Just one in five of people in western economies like France, Germany, the UK and the US agree that corporations can be trusted with their global workforce, according to a new poll commissioned by International Trade Union Confederation.
Environmental groups and organizations are lobbying to derail Royal Dutch Shell PLC's plan to drill in the Arctic Ocean as soon as July. The Bureau of Ocean Energy Management, an agency within the U.S. Department of the Interior, gave conditional approval in May to Shell's resumption of fossil fuel exploration in the Arctic, which was paused after a mishap-filled 2012 season.
The British embassy in Santiago participated in Chile's annual National Heritage Day, enabling hundreds to visit the official Residence and at the same time launched a month of activities to commemorate the 800th anniversary of the sealing of the Magna Carta on 15 June 1215.
With many of the earth’s ecosystems nearing “critical tipping points,” the United Nations invited each of the seven billion people on the planet to mark this year’s World Environment Day by making one change towards a more responsible consumption of resources – “be it refusing to buy single-use plastic bags or riding a bike to work.”
We join the rest of the world to celebrate World Environment Day from glorious Punta del Este, Uruguay, where we are currently meeting at the 12th Conference of the Contracting Parties to the Ramsar Convention on Wetlands. The Contracting Parties have gathered and are very hard at work, to define a new Strategic Plan that will guide our commitment to conserve and wisely use the world’s wetlands, over the next six years from 2016 to 2021.
Crude oil prices were volatile after ministers from the Opec cartel decided to hold production levels at 30 million barrels per day. Brent crude traded in a narrow range around $62 a barrel, before ending the day up 1.8% at $63.15.
The Treasury of South Georgia & South Sandwich Islands have launched a crown coin which marks the 30th anniversary of the territory’s granting of a Coat of Arms by Royal Ascent. The Coat of Arms of South Georgia and South Sandwich Islands was granted in 1985, upon the formal creation of the territory.
Major food commodity prices declined again in May, hitting an almost six-year low as cereal prices fell substantially amid a favorable outlook for this year's harvests. The FAO Food Price Index averaged 166.8 points in May, down 1.4% from April and as much as 20.7% from a year earlier.
Food group Nestle has withdrawn Maggi noodles from sale in India due to an environment of confusion for consumers, following a food scare sparked by reports of excess lead in some packets of the popular instant snack.
In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Recently, the US has passed sanctions on countries such as Syria, Venezuela and North Korea, but the majority of energy related sanctions passed have been targeted at Iran and Russia.