Thursday, April 21, 2016
ROME, Apr 21 (IPS) - On the 17th of April, Italians were called to vote in a national referendum, on the extension of licenses to extract petrol and gas from the seas. The government, the media and those in the economic circles, all took a position against the referendum, claiming that 2000 jobs were at a stake. The proponents of the referendum (among them five regions), lost. Italy is following a consistent trend, after the Summit on Climate Change (Paris December 2015), in which all countries (Italy included) took a solemn engagement to reduce emissions.
Tuesday, April 19, 2016
Monday, April 18, 2016
DOHA, Qatar, Apr 18 (IPS) - Thanks to tensions between Saudi Arabia and Iran, major oil producers couldn't come to an agreement in Doha to freeze their output to January levels to raise oil prices. The current low oil prices have a lot to do with the grim outlook for global economic growth while supply is growing. China, the second largest economy in the world, is slowing down. Not surprisingly, global oil demand is much lower at 94.8 million barrels a day vis-à-vis supply of 96.3 million barrels a day in the first quarter of 2016 according to the International Energy Agency.
Saturday, April 16, 2016
ASUNCION, Apr 16 (IPS) - "There were cases of people who stopped coming to work after receiving their first wages and then came back a few days later to ask if there was more work," because they were used to casual work in the informal economy, said Ivonne Ginard.
Thursday, April 07, 2016
VAVUNIYA, Sri Lanka, Apr 07 (IPS) - Sri Lanka is facing the heat from a scorching sun for the past one month. In recent times, the country has imposed power cuts after almost a decade. The main reason was the stoppage at a coal power plant, but engineers at the Ceylon Electricity Board (CEB) admit that the island's hydro-power generation capacity is at such a critical low that without additional coal, diesel and renewable generation, the country's full demand for power cannot be met.
Friday, April 01, 2016
WASHINGTON DC, Apr 01 (IPS) - On March 29, Papua New Guinea became the first country to formally submit the final version of its national climate action plan (called a "Nationally Determined Contribution," or NDC) under the Paris Agreement. The small Pacific nation's plan to transition to 100 percent renewable energy by 2030 is no longer just an "intended" nationally determined contribution (INDC) – it is now the country's official climate plan.
Thursday, March 31, 2016
ADDIS ABABA, Ethiopia, Mar 31 (IPS) - Billions of dollars of aid has been pumped into Africa. Yet effective change too often remains an elusive outcome, leading to a vicious cycle: more needs, more aid but still little change. How to resolve this seemingly intractable dilemma?
Saturday, March 19, 2016
AÃ‘ELO, Argentina, Mar 19 (IPS) - The dizzying growth of Añelo, a town in southwest Argentina, driven by the production of shale oil and gas in the Vaca Muerta geological reserve, has slowed down due to the plunge in global oil prices, which has put a curb on local development and is threatening investment and employment.
Thursday, March 17, 2016
Lund, Sweden, Mar 17 (IPS) - The EUropean Union – a criminal?
The EU that has peace as it's top goal and received Nobel's Peace Prize?
The EU with Schengen and Dublin?
Wednesday, March 16, 2016
MADRID, Mar 16 (IPS) - Besieged by US, UK, French, Russian and Syrian war crafts and ground intelligence, both in Syria and Iraq, the Islamic State of Iraq and Levant (Daesh from its original acronym in Arabic) has reportedly been searching for a new base in the North of Africa, specifically in Libya, in what has been called the "Colombian Triangle."
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