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BREAKING NEWS !

The French government is being sued for failing to outlaw bottom trawling in Marine Protected Areas.

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The French government has been formally asked by the Environmental Justice Foundation (EJF) and Defense des Milieux Aquatiques (DMA) to address its noncompliance with EU and French regulations pertaining to bottom trawling, one of the most damaging fishing methods. These regulations are obviously broken by allowing this practice to continue in some of France's most biodiverse and endangered marine areas. The NGOs claim that this situation puts the long-term sustainability of the fisheries in jeopardy in addition to compromising the integrity of these places. Legal action will be taken in a French court if the government fails to appropriately respond to this formal request. The request specifically targets two maritime protected areas, Chausey and Bancs des Flandres, where bottom trawling is causing habitat destruction. A major factor in the decline of marine biodiversity is bottom trawling, which is the practice of dragging weighted nets across the seabed. It unintentionally captu

More than 2% decline in oil prices is caused by investors' skepticism about OPEC+ measures.

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Source reuters.com  More than 2% decline in oil prices is caused by investors' skepticism about OPEC+ measures. December 1, New York (Reuters) - Due to market doubts regarding the extent of OPEC+ production cutbacks and worries about the slowdown in global manufacturing, oil prices fell by more than 2% on Friday. At $78.88 a barrel, Brent crude futures for February ended the day down $1.98, or 2.45%. West Texas Intermediate (WTI) oil futures for the United States fell $1.89, or 2.49%, to $74.07 per barrel. Brent saw a weekly loss of roughly 2.1%, while WTI saw a loss of more than 1.9%. On Thursday, members of OPEC+ reached a decision to withdraw almost 2.2 million barrels per day (bpd) of oil from the world market in the first quarter of 2019. This amount includes the rollover of Saudi Arabia's and Russia's present voluntary cuts of 1.3 million bpd. The announcement was met with some suspicion by traders, according to Craig Erlam, analyst at OANDA. "(It) seems traders