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How Can Cameron Stop Fracking Causing Earthquakes? Easy. Change the Definition of Fracking.
How Can Cameron Stop Fracking Causing Earthquakes? Easy. Change the Definition of Fracking. David Cameron’s government has snuck a new definition of fracking onto the statute books – allowing hydraulic fracturing for shale gas to take place outside the new regulatory regime. Cuadrilla’s exploratory fracking, which caused two earthquakes in 2011 at Preese Hall in Lancashire, would not be classified […]
De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities
De-Dollarization Accelerates: Russia Launches SWIFT-Alternative Linking 91 Entities Back in 2013, The NSA was first exposed for secretly ‘monitoring’ the SWIFT payments flows. This appears to have been among the last straws for Russia (and others) as far as both NSA spying and dollar domination. Last year, following threats to remove Russia from SWIFT by the UK, (which SWIFT […]
Cameron Agrees ‘Rare Deal’ on Climate Change with Opposition Ahead of Election
Cameron Agrees ‘Rare Deal’ on Climate Change with Opposition Ahead of Election Environmental leaders have welcomed a rare cross-party deal to tackle climate change struck between Britain’s leading political parties ahead of the general election. Prime Minister David Cameron, Deputy Prime Minister Nick Clegg and opposition leader Ed Miliband of the Labour Party have jointly agreed […]
Fears over deflation thwarted Bank of England vote to raise interest rate
Fears over deflation thwarted Bank of England vote to raise interest rate Falling oil prices driving inflation down to 0.5% in January, forced Martin Weale and Ian McCafferty to back down Fears that Britain could sink into a damaging “deflationary spiral” have stayed the hands of Bank of England policymakers who had pushed for an early interest […]
Julian Assange has Spent 959 Days, or 1.3 Million Minutes, in Ecuador Embassy
Julian Assange has Spent 959 Days, or 1.3 Million Minutes, in Ecuador Embassy Julian Assange, the founder of anti-secrecy website WikiLeaks, is still holed up in the Embassy of Ecuador in London. In case you didn’t know, it’s been two and a half years–959 days or about 1,380,960 minutes–since he sought refuge at the embassy. […]
Why a UK shale gas industry is incompatible with the 2°C framing of dangerous climate change
Why a UK shale gas industry is incompatible with the 2°C framing of dangerous climate change This piece is a response to Professor Robert Mair’s Royal Society science policy blog, “Hydraulic fracturing for shale gas in the UK – an opportunity to shape a constructive way forward” (In Verba, 26th Jan): Professor Mair’s Royal Society post suggests that the development of a UK shale gas industry is […]
HSBC bank ‘helped clients dodge millions in tax’
HSBC bank ‘helped clients dodge millions in tax’ Banking giant HSBC helped wealthy clients across the world evade billions of pounds worth of tax, the BBC has learned. Panorama has seen accounts from 100,000 clients in more than 200 countries, leaked by a whistleblower in 2007. The documents include details of almost 7,000 clients based […]
UK Begins Preparations For Grexit
UK Begins Preparations For Grexit As recently as two years ago, even the merest hint that any entity was preparing for what then was unthinkable, namely the Greek exit from the Eurozone, was enough to get one burned at the stake. After all, recall what happened when none other than the head of the ECB lied on the record to […]
Fracking set to be banned from 40% of England’s shale areas
Fracking set to be banned from 40% of England’s shale areas Guardian analysis reveals new rules agreed by government will make huge swath of protected areas off limits for shale gas exploration Fracking is set to be banned on two-fifths of the land in England being offered for shale gas exploration by the government, according […]
30,000 troops, 6 rapid units: NATO increases military power in Eastern Europe
30,000 troops, 6 rapid units: NATO increases military power in Eastern Europe The NATO Response Force in Europe might increase to 30,000 troops, more than double the current 13,000, said the alliance’s secretary general after a defense ministers’ meeting in Brussels. Most of the troops are set to be stationed near Russia’s borders. NATO’s rapid […]
Leaked Document Could Shatter UK Shale Dreams
Leaked Document Could Shatter UK Shale Dreams U.K. Prime Minister David Cameron’s hopes for a British-style shale gas revolution recently took a major hit. Cameron has promised that his government will be “going all out” to develop Britain’s shale gas resources, which he argues will create new jobs and cut dependence on imported gas. But a committee […]
Message to the UK: the fracking ‘bridge’ is burning!
Message to the UK: the fracking ‘bridge’ is burning! The lesson of fracking in the US and Canada is a simple one, writes Naomi Klein. The fracking industry is vicious, brutal and will stop at nothing to get its way. British anti-frackers can celebrate yesterday’s achievements – but the fight ahead will not be an […]
MPs brand fracking ‘incompatible’ with UK climate targets
MPs brand fracking ‘incompatible’ with UK climate targets Fracking should be banned because it is incompatible with the UK‘s climate targets, according to the cross-party House of Commons Environmental Audit Committee (EAC). The committee’s report has been rushed out in advance of a series of parliamentary votes this afternoon on the government’s Infrastructure Bill. Ten MPs have tabled an amendment to the […]
David Cameron’s constituency safe from fracking as election looms – 200 MPs are not so lucky
David Cameron’s constituency safe from fracking as election looms – 200 MPs are not so lucky Half of prime minister David Cameron’s cabinet face having their water reserves fracked under the controversial Infrastructure Bill but it remains unclear if Cameron’s own Oxfordshire constituency would also be subject to fracking. More than 220 Tory and Lib Dem MPs […]
World Bank forecast causes markets to tumble
World Bank forecast causes markets to tumble Copper prices – seen as measure of global economy – fall along with shares, after growth prediction cut to 3% Copper prices fell and shares plummeted across Europe as markets reacted to the World Bank’s decision to cut its economic forecasts for this year and next. The price […]
