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Only quick shift to 'net zero' emissions will boost GDP: Report

FRANKFURT (REUTERS) – Cutting planet-warming emissions to “net zero” by 2050 could lift growth and employment but would require an inflation-boosting US$160 (S$212) per tonne carbon price by the end of the decade, an umbrella group of the world’s top central banks said on Monday (June 7). Facing calls for action with their vast financial firepower, central banks are now contemplating policy options to fight climate change and rely on deep analysis from their Network for Greening the Financial System (NGFS) to aid their deliberations. In an update to their economic scenarios, the NGFS concluded that only a relatively quick and orderly transition to a low-carbon economy would add to growth while a delayed transition or no action would cut deep into the economy. “If these changes occur in an orderly fashion, the scenarios suggest that it could lead to some increase in global GDP, and lower unemployment relative to prior trends,” the NGFS said. “If the transition fails, analysis from the NGFS scenarios suggest that up to 13 per cent of global GDP would be at risk by the end of the century, even before accounting for the potential consequences of severe weather events,” it added.

2021 SNEC丨Arctech Signed MoU 1GW Solar Tracker Delivery Worldwide

SHANGHAI, June 8, 2021 /PRNewswire/ — Arctech, a leading manufacturer and supplier of solar trackers, fixed-tilt structures and BIPV systems, showcased its flagship 2P tracker, SkySmart II, as well as the integrated BIPV system at the SNEC 2021, which is one of the world’s largest solar exhibition in Shanghai China, on June 3rd-5th. Arctech also launched the first-of-its-kind wireless-synchronized seasonal tilted mounting system.At SNEC 2021, Arctech has signed a Memorandum of Understanding（MoU）with Rodina, a Ukraine-based energy corporation, to supply 1GW tracker products and project management for solar projects worldwide, which represent a breakthrough in the market expansion. According to the agreement, Arctech will deliver 1 GW trackers to Rodina’s projects in global markets, especially for the North America, Central Asia and Eastern Europe markets, in the next two years. Meanwhile, the both parties agreed to work together on the solar project management and O&M service scope in the future.Founded in 2013, Rodina is headquartered in Kyiv, Ukraine, with overseas offices in Belarus, Kazakhstan and Turkey. Currently, it is the only European company with successful solar power projects in Ukraine, Belarus, Russia, Armenia, Turkey and Kazakhstan.As of the end of 2020, Arctech had supplied over 32GW of tracking and racking systems

Apple's new privacy feature, designed to mask users' internet browsing, won't be available in China

In this articleAAPLApple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California.Brooks Kraft/Apple Inc/Handout via ReutersGUANGZHOU, China — Apple’s new feature designed to give users more privacy when browsing the web will not be available in China, one of the iPhone maker’s most important markets.Apple revealed a new service called iCloud+ at its Worldwide Developers Conference (WWDC) on Monday. One of the features included in that is “Private Relay.”When users browse the internet using Safari, their data will be sent through two separate servers in order to mask the user’s identity and what sites they are visiting. As a result, even Apple or the user’s network provider cannot see that data.It’s a little like a virtual private network (VPN) where users can route their internet traffic through a server located somewhere else in the world to mask their browsing activity.China so-called Great Firewall effectively allows authorities to block websites from being accessed within China including Google and Facebook. VPNs are often used to get around China’s strict internet controls.An Apple spokesperson told CNBC that Private Relay will not work in China and some other countries including Saudi

Biden's first foreign trip well choreographed but US-EU tensions remain

LONDON – US President Joe Biden is guaranteed a warm welcome when he arrives in Europe for his first visit to the continent since he took office. For Mr Biden has worked hard to reverse the serious political damage inflicted by the confrontational policies of his predecessor Donald Trump.And in a series of European summits in the next few days, he will be at pains to meet with the leaders of every single European state – a demonstration of a pledge Mr Biden made on the eve of his departure from Washington to assert “America’s renewed commitment to our allies and partners”. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive storiesIn-depth analyses and award-winning multimedia contentGet access to all with our no-contract promotional package at only $0.99/month for the first 3 months* *Terms and conditions apply.

Sanofi Launches Global Employee Share Ownership Plan

(RTTNews) – Sanofi has launched its global employee share ownership plan, which will open to 92,000 employees in 73 countries. As of on Monday, the shares will be offered at a subscription price of 69.38 euros, which is equal to a 20% discount off the average of the 20 opening prices of Sanofi shares from May 6 to June 2, 2021. In addition, for every five shares subscribed, employees will be able to receive one free share (up to a maximum of four free shares per employee). Each employee will be able to purchase up to 1,500 Sanofi shares within the legal limit of a maximum payment amount that does not exceed 25% of their gross annual salary, minus any voluntary deductions already made under employee savings schemes during the year 2021. In 2020, the employee share ownership plan, open to around 90,000 employees in 72 countries, saw its overall uptake rate exceed 36%. More than 33,000 Sanofi employees chose to invest in the company, Sanofi said. As of on Monday, about 90,000 current or former employees of the company are direct or indirect shareholders of Sanofi, and hold about 2.8% of its capital. Eligible staff will be

Giuliani pressed Ukrainians to probe Biden allegations in 2019 call: CNN

WASHINGTON (REUTERS) – The audiotape of a July 2019 phone call shows former US President Donald Trump’s then-lawyer Rudy Giuliani pressuring Ukrainian officials to investigate baseless allegations about Mr Trump’s 2020 election rival Joe Biden, CNN reported on Monday (June 7). CNN said it had obtained the audio of the call between Mr Giuliani, US diplomat Kurt Volker, and Mr Andriy Yermak, a senior adviser to Ukrainian President Volodymyr Zelenskiy which it said was the precursor of a Trump-Zelenskiy call which was at the centre of Mr Trump’s 2019 impeachment. In the call, Mr Giuliani said he wanted Mr Zelenskiy to say he was putting a prosecutor in charge and “he’s gonna investigate and dig up the evidence, that presently exists and is there any other evidence about involvement of the 2016 election, and then the Biden thing has to be run out,” according to CNN. Mr Trump, a Republican, denounced as a political witch hunt allegations that he pressed Mr Zelenskiy during a phone call to dig up dirt on Mr Biden. The Democratic-led US House of Representatives voted to impeach Mr Trump in December 2019, but he was acquitted by the then-Republican-dominated Senate early in

Hundreds arrested globally after joint US-Australian organised crime sting

CANBERRA (REUTERS) – A joint US-Australian police operation targeting organised crime led to hundreds of arrests in 18 countries after officers penetrated an app used by criminals and read millions of encrypted messages, Australian police said on Tuesday (June 8). The operation between Australia and the US Federal Bureau of Investigation ensnared criminals in Australia, Asia, South America and the Middle East involved in the global narcotics trade, police said. Australian Prime Minister Scott Morrison said the operation “struck a heavy blow against organised crime – not just in this country, but one that will echo around organised crime around the world”. “This is a watershed moment in Australian law enforcement history,” he told reporters in Sydney. Australian Federal Police Commissioner Reece Kershaw said police raids in 18 countries netted hundreds of suspects. Australia said it had arrested 224 people including members of outlawed motorcycle gangs, while New Zealand said it had detained 35 people. Australia did not detail any arrests in other countries but said Europol and the FBI would hold news conferences later on Tuesday. The operation, which was conceived by Australian police and the FBI in 2018, saw officials in the United

Arctic micro-animal survives 24,000 years in Siberian permafrost

WASHINGTON (AFP) – A microscopic animal called a bdelloid rotifer came back to life after being frozen for 24,000 years in Siberia and then successfully made clones of itself, Russian scientists said on Monday (June 7). Stas Malavin, who co-authored a paper in the journal Current Biology on the development, told AFP the finding raised intriguing questions about what mechanisms the multicellular animal used to endure its long rest. “Our report is the hardest proof as of today that multicellular animals could withstand tens of thousands of years in cryptobiosis, the state of almost completely arrested metabolism,” said Malavin, of the Institute of Physicochemical and Biological Problems in Soil Science in Pushchino, Russia. The research team used a drilling rig to collect core samples from Alazeya River in the Russian arctic then used radiocarbon dating to determine that the age of the specimen was between 23,960 to 24,485 years old. They had previously identified single-celled microbes capable of similar feats. In terms of multicellular organisms, there has been a report of a 30,000-year-old nematode worm coming back to life, and mosses and some plants also have been regenerated after many thousands of years trapped in the ice.

Oldest male chimpanzee in US dies at age 63

SAN FRANCISCO (REUTERS) – Cobby, America’s oldest male chimpanzee who was beloved as a peacekeeper among primates and an animal envoy to humans who visited and worked at the San Francisco Zoo, has died at age 63. “Cobby was part of San Francisco,” said Ms Tanya Peterson, chief executive of San Francisco Zoological Society. “He is irreplaceable, and our hearts are broken.” Zookeepers would miss most “how he expressed his ‘goodnight’ to them with a soft pant-hoot”, the zoo said. Nicknamed “Papa” as the respected elder of the primate troop, Cobby was remembered as a charismatic and compassionate mentor for the zoo’s newly acquired chimps, and was credited with the smooth introduction of other males to the group. “Cobby had never lived with males until recently and he was able to be a role model for appropriate male-to-male relationships while maintaining strong bonds with his long-time female companions,” the zoo said. Before his placement at the zoo with three females in the mid-1960s, Cobby was a performing chimpanzee who was human-reared. As a result, he formed similarly strong relationships with his zoo caregivers. His regard for humans extended to zoo visitors, who were delighted

Gripped by 'dinner party-gate', Yale Law confronts a venomous divide

NEW HAVEN (NYTIMES) – On March 26 this year, a group of students at Yale Law School approached the dean’s office with an unusual accusation: Amy Chua, one of the school’s most popular but polarising professors, had been hosting drunken dinner parties with students, and possibly federal judges, during the pandemic. Prof Chua, who rose to fame when she wrote “Battle Hymn of the Tiger Mother”, is known for mentoring students from marginalised communities and helping would-be lawyers get coveted judicial clerkships. But she also has a reputation for unfiltered, boundary-pushing behaviour, and in 2019 agreed not to drink or socialise with students outside of class. Her husband, Jed Rubenfeld, also a law professor, is virtually persona non grata on campus, having been suspended from teaching for two years after an investigation into accusations that he had committed sexual misconduct. The dinner parties, the students said, appeared to violate Prof Chua’s no-socialising agreement, and were evidence that she was unfit to teach a “small group” – a class of 15 or so first-year students that is a hallmark of the Yale legal education, and to which she had recently been assigned. “We believe that it is unsafe