Did you know that food costing more when you shop? Here's why -- we're plunging headlong into a world food crisis. Rocketing prices are squeezing billions and triggering food riots from Bangladesh to South Africa. Aid agencies say 100 million more people are at risk of starvation right now[1].
In Sierra Leone alone the price of a bag of rice has doubled, becoming unaffordable for 90% of
In line with its strong commitment towards preserving the environment, the philanthropic arm of GE, the GE Volunteers India launched a tree plantation drive "Green Environment" in partnership with the Defense Services.
More than 20 volunteers from the Delhi chapter of GE Volunteers India actively participated in the drive flagged off by Mr. William Blair, the Country Director of GE Aviation, India and Chairman, Delhi Chapter, GE Volunteers India. Around 2,000 saplings of different trees like Ashoka, Silver Oak, Arjuna, Bottle Brush, Alistonia and Jamun were planted across the Army Cantonment area.
Elaborating on GE’s commitment towards environmental conservation, Mr. Blair said, “This is part of GE’s effort to bring our teams together and give back to the community where we work and live. The tree plantation is an excellent initiative to increase the green cover, which is great for the community and positively impacts our environment”.
The GE Volunteers India comprises of GE employees and retirees who help improve their community by donating time and money to community based projects. More than 4,000 GE volunteers are currently engaged in over 40 on-going projects and 25 one-day events across the country.
Each region has a separate council of people dedicated to GE’s CSR projects. These teams of four to six people work with various project leaders to arrange funding from the business. Focusing on areas like education, environment and healthcare, the project activities range from cleaning, painting schools, blood donations and tree plantations to visiting visually challenged institutes and orphanages and donating toys and books.
Elected officials, environmental organizations as well as ordinary Canadians of all political backgrounds should take note of the lifetime achievements of recently-deceased U.S. Senator Gaylord Nelson, the founder of Earth Day. Nelson's work prompted the head of the Washington-based Wilderness Society to describe Nelson as "the founding father of the modern environmental community". Earth Day,
If all people around the world consume as we do in the west, we would need 5 earths to support it.
So we are domed, as our market economy is based on use consuming more. Our business and government is not going to change this, it comes down to us the individuals to do something about it.
Are you ready to something to stop the climate changes?
What can you do?
For instance, you could change your light
There are bananas, and there are bananas. The banana market is controlled by five large corporations - Chiquita (25%), Dole (25%), Del Monte (15%), Noboa (11%) and Fyffes (8%). When you shop at the supermarket, how often do you think about where the food you eat comes from or how it was grown? Supermarkets today contain food from all over the world. But how does a banana get to our table?
Most
What does it mean to be Canadian when we come from everywhere?
How do we forge a shared national purpose among people who have never shared anything before?
The world is coming to Canada. More and more Canadians are global citizens, exploring the world or staying connected to our countries of origin more instantly, more easily and more inexpensively than ever before.
We are Canadians without
Canadians should brace for $1.50 gallon gas prices in the near future as global oil supply will increasingly have trouble keeping pace with demand, forecasts a new energy report from CIBC World Markets.
The report predicts that surging demand in developing economies combined with accelerated depletion of existing supply and widespread delays in getting new oil fields up and running will see the global supply of oil fall as much as eight million barrels a day below U.S. Department of Energy and International Energy Agency estimates by 2012.
As part of its research, CIBC World Markets reviewed nearly 200 new oil projects slated to start production over the next five years and found that scheduled production timelines are far too optimistic, with project delays the norm, not the exception, among the group.
It found that heavy reliance on increasingly high cost and technically challenging fields like the Kashagan project in Kazakhstan, Russia's Sakhalin II and Canadian and Venezuelan oil sands have left world supply growth vulnerable to a seemingly never-ending series of project delays.
Mr. Rubin notes that delays in the Venezuela and Canada will shave over 700,000 barrels a day from earlier 2012 production forecasts. In some nations, soaring development costs have resulted in complex and often tense re- negotiations of royalty agreements with host countries. Some have even led to either a temporary or indefinite suspension of operating licenses.
These project delays are also happening at a time of accelerated global depletion in existing fields. The rate has climbed to over four per cent, which cuts nearly four million barrels per day out of each year's production. The recent increases are in part, related to the growing importance of offshore, and, in particular, deepwater fields, which have depletion rates twice that of conventional fields.
The result of this unchecked soaring demand in most oil-producing nations means they will not be able to add any additional exports to meet the surging demand in developing countries. Since crude demand in countries like China and India is far more income-elastic than price-elastic, these countries are likely to outbid OECD markets for increasingly scarce global supply.
The OECD, the largest global oil market today, is much more price sensitive and oil consumption, which has already fallen over the last two years, will decline by almost four million barrels per day over the next five years in response to steadily rising prices.
The complete CIBC World Markets report is available at: http://research.cibcwm.com/economic_public/download/occtrept65pdf.
TRADITIONAL ECONOMICS
The dominant economic theme for 2008 will be significantly slower economic growth in the United States, Canada and around the globe, according to the December issue of the TD Quarterly Economic Forecast.
In the U.S., the fallout from the problems in credit markets, which intensified once again in November, will aggravate the weakness in real estate markets. High inventories of unsold homes and
Genetic engineering (GE) involves inserting genes from one organism into another, unrelated organism. The results are not found in nature and cannot be achieved by traditional cross-breeding techniques.
GE crops are usually sold by multinational corporations and are most often designed to survive repeated applications of specific, patented weed or pest killing chemicals. While there are many