World may miss 2010 target to stem biodiversity lossOctober 12th, 2009 WASHINGTON - Experts have determined that the world will miss its agreed target to stem biodiversity loss by next year. The goal was agreed at the 6th Conference of Parties to the UN Convention on Biological Diversity in April 2003.
Scientists discover 850 new species of invertebrates in AustraliaSeptember 28th, 2009 WASHINGTON - Australian researchers have discovered 850 new species of invertebrates, which include various insects, small crustaceans, spiders, worms and many others, in underground water, caves and "micro-caverns" amid the harsh conditions of the Australian outback. The team, led by Professor Andy Austin (University of Adelaide), Dr Steve Cooper (South Australian Museum) and Dr Bill Humphreys (Western Australian Museum), has conducted a comprehensive four-year survey of underground water, caves and micro-caverns across arid and semi-arid Australia.
World's ecosystems can have key role in countering climate changeSeptember 3rd, 2009 WASHINGTON - A new research has determined that investing in restoration and maintenance of the Earth's multi-trillion dollar ecosystems can have a key role in countering climate change and climate-proofing vulnerable economies. This is among the central findings of a new climate issues update by The Economics of Ecosystems and Biodiversity (TEEB), a project launched by Germany and the European Commission in response to a proposal by the G8+5 Environment Ministers (Potsdam, Germany 2007) to develop a global study on the economics of biodiversity loss.
Iceland's former 2nd richest man files for bankruptcy; largest in country's historyJuly 31st, 2009 Man who was Iceland's 2nd richest is bankruptREYKJAVIK, Iceland — The second richest man in Icelandic history has filed for bankruptcy, his spokesman said Friday. Bjorgolfur Gudmundsson, the brewer-turned-billionaire and former owner of the West Ham soccer club, applied for bankruptcy protection at Reykjavik district court, 96 billion Icelandic kronur ($759 million) in debt, Asgeir Fridgeirsson said.
Rise in CO2 levels 200 mln yrs ago led to sudden collapse in plant biodiversityJune 19th, 2009 WASHINGTON - In a new study, scientists have found that a rise in carbon dioxide (CO2) levels 200 million years ago led to a sudden ancient collapse in plant biodiversity. The evidence for the collapse in the plant biodiversity was unearthed by scientists in the form of 200 million-year-old fossil leaves collected in East Greenland.
World's richest foundation suffers from recession, but remains the biggestJune 9th, 2009 Economic downturn hits world's richest foundationSEATTLE — The Bill & Melinda Gates Foundation may be the world's richest charitable foundation, but that hardly shields them from the economic downturn. Between January 2008 and April 2009, the foundation saw its assets drop from $39 billion to $27.5 billion.
Scientists identify 100 questions to conserve global biodiversityApril 23rd, 2009 WASHINGTON - Conservation experts from 24 world-leading organizations have identified one hundred key scientific questions that, if answered, would help conserve global biodiversity. The organizations that identified the questions include the WWF (Worldwide fund for Nature), Conservation International and Birdlife International.
Steel czar Lakshmi Mittal is top soccer billionaireApril 12th, 2009 WASHINGTON - Despite plunging steel prices, Indian-born steel czar Lakshmi Mittal with a net worth of $19.3 billion remains the world's richest soccer club owner in the Forbes list of soccer billionaires. 'Anybody can buy a ticket to a soccer game; these moguls own the teams on the field,' the American business publication said about the top soccer 10 ten picked up from its list of the World's Billionaires published in March.
Climate change may spur rapid shifts in global wildfire patternsApril 8th, 2009 WASHINGTON - A new analysis by scientists has determined that climate change would bring about rapid shifts in worldwide wildfire patterns, and those changes are coming fast. The analysis was done by researchers at the University of California, Berkeley, in collaboration with scientists at Texas Tech University.
'40 million hectares in India flood prone'March 30th, 2009 SHIMLA - As much as 40 million hectares in the country, a major portion of it in the Ganga river basin is flood-prone, a flood control official said Monday. 'Forty million hectares in India is flood prone out of which the Ganga river basin constitutes 50 per cent,' said A.K.
Mukesh Ambani, Lakshmi Mittal among world's top ten richMarch 12th, 2009 WASHINGTON - Reliance Industries chairman Mukesh Ambani has overtaken the London-based steel tycoon Lakshmi N. Mittal to emerge as Asia's richest person, as per the Forbes' list of world billionaires for 2009.
Steel baron Mittal, Ambani brothers among Forbes' top-ten super-richMarch 12th, 2009 WASHINGTON - Twenty-four Indians have made it into the Forbes magazine's list of 'World's Richest' with Steel tycoon Lakshmi Mittal in fourth place. Four Indians made it to the top 10, including Mukesh Ambani, Anil Ambani and K.
Gates is world's richest man; 355 drop off billionaires' listMarch 12th, 2009 WASHINGTON - Despite losing $18 billion over the last 12 months, Bill Gates has reclaimed his title as the richest man in the world with a total net worth of $40 billion. As the number of billionaires on the planet shrank, Warren Buffett slipped to No.
Ambanis among top four Indians in 'World's Richest' clubMarch 11th, 2009 WASHINGTON - Mukesh and Anil Ambani, steel czar Lakshmi Mittal and K.P. Singh, now the richest real estate baron, have been named by Forbes as the four Indians among the world's top 10 richest people.
Delhi roads prone to water-logging to be cementedDecember 28th, 2008 NEW DELHI - Roads in the capital prone to water-logging that causes pot-holes will be cemented, the Municipal Corporation of Delhi (MCD) said Monday. 'The MCD will improve and strengthen 68 roads which are prone to water-logging by providing ready mixed concrete surface,' said Vijender Gupta, chairman of the civic authority's standing committee.