Tag: economy

    Opinion: Reflections on a Post-Pandemic World

    In the light of the devastating coronavirus pandemic and its global responses, new trends are emerging in international markets, that are likely to disrupt the status quo and create a new world order, writes Jaykhosh Chidambaran for The Arabian Stories. *** Global geopolitics is often a zero-sum game. The COVID-19 pandemic has intensified political one-upmanship […]

    The British do not buy bags in stores because they save, not worry about the planet – research

    The decline in the use of disposable plastic bags in the UK is due to people’s desire to save, not to care for the environment. This is evidenced by a large study by the University of Nottingham Business School,  The Guardian reports. An analysis of nearly 1.3 million transactions showed that plastic bags are mostly […]

    Companies in the EU find it difficult to determine the percentage of “green” operations in their activities

    Many European companies are getting ready to tell investors how much revenue, capital investment and operating expenses are generated by activities that regulators consider environmentally friendly, WSJ states. Coming from January 1, the publicly listed EU business community with more than 500 employees who are subject to the EU Green Taxonomy Non-Financial Reporting Directive will […]

    How to prevent a global ecological catastrophe: Bill Gates’ plan
    03 Jan 2022

    Microsoft co-founder, philanthropist, and green energy investor Bill Gates recently released How To Avoid a Climate Disaster book. After spending ten years studying the causes of climate change, he developed a detailed plan for humankind to achieve zero CO2 emissions. Knife journalists have read an excerpt from this book, which was published in Time magazine, […]

    Damage from 10 of the worst natural disasters in 2021 exceeded $170 billion – report
    30 Dec 2021

    The world’s most damaging ten natural disasters in 2021 resulted in more than $170 billion in economic losses, The Hill reported, citing Christian Aid’s annual report. “The losses from climate change have been serious this year, both in terms of staggering financial losses and in terms of death and displacement of people around the world,” […]

    The European Commission introduced a package of bills to create a hydrogen market in the EU
    30 Dec 2021

    The European Commission has prepared a package of bills to decarbonize the European gas market and create a hydrogen market in the European Union in the context of implementing the Green Deal strategy. “With today’s proposals, we are creating the conditions for a green transition in our gas sector by encouraging the use of“ clean […]

    Investment in climate change technology skyrockets in 2021 – PwC
    29 Dec 2021

    Investments in companies developing technologies to combat the climate crisis increased to $87.5 billion in the first six months of this year, a new study by PwC showed. Thus, the growth was 210% compared to $24.8 billion in the same period a year earlier, according to a study by the State of Climate Tech 2021. […]

    Al Bithnah Nature and Heritage Trail inaugurated in Fujairah
    28 Dec 2021

    Etihad Rail, Emirates Nature-WWF, Fujairah Municipality, the Fujairah Environment Authority and Fujairah Adventures Centre, supported by Fujairah Tourism and Antiquities Authority, inaugurated the historic Al Bithnah Nature and Heritage Trail in the Emirate of Fujairah, in celebration of the UAE’s Golden Jubilee. The emirate’s 50th nature trail, which marks the UAE’s 50th anniversary, is the […]

    World raw material prices have risen steadily in 2021

    The dynamics of commodity markets remained volatile this year: prices for wheat, coffee, sugar, wood, and energy rose steadily, while gold prices fell despite accelerating inflation. The cost of coffee in 2021 has doubled amid adverse weather conditions in Brazil, which destroyed most of the crop, writes MarketWatch. “There was a terrible drought, and then […]

    RTA’s Hackathon opened at Expo 2020 Dubai

    Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors, Roads and Transport Authority (RTA), has opened RTA’s Hackathon at Expo 2020 Dubai, WAM reports. The hackathon discussed three key topics relating to economic growth, community happiness, and envisioning the future. 25 experts and specialists from pavilions of countries participating in Expo […]