93 Percent Of The Great Barrier Reef Is Practically Dead

Aside from the global warming debate, which we’re not getting into here, nobody ever mentions Fukushima. It’s still out of control, has contaminated 1/3 of the world’s oceans and the Pacific is practically dead because of it. Japanese officials, still to this day, haven’t even found the cores yet — because the cores have been spread all over Japan. Fukushima has had five years of heavy leaking and yet everyone thinks “climate change” and “El Nino”. You’ll find more information under the natural disasters category.

 

The Great Barrier Reef — the largest living structure on Earth — is dying as a result of El Nino and climate change.

This week, scientists from the ARC Centre of Excellence for Coral Reef Studies completed an extensive survey of the iconic reef and found that 93 percent has been impacted by the most severe coral bleaching event on record.

Australia for sale: Investment bankers cashing in on Tony Abbott’s infrastructure push

You don’t necessarily sell your farm to finance building a road that won’t produce revenue leading back to the very same farm that is now not yours unless times are extremely hard. This compromise of Australian national security is likely a good buying opportunity for the Chinese who would love to purchase more influence in Oceana. The implications of this will span generations — all for a short-term gain.

 

Australian Prime Minister Tony Abbott is turning out to be an investment banker’s best friend.

His center-right government is in the midst of an unprecedented push to build public infrastructure — and to finance the program, regional authorities are busy selling off state assets, creating a boon for bankers just as Australian corporate mergers and acquisitions slow. Banks including Macquarie Group Ltd., Morgan Stanley and UBS AG have been hired to sell everything from ports to electricity grids, data compiled by Bloomberg show.

Advisory fees from the biggest asset sales may reach about $100 million, almost triple the total haul for government-related work last year, estimates Jeffrey Nassof, an analyst at New York-based Freeman & Co.