News Oil 

The brutal impact of oil in the Niger Delta

“Since then, several international oil companies have extracted oil from across the Niger Delta” writes Rebecca Ratcliffe for theguardian.com. Almost every day, Udengs Eradiri is informed of another oil spill in Bayelsa state, in the Niger Delta.About 40 million litres of oil are spilled every year across the Niger Delta, according to the Rise for Bayelsa campaign. The campaign is also calling for oil companies to invest in sustainable projects in all communities in which oil companies operate. “There is no concerted effort by [international oil companies] to ensure that…

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News 

Economy growing ‘despite economic headwinds’ and ‘significant drought’

“Finance Minister Mathias Cormann says Australia’s economy “grew more during the September quarter this year than the last” despite significant global economic headwinds and “the impact of a significant drought”” reports news.com.au. “It is certainly performing better than it would have if Labor had been able to implement its higher taxing agenda,” he said. Source: news.com.au

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Crypto News 

Stablecoin Adoption Can Impact Economy, Warn Senior US Regulators

“A panel of senior financial regulators in the United States has warned the public about the purported risks of stablecoins and cryptocurrencies” writes William Suberg for cointelegraph.com. The FSOC was set up in 2008 to combat risks to the financial sector after the financial crisis.Financial regulators should review existing and planned digital asset arrangements and their risks, as appropriate.” The FSOC additionally mentioned Bitcoin (BTC) and other cryptocurrencies as part of its coverage.In its annual report for 2019, the regulators stated, “If a stablecoin became widely adopted as a means…

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News 

Bloomberg: I ‘regret’ impact of police tactics on people of color

“JACKSON, Miss. – Michael Bloomberg expressed regret on Tuesday for the impact his hard-line policing tactics had on minorities during his time as New York City mayor and pledged during a meeting with advocates of reform to focus on criminal justice if elected president” reports nbcnews.com. Bloomberg noted that New York’s crime and homicide rate decreased during his tenure, but he acknowledged the unintended consequences his policies had on the city’s minority population. Source: nbcnews.com

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News 

Logitech announces plan to be carbon neutral by 2030

“Computer and gaming peripheral company Logitech today announced plans to limit its carbon footprint and to be powered fully by renewable electricity within a decade” writes Jeffrey Parkin for polygon.com. The “materials, design, manufacturing, and shipment” of product lines including Logitech G and Astro Gaming “have been reduced to net-zero emissions,” according to the company. Source: polygon.com

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News Platforms 

GIVING TUESDAY: A Kellogg professor launched a platform for evaluating 1,000+ American nonprofits. Here’s how it works.

“From the impact estimate and the total expenses, it can deduce the organization’s impact per dollar” writes Jake J for businessinsider.com. Cofounded by Karlan and Elijah Goldberg, now its executive director, ImpactMatters draws upon existing research to estimate an organization’s impact using certain key data.But for now, the platform is focused on direct-service-delivery programs and nonprofits with more standardized intervention models.At the time there were two major platforms that let prospective donors evaluate organizations: Charity Navigator and GiveWell. Source: businessinsider.com

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Markets News 

These housing markets will feel the biggest impact from the ‘Silver Tsunami’

“The Silver Tsunami could provide relief for prospective home-buyers in some market” writes Jacob Passy for marketwatch.com. In the decade between 2007 and 2017, around 730,000 homes hit the market that were previously owned by seniors each year.That means millions of homes may hit the market with few people interested in purchasing them. Source: marketwatch.com

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News 

Twitter Pauses Plan To Delete Accounts Of Dead People Till It Finds A Way To Memorialize Them

“We will not be removing any inactive accounts until we create a new way for people to memorialize accounts,” Twitter explained” writes Jack Morse for mashable.com. The social media giant awkwardly copped to that fact late Wednesday morning with a tweet admitting that, perhaps, its recently announced plan to free up inactive accounts for new registration may not have been entirely thought through.Specifically, the company admitted to overlooking the impact such a process might have on accounts that once belonged to the dearly departed.”We’ve heard you on the impact that…

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News 

Unesco expresses concern over bushfire damage to Australia’s Gondwana-era rainforests

“The Unesco world heritage centre has expressed concern about bushfire damage to the Gondwana-era rainforests of northern New South Wales and southern Queensland, and asked the Australian government whether it is affecting their world heritage values” writes Adam Morton for theguardian.com. It said changes in species distribution and abundance were already being recorded at world heritage sites.The affected area includes parts of the major remaining rainforest areas in south-east Queensland and north-east NSW, which are listed as one world heritage site.It previously avoided the reef being listed as world heritage…

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