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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

Trump's energy plan poses climate threat to U.S. economy

Jun 23, 2016 10:31 am UTC| Insights & Views Nature Economy

Last December in Paris, the nations of the world agreed to an ambitious goal for greenhouse gas emissions: to bring net emissions to zero in the second half of this century. Their objective: to limit global warming to 1.5...

Climate Change Series

Can we harness bacteria to help clean up future oil spills?

Jun 22, 2016 12:46 pm UTC| Science Nature

In 2010 the Deepwater Horizon oil spill released an estimated 4.2 million barrels of oil into the Gulf of Mexico the largest offshore spill in U.S. history. The spill caused widespread damage to marine species, fisheries...

Climate Change Series

Catholic church starts small but is clearly thinking big on fossil fuel divestment

Jun 20, 2016 06:39 am UTC| Insights & Views Business

This weeks decision by four Australian Catholic orders to divest fully from fossil fuels can be interpreted as a direct response to the encyclical on the environment, issued by Pope Francis almost exactly a year...

Climate Change Series

Could 'nitrogen trading' help the Great Barrier Reef?

Jun 16, 2016 17:42 pm UTC| Insights & Views Business Nature

Among the increasing sums of money being pledged to help save the Great Barrier Reef is a federal government pledge to spend A$40 million on improving water quality. The Queensland government has promised another A$33.5...

Climate Change Series

Survey: more Australians want climate action now than before the carbon tax

Jun 16, 2016 05:39 am UTC| Insights & Views Nature

In April 2011, not long after Julia Gillard was returned to power in the 2010 federal election, I asked a representative sample of Australians about their attitudes to climate policy. Climate was a water-cooler issue at...

Future of Coal Series

Climate Change Series

India is hedging its bets on coal to bring power to the people

Jun 15, 2016 07:08 am UTC| Insights & Views Economy Nature

As the world moves to combat climate change, its increasingly doubtful that coal will continue to be a viable energy source, because of its high greenhouse gas emissions. But coal played a vital role in the Industrial...

Climate Change Series

22 ways to cut your energy bills (before spending on solar panels)

Jun 15, 2016 04:25 am UTC| Insights & Views Nature Law

Winter is here! Despite many Australians opting not to heat their homes to the point of complete comfort, many of us nevertheless will soon receive a nasty surprise when the energy bills arrive. With Australias...

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Economy

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Trump Unveils $3 Billion U.S. Critical Minerals Push

President Donald Trump announced roughly $3 billion in U.S. government investments and financing for critical minerals, battery materials and mining projects, part of a broader effort to strengthen domestic production and...

Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

Oil prices fluctuated on Friday and remained on course for sharp weekly declines as uncertainty surrounding a potential agreement to reopen the Strait of Hormuz continued to drive volatility across global energy markets....

Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

Politics

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...