Uttara J Malhotra

Mining Lobby Faces Flake From Australians Over New Mines
Geopolitics

Mining Lobby Faces Flake From Australians Over New Mines

Global mining companies are having a tough time keep their heads above water in the escalating environmental concerns. There is no denying that the recent spate of bush fires and floods has been a result of the escalating global warming concerns.

It is now confirmed that shareholders are pulling themselves away from coal companies in order they can show their solidarity towards the Paris climate accord. This has been the cry for nearly a third of shareholders in BHP Group Ltd, the world’s biggest miner. It is confirmed that the voters had voted for resolutions to axe its membership in industry groups that are not in tandem with policies the Paris climate accord. According to the policies set down by the Paris climate accord, global warming limit should be “well below” 2 degrees Celsius.

Strangely the resolution failed and what could be seen is the terrible bushfires that wiped away literally half of the koala bear population. However, shareholders and the public continue to mount pressure on related companies to ensure lobby groups support the Paris goals.

Companies like BHP, Rio Tinto Plc, Glencore Plc and Anglo American Plc. Are feeling the heat but are in tandem with the energy policies that favor the rapid phase out of coal. If the Australian government and coaling companies don’t do something quickly, they might be faced with stringent carbon import duties that the European Union plans to impose on good from countries with less strict climate policies.
According to climate scientists and researchers, opening new coal mines in Australia would prevent the country from meeting its emissions targets agreed under the Paris accord. It is therefore important to curb the opening of anymore coal mines.

While some in Australia remain skeptical of a human connection to global warming, the devastating fires that raged across the country recently are hardening public attitudes against coal.

A survey of 1,056 respondents in a new poll taken between Feb. 6 and Feb. 9 by Essential Research, a leading market research firm, found that 62% of Australians favored banning political donations from fossil fuel companies, with the same number opposed to new coal mines.
In a November 2019 poll by Essential Research, 60% of respondents said they thought Australia was not doing enough to address climate change, up from 51% in March.

To read more Geopolitics News and Updates

Trump Chooses Loyalist Over Apt Candidates For National Intelligence Position
Americas

Trump Chooses Loyalist Over Apt Candidates For National Intelligence Position

Donald Trump is now turning to his well wishes and loyalist than working a way to keep in good terms with his own administration. It is confirmed that Trump has now named Richard Grenell, the current U.S. ambassador to Germany, as his next acting director of national intelligence. Trump has been seen to be in logger heads with his own intelligence agencies.

Grenell will be replacing the current acting director, Joseph Maguire, whose temporary term expires in March 2020. Grenell is known for his blunt style and seems to have won himself this position due to his close ties to Mr. Trump.

Trump has had multiple persons holding the gate for him. Earlier it was Rep. John Ratcliffe (R., Texas), who was promptly removed after he raised concerns among senators that he would seek to politicize U.S. intelligence.

He was replaced by Mr. Maguire, a retired Navy vice admiral who acted as the interim steward of the U.S. intelligence community last summer.

The first openly gay cabinet level official in American history, Grenell might have to face stiff resistance and sharp opposition from Democrats if the White House tried to push through a Senate nomination and confirmation process.

It is still not confirmed as to when he would be assuming the new role, but news has been out that Grenell has been looking at getting out of his official role and entering the private sector instead. He is expected to serve as acting director of national intelligence for at most four months, providing a stopgap that allows Mr. Trump to find a director for his potential second term.

The law creating the job of DNI, the Intelligence Reform and Terrorism Prevention Act of 2004, states that any nominee for the post “shall have extensive national security expertise.” In the perception of the Democrats, Grenell lacks any kind of exposure and experience in dealing with intelligence to be considered fit for such a role.

However, Trump seems to be believe more in his loyalists as he has been extremely mistrusting of any kind of intelligence shared with him through the existing set of officials in the various intelligence agencies.

To read more News of America Today

Trump Retracts Stance Over High End Technological Share With China
Americas

Trump Retracts Stance Over High End Technological Share With China

As a classic case of a turnaround yet again, Mr. Donald Trump has denounced his own people who were going ahead with what had been pushed by him in the first place.

It has been reported that through a series of tweets, Mr. Trump retracted his own statements of withholding technological know-how to China. In the previous weeks, the White House and Commerce Department had decided to halt the export of controlled technologies including jet engines and semiconductors to China. This would cost General Electric Co. dearly because they had taken due clearance from the concerned authorities in 2014 itself to supply engines for China’s homegrown airliner, in collaboration with French company Safran.

The halt in deliverable was being proposed out of concern that the products could be pirated and used to undermine U.S. commercial advantage in those sectors. GE, on its part has explained that it is not possible to reverse engineer the kind of technology they are sharing with China. Such technology has already existed with them before hand and they could have already done so, if they wanted. They had enough time to do so since 2014.

Trump has now done a turnaround, something which he is known to have done in the past, on the pretext that he does not want the wrong message to out in the market about the American sensibilities. Speaking to the media he said, “We don’t want to make it impossible to do business with us,” Mr. Trump tweeted. “That will only mean that orders will go to someplace else.”

It has been noted that America is threatened with China’s growing prowess in technology. Going ahead with everything which revolves around that fear, American officials are also considering changes to the foreign direct product rule. This will limit the use of U.S. technology in military and national-security functions. The changes would also require semiconductor manufacturers to obtain export licenses to use U.S. equipment when producing chips for Huawei Technologies Co. of China, people familiar with the discussions said.

To read more News of America Today

Utah Passes Bill To Decriminalise Polygamy
Americas

Utah Passes Bill To Decriminalise Polygamy

Utah senate has decriminalized polygamy amongst consenting individuals. This had led to reducing penalties for a practice that has deep religious roots in a predominantly Mormon state.

A bill has been passed for the same. But there are chances for it to face great resistance at the Utah House of Representatives. There seemed to be little room for discussion over the bill that got a clean sweep of a vote of 29-0 at the Republican-controlled Senate.
Up until now, the act of keeping more than one wife was considered a third degree felony, punishable to five years of imprisonment. If the currently proposed senate bill does become a law, punishments for plural marriage would be limited to fines of up to $750 and community service instead of a jail term.

However fraudulent bigamy remains as a punishable offence. In this case, an individual who obtains licenses to marry more than one spouse without their knowledge, or seeks to wed someone underage without her consent is subject to a prison term as these acts are considered a felony.

While the chief senator who has pushed for the bill has said that the idea is not to promote polygamy, the latter will eventually become true. According to Senator Deirdre Henderson, by passing such a bill, there is more of a possibility of lowering the penalties meted on such individuals. After such a bill has been passed, those from polygamous communities, if they feel victimized, can come forward without fear of being prosecuted themselves.

There is obviously a flipside to the whole thing. Many young women and girls have been forced into such marriages where men exploit their personal circumstances. Those against the bill are rightful is saying that the current law should not be changed because polygamy is inherently dangerous and harmful to women and children, particularly young girls, some of whom have been forced into marriages with older men.

However, with the bill being put into place, the earlier discrimination against such individuals who had indulged in polygamy, access to basic medical care, and other services does not stop. Polygamy practitioners when disclosed were refused access to critical services such as medical or mental health care, education or even employment.

To Read More News of America Today

How Democrats and Republicans Have Used Impeachment Outcome
Americas

How Democrats and Republicans Have Used Impeachment Outcome

The battle for control continues in the Senate and the outcome of the impeachment trial showed at that moment who was the winner. It seems that both sides were more bothered about energizing their sides and more activity in fundraising. They didn’t seem to have the future of the country on their mind.

The recent polls have shown that people are desperately looking for a leader who can keep the sanctity of the Constitution in mind and work ahead. The words of the Senate’s Democratic leader Chuck Schumer said it that the impeachment trial had indeed been a positive force for the Democrats. He went onto share with the media that “contrary to what Leader McConnell had said in the past, our data shows every one of the Republicans in difficult races is hurting because of it.”

Trump received a 49percent thumbs up for holding his seat and not being removed in the impeachment saga. No wonder, that the Republicans were trusting in the president’s post-impeachment popularity bump to supercharge enthusiasm for Republicans down-ballot.

For Democrats, the strategy is the smaller things which worry the voter. They are again not worried about the justness of who holds the office. On agenda are things like prescription drug costs and health care. Democrats have said they intent to focus their 2020 messaging right there. They are hopeful that independent and moderate voters will see that justice had not been meted by the Republicans. Democrats are banking on all the swing states that could be holding a point of view that the impeachment acquittal of Mr. Trump is truly a sign that Republican senators won’t stand up to the White House and hold Mr. Trump accountable when necessary.

To Read More News of Americas Today

What Does The American Voter Really Want?
Americas

What Does The American Voter Really Want?

Two prominent contenders for the presidential elections representing the Democratic party are said to be having contradictory points of view when it comes to what the voters really want. While Sanders is talking about uniting the country and project a change in system based on the sensibilities of the voters, Bloomberg is projecting as if overthrowing President Trump is more important.

It is coming through very clearly, that the voters are looking for something completely different- a revolution and change in leadership to save a sinking economy and nation. If one was to look at as to why certain leaders won the battles for presidency, it is not because they were good at what they were going to do. It is more because the ones that won could sense the pulse of the people and gave them what they were looking for.

In 1980, Ronald Reagan won the election. Voters were willing to move towards a conservative direction. They were tired of an ineffective Democratic presidency. In 2008, voters were seeking for peace and hope in the midst of a deep financial slide and a depressing war in Iraq. The impressive African American president came along in the form of Barack Obama. He continued to represent for two successive terms as someone who could stand for hope and change. Donald Trump won in 2016 because voters wanted somebody who would defy the establishment of both parties. But now, there is need of someone to unify the nation, to be a cementing force. It is much more than just ousting Trump.

The one thing that Bloomberg has been correct about is that Trump has disappointed the working class. They were the ones that pushed him to the finish line. He has let them down miserably. Sanders is right is thinking that it is high time that the influence of the millionaires and billionaires was curbed, something Trump has used to his advantage all his term. They should also be taxed through a higher bracket. The money derived should be channeled into wholesale reordering of the social compact. Health care should be free, college education should be free, student debt should disappear and thus the minimum wage will rise.

Many voters are probably not saying it but they are not happy with the way power has been misused. The one reason the voters have kept mum is because their minds are diverted to sugar coated pills that Trump continues to offer.

According to a recent survey of 738 registered voters conducted for the American Civil Liberties Union (ACLU), a majority of the US voters are wishing for a future leadership that can protect civil liberties and the Constitution. The poll has also found that almost 49 percent are disappointed with the way the Congress handled the presidential abuses of power than those (25 percent) who think Congress has interfered too much.

A clear majority of Americans favor each of five civil liberty priorities identified in the survey, with majorities of both Democrats and Independents supporting all five initiatives and Republicans supporting four of the five.

To Read More News of America Today

British Customer To Pay Dearly Over Undefined Border Check Balances
Europe

British Customer To Pay Dearly Over Undefined Border Check Balances

Britain is getting a taste of its own medicine as the effect of Brexit has started to trickle down. There is a chance of low supply and higher prices as the Johnson government has not been able to come on a level ground, over regulatory checks on ports.  This has been communicated by a retail industry’s lobby group.

Till the time, Britain was a part of the European Union it enjoyed seamless inflow of goods. But with its exit from the EU, this is going to become a problem. With border controls missing, the EU does not intent to cooperate with British related trade anymore. The UK government has now confirmed that border controls will be put into place, to ensure the right customs and excise duties are collected and borders are kept secure after the 11-month transition period ends on Dec. 31.

It is evident that this has to be done at the earliest; something the EU had urged Johnson’s administration to see through before the split. The British Retail Consortium (BRC) are rightly warned that without practical agreements with the EU, companies could be required to produce a mountain of paperwork at border crossings – VAT sales tax and excise documents, freight documents, health and veterinary paperwork, export health certificates, exit and entry summary declarations, and safety and security permits. A zero tariff agreement is the best bet, to save shifting costs to the customer. The most affected will be food products. Almost 80% of all the food that UK retailers import comes from the EU.

To Read More News from Europe

Canada Government Will Talk Instead Of Use Hard Hand On Protestors
Americas

Canada Government Will Talk Instead Of Use Hard Hand On Protestors

The Canadian government has been left with no other option but to talk things out as the country’s biggest railroad company demanded that the protestors be removed from various routes, and be prevented from obstructing movement.

Protestors across the provinces have chocker blocked rail networks making it difficult for regular life to function. Protesting and supporting local leaders, it started from the west coast to oppose the construction of a natural-gas pipeline in northern British Columbia.
The protest over the weeks has gradually spread to Ontario and Quebec, the country’s two biggest provinces. The protests are said to be affecting business, commuters and travelers, and the country’s biggest business groups say they are putting a chokehold on economic activity.

Recently, the Montreal based Canadian National Network closed its eastern Canadian network, in the wake of enforcement officials failing to use court order as force enough to get protestors off tracks.

The Canadian government is refraining from using any harsh hand on civilians, while it is admitted that protestors are breaking rules by obstructing movement of regular transport routes. But the representative of the Ontario Provincial Police said officers will exercise discretion, and that “is a valid, appropriate approach to de-escalating situations such as this. The proper exercise of police discretion should not be confused with a lack of enforcement.”

The protestors were initially trying to stop construction of the Coastal GasLink pipeline, based in British Columbia. But when enforcement officials were asked to move them post a court order, the groups moved towards major railroad routes, obstructing movement of goods and services. The pipeline, owned by TC Energy Corp., is intended to carry gas to the west coast for shipment to markets in Asia.
Continuous blockade has affected overall business. Many containers are not docking in Canada and moving towards US for offloading.

To check more News of America Today

Trump Increases Sanctions EU Over Airbus
Americas, Geopolitics

Trump Increases Sanctions EU Over Airbus

The United States is now targeting the European Union over raise of tariff as European Union’s dispute over subsidies remains unresolved within the bloc. It is confirmed that the tariff would be raised by 15 percent.

From a 10 percent tariff imposed in October 2019, beginning March 18, the raise will apply to airplanes from France, Germany, Spain and the U.K.

Under a World Trade Organisation ruling, the US has won the rights to impose tariffs to the tune of 100 percent, if need be. After a 15 year battle, the WTO ruled in favour of America, when the dispute over EU awarding more than required subsidy to Airbus aircrafts.
The Office of the U.S. Trade Representative had then confirmed that they would impose the tariffs starting October 18, with 10% levies on jetliners and 25% duties on other products including Irish and Scotch whiskies, cheeses and hand tools.
With its current imposition of 15 percent, it has not decided to alter the current list, though trade analysts are hoping the US would loosen its tight noose on EU for a bit, owing to the fact that EU is also going through a tough restructuring phase with Britain exiting the bloc.

This is being seen as a pressure tactic yet again, where the USTR has made a formal statement and said that “The United States remains open to a negotiated settlement that addresses current and future subsidies to Airbus provided by the EU and certain current and former member States.” If you want more Geopolitics News and Updates follow us.

NatWest To Represent RBS Globally
Europe

NatWest To Represent RBS Globally

The legacy of Scotland is under danger. Earlier it used to be kingdom, now it is a bank that presents that carries a legacy of 300 years behind it and is facing dire straits. The Royal Bank of Scotland is on the verge of complete collapse and to bail itself out, it has now decided to rename itself.

The mammoth lender is now going to take on the name of its more trusted partner it bought out in 2000. It will be called NatWest outside Scotland and remain RBS at home.

The Royal Bank of Scotland (RBS) was founded in Edinburgh in 1727 and was one of the largest banks in the world by assets before the financial crisis. Under the hard-driving leadership of Fred Goodwin, RBS expanded across three continents until it crashed in 2008 with a £24.1 billion annual loss, requiring a taxpayer bailout that saw the U.K. government assume control. The government still owns 62% of the bank.

It’s a matter to survival and identity crises; both are tough battles to fight. But owing to the fact that Scottish are known to be tougher nuts to crack, they will keep up a fight. Many lenders have been seen closing shop worldwide in the last decade.
Speaking of the reason for rechristening themselves, the newly appointed CEO who took charge in November 2019, Alison Rose spilled the beans to the media, “There is no point to be known as RBS because we have given away a lot of our unprofitable international business. RBS was a name that is known for exactly that. Now that we intent to consolidate ourselves, it only makes sense for us to rechristen ourselves to represent something that our customers can identify themselves with.”

NatWest still remains a well trusted brand in London, though it functions under RBS banner.Find more News From Europe .

1 9 10 11 12

The World Reviews

The World Reviews provides latest world news and brief stories. To know more news about world follow us.

                    Sitemap