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Thursday 06 October 2016 9:22 amLeading economist Lord Nicholas Stern has the world economy could ldquo elf destruct if we donrsquo;t stop doing thisBy: Francesca WashtellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleLeading economist and climate change researcher Lord Nicholas Stern has said the global economy could self destruct if humans do not stop using fossil fuels.However, Stern added that strong investment in green, renewable technologies could revive world growth.The professor and author o <a href=https://www.brumates.us>brumate</a> f the watershed Stern Review on the economic effects of climate changeissued thewarning at an event last night ahead of the launch of a newreport from the Global Commission on the Economy and Climate, the Independent reported.The report calls on governments and global institutions to transform the financial system to deliver sustainable infrastructure and reignite growth . <a href=https://www.polene-italy.it>polene italy</a> Read more: Lord Stern delivers stark warning to Mark Carney s climate task forceIt estimates investments totaling$90 trillion pound;71 trillion will be needed in infrastructure over the <a href=https://www.polenefr.fr>polene france</a> next 15 years,even if we continue under business-as-usual development that does not focus on sustainability.But altering infrastructure investment to ensure new infrastructure schemes deliver a low-carbon economy consistent with the climate goals agreed in Paris need not cost much more .Four key action area Joio Time Warner share price jumps as chief exec Jeff Bewkes promises to double earnings growth
Thursday 05 July 2012 10:45 amECB cuts rate to record lowBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe European Central Bank cut interest rates to a record low to breathe life into a deteriorating Eurozone economy but steered clear of more dramatic measures such as buying <a href=https://www.cup-stanley.ca>stanley mugs</a> government bonds or flooding banks with fresh liquidity.The quarter-point cut in the ECBrsquo main refinancing rate to 0.75 percent was in line with market expectations and followed a dire batch of economic data that show even euro zon <a href=https://www.owala-water-bottle.us>owala tumbler</a> e powerhouse Germany is ente <a href=https://www.stanley-cup.at>stanley becher</a> ring a modest downturn.European shares extended gains on the news and the euro fell. Of 71 economists polled by Reuters, 48 had expected the bank to cut, most of them by 25 basis points, though some others forecast a larger decrease.But stock gains were relinquished after ECB President Mario Draghi said the euro zone economy would recover only gradually, threatened by the debt problems of several of the blocrsquo members and banksrsquo; unwillingness to lend. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover