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Sunderbans sea level rising at an 'alarming' rate per year: World Bank

2015-03-30 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Deccan Chronicle: The water level in the Sunderbans, the world's largest mangrove forest, is rising at an "alarming" level, endangering the habitation, a World Bank report has suggested. The report stated that the sea level could witness an estimated 3 to 8 mm rise per year and mainly attributed it to land subsidence caused by various natural and anthropogenic processes. The report, titled "Building Resilience for Sustainable Development of the Sunderbans - Strategy Report" said, "Parts of the coast in the south...

Tags: year world level rate

 

Bank stress tests cover global slump

2015-03-30 12:52:39| BBC News | Business | UK Edition

The UK's banking industry will have to prove it can endure a global economic slump in this year's Bank of England stress tests.

Tags: global cover bank tests

 
 

VIDEO: NZ hopes to influence new China bank

2015-03-30 02:46:35| BBC News | Business | UK Edition

Former New Zealand Prime Minister Jenny Shipley explains why the country was the first western nation to support China's plan for a new development bank.

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Vodafone adds bank card payments to NFC wallet

2015-03-30 02:00:00| Total Telecom industry news

Telco to enhance service in Europe in Q2 thanks to new deals with Visa, transaction provider Carta Worldwide.

Tags: card bank payments adds

 

Co-op Bank still has 'much to do'

2015-03-27 09:23:44| BBC News | Business | UK Edition

The Co-operative Bank says it is making a "significant improvement" as it reports a lower pre-tax loss and confirms its chief executive will stay in post until December 2016.

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