GLOBAL DIARY
“The UK is embracing its future as an independent trading nation” – BORIS JOHNSON, PRIME MINISTER OF THE UNITED KINGDOM
ANNALENA BAERBOCK GERMANY’S FIRST WOMAN FOREIGN MINISTER Annalena Baerbock, the co-president of the German Green Party, will take over the position of the Minister of Foreign Affairs of Germany, and thus she will become the first woman in that position in this country. Annalena Baerbock will take office as part of a government coalition formed alongside the Social Democrats and Liberals. The Ministry of Economy and Climate will also be headed by the Green Party, another co-president, Robert Habeck. The first Chancellor of Germany from the ranks of the Social Democrats after 16 years, will become the additional Vice Chancellor and Minister of Finance, Olaf Scholz.
EL SALVADOR BITCOIN CITY PLANNED AT BASE OF A VOLCANO El Salvador plans to build a Bitcoin city at the base of a volcano, with the cryptocurrency used to fund the project, its president has announced. The city will be circular to represent the shape of a large coin and will be built in the south-eastern region of La
NUMBER OF TREES CUT DOWN IN AMAZON REACHES HIGHEST LEVEL SINCE 2006 Deforestation in the Brazilian Amazon has jumped 22% in the latest 12-month period, reaching its highest level since 2006, data from the country’s space agency shows. Between August 2020 and July 2021, trees were felled from land measuring 13,235 square km (5,110 square miles), the National Institute for Space Research (INPE) said. The state of Para suffered the most deforestation, accounting for 40% of the latest figure. There are nine states in the Amazon region. Data was gathered through the INPE’s PRODES satellite programme.
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Unión, President Nayib Bukele said. The site would take advantage of the Conchagua volcano’s geothermal energy to power Bitcoin mining, he added. El Salvador recently became the first country to use Bitcoin as legal tender. The move led to large-scale protests over fears the cryptocurrency would bring instability and inflation to the impoverished Latin American country.
