David Mark/Pixabay

Hurricanes are becoming bigger, stronger and more dangerous

WNM | Nov 12, 2019 at 10:17 AM

A new study shows that hurricanes have become more destructive since 1900, and the worst of them are more than 3 times as frequent now than 100 years ago. Global warming has the effect that there is an increase in the force released in the most extreme hurricanes.

EU governments remain divided on ending fossil fuel funding

WNM | Nov 12, 2019 at 9:48 AM

The European Investment Bank (EIB) is seeking approval to end its financing of oil, gas, coal projects. However, some EU countries are cautious about the plan because they want to protect jobs and energy security.

Plant-based meat consumption is rapidly growing, study reveals

WNM | Nov 11, 2019 at 11:32 AM

In its latest “Future of Food Q”-series, UBS forecasts the coming revolutions in plant-based meat and gene editing. Two thirds of the surveyed consumers have not yet tried plant-based meat, but UBS forecasts the global plant-based market to grow to $50 billion by 2025.

Tourists at Forbidden Temple (pexels.com/Sabel Blanco)

China issues guideline on improving business environment for foreign investors

WNM | Nov 11, 2019 at 9:34 AM

China’s State Council has issued a guideline on better using foreign investment with a focus on safeguarding the national treatment of foreign-funded enterprises. The guideline puts forward 20 policies in four aspects to create a more “fair, transparent and predictable” business environment for foreign investors.

Worried by climate change, EU moves to end fossil fuel funding

WNM | Nov 10, 2019 at 12:05 PM

The European Union should phase out its funding of oil, gas and coal projects, EU finance ministers said in a joint statement on Friday, in a move that could mark a major shift in the bloc’s efforts to combat climate change.

Brazil unveils reform package to tackle huge fiscal deficit

WNM | Nov 6, 2019 at 12:33 AM

Brazilian President Jair Bolsonaro’s government unveiled a bundle of wide-ranging reforms on Tuesday, aimed at cutting spending and reducing the size of the state to drive down its chronic fiscal deficit.