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Ilısu Dam Campaign
The Ilısu Dam Campaign was a UK-based campaign working to stop the construction of the Ilısu Dam on the river Tigris in south east Turkey. The construction plans for the dam would lead to the flooding of about 300 square kilometers and would displace up to 78,000 people from the Hasankeyf district of the Batman province. Initial plans for the dam The main purpose of the dam is the production of hydroelectric power, but it's also supposed to provide better irrigation for local agriculture. Those who oppose the dam claim that human rights and environmental issues have been disregarded in the planning. The dam would also lead to the drowning of hundreds of archeological sites, including the ancient town of Hasankeyf. The Swedish based Skanska, withdrew from the project in September 2000. In November 2001 the campaign won an important victory when it achieved that the UK based company Balfour Beatty decided to withdraw from the Ilısu Dam project due to ethical, environmental a ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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Export Credit Agencies
An export credit agency (known in trade finance as an ECA) or investment insurance agency is a private or quasi-governmental institution that acts as an intermediary between national governments and exporters to issue export insurance solutions and guarantees for financing. The financing can take the form of credits (financial support) or credit insurance and guarantees (pure cover) or both, depending on the mandate the ECA has been given by its government. ECAs can also offer credit or cover on their own account. This does not differ from normal banking activities. Some agencies are government-sponsored, others private, and others a combination of the two. ECAs currently finance or underwrite about US$430 billion of business activity abroad – about US$55 billion of which goes towards project finance in developing countries – and provide US$14 billion of insurance for new foreign direct investment, dwarfing all other official sources combined (such as the World Bank and Regio ...
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The Observer
''The Observer'' is a British newspaper published on Sundays. It is a sister paper to ''The Guardian'' and ''The Guardian Weekly'', whose parent company Guardian Media Group Limited acquired it in 1993. First published in 1791, it is the world's oldest Sunday newspaper. History Origins The first issue, published on 4 December 1791 by W.S. Bourne, was the world's first Sunday newspaper. Believing that the paper would be a means of wealth, Bourne instead soon found himself facing debts of nearly £1,600. Though early editions purported editorial independence, Bourne attempted to cut his losses and sell the title to the government. When this failed, Bourne's brother (a wealthy businessman) made an offer to the government, which also refused to buy the paper but agreed to subsidise it in return for influence over its editorial content. As a result, the paper soon took a strong line against radicals such as Thomas Paine, Francis Burdett and Joseph Priestley. 19th century In 180 ...
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Aswan High Dam
The Aswan Dam, or more specifically since the 1960s, the Aswan High Dam, is one of the world's largest embankment dams, which was built across the Nile in Aswan, Egypt, between 1960 and 1970. Its significance largely eclipsed the previous Aswan Low Dam initially completed in 1902 downstream. Based on the success of the Low Dam, then at its maximum utilization, construction of the High Dam became a key objective of the government following the Egyptian Revolution of 1952; with its ability to better control flooding, provide increased water storage for irrigation and generate hydroelectricity, the dam was seen as pivotal to Egypt's planned industrialization. Like the earlier implementation, the High Dam has had a significant effect on the economy and culture of Egypt. Before the High Dam was built, even with the old dam in place, the annual flooding of the Nile during late summer had continued to pass largely unimpeded down the valley from its East African drainage basin. These floo ...
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Southeastern Anatolia Project
The Southeastern Anatolia Project ( tr, Güneydoğu Anadolu Projesi, GAP) is a multi-sector integrated regional development project based on the concept of sustainable development for the 9 million people (2005) living in the Southeastern Anatolia region of Turkey. GAP's basic aim is to eliminate regional development disparities by raising incomes and living standards and to contribute to the national development targets of social stability and economic growth by enhancing the productive and employment generating capacity of the rural sector. The total cost of the project is over 100 billion Turkish lira (TL) (2017 adjusted price), of which 30.6 billion TL of this investment was realized at the end of 2010. The real investment (corrected value) was 72.6% for the end of 2010. (in Turkish) The project area covers nine provinces (Adıyaman, Batman, Diyarbakır, Gaziantep, Kilis, Siirt, Şanlıurfa, Mardin, and Şırnak) which are located in the basins of the Euphrates and Tigris and ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Three Gorges Dam
The Three Gorges Dam is a hydroelectric gravity dam that spans the Yangtze River by the town of Sandouping, in Yiling District, Yichang, Hubei province, central China, downstream of the Three Gorges. The Three Gorges Dam has been the world's largest power station in terms of installed capacity (22,500  MW) since 2012. The dam generates an average 95±20 TWh of electricity per year, depending on annual amount of precipitation in the river basin. After the extensive monsoon rainfalls of 2020, the dam's annual production nearly reached 112 TWh, breaking the previous world record of ~103 TWh set by Itaipu Dam in 2016. The dam body was completed in 2006. The power plant of the dam project was completed and fully functional as of July 4, 2012, when the last of the main water turbines in the underground plant began production. Each main water turbine has a capacity of 700 MW. Coupling the dam's 32 main turbines with two smaller generators (50 MW each) to power the p ...
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Mark Thomas
Mark Clifford Thomas (born 11 April 1963) is an English comedian, presenter, political satirist, and journalist. He first became known as a guest comic on the BBC Radio 1 comedy show ''The Mary Whitehouse Experience'' in the late 1980s. He is best known for political stunts on his show, ''The Mark Thomas Comedy Product'' on Channel 4. Thomas describes himself as a " libertarian anarchist". Biography Early life and education Mark Thomas was born in South London. His mother was a midwife and his father a self-employed builder (and ex-lay preacher). Thomas was educated at Macaulay Church of England Primary School, Victoria Rise, Clapham until 1974, where his party trick was to recite the first verses of the four gospels from memory. He then won a scholarship to attend the independent Christ's Hospital School, where he attained O-levels and A-levels in English, history, and politics and economics. At school, Thomas was influenced by his drama teacher, Duncan Noel-Paton, and by ...
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Funding
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources. Sources of funding include credit, venture capital, donations, grants, savings, subsidies, and taxes. Fundings such as donations, subsidies, and grants that have no direct requirement for return of investment are described as "soft funding" or " crowdfunding". Funding that facilitates the exchange of equity ownership in a company for capital investment via an online funding portal per the Jumpstart Our Business Startups Act (alternately, the "JOBS Act of 2012") (U.S.) is known as equity crowdfunding. Funds can be allocated for either short-term or long-term purposes. Economics In economics f ...
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Siemens AG
Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''Energy'', ''Healthcare'' (Siemens Healthineers), and ''Infrastructure & Cities'', which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation's total sales, is its second-most profitable unit, after the industrial automation division. In this area, it is regarded as a pioneer and the company with the highest revenue in the world. The corporation is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 303,000 people worldwide and reported global revenue of around €62 billion in 2021 according to its earnings release. History 1847 to 1 ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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VA TECH
VA Tech Wabag Ltd. is an Indian multinational company with headquarters in Chennai, India. Founded in Breslau in 1924, the company is focussed on desalination and water treatment for municipal and industrial users. The company has completed more than 6000 projects and is present across more than 30 countries.. History Wabag In 1924, Max Reder started Wabag Wasserfilter-Bau in Breslau, Germany. Deutsche Babcock became majority shareholder of Wabag in 1973 and eventually took over the entire company. Julius Overhoff's water treatment company, founded in 1930, became part of Austrian Simmering-Graz-Pauker (SGP) AG in 1987. In 1989, SGP's Energy and Environmental Technology Division and VA Finalindustrie merged, becoming SGP VA Energie- und Umwelttechnik, which merged in 1992 with Environmental Technology Division of Waagner Biro AG to form Austrian Energy & Environment SGP/Waagner Biro GmbH, the biggest energy firm in Austria. In 1996, Austrian Energy bought Tetra Industriet ...
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