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Reclaiming Jackson Hole 2005

News from India - 5. October 2015 - 18:02
Whether Indian residents borrow in foreign currency or issue rupee loans to foreigners, the foreign currency risk is real

There is good news on global poverty

News from India - 5. October 2015 - 17:53
Rapid economic growth is still the most effective antidote to mass poverty

Will India ever have an IFC or be internationally competitive?

News from India - 5. October 2015 - 16:51
Considering that most of the MIFC recommendations are yet to see the light of day, it is hard not to be cynical

Here's What the G-20 Nations are Pledging on Climate Change

New from UNFCCC - 5. October 2015 - 15:59
Source: Bloomberg - The United Nations last December set a deadline of Oct. 1 for countries to submit pledges on what they’re prepared to do to rein in fossil-fuel emissions as part of their contribution to a new deal to fight climate change.

Angela Merkel to focus on climate change in talks with Modi

New from UNFCCC - 5. October 2015 - 15:59
Source: Livemint - The two countries are expected to sign deals on green energy and rejuvenation of the Ganga at the meeting

India promises to slash emissions, but wants help

New from UNFCCC - 5. October 2015 - 15:59
Source: Business Spectator - India submitted its long-awaited climate pledge on Thursday, vowing to reduce the intensity of its emissions 33 to 35 percent below 2005 levels by 2030.

Sur l’île de Pâques, les guetteurs de l’océan

New from UNFCCC - 5. October 2015 - 15:59
Source: Le Monde - Les eaux de cette terre lointaine et isolée sont pillées par les navires industriels chinois, espagnols, coréens, russes

Six experts vie for top U.N. climate science job

New from UNFCCC - 5. October 2015 - 15:59
Source: Reuters - Six candidates are vying to become head of the U.N.'s top authority on climate change science this week, seeking to narrow down uncertainties about future warming to guide a trillion-dollar shift to greener energies.

Vivienne Westwood's Paris show

New from UNFCCC - 5. October 2015 - 15:59
Source: Reuters - Bold prints and floating jackets prevailed at Vivienne Westwood's Gold Label catwalk show at Paris Fashion Week on Saturday.Westwood, known for her environmental activism, said she picked an underlying theme of saving the Italian city of Venice from the effects of climate change for the spring/summer 2016 collection

Philippines aims to cut carbon by 70 percent by 2030, if it gets help

New from UNFCCC - 5. October 2015 - 15:59
Source: Reuters - The Philippines aims to cut its carbon emissions by 70 percent by 2030 but only if it gets financial and technical help to meet that target at international climate change talks this year, a presidential aide said on Friday.

Are solar panels now as cheap as fossil fuels?

New from UNFCCC - 5. October 2015 - 15:59
Source: Christian Science Monitor - SolarCity has released the most efficient and most affordable solar panels. Does this make solar a viable alternative to traditional energy sources?

Explaining a Test draw to Americans

News from India - 5. October 2015 - 13:31
Some cricket fans feel the need to talk down to people from the US, insinuating that they are too thick to understand a nuanced sport

Has the RBI policy put a floor under the markets… for now?

News from India - 5. October 2015 - 8:46
Since 29 September, the Sensex has gained over 1,000 points, and the Nifty about 268 points

Call drops bad, more regulation worse

News from India - 5. October 2015 - 7:19
In the case of the call drop issue being deliberated by the telecom regulator, telcos can expect to pay for poor quality of service

Has RBI decided to ignore household inflation expectations?

News from India - 5. October 2015 - 4:02
Can monetary policy and, in particular, inflation targeting lead to lower inflation expectations?

Hundreds of new species discovered in the fragile Eastern Himalayan region

News from WWF - 5. October 2015 - 2:00
Thimphu, Bhutan – A sneezing monkey, a walking fish and a jewel-like snake are just some of a biological treasure trove of over 200 new species discovered in the Eastern Himalayas in recent years, according to a new report by WWF.
The report, Hidden Himalayas: Asia's Wonderland released on World Habitat Day maps out scores of new species found by scientists from various organizations including 133 plants, 39 invertebrates, 26 fish, 10 amphibians, one reptile, one bird and one mammal.
The volume and diversity of discoveries, 211 in total between 2009 and 2014, highlight the region as one of the most biologically diverse places on Earth; the discoveries listed equating to an average of 34 new species discovered annually for the past six years.
"I am excited that the region – home to a staggering number of species including some of the most charismatic fauna – continues to surprise the world with the nature and pace of species discovery," said Ravi Singh, CEO of WWF-India and Chair of the WWF Living Himalayas Initiative.
Some of the most striking discoveries include a vibrant blue dwarf 'walking' snakehead fish, which can breathe atmospheric air and survive on land for up to four days, although moving in a manner much clumsier than a slithering snake. The report details an unfortunate monkey whose upturned nose leads to a sneeze every time the rain falls, and a living gem - the bejeweled lance-headed pit viper, which could pass as a carefully crafted piece of jewellery.
The report also underscores the dire threats facing the vibrant ecosystems across a region spanning Bhutan, north-east India, Nepal, north Myanmar and the southern parts of Tibet. The report found that as a consequence of development, only 25% of the original habitats in the region remain intact and hundreds of species that live in the Eastern Himalayas are considered globally threatened.
The region is currently facing a wide range of threats and pressures, with climate change by far the most serious. Population growth, deforestation, overgrazing, poaching, the wildlife trade, mining, pollution and hydropower development have all contributed to the pressures on the fragile ecosystems in the region, the report says.
"The challenge is to preserve our threatened ecosystems before these species, and others yet unknown are lost," said Sami Tornikoski leader of the WWF Living Himalayas Initiative.
"The Eastern Himalayas is at a crossroads. Governments can decide whether to follow the current path towards fragile economies that do not fully account for environmental impacts, or take an alternative path towards greener, more sustainable economic development," said Tornikoski.
The stakes are high as the Himalayas are home to at least 10,000 plant species, 300 mammal species, 977 bird species, 176 reptiles, 105 amphibians and 269 types of freshwater fish. In addition to this, between 1998 and 2008 in the Eastern Himalayas, at least 354 new species were discovered.
In a bid to protect the region's rich diversity of flora and fauna, WWF is actively involved in supporting the countries of the Eastern Himalayas' progress towards green economies that value ecosystems and the services they provide to the millions of people in the region. Located in one of the most ecologically fragile regions on Earth, the WWF Living Himalayas Initiative urges a strong regional collaboration to ensure that people in this region, live within the ecological means and remain within the boundaries of one planet.
WWF continues to develop and support programmes in the region that help secure a brighter future for the region's people and biodiversity, including its rich array of species – those that we already know and those still waiting to be discovered.

Making India an international commercial arbitration hub

News from India - 4. October 2015 - 21:19
Foreign firms in India usually prefer a location abroad for resolution of disputes due to the abysmally low perception of the legal environment in India

Monetary transmission

News from India - 4. October 2015 - 20:55
It will now be worth seeing whether corporate borrowers begin to line up outside banks once again for funds


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