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ECB cuts interest rate to 0.15%
2014-06-05 13:49:03| BBC News | Business | UK Edition
The European Central Bank has cut its benchmark interest rate to 0.15% from 0.25% in an effort to boost growth in the eurozone.
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ECB set for rate cut to boost growth
2014-06-05 01:07:21| BBC News | Business | UK Edition
The European Central Bank is widely predicted to slash its interest rates on Thursday, as the economic recovery in the eurozone continues to be lacklustre
Ocean Acidification Rate 10 Times Faster than Ancient Upheaval
2014-06-03 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Nature World: These days the ocean is acidifying at a rate 10 times faster than it did during a similar upheaval 56 million years ago. During those ancient days, researchers estimate that ocean acidity increased by about 100 percent in a few thousand years or more, and levels didn't bounce back to normal for another 70,000 years. Some species were able to adapt and evolve to such radical environmental changes, while others perished and died off. Also during this time, a wave of carbon dioxide (CO2) surged into...
Current rate ocean acidification eclipses ancient extinction event
2014-06-03 16:47:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The acidification of the worlds oceans, occurring today because of manmade carbon emissions, is happening 10 times faster than it did 56 million years ago, when many species were wiped out as a result. Around 9 million years after the extinction of the dinosaurs, between the Paleocene and Eocene epochs, a mysterious climate event caused global temperatures to soar and killed off many forms of marine life. Scientists are uncertain of the causes of the PaleoceneEocene Thermal Maximum (PETM),...
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Eurozone inflation rate falls again
2014-06-03 11:40:21| BBC News | Business | UK Edition
Eurozone inflation fell to 0.5% in May, down from 0.7% in April and below its 2% target, according to official figures.
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