Nine years after the devastating Mariana dam collapse, Vale and BHP have agreed to a monumental R$170 billion ($30.36 billion) settlement. The deal addresses Brazil’s worst environmental disaster, which occurred on November 5, 2015, when the Fundão tailings dam failed. The catastrophe claimed 19 lives and unleashed toxic waste, ravaging nearby villages and polluting waterways. […]
Related Posts
Unexpected Drop in US Oil Stocks Defies Analyst Predictions
The US oil market witnessed a surprising shift last week. Crude oil inventories decreased by 2.19 million barrels, according to the Department of Energy (DoE). This decline contradicted analysts’ expectations of a 1.9 million barrel increase. The unexpected reduction brought US oil stocks to 420.55 million barrels. Gasoline inventories also fell by 2.20 million barrels, […]
Trinidad and Tobago’s Struggle Against Oil Spill Mystery
A mysterious shipwreck off Trinidad and Tobago has triggered an environmental crisis, affecting 1.4 million residents. The incident, linked to a “Gulfstream” vessel, resulted in a vast oil spill, tarnishing beaches and mangroves and raising alarm across the islands. Prime Minister Keith Rowley acknowledges the crisis remains unmanaged, stressing the urgent environmental threat. The ship’s […]
Morocco’s BRICS dilemma: the Western Sahara conflict takes center stage
As murmurs surrounding Morocco’s potential involvement with the BRICS group grew louder, the heart of the matter came to light: the Western Sahara question. Historically rooted in a territorial dispute between the Sahrawi Arab Democratic Republic (proclaimed by the Polisario Front) and the Kingdom of Morocco, the Western Sahara conflict started in 1975 when Spain […]