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Tag: global meltdown

Will COP 24 Be Able to Prevent the Global Meltdown?

Will COP 24 Be Able to Prevent the Global Meltdown?

Green Lens
The 24th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change took place between 2 and 14 December 2018. COP 24 recently concluded in Katowice, Poland. Leaders from member nations continue to discuss and are yet to come to an agreement. The proposal to strengthen the previous Paris Climate Agreement has been proposed by the Conference President. Only time will tell if the leaders of the member nations can come to an agreement and if COP 24 can actually help prevent the imminent global meltdown, already taking place. Image © cop24.gov.pl
Recession and Environment: Why Bother?

Recession and Environment: Why Bother?

Articles
Between April '07 and December '08, some big names like CitiBank, HSBC, Morgan Stanley, BNP had their over billion dollar portfolios degrade rapidly. There is a real and present danger of recession in the global economy. As a response to this crisis, over the last few months have seen large global financial institutions and banks being bailed out by their respective governments in their countries in America and Europe, as well as other emerging markets economies. Stock markets collapsed in October '08 in India too and now in December they are fluctuating but within margins. There were three immediate Global impacts, that were experienced even by us in Delhi. There was food crisis in Asia, in January '08, inflation was up giving rise to increased food grain prices in the local markets. The...

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