October 11, 2007 | ![]() |
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Walker's World: Fixing global finance![]() The global economy is under new management, if those somewhat battered institutions the World Bank and the International Monetary Fund may be said to play such a managerial role. Certainly nobody else is doing the job. The Group of Seven finance ministers' meetings hardly qualify. So long as they exclude the finance ministers of key emerging markets like China, India and Brazil, they ar ... more Global warming driving up humidity levels ![]() Man-made global warming is driving up humidity levels, with the risk that rainfall patterns will shift or strengthen, tropical storms intensify and human health may suffer from heat stress, a study released on Wednesday said. From 1976 to 2004, when the world's average surface temperature rose 0.49 degrees Celsius (0.9 degrees Fahrenheit), global levels of atmospheric water vapour rose 2.2 p ... more The Difference Between Fish And Humans: Scientists Answer Century-Old Developmental Question ![]() Embryologists at UCL (University College London) have helped solve an evolutionary riddle that has been puzzling scientists for over a century. They have identified a key mechanism in the initial stages of an embryo's development that helps differentiate more highly evolved species, including humans, from less evolved species, such as fish. The findings of the research, funded by the Biotechnolo ... more China has 106 billionaires compared with only 15 last year ![]() China now has 106 billionaires, seven times as many as last year, according to a list published Wednesday that underlined the rapidly growing economic muscle of the Asian giant. Yang Huiyan, a 26-year-old female property developer, topped the list with a net worth, mostly inherited, of 130 billion yuan (17.3 billion dollars), according to the website of Hurun Report, a Shanghai-based magazin ... more Life's Hot Spot ![]() Using a new analytical technique called "454 tag sequencing," the scientists surveyed one million DNA sequences of bacteria and archaea, two of the three major domains of life. The DNA was taken from samples collected from two hydrothermal vents on the Pacific deep-sea volcano, Axial Seamount. The researchers discovered that while there may be as few as 3,000 different kinds of archaea a ... more |
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![]() ![]() The leaders of Poland and Lithuania Wednesday dismissed suggestions that a dispute over sharing output from a new nuclear power plant was hampering a related accord on linking their power grids. Lithuanian President Valdas Adamkus, speaking after a meeting with his Polish counterpart Lech Kaczynski, said that they "came to the commitment that the electric bridge has to be built, and will be ... more EA And BP Collaborate To Include Climate Education In SimCity Societies ![]() Electronic Arts and BP have collaborated to include climate change education within SimCity(TM) Societies, the next iteration in the genre-defining city-building franchise that has sold more than 18 million games to date. The collaboration brings together world-class game building skills and industry expertise on energy, electricity production and greenhouse gas emissions to highlight the impact ... more Australia approves 17.8-billion-dollar Gorgon gas project ![]() The Australian government gave a green light Wednesday to the 20-billion-dollar (17.8-billion-US) Gorgon gas development after imposing strict conditions designed to protect endangered species. The decision allows Gorgon joint venture partners Chevron, ExxonMobil and Royal Dutch Shell to build a liquefied natural gas plant on Barrow Island, a nature reserve about 70 kilometres (44 miles) off ... more Analysis: PDVSA to increase ranks ![]() Venezuelan President Hugo Chavez said he wants to increase the workforce of state-run petroleum company PDVSA by 35 percent in the coming year, a move some say is an effort to increase the government's hold on the country's oil and gas industry and win additional political support ahead of a key vote. Chavez said he would like to expand PDVSA's workforce from 75,000 workers to nearly 10 ... more Analysis: Iraqi Kurds make oil sales pitch ![]() The Kurdistan Regional Government is offering the global oil industry its first and, so far, only chance at entering the Iraqi crude sector. Despite anger in Baghdad, the KRG plans to sign even more controversial oil deals and is waving the "For Sale" sign proudly. "We have many opportunities to excite you," KRG Natural Resources Minister Ashti Hawrami told United Press International wh ... more |
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![]() ![]() As the violence in Darfur continues to capture international headlines, and as heads of state from all over the world gathered at the United Nations for a high-level event on climate change, the link between the environment and the violence in Darfur grows stronger. Last week the U.N. Environment Program held a briefing on its recent report, "Sudan: Post-conflict environmental assessmen ... more Officials brace for Indonesia volcano eruption ![]() Indonesian officials in two districts on the slopes of a volcano on Java island have been put on standby -- with all leave cancelled -- because of a potential eruption, officials said Tuesday. The order, which means they should not leave the districts, was issued "so evacuation and relief efforts can proceed smoothly," said Agus, spokesman for one of the two areas who like many Indonesians g ... more US settles record environmental suit against power firm ![]() In a record-breaking environmental settlement, a US power company accused of endangering millions of people has pledged to slash its emissions of acid-rain gases, officials said Tuesday. The government said its deal with American Electric Power, one of the nation's biggest coal-fired electricity producers, would reduce respiratory diseases and ground pollution across the eastern United State ... more China's top cadres meet ahead of crucial five-yearly Congress ![]() China's Communist Party chiefs met here Tuesday to finalise preparations for a crucial five-yearly gathering during which President Hu Jintao is expected to tighten his grip on power. The party's central committee of around 350 members opened a plenary session in Beijing, the official Xinhua news agency announced, ahead of the Congress of more than 2,000 top cadres that begins next Monday. ... more Greenpeace aims to expose Indonesian forest destruction ![]() Environmental activists Greenpeace said Tuesday they have sent dozens of activists to Sumatra to collect evidence of the continued destruction of Indonesia's fast-dwindling forests. "We set up a forest defenders camp prior to a climate change conference in Bali (in) December to bring the global attention to the problem of forest destruction and deforestation in Indonesia," Greenpeace forest ... more
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