Category: Business / Finance

Adani reaching coal seam at Carmichael Project draws flak from conservation groups

Bravus Mining and Resources CEO, David Boshoff holding the first coal.Photo- Bravus Mining and Resources. By SAT News Desk MELBOURNE, 24 June 2021: A media release from Bravus Mining Resources (Adani Australia), starts off with the heading ‘We have struck coal at Carmichael’. The finding of the first coal at […]

Who is Lina Khan, the new US antitrust watchdog?

Leena Khan. Photo- Weikipedia By Kristie Pladson The new head of the US Federal Trade Commission has made a name for herself criticizing Big Tech. At 32, Lina Khan is the youngest commissioner in the agency’s history. Just weeks after world leaders agreed to support greater taxation of multinational companies, […]

AIIB and World Bank Group financially exposed to Myanmar military business

June 21, 2021: The Asian Infrastructure Investment Bank (AIIB) is indirectly financing a telecommunications infrastructure company in business with the Myanmar military, calling into question the thoroughness of the bank’s human rights due diligence. The company, Myanmar Fiber Optic Communication Network (MFOCN), has also benefited from World Bank-sponsored loan guarantees. […]

VIEWPOINT: The Carbis Bay imperialism

G7 photo tweeted by @EmmanuelMacron By Bhabani Shankar Nayak* The recently concluded meetings of the leaders of the Group of Seven (G7) countries in Cornwall from the 11th to 13th of June 2021, have reaffirmed their commitment to a post-pandemic world based on twin planks; i) revive capitalism and ii) […]

Future of electric vehicles in India ?

Photo-Supplied By Chitwan Sharma in New Delhi Are Electric Vehicles inevitable? The short answer is Yes. Crude oil, as we all know, is an exhaustible resource and in this day and age, more than 1 billion vehicles run on fossil fuels. But unfortunately, the era of the internal combustion engine […]