The head of the World Bank has warned of a "human catastrophe" in the world's poorest countries unless more is done to tackle the global economic crisis.Speaking at the end of the World Bank's spring meeting, Robert Zoellick also called on rich nations to do more to help tackle global poverty. He said the crisis meant targets on tackling poverty in the poorest countries were unlikely to Read More »
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The oceans are thought to have absorbed about half of the extra CO2 put into the atmosphere in the industrial ageThis has lowered its pH by 0.1pH is the measure of acidity and alkalinityThe vast majority of liquids lie between pH 0 (very acidic) and pH 14 (very alkaline); 7 is neutralSeawater is mildly alkaline with a "natural" pH of about 8.2The IPCC forecasts that ocean pH will fall by "between Read More »
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US President Barack Obama is poised to reveal details of new rules limiting executive pay to $500,000 a year for firms getting a US taxpayer bail-out.His administration is also looking at other potential caps on items such as golden parachutes to executives.The president is tapping into outrage at Wall Street bonuses paid in 2008 when taxpayers propped up many firms.He told NBC TV that taxpayer-b Read More »
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The European Commission has accused Microsoft of harming competition by bundling its Explorer web browser with its Windows operating system.The commission said it had reached the preliminary view that the US software giant had undermined consumer choice and infringed EU rules.Microsoft and the European Union have engaged in legal battles over competition issues for years.Last year, the EU fined M Read More »
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