Business

World Bank: Global Economy Risky Amid High Interest Rates

WASHINGTON, DC, June 9, 2023 (ENS) – Global economic growth has slowed, and the risk of financial stress in emerging market and developing economies, known as EMDEs, is intensifying, hemmed in by high global interest rates, according to the World Bank’s latest “Global Economic Prospects” report, issued Tuesday. […]

Business

IMF Releases US$650 Billion ‘Shot in the Arm’ for the Global Economy

WASHINGTON, DC, August 11, 2021 (ENS) – To address the global need for financial reserves during the current two-pronged public health and resulting financial crisis, the International Monetary Fund’s Board of Governors has approved a general allocation of Special Drawing Rights, SDRs, equivalent to US$650 billion. […]

Latest News

30 Innovative Project Winners Ease British Rail Shakeup

LONDON, UK, July 2, 2021 (ENS) – A host of new technologies to encourage rail passengers to ride British trains again post-COVID-19 have received UK government financial backing as part of the Department for Transport’s 2021 “First of a Kind” competition. […]

Latest News

Blackout Circles the World Tonight for Earth Hour

WASHINGTON, DC, March 27, 2021 (ENS) – Wherever you are at 8:30 o’clock tonight, it will be Earth Hour, so turn off your lights for one hour to recognize the health of the planet and the importance of nature. Earth Hour is the flagship environmental action of the international nonprofit WWF, one of the world’s largest conservation organizations. […]

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Gov/Politics

Biden Lifts Emergency on U.S.-Mexico Border, Stops Wall

WASHINGTON, DC, February 11, 2021 (ENS) – A national emergency no longer exists at the U.S. southern border with Mexico; it has been terminated after nearly two years. On Wednesday, President Joe Biden issued a proclamation that ends the national emergency first declared by former President Donald Trump on February 15, 2019, and twice renewed. […]

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Health

Dreams During Pandemic Reveal Fear, Mental Suffering

SAO PAULO, Brazil, February 10, 2021 (ENS) – Amid the isolation imposed by COVID-19, the brain resorts to dreams in an effort to metabolize the intense emotions experienced during the day and assimilate experiences that favor survival as we strive to adapt to the “new normal.” Suddenly, we have to avoid kissing, hugging, and even friendly handshaking. […]

Sci/Tech

New Book Links Southeast Asia’s Wildlife Trade to COVID

HANOI, Vietnam, December 8, 2020 (ENS) – “The price of the private dining room would be included in the price of the pangolin, along with the rest of the dinner.” In this excerpt from his new book, “Pangolins: Scales of Injustice,” wildlife conservationist Richard Peirce recounts a trip to Vietnam during which, within 15 minutes in one restaurant, he was offered both of the animals that are the likely vectors for COVID-19 and SARS. […]

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Air/Climate

Climate Change Intensifies Despite Pandemic Lockdowns

GENEVA, Switzerland, September 10, 2020 (ENS) – Already at their highest levels in three million years, greenhouse gas concentrations in the atmosphere continue to increase, lockdowns around the world to slow the spread of the pandemic coronavirus have forced vehicles to stay parked, making way for clearer skies – temporarily. […]

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Energy

Pandemic Shock to Energy Industry Greatest in 70 Years

PARIS, France, May 4, 2020 (ENS) – The global COVID-19 pandemic has massively disrupted the global economy, forcing large parts of the world into confinement and “creating the largest shock to the global energy system in more than seven decades,” the International Energy Agency (IEA) said in an unprecedented urgent report. […]