A global tech outage that appeared to be related to issues at...
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Global tech outage disrupts industries, highlights risks of interconnected world
A software update by global cybersecurity firm CrowdStrike appeared...
India working with Microsoft to help impacted entities: IT Minister Ashwini Vaishnaw
Millions of Microsoft Windows users experienced the “Blue Screen of...
AIIB increases Green Public Rail Transport options in India,$356.67 million approved to expand Chennai metro system
The project’s design and construction will have environmentally friendly features to help reduce its carbon footprint. In addition to solar panels installed on the roofs of the elevated stations, the project will have dedicated spaces for bicycles and green vehicles, and signage to raise environmental awareness. The project also integrates climate change resilience features to reduce its vulnerability to climate-related events.
Evergrande’s debt problems pose systemic risk in China and beyond
The central bank in 2018 said companies including Evergrande might pose systemic risk to China’s financial system.
The firm’s liabilities involved as many as 128 banks and over 121 non-banking institutions, the leaked letter showed.
Late repayments could trigger cross-defaults as many financial institutions are exposed via direct loans and indirect holdings through different financial instruments.
Oil will be world’s No. 1 energy source for decades, says OPEC
OPEC says that more electric vehicles on the road and the push for alternative and renewable energy will indeed usher in an era of declining demand for oil in rich countries.
But the energy needs of expanding economies in other parts of world will still leave oil as the world’s No. 1 source of energy through 2045, OPEC said Tuesday in its annual World Oil Outlook.
Can Bhutan’s digital cash lift its gross national happiness
Royal Monetary Authority of Bhutan has announced a pilot with San Francisco-based Ripple for a national currency running on distributed electronic account-keeping.
The open-source XRP ledger claims to be carbon neutral and 120,000 times more efficient than proof-of-work blockchains. Unlike El Salvador, which has chosen to use the volatile and energy-guzzling Bitcoin as money alongside US dollars, Bhutan wants to retain the ngultrum, the national currency. The bet is that a paperless version of the central bank’s liabilities would be a more attractive alternative to bank deposits for a sparse population scattered across a rugged, mountainous terrain.
Climate change and cyber risk top the list of concerns in AXA Future Risks Report 2021
“Climate change returned to the top of the experts’ risk ranking in the 2021 survey, having been displaced by pandemic risk in 2020.The survey revealed regional differences: climate concern is higher in Europe than anywhere else, among both experts and the general public. Meanwhile, experts in Africa and the Americas were most pessimistic about their national governments’ preparedness to tackle this risk,” said AXA.
Coal expansion could cause over 5,200 premature deaths, 8,300 preterm births in Delhi this decade
Twelve percent of India’s coal-based electricity is generated within 500 km of the national capital.
The research suggests that around 55 lakh sick days could be caused by air pollution exposure from coal power plants in Delhi if the current proposed expansion of coal capacity takes place. The economic health costs associated with coal pollution in Delhi is estimated at USD 8.4 billion over the coming decade.
New approach needed to make digital data flow beneficial for all
“The current fragmented data landscape… may create more space for substantial harms related to privacy breaches, cyberattacks and other risks” UN Secretary-General António Guterres said.
Food waste: a global problem that undermines healthy diets
“Food insecurity, hunger and malnutrition are impacting every country in the world and no country is unaffected; 811 million people suffer hunger, two billion suffer micronutrient deficiencies – that’s vitamin and mineral deficiencies – and millions of children suffer stunting and wasting, deadly forms of under-nutrition.”
COVID-19 highlighted supply chains should not be based only on cost but also trust: Piyush Goyal
“The effort is to make India produce high-quality products at competitive prices meeting global standards truly in areas where we have the strength or the competitiveness becoming a larger player in global markets,” he said. “It may not happen in all businesses but we certainly believe that there is a lot of potential in several sectors,” he added.
37% of patients suffer long-Covid: Study
The study did not provide any detailed causes of long-Covid symptoms, their severity, or how long they could last. It, however, said older people and men had more breathing difficulties and cognitive problems, whereas young people and women had more headaches, abdominal symptoms and anxiety or depression.