Search results
Results from the WOW.Com Content Network
Nauru has been a cash economy since at least 2004, after the Bank of Nauru and the Republic of Nauru Finance Corporation went bankrupt and ceased operations in the early 2000s and the licenses of all offshore banks were revoked by the Nauru government in 2004. [17] Nauru uses the Australian dollar for its currency.
The economy of Banaba and Nauru has been almost wholly dependent on phosphate, which has led to environmental disaster on these islands, with 80% of the islands' surface having been strip-mined. The phosphate deposits were virtually exhausted by 2000, although some small-scale mining is still in progress on Nauru. Mining ended on Banaba in 1979.
Roughly 80% of Nauru has been decimated by strip mining. The effects of phosphate mining in Nauru have had significant negative impacts on the island's environment and economy. [1] One of the most prominent effects of the phosphate mining in Nauru is the extensive environmental degradation that has occurred as a result of the extraction of ...
The tiny Pacific island nation of Nauru has notified a U.N. body of plans to start deep-sea mining, giving the International Seabed Authority (ISA) two years to complete long-running talks on ...
Residents want a permanent injunction, alleging the bitcoin mining facility's loud hum and vibrations cause them to "suffer day in and day out." Residents in rural Texas are suing their noisy ...
There are no daily news publications on Nauru, although there is one fortnightly publication, Mwinen Ko. There is a state-owned television station, Nauru Television (NTV), which broadcasts programs from New Zealand and Australia, and a state-owned non-commercial radio station, Radio Nauru , which carries programs from Radio Australia and the BBC .
The government of Nauru stated that Nauru has proudly taken a leading role in developing the international legal framework governing seafloor nodules in the international seabed area (the Area). [18] The authorities further stated that the Draft Exploitation Regulations have been in development for a long time, and are ready to be adopted in a ...
After Nauru ended ties with Taiwan on Monday, just two days after a presidential election in Taiwan, the island is left with only 12 countries that formally recognise it.