Scientists Say Amazon Rainforest at Irreversible Tipping Point

Scientists Say Amazon Rainforest at Irreversible Tipping Point
Leading climate scientists say the Amazon rainforest is at an irreversible tipping point. Jair Bolsonaro, Brazil’s far-right president could push the rainforest to the tipping point within the next 2 years. Monica de Bolle, a senior fellow at the Peterson Institute for International Economics in Washington DC., says maintaining the current rate of deforestation would bring the Amazon “dangerously close to the estimated tipping point as soon as 2021 … beyond which the rainforest can no longer generate enough rain to sustain itself.”[1] Bolsonaro has vowed to develop the Amazon and allow mining on indigenous lands.… Read the rest

Deutsche Bank ‘Run’ and Barclay Hedge Fund ‘Poaching’

Deutsche Bank ‘Run’ and Barclay Hedge Fund ‘Poaching’
Deutsche Bank, one of the biggest banks in Europe, just laid off 20% of it’s work force. It posted a second quarter loss of 3.5 billion dollars (USD) and possibly worse yet, is experiencing “a run on the bank” — depositors pulling their money from the bank — of up 1 billion dollars a day presently. The CNBC Report indicates: The British bank, run by ex-J.P.… Read the rest