Encouraged by election of President Mohamud, Biden administration plans to redeploy troops in Somalia
The US has announced new plans to for a “persistent presence” in Somalia of up to “around 450” US soldiers, just over two years after former President Donald Trump ordered a withdrawal of 700 military personnel from the war-ravaged nation. The decision by President Joe Biden will reverse an earlier...
How climate change is key benchmark for financial markets to consider when pricing, investing in shares
In 2017, then-President Donald Trump withdrew the country from the landmark Paris Agreement; President Biden reversed this on his first day in office, enabling the US to rejoin earlier this year. In April this year, Biden also set new greenhouse gas reduction targets, pledging to reduce emissions by 50 percent...
Climate change: With floods, forest fires tormenting world, experts warn of hell as economies nosedive
The costs keep piling up: California’s 2018 fire season caused close to $150 billion in damages, and this year’s record-setting wildfires could prove just as dear. Rebuilding after Germany’s summer floods will probably cost more than $7.12 billion, the country’s finance minister says. And estimates place the damage from Hurricane...