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Record thunderstorm losses and deadly earthquakes cost $250 billion in damages in 2023, report says
Cars stranded in a flash flood caused by a monsoonal thunderstorm on Sept. 1, 2023, in Thermal, California. David Mcnew | Getty Images News | Getty Images Destructive thunderstorms in North America and Europe and a series of devastating earthquakes last year cost the world around $250 billion in damages, according to a new report…
The Impact of Climate Change on Global Food Systems
Climate change disrupts global food systems by affecting crop yields and livestock productivity. This leads to food insecurity and higher prices. Climate change poses a significant threat to global food systems. Rising temperatures, erratic rainfall, and extreme weather events disrupt agricultural production. Crops suffer from heat stress and water shortages, reducing yields. Livestock face health…
Euro zone inflation rebounds in December, fueling rate-cut debates
Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023. Bloomberg | Bloomberg | Getty Images Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease, according to data released Friday by Eurostat. The annual print was a little…
U.S. deficit tops half a trillion dollars in the first quarter of fiscal year
US President Joe Biden, with Treasury Secretary Janet Yellen, speaks during a meeting with his cabinet at the White House in Washington, DC, on March 3, 2022. Jim Watson | AFP | Getty Images The U.S. government ran up another half a trillion dollars in red ink in the first quarter of its fiscal year,…
A floating village is stranded on a dry lakebed as extreme drought grips the Amazon | CNN
CNN  — A floating village now lies stranded on a lakebed in Brazil’s Amazon as severe drought leaves communities struggling to access food, fresh water and fuel. Dramatically receding water levels in Lake Puraquequara, east of Manaus, the capital of the state of Amazonas, have left boats and floating buildings marooned in the mud. It…
