90 seconds for reports of IPCC Climatic Alterations
A large number of scientists and politicians are being united in Stockholm in the current week for awaiting the latest report from the IPCC. It is the UN's Intergovernmental Panel on Climate Change.
Former report from the panel got released in 2007. It was considered as significant as it resulted in IPCC being awarded as the Nobel Peace Prize together with the Al Gore. As per the BBC's Victoria Gill, the report is important.
The researchers said they are fully convinced of the fact that the climate of the Earth is still warming. Instead of it, the lawmakers are failing to do anything about the same as the speed of the alterations has slowed down at an unexpected rate.
As per the draft documents produced by Bloomberg ahead of publication due on September 27, the data has resulted in a rise in the global temperature by year 2100.
Moreover, the most accomplished assessment of climate science in six years is also expected to make such conclusions that the melting of the ice will result in rise in sea level faster than projected previously.
The analysis muddies the scenario about the amount of carbon dioxide putting an impact on the climate. This avails ammunition to those who are not sure about the fact that the issues require immediate measures.
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.