Harvard University’s President announced on 9 September 2021 about the decision on ‘fossil fuels endowment’. Harvard University and Yale University were both active participants in the endowment of fossil fuels earlier and claimed to directly contribute to the climate change issue. The open letter posted by the university’s president begins with the statement — “Climate […]
Coal is the biggest of all three fossil fuels, contributing to greenhouse gases (GHG) emissions. Non-renewable energy sources namely coal, oil, and gas, as their name suggests, cannot be replenished and, ironically, supply more than 80% of world energy. According to a report of the World Bank, coal alone contributed to more than 70% of […]
CNG & LPG are the alternative fuels while petrol and diesel are still used as primary energy sources, but there have been major shifts after the last year’s pandemic. Conventional fuels – petrol and diesel, accounted for the EU’s market share of 75.5% in 2020, as per European Automobile Manufacturers Association (ACEA). According to the […]
Key Points: Automotive chips shortage fostered 6-7 million fewer vehicles production globally COVID-19 bestowed upon the global crisis of semiconductor shortage in 2021 Commodities’ dependency on chips will result in an impacted global trade state “European Chips Act” and Intel Corporation investment will reduce chips shortage Global semiconductor shortages have outgrown themselves since the pandemic. […]
Key Points: Increasing cardiovascular disorders is the major driver for pacemaker demand Older age groups’ population in most nations are likely to increase in coming years Global cardiac pacemaker market will increase by a CAGR rate of 5.88% by 2026 United States has the highest implantation rate and cardiac pacemaker’s leaders Growing Global Pacemaker Market […]
The increasing demand for electric vehicles (EVs) is rapidly growing with the passage of time and changes in the environment. This gradual adoption of electric vehicles dates back to around 2015. The much-needed conversations on planet earth are one of the major contributors to rise of the electric vehicles. Over the few years, the conservation […]
Key Highlights: After 1990, Arar border opened for the first time Two countries cut ties following Saddam Hussein’s invasion of Kuwait Saudi Arabia agreed to contribute $3 billion to an investment fund for Iraq Saudi Arabia and Iraq, the two Middle-East countries are expected to increase trade as the Arar border opened last year for […]
The cocoa industry is one of the most prominent and largest industries in the world. On average, cocoa farmers produce over 4 million tons of cocoa annually. The cocoa industry begins from the farming of cocoa beans which later get processed into cocoa liquor, and then into the final cocoa-based products such as cocoa butter […]
Key Points: Trade liberalization uplift the environmental growth values in the trade paradigms Positive climate change factors recorded during COVID-19 pandemic in 2020 Fossil fuels trade and uses were low in 2020 as compared to the previous years Modification of major trade policies drive a sustainable development at large extent Trade and environmental development can […]
The rapid generation of alternative data obtained through global trade, social networks, emails, financial reports, satellites, geolocation, among other sources has introduced a great new opportunity to improve profits in the market. The correct use of alternative data through machine learning gives companies a fascinating advantage of making better decisions and growing rapidly with valuable […]
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