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Defusing mortgage timebomb 'like Space Invaders'

2018-05-17 11:50:38| BBC News | Business | UK Edition

Targeting borrowers with no plan to pay off their mortgage is like the cult game, a banking body says.

Tags: space mortgage invaders defusing

 

Borrowers ignoring mortgage timebomb, says FCA

2018-01-30 12:58:52| BBC News | Business | UK Edition

Nearly one in five mortgage-holders has an interest-only home loan, but many do not have a plan for the final bill.

Tags: mortgage ignoring borrowers timebomb

 
 

Carbon time-bomb Siberia threatens catastrophic climate change

2015-05-11 23:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Express: Experts have said thawing permafrost in little-known peat bogs in the frozen Russian wilderness could expedite the global warming process. Vast swathes of marshland in Siberia are starting to emit greenhouse gases 30 times more potent than carbon dioxide into the atmosphere. The threat comes from bogs around the size of mainland France which absorbed carbon dioxide over thousands of years before freezing over during the last Ice Age. Now for the first time in 11,000 years, the thick permafrost...

Tags: change carbon climate climate change

 

Rapid Arctic thawing could be economic timebomb, scientists say

2014-08-03 01:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Rapid thawing of the Arctic could trigger a catastrophic "economic timebomb" which would cost trillions of dollars and undermine the global financial system, say a group of economists and polar scientists. Governments and industry have expected the widespread warming of the Arctic region in the past 20 years to be an economic boon, allowing the exploitation of new gas and oilfields and enabling shipping to travel faster between Europe and Asia. But the release of a single giant "pulse" of methane...

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Fukushima-Style Nuclear Power Plant in Washington Is Seismic Timebomb

2014-05-05 19:00:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The landscape of eastern Washington State is deceptively tranquil: a pastiche of vineyards, farms, scrub grass, ridges and windmills. But what appears peaceful and settled in the moment has proven restive and violent over geologic time. Beneath the glacial trough of the Puget Lowland, and extending east through the Cascades to the Columbia Basin, lies a hidden landscape of geomorphic rubble--broken basalt, vast shards of continental rock, volcanic ash and layers of ancient sediment. Like a picnic...

Tags: power washington plant nuclear

 

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