Wildlife Summit to Vote on Shark Protections

PANAMA CITY, PANAMA —

Delegates at a global summit on trade in endangered species were scheduled to decide Thursday whether to approve a proposal to protect sharks, a move that could drastically reduce the lucrative and often cruel shark fin trade.

The proposal would place dozens of species of the requiem shark and the hammerhead shark families on Appendix II of the Convention on International Trade in Endangered Species (CITES).

The appendix lists species that may not yet be threatened with extinction but may become so unless trade in them is closely controlled.

If Thursday’s plenary meeting gives the green light, “it would be a historic decision,” Panamanian delegate Shirley Binder told AFP.

“For the first time, CITES would be handling a very large number of shark species, which would be approximately 90% of the market,” she said.

Spurring the trade is the insatiable Asian appetite for shark fins, which make their way onto dinner tables in Hong Kong, Taiwan and Japan.

Despite being described as gelatinous and almost tasteless, shark fin soup is viewed as a delicacy and is enjoyed by the very wealthy, often at weddings and expensive banquets.

Shark fins, representing a market of about $500 million per year, can sell for about $1,000 a kilogram.

From villain to conservation darling

Sharks have long been seen as the villain of the seas they have occupied for more than 400 million years, terrifying people with their depiction in films such as “Jaws” and their occasional attacks on humans.

However, these ancient predators have undergone an image makeover in recent years as conservationists have highlighted the crucial role they play in regulating the ocean ecosystem.

According to the Pew Environment Group, between 63 million and 273 million sharks are killed every year, mainly for their fins and other parts.

With many shark species taking more than 10 years to reach sexual maturity, and having a low fertility rate, the constant hunting of the species has decimated their numbers.

In many parts of the world, fisherman lop the sharks’ fins off at sea, tossing the shark back into the ocean for a cruel death by suffocation or blood loss.

The efforts by conservationists led to a turning point in 2013, when CITES imposed the first trade restrictions on some shark species.

“We are in the middle of a very large shark extinction crisis,” Luke Warwick, director of shark protection for the nongovernmental organization Wildlife Conservation Society, told AFP at the beginning of the summit.

Heated debate

Thursday’s vote followed a fierce debate that lasted nearly three hours, with Japan and Peru seeking to reduce the number of shark species that would be protected.

Japan had proposed that the trade restriction be reduced to 19 species of requiem sharks, and Peru called for the blue shark to be removed from the list.

Both suggestions were rejected, however.

“We hope that nothing extraordinary happens and that these entire families of sharks are ratified for inclusion in Annex II,” Chilean delegate Ricardo Saez told AFP.

Several delegations, including host Panama, displayed stuffed toy sharks on their tables during the earlier Committee I debate.

The plenary was also scheduled to vote on ratifying a proposal to protect guitarfish, a species of ray.

The shark initiative was one of the most discussed at this year’s CITES summit in Panama, with the proposal co-sponsored by the European Union and 15 countries.

Participants at the summit considered 52 proposals to change species protection levels.

CITES, which came into force in 1975, has set international trade rules for more than 36,000 wild species. Its signatories include 183 countries and the European Union.

 

 

Source: Voice of America

INGOT Brokers Obtains CMA License in Kenya Shortly After Attaining the FSCA License in South Africa

NAIROBI, Kenya, Nov. 24, 2022 (GLOBE NEWSWIRE) — via InvestorWire – The Capital Markets Authority (CMA) in the Republic of Kenya issued a license to INGOT Africa Ltd (INGOT Brokers) on Tuesday, Nov. 1, 2022. The license will allow INGOT Brokers to operate as a Non-Dealing Online Foreign Exchange Broker under the Capital Markets Act (Cap 485 A of the laws of Kenya) and the Capital Markets (Online Foreign Exchange Trading) Regulations, 2017.

The CMA license further cements INGOT Brokers’ efforts to strengthen its presence in Africa and present premium trading services to all investors. Receipt of the CMA license follows the milestone achieved last September when INGOT RSA (PTY) LTD earned the official Financial Sector Conduct Authority (FSCA) license in South Africa.

INGOT Africa Ltd is dedicated to empowering youth in Kenya and surrounding countries in the cities and in rural areas by providing free education aimed at enhancing financial literacy through INGOT Academy, which is designed to teach and train young individuals on investing and trading financial markets. The academy is also focused on identifying, educating, and training Introducing Brokers (IBs) and affiliates to grow their online trading services and optimize their potential returns, where it grants them access to utilize INGOT Brokers’ facilities, such as educational materials, webinars, seminars and personal training sessions.

About INGOT Africa Ltd

INGOT Africa Ltd is a premium multi-asset brokerage firm aiming to make financial markets available and accessible to all traders. The company has fostered and sustained a world-class trading environment with the highest quality of online financial services as it provides traders with an award-winning platform, excellent training conditions, great liquidity and accessibility to financial markets. It consistently delivers a unique trading experience. These cover a variety of financial derivatives and CFD instruments, including commodities, stocks, indices, ETFs and currencies. Additionally, the INGOT Brokers team goes the extra mile in supporting clients regardless of their experience level.

For more information, contact:
Sylvesters Munubi| Marketing Lead| INGOT Brokers Africa
s.munubi@IngotBrokers.com
Tel: 254707392645

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Tusk Innovation Announces New Products ‘Combo’

TUSK PRODUCT

TUSK PRODUCT ZEN

LONDON, Nov. 24, 2022 (GLOBE NEWSWIRE) — Tusk Inc. Limited (www.tusklimited.com) a company which started in 2012 as a capital management company in the United Kingdom and Kuala Lumpur with offices around the world, and now is one of the leading electrical solution companies which focus on producing for users of mining equipment, solar energy and adapters is announcing is k new products combo. The Product line is mainly for electrical purposes. For any miner bought, it comes with a solar panel, to reduce power consumption. See products here https://tusklimited.com/products

As one of the top Electrical solution companies, Tusk innovation has announced 30% discounts on its combo of mining equipment, which combines a solar panel with a bitcoin miner. With their recent movement from polycrystalline to photovoltaic materials, Tusk inc. has tested over time the efficiency of combining their solar products with cryptocurrency miners, and this has proven to be the most effective. Tusk inc. investors can now with ease, mine their coins without interruptions, lesser risks and maximum profit.

This is an effort to reduce the amount of electricity used when clients mine cryptocurrencies, and it was disclosed by the COO, John Walls, last week. According to Walls, “Reports going around made it evident that the quantity of electricity miners require may be too large to handle, therefore we obtained a plausible option.”

Mining Profits
Although it is admirable and highly profitable for many people to set up cryptocurrency mining farms, speculations are rife that they may incur significant costs, particularly in terms of electricity use. By providing you with a Solar Panel, which is unconnected to your electricity bills and a bitcoin mining device that can perform dual mining tasks, Tusk Inc. has created a long-lasting solution. You can simply mine your coins and not bother about the market’s volatility, while also ignoring power consumption.

Tusk Inc. has distinguished itself from others, in that customers can get crypto wallet development services as well as graphics processing units from the company, which has offices on three continents. It also has extensive experience in Blockchain development and bitcoin mining solutions, among other areas.

About Tusk
Established in 2012 by team of management experts, and later joined by a team of technology experts, Tusk Inc. is now one of the leading electrical solution providers. They pride themselves also in their ability to manage risk effectively, since they have been in the business of managing risks for over a decade. And through several advancements in technology, they have incorporated less risky ventures into the Risk Management system, one of which is cryptocurrency mining, using photovoltaic materials.

John Walls
PR Manager
john@tusklimited.com
(+44)7451214344

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94500cd7-ba35-4ad9-8179-1f5f89263358

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