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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Amazon

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Business / Economics

1 October 2024 Morning Biz News: Investment Reluctance, Amazon’s New Initiative, and Market Updates

A recent report from the 2023 Old Mutual Financial Services Monitor highlights a concerning trend among Namibians regarding investment habits. A significant portion of the population is hesitant to invest, with 37% unwilling to take on any investment risks. This reluctance is particularly pronounced among younger consumers, indicating a potential barrier to wealth accumulation and economic growth. In positive business news, Amazon has launched 'Shop Mzansi,' a new platform showcasing […]

todayOctober 1, 2024 7

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Environment

A web of front people conceals environmental offenders in the Amazon

A paper trail left by a notorious land grabber reveals how he used relatives and an employee as fronts to evade environmental fines and lawsuits, shedding light on this widespread practice in the Brazilian Amazon. Fronts prevent the real criminals from having their assets seized to pay for environmental fines, besides consuming time and resources from the authorities, who spend years trying to prove who the real financier of the […]

todayApril 23, 2024 17

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Environment

Locals at the mouth of the Amazon River get a salty taste of climate change

A boat carrying potable water from Macapá city, Amapá’s capital, by the government is stranded because of the siltation of the Amazon River in front of Livramento community. Image by Rodrigo Pedroso. By Rodrigo Pedroso and Rudja Santos via Mongabay From the balcony of his two-story wooden house, Aurélio Marques gazes out over the Amazon River, flowing like a mere thread. The middle-aged boat pilot calculates how long it will take […]

todayFebruary 27, 2024 9

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Environment

In Brazil’s soy belt, community seed banks offer hope for the Amazon

    By Ana Ionova    Not too long ago, the plot of land that Maria Ivonete de Souza inherited was barren, the soil hardened by years of cattle ranching. When the family had arrived to the Amazon from southern Brazil four decades earlier, her father had swiftly cleared the dense rainforest to make way for pasture. “He razed it all by hand, with a saw and an ax,” Souza […]

todayFebruary 20, 2024 11

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Science & Technology

In the market for a car? Soon you’ll be able to buy a Hyundai on Amazon − and only a Hyundai

Hyundai and Amazon announced a big partnership in November 2023. Robyn Beck/AFP/Getty Images Vivek Astvansh, McGill University This is the year you can finally buy a car on Amazon. Well, one kind. Eventually. On Nov. 16, 2023, at the Los Angeles Auto Show, Amazon and Hyundai made a big announcement: Starting sometime in 2024, a new pilot program would let shoppers not only browse Hyundai cars on Amazon.com but pay […]

todayJanuary 29, 2024 44

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Environment

Climate change made 2023 Amazon drought 30 times more likely, scientists say

The river that supplies water to the Kokama Indigenous People of the Porto Praia community was mostly dry in October of 2023. Image © Marizilda Cruppe / Greenpeace. By Carla Ruas via Mongabay Global warming was the main driver of the severe drought that parched the Amazon River Basin in 2023. That is the alarming conclusion of a new report from World Weather Attribution (WWA), a team of international climate scientists […]

todayJanuary 29, 2024 14

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Entertainment

Twitch to shut down in South Korea over ‘seriously’ high fees

US-based live gaming streaming platform Twitch said Wednesday that it would stop its service in South Korea in February because of "seriously" high network costs. In a statement signed by CEO Dan Clancy, the Amazon-owned company said it had reached a stage where continued operation in the country had become "impossible". It blamed Seoul's network usage fees for the decision, saying costs were "10 times higher compared to the majority […]

todayDecember 6, 2023 10

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