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☆ Oil Projects Must Consider Full Climate Impact, Top U.K. Court Rules
▼ + stars: | 2024-06-21 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

Britain’s highest court has ruled that local councils and planning groups must consider the full environmental impact of new fossil fuel projects when deciding whether to approve them, a decision that could have far-reaching consequences and that climate activists hailed as a major victory. In particular, the ruling will make it harder for Britain to move ahead with plans to develop large offshore oil fields in North Sea, including Rosebank, one of the country’s largest undeveloped oil fields. Situated off the coast of Scotland, Rosebank contains an estimated 300 million barrels of recoverable oil. Now, they will also be required to estimate and disclose the emissions produced by their suppliers or consumers, such as from oil being refined or burned as fuel. Those emissions, produced along what’s known as a company’s “value chain,” make up the bulk of greenhouse gas emissions related to oil production.

Persons: Annalisa, “ It’s Organizations: University of Stirling, Court Locations: Britain, North, Scotland, Rosebank

WASHINGTON (AP) — The National Zoo's three celebrity giant pandas will be heading home a little earlier than expected. Zoo officials told The Associated Press on Thursday that adult bears Mei Xiang and Tian Tian and their cub Xiao Qi Ji will be returning to China sometime in mid-November. The zoo’s exchange agreement with the Chinese government, originally brokered by President Richard Nixon 50 years ago, expires Dec. 7. The San Diego zoo returned its pandas in 2019, and the last bear at the Memphis, Tennessee, zoo went home earlier this year. The pandas return to China when they reach old age, and any cubs born in the United States are sent to China around age 3 or 4.

Persons: Mei Xiang, Tian Tian, Xiao Qi Ji, Richard Nixon, Annalisa Meyer Organizations: WASHINGTON, Associated Press, U.S, China Wildlife Conservation Association, Zoo, Atlanta Zoo Locations: China, Beijing, San Diego, Memphis , Tennessee, America, United States

MARRAKECH, Morocco, Oct 13 (Reuters) - After getting debt relief from China, Ethiopia is requesting similar treatment from other creditors, the International Monetary Fund's deputy director for Africa said on Friday. Ethiopian authorities said in August that China was allowing Ethiopia to suspend debt payments for the fiscal year running until July 7, 2024. "The Chinese authorities have already provided debt relief to Ethiopia and we understand that they're in the process of requesting a similar treatment from other creditors. "There is a debt service suspension with China, which is providing substantial relief," she said, adding that this was the agreement announced in August. Ethiopia regularly suffers from foreign exchange shortages and a wide gap between the official and black market currency exchange rates.

Persons: Africa's, Annalisa Fedelino, Fedelino, Rachel Savage, Dawit Endeshaw, Tannur Anders, Bhargav, Alexander Winning, Susan Fenton Organizations: Monetary, IMF, Boston University, birr, Thomson Locations: MARRAKECH, Morocco, China, Ethiopia, Africa, Marrakech, birr, Addis Ababa

☆ Climate nears point of no return as land, sea temperatures break records, experts say
▼ + stars: | 2023-06-30 | by ( David Stanway | ) www.reuters.com time to read: +5 min

Sea temperatures also broke April and May records. Global average sea surface temperatures hit 21C in late March and have remained at record levels for the time of year throughout April and May. Australia's weather agency warned that Pacific and Indian ocean sea temperatures could be 3C warmer than normal by October. Though this year's high sea temperatures are caused by a "perfect combination" of circumstances, the ecological impact could endure, she said. The Worldwide Fund for Nature, however, warned of a "worrying lack of momentum" during climate talks in Bonn this month, with little progress made on key issues like fossil fuels and finance ahead of November's COP28 climate talks in Dubai.

Persons: Kerry, Sarah Perkins, Kirkpatrick, Piers Forster, El Nino, Annalisa Bracco, Li Shuo, John Kerry, Li, David Stanway, Ali Withers, Gloria Dickie, Jamie Freed Organizations: EU, Australia's University of New, U.S ., World Meteorological Organization, El Nino, University of Leeds, Georgia Institute of Technology, DUBAI, The, Nature, Thomson Locations: Beijing, SINGAPORE, Bonn, Australia's University of New South Wales, United States, North America, Canada, U.S . East Coast, India, Spain, Iran, Vietnam, Paris, 1.5C, California, Africa, November's, Dubai, China, Copenhagen, London

☆ World hits record land, sea temperatures as climate change fuels 2023 extremes
▼ + stars: | 2023-06-30 | by ( David Stanway | ) www.reuters.com time to read: +5 min

Persons: Cpl Marc, Andre Leclerc, Kerry, Sarah Perkins, Kirkpatrick, Piers Forster, El Nino, Annalisa Bracco, Li Shuo, John Kerry, Li, David Stanway, Ali Withers, Gloria Dickie, Jamie Freed Organizations: Canadian Forces, REUTERS, EU, Australia's University of New, U.S ., World Meteorological Organization, El Nino, University of Leeds, Georgia Institute of Technology, DUBAI, The, Nature, Thomson Locations: Mistissini, Quebec, Canada, Beijing, SINGAPORE, Bonn, Australia's University of New South Wales, United States, North America, U.S . East Coast, India, Spain, Iran, Vietnam, Paris, 1.5C, California, Africa, November's, Dubai, China, Copenhagen, London

☆ Want to start a side hustle and earn extra money? Here's how to launch a lucrative business and bring in six figures.
▼ + stars: | 2023-03-23 | by ( Alexandra York | ) www.businessinsider.com time to read: +9 min

Like many people during the pandemic, Davis reallocated the time she'd typically spent commuting home to building her side hustle. Davis' handbag company netted $14,000 in sales in its first four months in business, which Insider verified with documentation. Another entrepreneur, Lisa Andrea, regularly books $8,000 in revenue a month from her side hustle, The Financial Cookbook, which Insider also verified with documentation. Andrea started The Financial Cookbook, an online financial-coaching company, to earn extra income and try entrepreneurship part time before taking the plunge. Leveraging expertise, as Andrea did with financial coaching, is one way entrepreneurs can start a side hustle and balance risk versus reward.

☆ I made $1,000 in 30 days as a virtual assistant. Here's how I built a VA agency that books $20,000 a month in revenue while balancing a full-time job.
▼ + stars: | 2023-02-07 | by ( Alexandra York | ) www.businessinsider.com time to read: +5 min

Abell shared tips for becoming a virtual assistant, from managing your time to finding clients. In her spare time, she runs a virtual assistant agency that helps small businesses with administrative work, creating content, and connecting with customers. Abell told Insider how she made $1,000 in her first 30 days as a virtual assistant and grew her company while keeping her full-time job. They saw I was organized and well connected, and they asked me to join them as a virtual assistant. Once I realized the importance of social-media marketing, I leaned into marketing that service.

This would take the rate the ECB pays on bank deposits to the highest level since November 2008, after a steady climb from a record low of -0.5% in July. Reuters GraphicsThe ECB said in December that rates would be increased "at a steady pace" until it is happy inflation is heading back down to its 2% target. BNP Paribas also thought the ECB might take out the reference to a "steady pace" of rate hikes or offset it so that a 50-basis-point increase would be "not predetermined (but) still a possible outcome". And an ECB survey showed banks were tightening access to credit by the most since the 2011 debt crisis - usually the harbinger of lower growth and slowing inflation. To some observers, this meant the ECB would be wise not to commit to any future policy move.

☆ Virtual assistant, copywriter, and 6 other easy side hustle jobs to start right now
▼ + stars: | 2023-01-11 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +11 min

PaperDotInkDesigns sells handwritten prints and templates, and in 2021, Ashworth booked $2,494 in sales, which Insider verified with documentation. In 2021, her site generated $205,642 in ad revenue, which Insider verified with documentation. Be a virtual assistant for other business ownersAs more people start businesses, the market for virtual assistants has skyrocketed in tandem. In 2020, he made $34,607 in sales on the app, which Insider verified with documentation. He earned $40,648 on the app between December 2020 and August 2021, which Insider verified with documentation.

☆ Stimulus from Chinese government to boost property sales has had little effect, says Moody's
▼ + stars: | 2022-11-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStimulus from Chinese government to boost property sales has had little effect, says Moody'sAnnalisa Di Chiara of Moody's Investors Service says it has not seen a rebound in sales, and the liquidity profiles of these property companies have remained acute and at risk.

The ECB, which bought 5 trillion euros of bonds ($4.9 trillion) over the past decade to lift low inflation, now finds itself battling record high inflation at 10%. "This consideration also makes the practical implementation of ECB QT significantly harder," BofA said. That would reduce its balance sheet by a "manageable" 155 billion euros in 2023 and 300 billion euros in 2024, ING reckons. An eventual wind-down of PEPP holdings could add to balance sheet reductions in 2025 worth a total 388 billion euros, ING said. AllianceBernstein portfolio manager Nick Sanders said he was "sceptical" how the ECB could achieve QT with those protections in place.

☆ The ultimate guide to building a successful side hustle: How to turn a dream into a moneymaking reality
▼ + stars: | 2022-08-11 | by ( Alexandra York | ) www.businessinsider.com time to read: +9 min

Like many people during the pandemic, Davis reallocated the time she'd typically spent commuting home to building her side hustle. Davis' handbag company netted $14,000 in sales in its first four months in business, which Insider verified with documentation. Another entrepreneur, Lisa Andrea, regularly books $8,000 in revenue a month from her side hustle, The Financial Cookbook, which Insider also verified with documentation. Leveraging expertise, as Andrea did with financial coaching, is one way entrepreneurs can start a side hustle and balance risk versus reward. Courtesy of Courtney McWilliamsSet boundaries when establishing work schedulesFor some entrepreneurs, a side hustle is a way to build a new 9-to-5 career.

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