Deep sea mining puts $560 billion in land extraction at risk — report
Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.
With China’s millions of retail stock market investors reeling from a nearly 40% drop in equity prices over just a few short months, it may not be surprising that some are desperate to slay the bear.
China’s People’s Daily reports on a statue recently erected in the eastern province of Fujian that rather graphically depicts the bull triumphing over the bear.
The bronze statue, 6.1 meters long, 3.4 meters in height and weighing three tonnes, has been drawing crowds and some bemusement says the state paper.
Stock buyers worship bull over bear statue in E China; others smile at "the classic position" http://t.co/mD95uqHPDA pic.twitter.com/sWAeqxRQI5
— People's Daily,China (@PDChina) August 24, 2015