Environment
EnvironmentLong live the all mighty US dollar as reserve currency, says China
Chinese Deputy Foreign Minister He Yafei said on Sunday the US dollar would continue to be the world's leading reserve currency for years to come. The announcement comes before this week’s summit of the Group of Eight in Italy.
IMO to Consider Ban on Heavy Fuel Oil in Antarctic Waters
Earlier this week we published the position of CLIA, Cruise Lines International Association on some of the possible effects of the heavy fuel oil ban in Antarctic water for the industry, if the initiative is passed and approved by the International Maritime Organization.
Antarctica heavy fuels ban effect on Falklands’ tourism to be impressed on London
The potential catastrophic effect of the Antarctic heavy fuel oil ban on the Falkland Islands economy is to be impressed on the British Government by Falklands’ politicians.
Chile looks to desalinization plants to supply water-short north
Chile’s Inter-ministry Committee of Hydro Resources thinks it has the solution for the water shortage problems facing the northern city of Copiapo (Region III).
Met Office forecasts heat wave in UK as of next Monday
Britain could experience a heat-wave next week, the Met Office and the Department of Health said on Friday. Temperatures could reach 32C (89.6F) in London on Monday and Tuesday, with other parts of the country also enjoying prolonged sunshine.
Argentina’s glacier continues to flourish in spite of global warming
Faced with daily headlines warning of the dire repercussions of global warming and the havoc in the planet’s polar regions, it may seem like something of an anomaly that Argentina's Perito Moreno glacier has continued to flourish in the face of such ostensible environmental calamity.
Clearing the Amazon for cattle and soy a “boom-bust cycle”
Cutting down Amazon forest for cattle and soy does not bring long-term economic progress, researchers say. A study of 286 Amazon municipalities found that deforestation brought quick benefits that were soon reversed.
Shell settles lawsuit in Nigeria to help “reconciliation process”
Royal Dutch Shell has agreed to settle a lawsuit accusing the firm of complicity in the executions of human rights activists in Nigeria for 15.5 million US dollars, revealed families of those killed. The settlement agreement came this week as the more than decade-long dispute was due to go to trial in a district court in New York.
World celebrates “one ocean, once climate, one future”
The world’s oceans generate most of the oxygen we breathe, supply us with food, regulate our climate, clean the water we drink, and offer a pharmacopoeia of potential medicines.
World airlines 'face $9bn loss'
The global airline industry has nearly doubled its expected losses for the year to $9bn amid what it calls an unprecedented crisis.
