{"id":613965,"date":"2024-01-23T00:00:00","date_gmt":"2024-01-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/23\/climate-change-is-melting-switzerlands-alpine-glaciers-how-many-shell-companies-are-run-by-centenarians\/"},"modified":"2024-01-23T00:00:00","modified_gmt":"2024-01-23T00:00:00","slug":"climate-change-is-melting-switzerlands-alpine-glaciers-how-many-shell-companies-are-run-by-centenarians","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/23\/climate-change-is-melting-switzerlands-alpine-glaciers-how-many-shell-companies-are-run-by-centenarians\/","title":{"rendered":"Climate change is melting Switzerland\u2019s alpine glaciers + How many shell companies are run by centenarians?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The snowy mountains we associate with Switzerland are falling victim to climate<\/strong><strong> change \u2014 and so are cornerstones of the Swiss economy:<\/strong> Warmer temperatures caused by climate change are leading to glacier loss and unpredictable snowmelt patterns that are changing the snowy peaks that are emblematic of Switzerland, and threatening farmers\u2019 traditional way of life, reports the <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/01\/21\/world\/europe\/switzerland-glaciers.html\" style=\"\" rel=\"noopener\">New York Times<\/a>. The changing climes are also forcing farmers \u2014 who are responsible for Switzerland\u2019s dairy industry, and by extension, their famous cheeses and chocolates \u2014 to adapt, the New York Times says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The changes threaten cultural heritage and representation: <\/strong>Not only are the Swiss mountain aesthetics threatened, but other countries are feeling the heat. France has had a similar cheese-climate-related <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/795a1ce1-5b11-48ae-9abc-e1ec7fe73bba\" style=\"\" rel=\"noopener\">crisis<\/a>: One of their specialties, Salers cheese, was not sold for the first time in 2k years in 2022 due to scorching temperatures. The favorite grape beverage also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/72cbae1d-c256-4f92-918e-3234f8bb756e\" style=\"\" rel=\"noopener\">took a hit<\/a> with Bordeaux winemakers considering abandoning their hectares due to changes in the temperature and drop in sales. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s not just the image \u2014 it\u2019s also changing Europe\u2019s water supply: <\/strong>Freshwater sources, which Europe relies on for everything from drinking and agriculture to manufacturing, are under pressure as a result of climate change, pollution, and other factors, says the <a target=\"_blank\" href=\"https:\/\/www.eea.europa.eu\/en\/topics\/in-depth\/water\" style=\"\" rel=\"noopener\">European Environment Agency<\/a>. There is particular cause for concern about Europe\u2019s freshwater supplies as temperatures in Switzerland are increasing at <a target=\"_blank\" href=\"https:\/\/www.swissinfo.ch\/eng\/why-melting-glaciers-affect-us-all\/45810296#:~:text=Since%20the%20pre%2Dindustrial%20era%2C%20the%20temperature%20in%20Switzerland%20has%20increased%20by%20almost%202%C2%B0%C2%A0Celsius%2C%C2%A0twice%20the%C2%A0global%C2%A0average.\" style=\"\" rel=\"noopener\">twice the global average rate<\/a>, leading glacier volume to drop by 10% in the past two years. For context, that\u2019s the same rate of decrease between 1960 and 1990, according to the <a target=\"_blank\" href=\"https:\/\/scnat.ch\/en\/uuid\/i\/b8d5798e-a75e-5a7d-a858-f7a6613524ed-Two_catastrophic_years_obliterate_10_of_Swiss_glacier_volume\" style=\"\" rel=\"noopener\">Swiss Academy of Sciences<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And there could be natural disasters:<\/strong>Deemed Europe\u2019s reservoir, Swiss snow melts into the runoff that sustains European rivers \u2014 this means we could be looking at natural disasters such as floods, landslides, and collapsing glaciers that can threaten nearby villages and towns.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s being done about it?<\/strong> NGOs have been pushing for an EU Climate and Water Resilience Law, according to the <a target=\"_blank\" href=\"https:\/\/www.wwf.eu\/?12086841\/Water-crisis-NGOs-call-for-new-EU-Climate-and-Water-Resilience-Law\" style=\"\" rel=\"noopener\">World Wildlife Fund<\/a>. The UN Water Conference is also marking 2025 as the <a target=\"_blank\" href=\"https:\/\/www.iucn.org\/events\/iucn-event\/2025-international-year-glaciers-preservation\" style=\"\" rel=\"noopener\">International Year of Glacier Preservation<\/a> to set a plan to adapt to glacier changes with water resources and societal effects in mind.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It isn\u2019t all bad for everyone in the mountains due to varying microclimates. <\/strong>Many farmers have had to shorten their summer graze due to droughts but others are enjoying more productive fields and pushing back their return to the valleys. But for the most part, practices that farmers rely on for income are being threatened. The Mottier family is one of 70 in the area who make L\u2019Etivaz cheese and, with cows needing <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/01\/21\/world\/europe\/switzerland-glaciers.html#:~:text=%E2%80%9CA%20cow%20drinks%2080%20to%20100%20liters%20of%20water%20a%20day%2C%E2%80%9D%20Ms.%20Mottier%20explained.%20%E2%80%9CWe%20have%20more%20than%2040%20cows.%20We%20need%20an%20enormous%20quantity%20of%20water.%E2%80%9D\" style=\"\" rel=\"noopener\">80-100 liters of water a day<\/a>, droughts put a wrench in the business.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Centenarians operate over 2.2k shell companies, Moody\u2019s finds: <\/strong>Organizations looking to hide their ownership structures and questionable corporate relationships are turning to shell companies with atypical directorship, research from Moody\u2019s Analytics found in November, reports <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-01-22\/shell-companies-pose-millions-of-governance-red-flags-for-moody-s\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. The entities allow organizations to input aged individuals as company directors \u2014 with the oldest clocking in at 942 years old, placing his birth in the 11th century, while Moody\u2019s also cite mass registration, dormancy and circular ownership. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some of these shell companies are (kind of) right here at home:<\/strong> Some 22k entities were said to have an address registered to the Giza Pyramids. (Talk about Western stereotypes\u2026)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While many shell companies operate for legitimate reasons<\/strong>, their lack of transparency and regulation can enable criminal financial activity. Moody\u2019s Analytics has collected the data to indicate the ways in which shell companies empower organizations to launder funds, with USD 1.6 tn reportedly laundered annually.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The glaciers are critical sources of freshwater for Switzerland and the rest of Europe<\/p>\n","protected":false},"author":1,"featured_media":613966,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[147,633,638,686],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-613965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-climate-change","tag-enterprisepm","tag-for-your-commute","tag-switzerland","wpautop","entry"],"acf":{"mongo_id":"5e32d0eb-11eb-4ca0-bd03-bcf5c532b2dd","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1953.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[613960],"teaser":"The glaciers are critical sources of freshwater for Switzerland and the rest of Europe","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.c3653056-906c-4244-a7d0-2a80a2fd2aaf.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Climate change is melting Switzerland\u2019s alpine glaciers + How many shell companies are run by centenarians? 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A study out of Switzerland shows that the proliferation of registered beehives across 14 Swiss cities \u2014 which have almost tripled between 2012 and 2018 \u2014 is threatening wild bee species, calling into question the sustainability of urban beekeeping. 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The statement denies Swiss media reports that claimed Switzerland\u2019s Office of the Attorney General decided to \u201ccease providing legal aid for pending requests\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582368,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/07\/toblerone-is-saying-goodbye-to-its-iconic-matterhorn-mountains-meta-is-gearing-up-for-another-round-of-job-cuts\/","url_meta":{"origin":613965,"position":2},"title":"Toblerone is saying goodbye to its iconic Matterhorn mountains + Meta is gearing up for another round of job cuts","author":"enterpriseam admin","date":"7 March 2023","format":false,"excerpt":"So long, snowy mountains: The iconic Toblerone packaging will be redesigned, as the chocolate bar\u2019s ingredients and manufacturing processes no longer live up to strict rules on how products qualify for the coveted \u201cSwissness\u201d iconography, reports the Guardian. 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