Arctic Ice Cover Grows by 60% a Year
It has been revealed that a chilly Arctic summer has attributed to form a million more square miles of ocean covered with ice in comparison to the same time last year. The increase was reported to be 60% than last year. BBC has reported previously that global warming would leave the Arctic ice-free in summer by 2013.
It has been days before the beginning of annual autumn re-freeze that a huge unbroken ice sheet has formed. It stretches from the Canadian islands to Russia's northern shores.
The concerns, raised after the revelations of The Mail on Sunday's, has led the UN's climate change body to organize a crisis meeting. Fifth Assessment Report of the UN Intergovernmental Panel on Climate Change was due to publish in October. It is actually a three-volume study that is issued every six or seven years.
A pre-summit in Stockholm will be held later this month. It has been showed by leaked documents that more than 1,500 changes to the report's summary for policymakers have been demanded by governments which support and finance the IPCC.
Professor Anastasios Tsonis said, "We are already in a cooling trend, which I think will continue for the next 15 years at least. There is no doubt the warming of the 1980s and 1990s has stopped".
He is a professor at the University of Wisconsin and he was the first to investigate the ocean cycles.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.
Norway is planning to add additional tax burden on consumers planning to buy electric cars.
German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.
The International Monetary Fund (IMF) has raised growth outlook for global economy considering stronger growth and signs of recovery in many key markets. However, the IMF forecast has raised doubts over growth in India and the United Kingdom.