African Development Bank Will Not Fund Kenya Coal Project

JOHANNESBURG (Reuters) – The African Development Bank (AfDB) will not fund a coal-fired power plant project in Kenya and has no plans to finance new coal plants in future, senior AfDB officials told Reuters.

FILE PHOTO: African Development Bank (AfDB) President Akinwumi Adesina speaks to press after a meeting of the board in Abidjan, Ivory Coast October 31, 2019. REUTERS/Thierry Gouegnon/File Photo

The Abidjan-based lender published an environmental and social impact assessment in May for the Lamu project, which was planned near a UNESCO World Heritage Site but which was halted by a local environmental tribunal.

Continue reading

French Gold In World War II

By Larry LaBorde – Re-Blogged From Gold Eagle

This story is about one of the world’s largest gold hoards stored in one of the largest most secure vaults ever built. The French stored their 2,500 tons of gold in their secure underground vault in Paris. When the Germans began their offensive, the French started to remove its gold as a precaution. When the Maginot Line was breached and it was clear Paris would be overrun the remaining gold was rushed out of France. The gold traveled over thousands of miles in different directions by ship, train, truck, and airplane during WWII. So grab your Indiana Jones fedora and a globe so you can follow along.

Continue reading

Electricity in the Realm of the Lion King

By Dr. Kelvin Kemm – Re-Blogged From WUWT

Small Modular Reactors, especially Pebble Bed Modular Reactors, are Africa’s best future

Hydro power is a good way to generate electricity. In most political circles, it is considered environment-friendly because it does not produce carbon dioxide, and it is not complicated. Norway has extensive hydro and can claim to have very green energy, which Norwegians do.

Hydro is wonderful, in fact – if you have the water. Norway’s hydro dams are constructed between rather vertical rock walls, which form the famous Norwegian fjords and tower above Norwegian valleys. Many of these geological formations are permanently topped with ice and snow, which constantly melts into reservoirs behind the dams, and is supplemented by regular rainfall, keeping water supplies plentiful and the water height and volume essentially constant.

Continue reading

The Third World Is Imploding

In this interview with Maurice Jackson of Proven and Probable, Jayant Bhandari presents his world view and discusses how it meshes with investment in the precious metals markets.

Maurice Jackson: Joining us for a conversation is Jayant Bhandari, the founder of the world-renowned Capitalism and Morality seminar, and a highly sought-out advisor to institutional investors. Mr. Bhandari, welcome to the show, sir.

Jayant Bhandari: Thank you very much for having me, Maurice.

Continue reading

Sanity and Humanity Return to the World Bank?

By Paul Driessen – Re-Blogged From WUWT

Extreme greens grouse, but African and other poor families see hope in David Malpass

President Obama infamously told Africans they should focus on their “bountiful” wind, solar and biofuel. If they use “dirty” fossil fuels to raise living standards “to the point where everybody has got a car, and everybody has got air conditioning, and everybody has got a big house, well, the planet will boil over.”

So when South Africa applied for a World Bank loan to finish its low-pollution coal-fired Medupi power plant, his administration voted “present,” and the loan was approved by a bare majority of other bank member nations. The Obama Overseas Private Investment Corporation refused to support construction of a power plant designed to burn natural gas that was being “flared” and wasted in Ghana’s oil fields.

Continue reading

Fight Against Malaria Has Reached a Standstill

Progress against malaria has stalled, and the disease remains a significant threat to billions of people despite the expensive, decadeslong efforts to contain it, the World Health Organization reported Monday.

According to the WHO’s latest annual assessment, there were an estimated 220 million cases of malaria last year, and about 435,000 deaths from the disease. Of the dead, 262,000 were children under age 5.

Continue reading

Immigrant Population Hits 107-Year High

By Joshua Paladino – Re-Blogged From Liberty Headlines

Some of the largest immigration expansions, as a percentage, between 2010 and 2017 came from war-torn or economically struggling countries…

Asylum Seekers Keep Coming Despite Immigration Law Enforcement

As of July 2017, immigrants —legal and illegal — compose the highest percentage of the U.S. population that they have since 1910.

About one in seven current U.S. residents — 44.5 million — emigrated from a foreign country, according to a study conducted by the Center for Immigration Studies.

Continue reading