UK costs to cut greenhouse emissions 40% higher than thought

WNM | Jun 6, 2019 at 5:57 PM

Britain’s government has estimated that the cost of eliminating greenhouse gas emissions by 2050 could be 40% higher than one given by official climate advisers, the Financial Times reported on Thursday, citing a finance ministry letter.

Blackouts deeply hurt South African economy

WNM | Jun 4, 2019 at 2:38 PM

South Africa’s economy saw its sharpest contraction in a decade in the first quarter of 2019 as power cuts hurt key sectors like manufacturing and mining, another sign that President Cyril Ramaphosa’s growth drive is struggling to gain traction.

Indian Air Force aircraft goes missing

WNM | Jun 3, 2019 at 12:20 PM

An “AN-32” aircraft of the Indian Air Force (IAF) with around 13 persons onboard went missing on Monday, said official sources.