolerance approach to climate change deniers and...

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Economy

JPMorgan leans on trading, investment banking to boost profits

JPMorgan Chase Cos net income rose to $12.1 billion, or $3.79 per share, in the quarter ended Dec. 31, from the previous years $8.5 billion, or $2.57 per share. The performance also surpassed its expected earnings of...

Xi Jinping urges Starbucks and its chairman emeritus Howard Schultz to help improve US-China ties

Xi Jinping, the president of the Republic of China, reportedly called on Starbucks to help patch things up and restore its ties with the U.S. To be more exact, the Chinese president was said to have asked the former CEO of...

French govt opposes foreign group's takeover of Carrefour

France is opposing any takeover of retailer Carrefour by a foreign company to preserve its food security and sovereignty, said French Finance Minister Bruno Le Maire. According to Maire, the acquisition by a foreign...

Electric car sales in China reportedly skyrocket by 10%

The electric car market in China is growing, and in fact, it was reported that the country achieved a 10% increase in its EV sales last year. The data was only revealed this week as the computation of sales cant be...

S. Korea approves Netherlands-based brokerage IMC to do business locally

Netherlands-based brokerage house IMC was green-lighted by the Financial Services Commission (FSC) to operate a financial investment and brokerage business in South Korea on the condition that its subsidiary serves as a...

Politics

World War 3: Report reveals 2020 as the "darkest" time for human rights in China

Tensions among certain countries remain even as the world faces an ongoing pandemic and economic collapse. These tensions could also spark a world war 3 type of situation including a report that reveals what 2020 meant for...

Donald Trump impeached by House for the second time

The attempt to pressure Ukraine into digging up dirt on Joe Biden and his son Hunter Biden led to Donald Trump getting impeached in 2019. In his final days as president, Trump has been impeached by the House the second...

Donald Trump humiliated: Former Australian Prime Minister Malcolm Turnbull blasted for Capitol riots

The world was shaken by the insurrection done by rioters in support of Donald Trump at the Capitol that has forced world leaders to speak out. This also includes former Australian prime minister Malcolm Turnbull, who...

Joe Biden foreign policy: POTUS-elect inherits diplomatic conflicts left by outgoing administration

It is no secret that president-elect Joe Biden will inherit a lot of problems either created or unresolved by the Trump administration. However, recent moves in foreign policies by the outgoing administration may be left...

Joe Biden inauguration: POTUS-elect will no longer take Amtrak to ceremony out of security concerns

President-elect Joe Biden is known for his preference of taking the Amtrak train from his home in Delaware and to Washington over the years. However, in his upcoming inauguration, Biden may not be able to take the train to...

Science

Yellowstone volcano: USGS warns of possible eruption

Many scientists are keeping watch over the activity occurring in the Yellowstone volcano because of its potential to inflict large-scale damage in the United States. Now, scientists at the USGS have now warned of a...

Mars mission: NASA scientist says Martians can help humans live on Red Planet

Being able to live on Mars is one of the goals that space agencies all over the world have when it comes to exploring the red planet in future Mars missions. Although it may take a while to figure out how we may be able to...

Black holes: Albert Einstein's theory may save Earth from wandering black holes

Black holes are one of the most mysterious objects in the universe and were first brought up by renowned scientist Albert Einstein. With the possibility of wandering black holes being able to consume our own planet, the...

Asteroid alert: 16-meter space rock to pass by Earth on New Year weekend

With days to go until the Earth completes another year around the Sun, it appears that the universe also has plans to celebrate the new year along with us. An asteroid is set to pass by our planet a few days after the new...

Four ways microbial fuel cells could revolutionise electricity production in the future

The world population is estimated to reach 9.5 billion by 2050. Given that most of our current energy is generated from fossil fuels, this creates significant challenges when it comes to providing enough sustainable...

Technology

First 'Resident Evil Village' gameplay trailer premieres on Jan. 21

The year 2021 is going to be significant for the gaming world as more titles launching on next-gen consoles are scheduled to launch in the coming months. Part of that list is Resident Evil Village, and fans are going to...

PS5 restocks available on Jan. 15 via Sony Rewards

PlayStation fans are getting another chance at finally scoring a unit of the new-gen console PlayStation 5 this week. Sony announced that it has a scheduled restock before the weekend. Where to look for the next PS5...

Signal, Telegram record higher app downloads than WhatsApp over the last week

WhatsApps privacy policy changes have sparked discussions on the types of user data being collected and how messaging apps handle them. The discussions have likely helped Telegram and Signal gain momentum in app downloads...

Netflix could add spatial audio support by spring 2021, report claims

Netflix could be joining other streaming platforms in offering spatial audio support to users with the necessary devices. The upcoming feature was reportedly being testing and planned to be released within the first half...

Samsung Galaxy SmartTag ships on Jan. 29, followed by SmartTag+ ‘later this year’

Samsung just announced a series of tracking devices with two variants using different types of wireless connections. First to launch this month is the Galaxy SmartTag that will be an apparent Tile tracker competitor....