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Brazilian environment minister probed for timber trafficking

Ten Brazilian officials probed for trafficking

Brazilian environment minister probed for timber trafficking

Brazilian environment minister probed for timber trafficking

Brazil’s Supreme Court ordered an investigation of Environment Minister Ricardo Sels to be launched as police raided the ministry’s office on Wednesday targeting the alleged logging scheme involving him and the authorities.
The other high-ranking people in the far-right government of President Bo Jones.

Judge Alexandre de Moraes ruled that federal police had evidence that Salles and other environmental officials were involved in “A serious plan to facilitate the trade of tropical forest products”.

He suspended 10 officers from their posts, including Eduardo Bim, Brazil’s IBAMA chief of environmental protection services, and gave police access to Salles’ bank accounts looking for evidence of illegal income.

Also Read: US seizes big cats from ‘Tiger King’ park owner

At its most controversial, Bolsonaro has spearheaded an increase in deforestation in the Amazon rainforest, and activists accuse him of obstructing Brazil’s environmental programs.

Brazilian media reported that police searched the home of a sales department in Sao Paulo as part of the operation.

About 160 police officers raided the Ministry of Environment offices in Brasilia, Sao Paulo, and the northern state of Para.

Also Read: Hour-by-hour: Biden’s push for a cease-fire behind the scenes

Under the alleged scheme, IBAMA waived the requirements for timber exporters.

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G7 leaders commit to increasing climate finance contributions

G7 leaders are also expected to set out action to cut carbon emissions, including measures such as ending almost all direct government support for the fossil fuel energy sector overseas and phasing out petrol and diesel cars

G7 leaders commit to increasing climate finance contributions
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G7 leaders commit to increasing climate finance contributions

British Prime Minister Boris Johnson, US President Joe Biden, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Australian Prime Minister Scott Morrison, German Chancellor Angela Merkel, German Chancellor Angela Merkel Ramafosa, and South Korean President Moon Jae-at the G7 summit held in Carbis Bay, Cornwall, Britain on June 12, 2021.

G7 leaders promised on Sunday that they would increase their investment in climate change to meet the remaining $ 100 million a year to help poorer nations reduce carbon emissions and cope with global warming.

As part of a strategy to accelerate infrastructure funding in developing countries and to switch to renewable and sustainable technology, the world’s seven leading economies will once again commit themselves to achieve that goal.

Some green parties have not been impressed, Greenpeace UK says G7 boss, British Prime Minister Boris Johnson, “simply revived old promises” and will not take “anything” if nations do not get the money.

“Protecting our planet is the most important thing we can do as leaders of our people,” Johnson said in a statement.

“As a democracy, we have a responsibility to help developing countries achieve the benefits of clean development through a just and transparent system. The G7 has an unprecedented opportunity to lead the transformation of the world’s green, industrialized nations.”

He did not provide details or numbers for the new commitment.

Developed countries agreed in the United Nations in 2009 to jointly contribute $ 100 billion a year by 2020 to support climate change in poor countries, many of which face rising sea levels, hurricanes, and droughts exacerbated by climate change.

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Chinese military holds amphibious landing exercise near Taiwan after US Senators visit

Chinese military holds amphibious landing exercise near Taiwan after US Senators visit
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Chinese troops arrived in a swampy area near Taiwan a few days after a group of American senators visited the remote island by military plane as a sign of support.

According to a statement issued by the People’s Liberation Army Eastern Theatrical Command, the 72nd Army Group conducted maritime training that included navigating submarine vehicles and attacking by reaching undisclosed waters in southern Fujian Province, southern China. The Hong Kong Post reported on Wednesday.

The descent on bicycles is an important step in getting troops into an island such as Taiwan, which Beijing considered to be its rebel province. Beijing has never abandoned the use of military tactics to include Taiwan, an independent island that China claims as its territory.

On Monday, China launched an ambassador to the United States over the visit of three U.S. senators to Taiwan, saying the United States should suspend any form of official contacts with Taipei.

Worryingly in Beijing, senior members of the Senator boarded a military plane to Taiwan to announce a donation of vaccines.

Chinese Foreign Ministry spokesman Wang Wenbin said at a press conference that their visit had seriously violated China’s policy and the three China-American communications that the United States once said would follow.

Wang urged the United States to immediately suspend any form of legal exchanges with Taiwan, in order to handle the Taiwan issue carefully and not to send an inappropriate message to the “Taiwanese Freedom” movement to avoid further damage to US-China relations. Peace and stability in Thailand Strait.

China’s Ministry of Defense strongly condemned the visit of three U.S. senators to Taiwan, calling it a “disgusting political challenge” that challenges China’s authority and aims to achieve the ultimate goal of “preventing China”.

In addition to vaccines, the biggest challenge in China is American military planes parked on the runway, reports CNN.

The U.S. delegation arrived at Taiwan International Airport in Taiwan in a US Air Force C-17 Globemaster III truck – a U.S. military aircraft.

China opposes US arms sales in Taiwan.

On May 19, an American arcade went through Taiwan Straits, protesting China’s claims in the region as Beijing called Taiwan as part of its territory.

The 7th Fleet of the US Navy said in a statement that “the passage of the ship through Taiwan’s crisis shows America’s commitment to a free and open Indo-Pacific.”

China is increasingly concerned about US policy towards Taiwan.

China, for its part, has committed itself to unite the island with China and has strengthened military forces in the region. Beijing is strongly opposed to the current Taiwanese President
Tsai Ing-wen, a staunch supporter of Taiwan’s independence.

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Indian tech ready for its second era

Indian tech ready for its second era

It is being shaped into a defining year in Indian technology. Startups such as Zomato Food Delivery and digital payment star Paytm have grown rapidly with the rapid adoption of smartphones. The foreign capital Oodles has also helped. As business models and financial models evolve, the number of initial public offerings to come identifies new challenges.

The rise in the dismissal of Indian workers such as Tata Consultancy Services (TCS.NS) in the 1990s marked the first golden age. Today, the country owns about 100 unicorns – unregistered, mostly new technology companies worth $ 1 billion or more – according to Credit Suisse estimates. The Biggies put Walmart’s tailer Flipkart (WMT.N), raising $ 40 billion and following the list in New York next year.

Those who donate their shares home, including Zomato who makes a fortune and an online beauty store, will help build a $ 2.9 trillion stock market. To date, India’s most important stocks include HDFC Bank (HDBK.NS) and consumer goods company Hindustan Unilever (HLL.NS). Only two companies in the Nifty 50 rating have negative earnings per share, according to Refinitiv. The new problems will put foam and red ink on the market.

However, the line is strong. Mobile data in India is one of the cheapest in the world. The debt goes to Mukesh Ambani, whose real name is Reliance Industries (RELI.NS) which led to a price war and scratches. Sending digital money is easy because of legitimate efforts to improve bank accounts and the biometric identity system for everyone. The first economies like Paytm, which is making a $ 3 billion skirt this year, have implemented a new payment system in the country.

New Chinese investment barriers add additional incentives to the list. Jack Ma’s Ant, for example, owns 30% and 17% of Paytm and Zomato respectively. With tensions between New Delhi and Beijing, such financial resources appear to be extremely difficult to operate and less attractive. For Paytm, the expected exit from its Chinese sponsors will create a tough tightening in its stocks.

Fortunately, the beginning of the Indians is already growing. Since 2019, Indian technology investor SoftBank (9984.T) has grown its capital wisely, forcing companies to focus on their line. The epidemic has helped others reduce their grants. Those who enter the public light will all be tropical places.

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