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Prosperity comes at ‘devastating’ cost to nature

Prosperity comes at ‘devastating’ cost to nature

Science
Getty ImagesA landmark review has called for transformational change in our economic approach to nature.The long-awaited review by Prof Sir Partha Dasgupta, of the University of Cambridge, says prosperity has come at a "devastating" cost to the natural world.The report proposes recognising nature as an asset and reconsidering our measures of economic prosperity.It is expected to set the agenda on government policy going forward.At its heart is the idea that sustainable economic growth requires a different measure than Gross Domestic Product (GDP)."Truly sustainable economic growth and development means recognising that our long-term prosperity relies on rebalancing our demand of nature's goods and services with its capacity to supply them," Prof Dasgupta said in a statement."It also means ...
Deadline comes knocking: Is there hope left for Brexit deal?

Deadline comes knocking: Is there hope left for Brexit deal?

World
The chief negotiators from the European Union and United Kingdom are making last-ditch efforts to bridge differences on a post-Brexit trade deal that have proved insurmountable for the best part of the yearBy RAF CASERT and JILL LAWLESS Associated PressDecember 13, 2020, 9:51 AM• 4 min readShare to FacebookShare to TwitterEmail this articleBRUSSELS -- Facing yet another self-imposed Brexit deadline on Sunday, the chief negotiators from the European Union and United Kingdom were making last-ditch efforts to bridge differences on a trade deal that have proved insurmountable for the best part of the year.British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen are expected to speak early Sunday afternoon. They have said they will decide whether to continue n

Third Republican comes out against Shelton for Fed seat, complicating nomination

Finance
Efforts to get Judy Shelton confirmed to the Federal Reserve just got a little tougher as one prominent Republican announced his opposition Monday.Sen. Lamar Alexander (R-Tenn.) said in a statement that he will oppose President Donald Trump's nomination of Shelton as a Fed governor, CNBC's Ylan Mui reported.That brings to three the total of GOP senators against the pick, putting the chamber in a likely 50-50 deadlock. Sens. Mitt Romney of Utah and Susan Collins of Maine are the others.Under a stalemate scenario, Vice President Mike Pence could step in and cast the tiebreaking vote. The White House said Monday that Shelton still has the full backing of the administration and her confirmation is expected, according to Reuters.Shelton's nomination has been controversial from the beginning.Dem...
How UK’s biggest radio show now comes from home

How UK’s biggest radio show now comes from home

Entertainment
You wouldn't normally hear a tractor driving past or birds tweeting in the background of Ken Bruce's BBC Radio 2 show.But, if you listen closely, those are just a few sounds you might be able to pick up on now the presenter is broadcasting from his Oxfordshire home."I do live in dread of the binmen arriving or the Royal Air Force flying over in extremely noisy Chinooks as they do sometimes," Bruce laughs. "But so far it's been fine."Bruce's mid-morning show on Radio 2 - which he has hosted continuously since 1992, following an earlier stint in the 1980s - is particularly popular at the moment as more listeners turn to the radio while confined to their homes."At a time like this, people want to hear the news, but they don't want i...
Coronavirus: US travel ban on 26 European countries comes into force

Coronavirus: US travel ban on 26 European countries comes into force

World
Media playback is unsupported on your device President Donald Trump's travel ban on 26 European nations has come into force in the US, as part of a contingency plan to tackle the coronavirus crisis.The ban applies to non-Americans who have been in the Schengen border-free travel area within 14 days of travelling to the US. People travelling from the UK and the Republic of Ireland are exempt, as are returning US citizens. There are nearly 2,000 confirmed cases of Covid-19 in the US, and 43 deaths.Mr Trump also declared a national emergency, freeing up to $ 50bn (£40bn) in relief funds.Mr Trump's administration has faced criticism for its failure to provide Americans with widespread coronavirus testing.In other developments on Saturday: In New Zealand, PM Ja