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Climate activists in Germany have criticized major investors for continuing to invest billions in the oil, gas, and coal industry. The investments are hindering the timely transition away from fossil fuels to mitigate global warming, said Katrin Ganswindt, a member of the environmental organization Urgewald. Urgewald, along with 13 partner organizations, published the financial research report Investing in Climate Chaos, providing insights into the investments of over 7,500 institutional investors globally. Financial data collected in May revealed that these investors collectively hold $4.3 tr...
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Last month was hotter than any June ever recorded, marking the 13th consecutive month in which the global average temperature reached a record value for the respective month, the EU's climate change service Copernicus said on Monday. Temperatures in June were also 1.5 degrees Celsius above pre-industrial levels, marking the 12th consecutive month in which the 1.5-degree-Celsius mark was met or surpassed, according to the monthly report. At the 2015 climate conference in Paris, the global community set itself the goal of limiting global warming to 1.5 degrees compared to pre-industrial levels. ...
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More patents related to generative artificial intelligence have been filed from China every year since 2017 than from the entire rest of the world, the UN's World Intellectual Property Organization (WIPO) reported in Geneva on Wednesday. With generative AI, users can produce texts, images and other content based on training data. Examples include AI applications such as ChatGPT or Gemini. According to the WIPO, companies and institutes from China have registered more than 38,000 patents in the field of generative AI in the 10 years up to 2023. Far behind was the United States with 6,300, follo...
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The World Meteorological Organization (WMO) has recognized last year's tropical cyclone Freddy as the longest-lasting cyclone ever recorded, the organization reported in Geneva on Tuesday. It lasted 36 days and travelled around 12,780 kilometres as a tropical storm or cyclone. Freddy partially devastated Madagascar off the east coast of Africa and the neighbouring countries of Mozambique and Malawi on the mainland. More than 500 people lost their lives. To date, tropical cyclone John had been the longest, lasting 29.75 days. It raged in the North Pacific in 1994. Cyclone Freddy formed off the ...
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All of the defendants in a money laundering trial that followed the publication of the leaked Panama Papers have been acquitted, a court in Panama City said on Friday, eight years after the scandal first broke. The sensational publication of the so-called Panama Papers in 2016 involved some 11.5 million leaked documents. They came from the Panamanian law firm Mossack Fonseca and were evaluated by journalists around the world. They found that numerous politicians, athletes and other celebrities had assets in offshore companies. Mossack Fonseca was accused of having set up 215,000 letterbox comp...
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The International Monetary Fund (IMF) warned the US Federal Reserve on Thursday against lowering interest rates too early. "The policy rate should be lowered only after there is a clear evidence that inflation is sustainably returning to the 2% target," IMF chief Kristalina Georgieva said in Washington. The IMF asserted that the central bank of the world's largest economy should keep the key interest rate at its current level at least until the end of 2024. The IMF agreed with the Fed that the central bank needed to be "cautious." It further predicted that the inflation rate will drop to the 2...
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The International Monetary Fund (IMF) warned the US Federal Reserve on Thursday against lowering interest rates too early. "The policy rate should be lowered only after there is a clear evidence that inflation is sustainably returning to the 2% target," IMF chief Kristalina Georgieva said in Washington. The IMF asserted that the central bank of the world's largest economy should keep the key interest rate at its current level at least until the end of 2024. The IMF agreed with the Fed that the central bank needed to be "cautious." It further predicted that the inflation rate will drop to the 2...
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The International Criminal Court (ICC) has found an Islamist from Mali guilty of serious war crimes and crimes against humanity. The 46-year-old is guilty of crimes including torture, mutilation and persecution, the judges ruled in The Hague on Wednesday. The sentence will be determined at a later date. Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud was one of the heads of the religious police of the Ansar Dine rebels, who were allied with the terrorist militia al-Qaeda, from 2012 to early 2013. The group overran the historic desert city of Timbuktu in 2012. Women and girls in particular were ...
DPA Breaking News
The International Criminal Court (ICC) has found an Islamist from Mali guilty of serious war crimes and crimes against humanity. The 46-year-old is guilty of crimes including torture, mutilation and persecution, the judges ruled in The Hague on Wednesday. The sentence will be determined at a later date. Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud was one of the heads of the religious police of the Ansar Dine rebels, who were allied with the terrorist militia al-Qaeda, from 2012 to early 2013. The group overran the historic desert city of Timbuktu in 2012. Women and girls in particular were ...
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United Nations' drug experts are worried that the collapse of opium production in Afghanistan will boost demand for new and dangerous alternative products around the world. The UN Office on Drugs and Crime (UNODC) in Vienna warned on Wednesday in particular against the synthetic heroin substitute nitazene, which has already led to deaths in several European countries. The cultivation of opium poppy, from which the heroin raw material opium is obtained, was banned in Afghanistan by the Taliban in 2022. As a result, global opium production fell by 74% last year to just under 2,000 tons, accordin...
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