What were Elon Musk’s lenders thinking?

When Elon Musk sought funding for his bid to take over Twitter earlier this year, he had little trouble finding institutions willing to give him the money he needed. Morgan Stanley took the lead and organized a syndicate of banks, including Bank of America and Barclays, which pledged to lend Musk $13 billion. The whole … Read more

The Congo Basin, the second largest rainforest in the world, is said to be facing rapid destruction

A cleared farm in Yangambi, 100 km from the city of Kisangani in the Democratic Republic of the Congo. The forests and peatlands of the Congo Basin, which cover 200 million hectares in six African countries, are considered critical for the climate, but experienced an alarming 5% increase in deforestation rates last year.GUERCHOM NDEBO / … Read more

Endangered Eastern Quoll in decline after decades of monitoring in Tasmania

Tasmania has long been considered a stronghold for the tiny and tenacious eastern quoll, but new research shows the species has been declining in the state for the past 35 years, and researchers don’t know why. Key points: 35 years of wildlife monitoring shows that the endangered eastern quoll is on the decline in Tasmania … Read more

What lessons can we learn from the Murray-Darling River floods of 1956?

River flows are complex but, despite our best attempts to control them, history shows that floods are inevitable. With the current flood threatening the border towns of Echuca, Moama and Kerang, there are concerns about how the Murray River system further downstream will be affected. Looking back at previous flood events along rivers could provide … Read more

What’s inside Biden’s grand electrification plan?

Biden this week launched a major financing program for the large-scale expansion of electric vehicle (EV) infrastructure in the United States to support the development of a massive fleet of electric vehicles. The president hopes that increased investment in electric vehicle charging stations, as well as tax credits for the development and adoption of electric … Read more

AMC is targeting the huge debt burden with the special “APE” dividend.

AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its special “APE” dividend after the market close on Thursday. This, of course, is a company that is no stranger to bold moves, as evidenced by the movie chain’s $ 27.9 million investment in the Hycroft Mining Holding Corp. HYMC gold and … Read more