Business

Saudi Arabia to exploit solar energy for desalination plants

Author: 

P.K. ABDUL GHAFOUR
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JEDDAH: Saudi Arabia intends to depend heavily on solar energy to operate desalination plants instead of oil and gas as part of its efforts to make use of alternative and renewable energy sources.

Water and Electricity Minister Abdullah Al-Hussayen has disclosed plans to set up a new solar-powered desalination plant within 18 months.

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UK urged to prevent vulture funds preying on world's poorest countries

Author: 

Greg Palast, Maggie O'Kane and Chavala Madlena
Vultures eat the eggs of sea turtles. Photograph: Yuri Cortez/AFP/Getty Images
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Campaigners demand Jersey legal loophole be closed as financiers seek $100m from the DRC

Britain is being urged to help close down a legal loophole that lets financiers known as "vulture funds" use courts in Jersey to claim hundreds of millions of pounds from the world's poorest countries.

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Pathways to Sustainabaility WBCSD

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Vision 2050:  The new agenda for business

Under the WBCSD's Vsion 2050 Project, twenty-nice WBCDSD member companies developed a vision of a world well on the way to sustainablility by 2050 and the pathways leading to that world.

This mural is a basis for visualizing the possible pathways.  The mural is meant to provide a tool for strategic planning, prioritizing, and monitoring progeress to help countires, businesses, NGOs , international organization and individuals assess the degree to which we are on track to accomplishing the vision.

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The Global Food Crisis, Mapped

Author: 

JUSTIN GILLIS
The Global Food Crisis, Mapped
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Oxfam, the antihunger group, has been running a campaign to call attention to the global food crisis, its consequences and its potential solutions. The Times outlined the challenge of future food security on a warming planet in this article several weeks ago, and this week my colleague Jeffrey Gettleman described the appalling famine unfolding in Somalia.

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Europe’s financial contagion

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Greece sneezed, and now most of Europe has a cold. The European debt crisis has already spread like a virus from Greece to Ireland and Portugal, and other countries are now at risk: Spain, and Italy are probable candidates for financial problems.

Contagion also has much to do with actual economic links among countries. Researchers have identified financial ties in particular as responsible for the “fast and furious” spread of crisis from one country to another. Trading activity between countries, however, can propagate economic sickness more slowly.

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Maria Damanaki unveils EU fishing reforms

Author: 

Fiona Harvey
Maria Damanaki unveils EU fishing reforms
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European fisheries chief hopes phasing out 'discarding' and agreeing plans with member states will preserve Europe's fish stocks

The biggest shake-up of European fisheries regulation in four decades was unveiled on Wednesday in Brussels, intended to preserve dwindling fish stocks.

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Destruction of world's biggest rainforests down 25 pct-FAO

Author: 

Jonny Hogg
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* FAO says deforestation of world's biggest forests slowing

* Agriculture and population pressure still a big threat

BRAZZAVILLE, June 1 (Reuters) - The rate of destruction of the world's three largest forests fell 25 percent this decade compared with the previous one, but remains alarmingly high in some countries, the U.N. Food and Agriculture Organisation said.

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