On Friday, the London Bullion Market Association, which regulates the United Kingdom capital’s metals market, suspended Emirates Gold DMCC’s affiliate membership after conducting a review. Two of the ultimate beneficial owners of Emirates Gold are relatives of Zimbabwean businessmen Simon Rudland and Howard Baker, according to Bloomberg sources familiar with the UAE decision. A documentary...
Category: Hot Topics
New Study: Climate Change To Push Countless Species Over Abrupt Tipping Points
recent study led by a University College London researcher, published in Nature Ecology & Evolution, reveals that climate change could suddenly thrust species beyond critical thresholds as they encounter unanticipated temperatures within their geographic habitats. The study forecasts the timeline and locations where species worldwide may be subjected to potentially dangerous temperature changes due to climate change. The research team...
US refuses climate reparations for developing nations
The US says it will not “under any circumstances” pay reparations to developing countries hit by climate change-fuelled disasters. Climate envoy John Kerry made the remarks at a Congress hearing before flying to China to discuss the issue. Some countries want major economies – which produce the most greenhouse gases – to pay for past...
Study: The ocean’s color is changing as a consequence of climate change
The color changes reflect significant shifts in essential marine ecosystems. The ocean’s color has changed significantly over the last 20 years, and the global trend is likely a consequence of human-induced climate change, report scientists at MIT, the National Oceanography Center in the U.K., and elsewhere. In a study appearing today in Nature, the team writes...
Why is climate denial still thriving online?
Record global temperatures on July 3 kicked off the hottest week ever recorded as intense heat waves gripped the planet. Climate scientist Friederike Otto, of London’s Grantham Institute for Climate Change and the Environment, called the heat “a death sentence for people and ecosystems.” Yet, the next day, a political journalist in the United Kingdom, Isabel Oakeshott,...
Treasury Targets Actors Involved in Production and Transfer of Iranian Unmanned Aerial Vehicles to Russia for Use in Ukraine
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning firms involved in the production or ongoing transfer to Russia of Iranian unmanned aerial vehicles (UAVs), which Russia has used in devastating attacks against civilian infrastructure in Ukraine. OFAC is designating Shahed Aviation Industries Research Center, the firm responsible...
Underground Climate Change Is Weakening Buildings in Slow Motion
The streets, sidewalks and roofs of cities all absorb heat during the day, making some urban areas up to six degrees Fahrenheit hotter than rural ones during the day—and 22 degrees F hotter at night. These “urban heat islands” can also develop underground as the city heat diffuses downward, beneath the surface. And basements, subway...
Can Africa pursue economic development without relying on fossil fuels?
As the global climate emergency intensifies, the question arises: Can Africa pursue economic development without relying on fossil fuels? While many African countries heavily depend on oil and gas exports, the continent experiences the harshest impacts of climate change despite contributing only 3% of global CO2 emissions. The need for decarbonization is evident, with South...
Climate change challenges hydropower-dependent Austria
High in the Austrian Alps, hundreds of construction workers toil in a huge underground project aimed at storing hydropower as climate change has reduced the country’s water-dependent electricity production. Austria draws more than 60% of its electricity output from the renewable energy source, compared to a global average of 16%, with more than 3,100 dams...
Peril and privilege: gay expat nightlife in Dubai
Ryan Centner overcame significant challenges to investigate how Western gay men living in Dubai use their economic, social and cultural privileges to create communities where they can meet and socialise. Homosexuality is illegal in Dubai, so gay men technically risk deportation, imprisonment and even the death penalty. How can a sense of belonging be forged...