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POPULAR NEWS
Gold ends lower as Trump tweet raises optimism that trade deal with China near

Gold prices ended lower on Thursday as President Donald Trump's tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal. Gold prices had been trading higher early Thursday, with uncertainties surrounding a U.K. election and dovish stances by the Federal Reserve and the European Central Bank helping to provide support. February gold  fell by $2.70, or 0.2%, to settle at $1,472.30 an ounce, down significantly from the day's high of...

Gold Extends Decline After Trade Breakthrough, U.K. Election

Gold headed for a back-to-back decline as President Donald Trump signed off on a so-called phase-one trade deal with China and an exit poll indicated a comfortable majority for the governing Conservative Party in the U.K.'s national election. Bullion for immediate delivery fell as much as 0.5% in early trading Friday and was 0.3% lower at $1,465.53/oz as of 7:48 a.m. in Singapore. The metal declined 0.3% Thursday. Traders pulled $275 million from the VanEck Vectors Junior Gold Miners...

Gold to Extend Gain as Citi Says Low U.S. Rates Here to Stay

Gold™s got more room to rally as there™s little possibility of the Federal Reserve raising interest rates in 2020, according to Citigroup Inc (NYSE:C). Futures on the Comex will average $1,575 an ounce in 2020, and could climb above $1,600, with an upside bias seen at the end of the year, Doshi said. Prices traded around $1,478 on Thursday, up about 15% this year. Bullion is heading for the biggest annual gain since 2010 as central banks globally embraced looser monetary policy to try to...

Oil rises on US-China trade deal optimism

Oil prices rose nearly 1% on Thursday after U.S. President Donald Trump said Washington was œvery close to nailing down a trade deal with China. Brent crude futures rose 67 cents, or 1%, to $64.39 a barrel. West Texas Intermediate crude futures gained 42 cents, or 0.7%, to settle at $59.18 a barrel. Oil prices received a fresh boost after Trump™s tweet saying the United States was very close to a big deal with China amid reports that the country was considering a delay or possible...

Hong Kong Stocks End Sharply Higher (Review)

Hong Kong stocks surged more than one percent Thursday after the Federal Reserve indicated it would leave interest rate unchanged next year, while investors are keeping tabs on the China-US trade talks. The Hang Seng index climbed 1.31 percent, or 348.71 points, to 26,994.14. But the benchmark Shanghai Composite Index fell 0.30 percent, or 8.72 points, to 2,915.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.19 percent, or 3.17 points, to...

Scientist Who Popularized Term 'Global Warming' Dies at 87
Friday, 22 February 2019 01:48 WIB | GLOBAL |Global

A scientist who raised early alarms about climate change and popularized the term "global warming" has died. Wallace Smith Broecker was 87.

The longtime Columbia University professor and researcher died Monday at a New York City hospital, according to a spokesman for the university's Lamont-Doherty Earth Observatory.

Kevin Krajick said Broecker had been ailing in recent months.

Broecker brought "global warming" into common use with a 1975 article that correctly predicted rising carbon dioxide levels in the atmosphere would lead to pronounced warming. He later became the first person to recognize what he called the Ocean Conveyor Belt, a global network of currents affecting everything from air temperature to rain patterns.

"Wally was unique, brilliant and combative," said Princeton University professor Michael Oppenheimer. "He wasn't fooled by the cooling of the 1970s. He saw clearly the unprecedented warming now playing out and made his views clear, even when few were willing to listen."

In the Ocean Conveyor Belt, cold, salty water in the North Atlantic sinks, working like a plunger to drive an ocean current from near North America to Europe. Warm surface waters borne by this current help keep Europe's climate mild.

Otherwise, he said, Europe would be a deep freeze, with average winter temperatures dropping by 20 degrees Fahrenheit or more and London feeling more like Spitsbergen, Norway, which is 600 miles north of the Arctic Circle.

n 1984, Broecker told a House subcommittee that the buildup of greenhouse gases warranted a "bold, new national effort aimed at understanding the operation of the realms of the atmosphere, oceans, ice and terrestrial biosphere."

"We live in a climate system that can jump abruptly from one state to another," Broecker told the Associated Press in 1997. By dumping into the atmosphere huge amounts of greenhouse gases, such as carbon dioxide from the burning of fossil fuels, "we are conducting an experiment that could have devastating effects."

"We're playing with an angry beast ” a climate system that has been shown to be very sensitive," he said.

Broecker received the National Medal of Science in 1996 and was a member of the National Academy of Science. He also served a stint as the research coordinator for Biosphere 2, an experimental living environment turned research lab.

Broecker was born in Chicago in 1931 and grew up in suburban Oak Park.

He joined Columbia's faculty in 1959, spending most of his time at the university's laboratory in Palisades, New York. He was known in science circles as the "Grandfather of Climate Science" and the "Dean of Climate Scientists."

"His discoveries were fundamental to interpreting Earth's climate history," said Oppenheimer.

"No scientist was more stimulating to engage with: he was an instigator in a good way, willing to press unpopular ideas, like lofting particles to offset climate change. But it was always a two-way conversation, never dull, always educational. I'll miss him."

Source : VOA

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POPULAR NEWS
Gold ends lower as Trump tweet raises optimism that trade deal with China near

Gold prices ended lower on Thursday as President Donald Trump's tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal. Gold prices had been trading higher early Thursday, with uncertainties surrounding a U.K. election and dovish stances by the Federal Reserve and the European Central Bank helping to provide support. February gold  fell by $2.70, or 0.2%, to settle at $1,472.30 an ounce, down significantly from the day's high of...

Gold Extends Decline After Trade Breakthrough, U.K. Election

Gold headed for a back-to-back decline as President Donald Trump signed off on a so-called phase-one trade deal with China and an exit poll indicated a comfortable majority for the governing Conservative Party in the U.K.'s national election. Bullion for immediate delivery fell as much as 0.5% in early trading Friday and was 0.3% lower at $1,465.53/oz as of 7:48 a.m. in Singapore. The metal declined 0.3% Thursday. Traders pulled $275 million from the VanEck Vectors Junior Gold Miners...

Gold to Extend Gain as Citi Says Low U.S. Rates Here to Stay

Gold™s got more room to rally as there™s little possibility of the Federal Reserve raising interest rates in 2020, according to Citigroup Inc (NYSE:C). Futures on the Comex will average $1,575 an ounce in 2020, and could climb above $1,600, with an upside bias seen at the end of the year, Doshi said. Prices traded around $1,478 on Thursday, up about 15% this year. Bullion is heading for the biggest annual gain since 2010 as central banks globally embraced looser monetary policy to try to...

Oil rises on US-China trade deal optimism

Oil prices rose nearly 1% on Thursday after U.S. President Donald Trump said Washington was œvery close to nailing down a trade deal with China. Brent crude futures rose 67 cents, or 1%, to $64.39 a barrel. West Texas Intermediate crude futures gained 42 cents, or 0.7%, to settle at $59.18 a barrel. Oil prices received a fresh boost after Trump™s tweet saying the United States was very close to a big deal with China amid reports that the country was considering a delay or possible...

Hong Kong Stocks End Sharply Higher (Review)

Hong Kong stocks surged more than one percent Thursday after the Federal Reserve indicated it would leave interest rate unchanged next year, while investors are keeping tabs on the China-US trade talks. The Hang Seng index climbed 1.31 percent, or 348.71 points, to 26,994.14. But the benchmark Shanghai Composite Index fell 0.30 percent, or 8.72 points, to 2,915.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.19 percent, or 3.17 points, to...

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