Liberal-democratic institutions have suffered a near-fatal blow in the United States; Europe, caught leaderless as the United States vacates this position, is in disarray.
Three words have come to define this moment: I can't breathe.
Thinktank says changes to forecasts reflect accelerated shift away from fossil fuels
The world’s largest listed oil companies have wiped almost $90bn from the value of their oil and gas assets in the last nine months as the coronavirus pandemic accelerates a global shift away from fossil fuels.
In the last three financial quarters, seven of the largest oil firms have slashed their forecasts for future oil market prices, triggering a wave of downgrades to the value of their oil and gas projects totalling $87bn.
The amount of oil spilled from the Japanese-owned ship nearby the lagoons and coastal areas of south-east Mauritius is relatively low compared to the big oil spills the world has seen in the past, but the damage it will do is going to be huge and long-lasting, experts say.
Unlike most previous offshore spills, this has taken place near two environmentally protected marine ecosystems and the Blue Bay Marine Park reserve, which is a wetland of international importance.
