Australia has for years been battling to keep the Great Barrier Reef off the “in danger” list. On June 22, 2021, a UN committee recommended that the GBR should be added to a list of “in danger” World Heritage Sites.

Read more about Great Barrier Reef in the thread below:

(1/7)
The #GBR is 2,300 km long and extends across 346,000 sq. km. area, hosting an assemblage of fishes and invertebrates in the reefs, sharks, rays, anemones and myriad other forms all of which need a delicate ecological balance to thrive.

(2/7)
#GBR won a place on the World Heritage List under the World Heritage Convention, 1972, as it has outstanding universal value. As a fabled wonder of the natural world, Australia’s GBR and its diversity of #marine life found a place on UNESCO’s World Heritage List in 1981.

(3/7)
The #reef system faces #environmental threats, and this year, the World Heritage Committee has made a warning by drawing up a resolution to inscribe the reef on the 'List of World Heritage in Danger.'

(4/7)
The heart of the crisis is climate change, which has led to three big events of coral bleaching in 2016, 2017 and 2020. Scrutiny of the #GBR shows a variety of ecological impacts from environmental stresses, including climate change.

(5/7)
#Coral growth is also endangered by the proliferation of crown-of-thorns starfish, which consumes them. Some relief is available from the reported recovery of humpback whales, and the slow gain of green turtles.

(6/7)
A magnet for eco-tourists, the #algae hues draw a thousand #tourists annually and contribute around $6.4 billion to the #Australian economy. Without resolute action on climate and pollution threats, though, all sectors stand to lose.

(7/7)
For a detailed profile, read here:
thehindu.com/news/internati…

- @ganant

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More from @the_hindu

28 Jun
Just in: "Today, we announce some relief measures. There are about 8 such measures being announced in the category of relief, four of which are absolutely new. One item is specific to health infrastructure," said Finance Minister #NirmalaSitharaman. | reports @tragicosmicomic
@tragicosmicomic Ms. Sitharaman said, "There are 8 other items that pertain to growth in general, exports and employment, and in that, 6 are totally new." - via @tragicosmicomic
@tragicosmicomic "A Rs. 1.1 lakh crore guarantee for COVID-affected sectors, and in that, health sector with Rs. 50,000 crore cover receives attention for scaling up #medical infrastructure," she said. | @tragicosmicomic
Read 10 tweets
27 Jun
PM Modi, in his monthly radio broadcast #MannKiBaat, recalls his conversation with the late legendary sprinter Milkha Singh and says, "Most sports champions in our country come from modest backgrounds. But with perseverance have brought glory to the country" reports @nistula.
PM Modi says, "Each athlete representing the country at the Tokyo Games has a story of struggle," and asks listeners to to use the hashtag #CheerForIndia on social media to support them.
@nistula
"We are combating COVID-19 on a mission mode," PM Modi says on #MannKiBaat, asking people to shed #vaccine hesitancy.
@nistula
Read 8 tweets
3 Jun
The RBI on May 31 asked banks not to cite its 2018 order as a reason to deny #banking services to customers who dealt in cryptocurrencies.

What is the future of #cryptocurrency in India and why does it continue to hang in the balance?

Read more in the thread below:

(1/5)
What is the history of #cryptocurrency in India?

(2/5)
Why did the #SupremeCourt overturn the #RBI’s 2018 order to banks?

(3/5)
Read 6 tweets
3 Jun
Just in: India’s Services exports grew by 6.44% in May 2021 to $17.85 billion, while Services imports grew just 0.3% to $10 billion, as per initial estimates, Commerce Secretary Anup Wadhawan said on Thursday. | reports @tragicosmicomic
@tragicosmicomic Services trade has consequently recorded a 15.4% higher surplus in May 2021 over May 2020, he said. - reports @tragicosmicomic
@tragicosmicomic With merchandise exports rising 67% over last year as well as 8% over the pre-pandemic month of May 2019, Mr. Wadhawan said that there is a comprehensive recovery in India’s #exports over April and May. | via @tragicosmicomic
Read 5 tweets
2 Jun
Taking on former Finance Minister #PChidambaram’s criticism of the state of the economy, Union Minister of State for Finance Anurag Thakur said that India’s economy is resilient and will rebound in the times ahead. via @tragicosmicomic
"Are you not aware that France, Germany, Italy, and U.K. contracted by 8.2%, 4.9%, 8.9% and 9.9%, respectively? Canada, Russia, South Africa, and U.S.A too have seen contraction in their GDP in the past year,” he said, referring to the 7.3% contraction in GDP in 2020-21.
“Consistent reforms have ensured strong fundamentals through these difficult times… (so) India had a swift rebound from a contraction of 24.4% in the 1st quarter of FY 2020-21 to a growth of 1.6% in the 4th quarter,” Mr. Thakur said,
Read 7 tweets
1 Jun
"There are no surprises in the 10-page Press Note issued by the National Statistical Office on the provisional estimates of Annual National Income for 2020-21," said Former union minister P. Chidambaram at a press conference on #GDP numbers. | reports @fewcan
@fewcan 2020-21 has been the darkest year of the economy in four decades. The performance in the four quarters of 2020-21 tells the story, Mr. Chidambaram said. | reports @fewcan
@fewcan Mr. Chidambaram said, "When the first wave of the pandemic appeared to subside last year, the Finance Minister and her Chief Economic Adviser began to sell the story of a recovery. They saw “green shoots” when no one else did. | reports @fewcan
Read 10 tweets

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