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VIDEO: UK economy registers 0.6% growth

2013-07-25 14:49:29| BBC News | Business | UK Edition

The UK economy grew an estimated 0.6% in the three months to June, according to the Office for National Statistics.

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BASF Q2 earns slip in an uneven economy

2013-07-25 09:15:47| Chemicals - Topix.net

The company, based in Ludwigshafen, Germany, said it saw thinner profit margins in its basic chemicals division while Asia profits were reduced in euro terms by a weaker yen.

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Cost of Arctic methane release could be 'size of global economy', experts warn

2013-07-24 20:04:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: Researchers have warned of an "economic time-bomb" in the Arctic, following a ground-breaking analysis of the likely cost of methane emissions in the region. Economic modelling shows that the methane emissions caused by shrinking sea ice from just one area of the Arctic could come with a global price tag of 60 trillion dollars -- the size of the world economy in 2012. Writing in a Comment piece in the journal, Nature, academics argue that a significant release of methane from thawing permafrost...

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Cyber crime costs U.S economy $100 billion and 500,000 jobs

2013-07-24 16:17:51| InfoWorld: Top News

Attacks on businesses and consumers are a blight on the economy, with criminals foreign and domestic using the Internet to steal identities, intellectual property, trade secrets and just about anything else they can get their hands on. A new economic model developed at a prominent D.C. think tank puts the cost to the U.S. economy as high as $100 billion annually, with a corresponding loss of as many as half a million jobs.

Tags: jobs costs crime economy

 

Chinas coal-fired economy dying of thirst as mines lack water

2013-07-24 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: At first glance, Daliuta in northern China appears to have a river running through it. A closer look reveals the stretch of water in the center is a pond, dammed at both ends. Beyond the barriers, the Wulanmuluns bed is dry. Daliuta in Shaanxi province sits on top of the worlds biggest underground coal mine, which requires millions of liters of water a day for extracting, washing and processing the fuel. The town is the epicenter of a looming collision between Chinas increasingly scarce supplies...

Tags: water lack economy dying

 

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