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Greenland

Greenland

Delinquent Shimao, Kaisa units named and shamed as defaults rise

Author of the article: SHANGHAI — Property firms controlled by developers Shimao Group Holdings, Kaisa Group Holdings and Greenland Group have been named and shamed in a list of Chinese companies “consistently overdue” on commercial paper payments. The total number of such delinquent firms jumped 26% in December from the…
bubmag
January 12, 2022
Greenland

Greenland permanently bans all oil and gas exploration

Dane here. This is also a consideration being thrown around when discussing occasional, half-hearted Greenlandish demands for independence: That given the geopolitical position, Greenland can never really be independent - an independent Greenland would fall under the sway of the US, Russia or China more or less instantly and compared…
bubmag
January 5, 2022
Greenland

Epic sea level rise drove Vikings out of Greenland

Home News Ruins of a church in Hvalsey, a Norse settlement in Greenland. Vikings built the structure around the 14th century. (Image credit: Martin Zwick/REDA&CO/Universal Images Group via Getty Images) The Vikings are remembered as fierce fighters, but even these mighty warriors were no match for climate change. Scientists recently…
bubmag
December 16, 2021
Greenland

US study: Record highs, rain and beaver damage in Arctic

The Arctic continues to deteriorate from global warming, not setting as many records this year as in the past, but still changing so rapidly that federal scientists call it alarming in their annual Arctic report card. The 16th straight health check for the northern polar region spotlighted the first ever…
bubmag
December 14, 2021
Greenland

Greenland bans uranium mining, halting rare earths project

COPENHAGEN - Greenland's parliament has passed legislation that will ban uranium mining and cease development of the Kuannersuit mine, one of the biggest rare earth deposits in the world. Kuannersuit, owned by Australian mining firm Greenland Minerals and located near the southern town of Narsaq, contains a large deposit of…
bubmag
November 10, 2021