In a significant development, the European Parliament has approved its biggest reform on farm subsidies in decades in a vote that switches cash to smaller farmers and rewards sustainable farming methods. Earlier its Common Agricultural Policy (CAP), had draw criticism… Read More ›
Sustainability
Australia eases international travel for fully vaccinated travelers from Dec 1, 2021
On Monday, Australian Prime Minister Scott Morrison said, international tourists will be able to enter Australia from December 1; the development marks the restart of international travel to the country, boosting its economy. In May 2020, Australia shut its international… Read More ›
Next Week Could Be The Worst For Bitcoin In Months Due To Impending Mt Gox Payouts
With traders and investors booking profits following a long rally and amid fears among them that their payments may be liquidated by the creditors of collapsed crypto exchange Mt Gox, the value of bitcoin dropped on Friday to a one-month… Read More ›
While The World Narrows Pandemic Package, Japan Will Launch Record Stimulus Package
On Friday, Japan is expected to unveil a record $490 billion expenditure plan to help offset the economic impact of the COVID-19 outbreak, defying a worldwide trend of removing crisis-mode stimulus measures and putting more stress on the country’s already… Read More ›
Latest data shows Brazilian government has accelerated the course of the Amazon’s destruction: Mauricio Voivodic
According to the Brazilian government’s annual report, deforestation in the Amazon rainforest soared by 22% in a year to its highest level since 2006, undercutting President Jair Bolsonaro’s assurances that Brazil is curbing illegal logging. Brazil’s space research agency, INPE,… Read More ›
Royal Dutch Shell undertakes major steps, to relocate HQ to London, simplify corporate structure, to be known as Shell Plc
In a statement Royal Dutch Shell said, it would do away with its dual share structure and relocate its headquarters to Britain from the Netherlands. The development comes at a time when the oil giant is facing increasing climate pressure in… Read More ›
Best protection for everyone is to get booster doses: Boris Johnson
In a statement British Prime Minister Boris Johnson said, at the moment he sees no need to move the UK to “Plan B” of vaccine passes, mask mandates, and work from home orders, despite rising COVID-19 cases in parts of… Read More ›
9.4% Fall In Auto Sales In China In October, Says Industry Body
The protracted worldwide scarcity of semiconductor chips was instrumental in vehicle sales in China declining in October, which was a drop for the sixth straight month, with a 9.4 per cent year on year fall in sales, shoed data from… Read More ›
Chips Shortage Is A Greater Concern Than Covid-19 For Daimler Truck CEO
The global semiconductor shortage is a cause of greater worry compared to the economic impact of the Covid-19 pandemic for Daimler Truck CEO Martin Daum. “I’m more concerned about semiconductors than Covid at the moment,” Daum said in a television… Read More ›