In a significant development, the U.S. Department of Agriculture stated, it will be funding a $1 million research project to identify how COVID-19 could potentially enter the nation’s beef supply chain, starting from cattle in farms to packages of meat… Read More ›
Sustainability
Food safety and sovereignty: companies commit themselves to Europe
Agriculture has always been one of the pillars of the European economy thanks to a long agricultural tradition, as well as natural, infrastructural and human-related advantages. The industry is developing constantly, with EU trade in agricultural products more than doubled… Read More ›
Debt pile of China’s Evergrande Group poses systemic risk to China’s social and economic fabric
Over burdened with a pile of debt, China’s second biggest property developer, Evergrande Group, is desperate for government support for a restructuring plan that has been waiting for four years, and has warned that it faces a cash crunch that… Read More ›
Ascertaining Supply Chain Deforestation: Unilever Using Geolocation Data And Satellite Imagery
In order to understand exactly form where it’s the raw material for its products, which range from ice creams to deodorant, come from, Unilever is making use of a combination of advanced satellite imagery and geolocation data. According to Marc… Read More ›
Record $920 Million Fine Over Money Laundering Scandal Slapped On Australian Bank Westpac
A record-breaking penalty of almost $1 billion will be paid by Westpac, one of Australia’s largest banks. The charge against the bank is that if has systematically allowed money laundering on its watch. An agreement for a 1.3 billion Australian… Read More ›
World Bank’s International Finance Corporation adopts climate change specific financing, aims to reduce financing for coal to zero by 2030
In a significant development, the World Bank’s private-sector arm has introduced new climate change specific conditions, which encourages commercial banks and other financial lenders to wind down support for coal projects in Asia and Africa. The International Finance Corporation (IFC),… Read More ›
U.S.-China Bilateral Tensions Force Investments To Fall To Nine Year-Low
A research report shows that in the first half of the current year, investment between the United States and China have dropped to a nine-year low because of the bilateral tensions between the two countries with possibility of more Chinese… Read More ›
Leaked Documents Suggest $2tn Of Corrupt Money Could Have Passed Through The US Financial System
An international group of investigative journalists has been provided with thousands of documents that provide details of money worth about $2 trillion that potentially was amassed through corrupt means and had passed through the financial system of the United States…. Read More ›
Europe’s Hope Of “V” Shaped Economic Recovery Fading With Resurgence Of Pandemic
With the number of daily coronavirus infections continuing to rise rapidly, it is likely that more restrictions on public life in the coming days will be imposed by European countries, according to analysts. “Expect lots more restrictions over the days… Read More ›
Fish Skins Being Turned To Leather Targeted At Luxury Market By French Firm
Fish scales that would generally find their way into trash cans at restaurants or those of the fish markets is being collected by a French company. The news agency Reuters reported that the firm is turning the fish scales into… Read More ›