Global shadow banking assets hit highest level since at least 2002 – In 2016, shadow banking grew by 8 percent to $99 trillion and now represents 30 percent of world financial assets

5 Mar 2018 (Central Banking) – The assets of “other financial institutions” grew to their highest level since 2002 in 2016, the Financial Stability Board says. Total assets of OFIs increased by 8% to $99 trillion in 2016, the body says in its 2017 report on the global shadow banking sector, published today (March 5). […]

The looming epidemic threat – “We are not ready for a serious epidemic, an epidemic that would be more infectious and would spread faster than Ebola did”

Dr Jonathan D Quick 18 March 2018 (The Guardian) – Somewhere out there a dangerous virus is boiling up in the bloodstream of a bird, bat, monkey or pig, preparing to jump to a human being. It’s hard to comprehend the scope of such a threat, for it has the potential to wipe out millions […]

Tropospheric ozone pollution declining in Europe and U.S. but rising in East Asia

5 February 2018 (University of Edinburgh) – Potentially harmful levels of the air pollutant ozone are present in many regions around the world, a widespread study has shown. Levels of ozone in the troposphere – the lower region of the atmosphere – have decreased in much of Europe and the US over the past 15 […]

Hundreds begin 95 km protest march against plans to mine bauxite in Ghana’s Atewa forest reserve

By Neil Nii Amatey Kanarku 19 March 2018 (Citi News) – Members of a group calling itself Concerned Citizens of Atewa Landscape are embarking on a six-day walk from Kyebi in the Eastern Region to Accra, in a bid to put pressure on government to preserve the Atewa forest reserve against any form of mining […]

How the 2008 financial crash made cities unaffordable worldwide – Property markets in the world’s major cities have “synchronised”, leaving behind nations and citizens

By Nathan Brooker 14 March 2018 (Financial Times) –  In the stormy spring of 2008, the UK’s worsening property downturn was yet to hit Sloane Street in central London. A full year after the start of the credit crunch and the run on Northern Rock — which started a slide that would see more than 20 […]

Why current negative-emissions strategies remain “magical thinking”

21 February 2018 (Nature) – Decarbonization of the world’s economy would bring colossal disruption of the status quo. It’s a desire to avoid that change — political, financial and otherwise — that drives many of the climate sceptics. Still, as this journal has noted numerous times, it’s clear that many policymakers who argue that emissions […]

Costa Rica prepares to export 10 tons of fins poached from endangered hammerhead sharks – “Once again, Costa Rica is evading its CITES obligations in order to favor private interests”

2 March 2018 (The Costra Rican Times) – Ten tons of hammerhead shark fins have been in storage in Costa Rican warehouses since 1 March 2015, when the government issued a ban on the export of hammerhead shark fins as part of its Convention on International Trade in Endangered Species of Wild Fauna and Flora […]

New maps reveal industrial fishing in more than half of world’s oceans

By Shreya Dasgupta 24 February 2018 (Mongabay) – Industrial fishing takes place across more than 55 percent of the world’s oceans, according to a new study published in Science.Fishing is vital for food security and livelihoods across the globe, yet the extent of industrial fishing has remained largely unknown. Now, a team of researchers has […]

China’s lust for jaguar fangs imperils big cats

By Barbara Fraser 23 February 2018 (Nature) – The jaguar was found floating in a drainage canal in Belize City, Belize, on the day after Christmas last year. Its body was mostly intact, but the head was missing its fangs. On 10 January 2018, a second cat — this time, an ocelot that may have […]

How human coping mechanisms for global warming are impacting endangered animals

By Jennifer Fabiano 21 February 2018 (AccuWeather) – While most are familiar with the impact of climate change and rising temperatures on animals such as polar bears, few are aware of one of the biggest threats to endangered animals: the climate change coping mechanisms initiated by humans. A serious, mostly unknown impact of climate change […]

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