Alex Saab: Suspicions Raised Over U.S Massive Investment In Cape Verde

mukhtar

V Reporters | July 05, 2021

Ahead of the Venezuelan diplomat, Alex Saab’s appeal against his extradition to the United States by Cape verdian Competent court of law, some observers across the world have raised suspicions over the move by the United to invest about $400 million which according to American government is earmarked for the expansion of its embassy in the west African country.

The observers are of the opinion that, even if the US government is sincere about the investment, the timing of the investment might not be unconnected with the extradition of Alex Saab who is being detained by the Cape verdian authorities over alleged money laundering since last year June.

Google Amazon Facebook and Investment in Real Estate

ECONOMY 

A Journal of People report

Google is planning to build a town-like campus near its headquarters in Mountain View, California.

The proposal for the new campus – Middlefield Park – near its Silicon Valley headquarters has been submitted this month.

The campus would span a 40-acre site and include public amenities like parks and sports field, retail space, restaurants, and affordable housing.

Potential economic benefits is 4-5 times the size of investments in energy system to address climate crisis

A Journal of People report

New research suggests that over the next few decades, acting to reduce climate crisis is expected to cost much less than the damage otherwise inflicted by climate change on people, infrastructure and ecosystems, and “potential economic benefits arising from limiting warming to 1.5°C may be at least four or five times the size of the investments needed in the energy system until 2050.”

According to the study by O. Hoegh-Guldberg, D. Jacob, M. Taylor, T. Guillén Bolaños, M. Bindi, S. Brown, I. A. Camilloni, A. Diedhiou, R. Djalante, K. Ebi, F. Engelbrecht, J. Guiot, Y. Hijioka, S. Mehrotra, C. W. Hope, A. J. Payne, H.-O. Pörtner, S. I. Seneviratne, A. Thomas, R. Warren and G. Zhou – The human imperative of stabilizing global climate change at 1.5°C – published in Science on September 19, 2019, reducing the magnitude of climate crisis is also a good investment.

The scientists conducting the research have urgently called on world leaders to accelerate efforts to tackle climate crisis.