Archive for August 3rd, 2010

Drought Strains Russian Wheat Supplies

New York Times: Wheat prices in Europe reached a two-year high this week after Russian officials announced that extreme heat and drought had decimated roughly 20 percent of the country`s winter crop. Prices retreated slightly after the country`s Agriculture Ministry said that Russia, the world`s third-largest wheat exporter, would use its stocks to maintain exports. Despite the reassurances, financial markets remained concerned that the wheat losses could be higher than projected, The Financial Times ...

Ecuador, for pay, will not drill in Amazon reserve

Reuters: Ecuador signed a deal on Tuesday creating a trust fund to hold donations from Germany and other rich nations willing to pay the Andean country to refrain from drilling for oil in an Amazon wildlife reserve. The plan, drawn up with the United Nations, applies to a 675-square-mile part of Yasuni National Park called the ITT section. Keeping oil firms out of the area would avoid dumping 410 million tonnes of carbon dioxide into the air, Ecuador says. "This is a Ecuador's ...

Groups seek ban on lead ammunition, fishing tackle

Associated Press: Five environmental groups urged the Environmental Protection Agency on Tuesday to ban lead in ammunition and fishing tackle, arguing that millions of animals are dying from eating lead-shot pellets or carcasses contaminated by lead. "It's long past time do something about this deadly -- and preventable -- epidemic of lead poisoning in the wild," said Jeff Miller, conservation advocate for the Center for Biological Diversity. The center was one of the five groups that submitted the ...