Finance & Politics

This Category will focus on how nations are dealing with the changing climate. What steps are being taken by the Nations of the world. How new kind of politics and diplomacy coming to existence. And what’s happening in the economic sector to make earth livable and beautiful.

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Trump’s US notifies UN of Paris climate deal pullout

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The Trump administration has formally told the United Nations that the US expects to pull out from the 2015 Paris climate agreement. The State Department portrayed its communication as a “strong message” to the world, after Donald Trump’s choice in June to leave the pact. However, it’s been learned that the move was played down by Nigel Purvis, who coordinated ...

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Petronas pulls out from its massive natural gas project in Canada

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Petronas said Tuesday it was hauling out of its Can$36 billion ($28.8 billion US) melted flammable gas trading venture on Canada’s west coast since quite a while ago opposed by local rights activists and environmentalists. The Pacific NorthWest LNG project was greenlighted in September to fabricate a pipeline and two melted petroleum gas terminals on Lelu Island, British Columbia, a ...

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G19 Vs G1: The New Climate Battle

A group of countries including Germany and France, and oil giants Russia-Saudi Arabia are set to muster what seems to be a joint defense against the Trump administration on the issue of the Paris Climate Accord. Now the question is, who will win? Observers watch with keen eyes as the major economies gather up for the G20 Summit in Hamburg, Germany. ...

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US pullout gives ‘global push’ to Paris climate Accord: UN chief

When President Donald Trump withdrew the US from the Paris Climate Agreement on June 1, there has occurred a lot criticism. The USA actually comes second in producing greenhouse gases, China being the first. The President’s decision has made other governments to reaffirm their commitments on climate change. Countries like China and India are crucial for the success of the Paris ...

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Climate Change Could damages US economy, Intensify Inequality

Not only does it harm the environment, but climate change could have a strong negative impact on the US economy as well, and even that by as much as 20% drops in income if current trends continue, according to a study published in the Journal Science on Thursday. Public Policy professor Solomon Hsiang, principal author of the study says that large-scale ...

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EU In Potential Collision With Trump Over Climate Issue

Top leaders of the European Union vowed on Thursday to defend the climate accord made in the climate summit held in Paris in December, 2015. This puts them in direct collision with the new American president Donald Trump and his administration. The leaders of Germany, France, Italy and other big shot EU economies in spite of having long standing ties with Washington ...

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Climate change wars are coming and building walls won’t help, top general warns

According to Major General Munir Muniruzzaman, chairman of the Global Military Advisory Council On Climate Change (GMACCC), climate change could potentially spark major wars between the nations “completely distabilising” the world and forcing millions of people to become refugees. And countries with “narrow nationalistic instincts” that are preventing refugee access by building walls will only add up to the problems. He ...

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Trump Administration removes climate change language from news release

A group of scientists, 3 of them working for the US Geological Survey published a paper on Thursday. The paper highlighted the link between sea level rise and global climate change, claiming that previous studies have undermined the risk imposed on coastal communities due to flooding. Three of the authors are now claiming that a line that discussed the role ...

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US Military Is One of the World’s Biggest Polluters

The US Naval station in Virginia Beach had spilled an estimated amount of 94,000 gallons of jet fuel into a nearby waterway situated less than a mile from the Atlantic Ocean, last week. Apparently the news seems to be somewhat overlooked by the mainstream media and news agencies. Producing more hazardous waste than the five largest U.S. chemical companies combined, the U.S. ...

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Russia covered up nuclear disaster four times worse than Chernobyl

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A newly revealed secret report has unearthed some devastating facts about Russian nuclear testing in the 1950’s. One of them is 4 times worse than the infamous Chernobyl Mishap. The report commissioned during the Cold War sheds light on a detonation in Kazakhstan that  affected 100,000 people & more than 600 of them had to be hospitalised. The aftermath of ...

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