• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On July 28th, Ebury analyst Matthew Ryan stated that the UKs public finances are under pressure, leaving the government with little room for further policy easing. Ryan pointed out that the UK government debt is approximately 100% of GDP, and the UK also has one of the highest borrowing costs among developed economies. Against this backdrop, any indication that the new Chancellor of the Exchequer plans to relax fiscal rules, even with minor adjustments, could undermine market confidence in UK fiscal discipline and trigger a new round of sell-offs in UK assets. Analysts believe that the UK government needs to strike a balance between stimulating economic growth and maintaining fiscal credibility, and the uncertainty surrounding fiscal policy is likely to continue to affect the performance of the pound and the UK government bond market.Japans nuclear regulatory agency stated that after inspection, no abnormalities were found at the Ikata, Genkai, and Sendai nuclear power plants following the earthquake.The China Earthquake Networks Center officially measured a 6.8-magnitude earthquake at 15:27 on July 28 in Kyushu, Japan (32.65°N, 130.75°E), with a focal depth of 10 kilometers.Iranian government spokesman: The rise in commodity prices is due to the USs maritime plundering during the war.July 28th - According to preliminary measurements by the Tsunami Warning Center of the Ministry of Natural Resources, a magnitude 6.8 earthquake occurred in the sea area off Kyushu Island, Japan (32.68°N, 130.80°E) at 15:27 (Beijing time) on July 28, 2026, with a focal depth of 15 kilometers. The exact earthquake information is subject to measurement by the China Earthquake Networks Center. Based on preliminary earthquake parameters, the Tsunami Warning Center of the Ministry of Natural Resources judges that the earthquake may trigger a local tsunami around the epicenter, but will not have a disastrous impact on my countrys coast.

Plastic Consumption Is Projected to Nearly Double by 2050, According to Studies

Haiden Holmes

Feb 27, 2023 14:08

微信截图_20230227135413.png


According to research published on Monday, plastic consumption in G20 nations is on track to nearly double by the middle of the 21st century unless a comprehensive and legally binding global treaty to reduce consumption is drafted.


According to Back to Blue, a research group operated by the Economist Impact think-tank and the Nippon Foundation, existing initiatives to increase recycling or reduce single-use plastic consumption have "barely scratched the surface" and a more comprehensive global plan is required.


In Uruguay, the United Nations began negotiations on an agreement to combat plastic pollution in November, with the goal of drafting a legally binding treaty by the end of the following year. 175 countries have joined up for the negotiations.


Nonetheless, if negotiations fail, annual plastic production in G20 nations could reach 451 million tonnes by 2050 based on current development rates, according to Back to Blue - an increase of nearly 75 percent from 2019.


The research group stated, "There should be no illusions that the treaty negotiations will be anything but difficult and treacherous." "The likelihood of failure is high, both in terms of no treaty emerging and a treaty that is insufficient to reverse the plastic tide."


It called for a stricter ban on single-use plastic, as well as increased production taxes and mandatory programs to hold companies accountable for the entire lifecycle of their products, including recycling and disposal.


Back to Blue stated that the combined measures could limit annual consumption to 325 million tonnes by 2050, but that would still be a 25 percent increase from 2019 and the equivalent of 238 million garbage vehicles.


Brazil, the United States, Indonesia, and Turkey are among the G20 countries that have yet to introduce national prohibitions on single-use plastic products, according to the report.