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Major European Lenders Back Out of Oil Trade in Ecuadorian Amazon An oil pipeline in the Amazon Sacred Headwaters region. Ivan Castaneira/Stand.earth Three major European banks — Credit Suisse, ING, and BNP Paribas — have announced they will no longer finance the trade of oil extracted from the Amazon Sacred Headwaters region in Ecuador. The decision is seen as a major victory for environmental and Indigenous rights activists, who campaigned heavily to stop the international financing of fossil fuel development in the region, Reuters reported. Together, Credit Suisse, ING, and B...

GameStop Reddit bros, polarised US media and $55m space tickets Kaelyn Forde © This NASA TV video grab shows SpaceX Crew-1 mission on board the SpaceX Crew Dragon as it approaches... Three men will shell out $55m each to venture to the International Space Station aboard a SpaceX rocket next year as part of Axiom Space's first private crew [File: NASA TV/AFP] Happy Friday! You made it through what feels like the 8,000th week of January. If you’ve been too slammed sticking to (or abandoning) your well-intentioned New Year’s resolutions in the run-up to February 1, don’t...

Business & Human Rights Resource Centre Featured pages Featured pages Featured pages Opinion Featured pages Story Brazil: APIB and Amazon Watch call on Anglo American to refrain from mining activities on Indigenous lands; incl. company response In December 2020, the Resistance Assembly of the Munduruku People met to discuss urgent threats to Munduruku territory, producing a declaration that demands recognition of the Munduruku's rights to life and territory. They identified illegal "wildcat" and industrial mining as among the principal threats. A recent report ...

(Reuters) – China’s President Xi Jinping on Monday called on the world to strengthen macroeconomic policy coordination and bolster the role of the G20 in global economic governance as he pointed to a “rather shaky” recovery from the coronavirus pandemic. Speaking at a virtual meeting of the World Economic Forum – a gathering usually held in a Swiss ski resort – Xi said the global economic outlook remained uncertain and public health emergencies “may very well recur” in future. Xi, making his first appearance at the forum since his vigorous defence of free trade and globalisati...

QUITO — Ecuador’s state-run oil company, Petroecuador, on Tuesday responded to the exit of several big European banks from financing the Amazon oil trade by…