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News & Updates

June 29, 2018 SENATE PASSES BIPARTISAN FARM BILL FREE OF ANTI-SUSTAINABILITY AMENDMENTS

Source: US PIRG

WASHINGTON - This afternoon, the U.S. Senate passed a Farm Bill free of several anti-sustainability and anti-health provisions that were included in the House version, by a vote of 86 to 11. Kara Cook-Schultz, U.S. PIRG Toxics...

June 29, 2018 China’s “debt trap” is even worse than we thought

Source: Quartz

An egotistical president, an influx of foreign cash, and a massive pile of debt led to Sri Lanka handing over an entire port to China in December 2017, on a century-long lease.

June 28, 2018 Disney wins antitrust approval to purchase most of Fox

Source: CNN

The US Justice Department has agreed to a settlement with Disney that will allow it to purchase most of 21st Century Fox's assets.

June 28, 2018 European shares fall as European Union summit dampens mood

Source: Economic Times

Having clawed back some ground on Wednesday, the pan-European STOXX 600 and Germany's trade-sensitive DAX were down 0.4 and 0.6 per cent by 0850 GMT, with technology and financial shares the biggest drags. Tech stocks were the...

June 28, 2018 Nestlé Offered Permit To Continue Taking Water From California Stream

Source: NPR

The U.S. Forest Service has offered Nestlé a three-year permit to continue drawing millions of gallons of water from the San Bernardino National Forest.

June 28, 2018 China says WTO commitment was never end-goal, to keep opening up

Source: Reuters

BEIJING - The Chinese government said in a white paper on Thursday that China will take steps to further open its economy, and that fulfilling World Trade Organization (WTO) entry commitments has never been the end-point of the ...

June 28, 2018 Selloff Deepens in Final Hour of Trading

Source: The Street

Stocks extended their losses in late trading on Wednesday, June 27, after rising earlier in the session following indications from the White House that it wouldn't aim to block companies with at least 25% Chinese ownership from...

June 28, 2018 US crude surges 3.2% on supply concerns, settling at $72.76, best closing price since Nov 2014

Source: CNBC

Oil prices rose to their highest level since November 2014 on Wednesday after a bigger-than-expected drop in U.S. crude stockpiles added to a rally fueled by a major Canadian supply outage, concerns about Libya's exports and...

June 28, 2018 Tropical Forests Suffered Second-Worst Loss Of Trees On Record Last Year

Source: NPR

About 39 million acres of tree cover disappeared in 2017 – an area the size of Bangladesh – according to data released Wednesday by the World Resources Institute. That amounts to 40 football fields every minute for a whole year,...

June 28, 2018 Bank’s red light warning for EU on lack of Brexit progress

Source: BBC

The Bank of England says the UK has made positive "progress" on handling financial services risks around the UK's departure from the European Union.

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