Jeff Bezos commits $10 billion to fight climate change

Jeff Bezos is throwing his weight — and wealth — behind the fight against climate change months after Amazon employees publicly pressured him and the company to do more to address the issue.

The Amazon (AMZN) CEO on Monday announced a new fund to back scientists, activists and organizations working to mitigate the impact of climate change. Bezos will commit $10 billion “to start,” he said in an Instagram post.

The initiative, called the Bezos Earth Fund, willbegin giving out grants this summer. The $10 billion commitment constitutes less than 8% of the world’s richest man’s estimated $130 billion net worth. Even so, it is one of the biggest charitable pledges ever, according to a rankingby the Chronicle of Philanthropy, behind a $36 billion commitment by billionaire Warren Buffett in 2006 and an estimated $16.4 billion pledge by Helen Walton, the late wife of Walmart (WMT)founder Sam Walton, in 2007.

Source: http://www.cnn.com

Trump Calls Warning of Russian 2020 Meddling a Democratic ‘Hoax’

President Trump has long slammed the special counsel investigation into his campaign’s ties with Russia as a “Russian hoax.”

President Trump said Friday that a disclosure by American intelligence officials that Russia was again meddling in a presidential election in his favor was merely another partisan campaign against him, dismissing the warning as a hoax cooked up by rivals

Coronavirus: Car sales in China fall 92% in February

Car sales in China fell 92% in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body.


Car dealerships have remained closed while buyers have stayed away to prevent the spread of the deadly virus. Nationwide car sales slumped 96% in the first week of February to a daily average of just 811 vehicles.

The China Passenger Car Association (CPCA) said it hoped sales would pick up as more showrooms reopened. “There was barely anybody at car dealers in the first week of February as most people stayed at home,” said CPCA secretary general Cui Dongshu.

Source: http://www.bbc.com

Turkey Seeks U.S. Patriot Missiles to Deter Russia in Syria

Turkey has asked the U.S. to deploy two Patriot missile-defense batteries on its southern border to free it to punish any future attacks by Russian-backed Syrian troops, according to a senior Turkish official in Ankara.

The disclosure was almost immediately followed on Thursday by a spasm of violence that left two Turkish soldiers dead and five wounded in Idlib, underscoring the risks as two regional powerbrokers assert their influence in northwestern Syria.

The fighting increased the number of Turkish troops killed in the Idlib area over the last three weeks to at least 15 as pro-government forces, supported by Russian air power, seek to crush the last major pocket of opposition to President Bashar al-Assad.

Source: http://www.bloomberg.com

Brexit issue in the UK

After Brexit, many UK-based firms moved to the Netherlands.

The UK, which has long been trying to exit the European Union (EU), officially made the request on 31 January 2019. But in the current situation, not everything is moving in the direction of Britain’s will. Many firms based in the UK have decided to relocate post-brexit. This situation worked best for the Netherlands.

UK-based multinational companies are more concerned after Brexit, and these companies prefer the Netherlands for a new base in Europe. In addition to the Netherlands, Frankfurt, Dublin, Paris and Luxembourg are among the most attractive cities for companies.

Source: http://www.ensonhaber.com

Virus alarm is at our country border!

Two people die in Iran due to virus.

The 2 preliminary positive cases of coronavirus in central Iran have died. Iranian authorities announce that all schools and universities in Qom will be closed on Thursday, following the confirmation of 2 deaths caused by coronavirus – state media. Iranian military forces took their places to prevent people from fleeing in panic. It looks like quarantine will be applied to the region.

Loss in global economy due to coronavirus will be $ 1.1 trillion.

The Covid-19 pandemic, which has been in effect for weeks in China, continues to negatively affect the global economy. According to Oxford Economics estimates, the global economy will lose $ 1.1 trillion due to the epidemic. Let’s look at the data to better understand what is going on or how the cessation of production in China will affect the world…
  • It is considered as the factory of the world.
  • 70 percent of the air conditioners in the world are produced in China.
  • Or 58 percent of the shoes in the world are produced in China.
  • China is the country where the Bible is most frequently published.
  • China is the world’s largest gas and gas industry.
  • China tourists spend the world $ 277 billion in 2018
  • China’s share in the global economy is 12 percent.
  • 20% of global industrial production is produced in China.
  • 40 percent of computer-electronics production is in China.
  • 40 percent of its production in South Korea or Japan depends on China.
  • 30 percent of the production in the USA depends on Chinese products.
  • In short, economists say, “If China slows down, the world slows down.”

Source: http://www.cinhaber.net