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Developing Asia can weather Fed's tapering, says ADB Tuesday, Oct 01, 2013 06:34 PM PDT By Rosemarie Francisco MANILA (Reuters) - Asian economies can ride out the storm when the Federal Reserve finally begins ending years of easy money, with even those most at risk, India and Indonesia, holding enough currency reserves for rough times ahead, according to the Asian Development Bank. Updating forecasts for 2013 and 2014, the Manila-based lender said on Wednesday that growth in developing Asia is likely to be slower than it thought three months ago, when it last revised forecasts to an annual outlook released in April. ... Full Story | Top |
'Climate refugee' fighting to stay in New Zealand Tuesday, Oct 01, 2013 05:33 PM PDT WELLINGTON, New Zealand (AP) — A man from one of the lowest-lying nations on Earth is trying to convince New Zealand judges that he's a refugee — suffering not from persecution, but from climate change. Full Story | Top |
Rough Waters Ahead: Climate Change Report Ups Sea-Level Projections Tuesday, Oct 01, 2013 01:00 PM PDT The latest international climate-change report has upped the expectations for rising sea levels as the globe warms — a change scientists anticipated thanks to an improved understanding of the potential contribution from melting ice sheets. Full Story | Top |
Wildfire Season Could be Longer, More Intense by 2050 Due to Climate Change Tuesday, Oct 01, 2013 07:22 AM PDT A new study by a group of environmental scientists at the Harvard School of Engineering and Applied Sciences indicates that climate change is causing more extreme wildfires, Risk Management reports. The findings show that by 2050, the season during which wildfires are at their most intense could be three weeks longer than it is currently—extending from late April to mid-October. Analysis by the team of scientists also suggests that wildfires will be much larger and produce up to twice as much smoke as average fires do now. Full Story | Top |
Japanese suppliers weather electronics storm better than name brands Tuesday, Oct 01, 2013 05:57 AM PDT By Sophie Knight MAKUHARI, Japan (Reuters) - Japan's flagship consumer technology brands have had a rough few years with their products overshadowed by Korean and U.S. rivals, but the Japanese parts makers who supply those rivals are doing a roaring trade. That is especially true for Murata Manufacturing Co Ltd, known as a supplier for Apple Inc's iPhone and Samsung's Galaxy series of smartphones, and which is projecting a 71 percent jump in operating profit this year. Orders between July to September were on a par with the previous quarter's record high of 190.5 billion yen ($1. ... Full Story | Top |
Bloomberg Joins New Front in Climate Battle Tuesday, Oct 01, 2013 01:38 AM PDT Outgoing New York Mayor Michael Bloomberg is teaming up with a pair of other big names in an attempt to convince Americans that the cost of fighting climate change now will have a major economic payoff down the road. Full Story | Top |
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