FAO Food Price Index rose to new all-time high in February 2022

FAO Food Price Index, January 1961 - February 2022. In February 2022, the FAO Food Price Index (FFPI), averaged 140.7 points, up 5.3 points (3.9 percent) from January and as much as 24.1 points (20.7 percent) above its level a year ago. This represents a new all-time high, exceeding the previous top of February 2011 by 3.1 points. The February rise was led by large increases in vegetable oil and dairy price sub-indices. Cereals and meat prices were also up, while the sugar price sub-index fell for the third consecutive month. Graphic: FAO

March 12, 2022

FAO Food Price Index rose to new all-time high in February 2022

4 March 2022 (FAO) – The FAO Food Price Index (FFPI) averaged 140.7 points in February 2022, up 5.3 points (3.9 percent) from January and as much as 24.1 points (20.7 percent) above its level a year ago. This represents a new all-time high, exceeding the previous top of February 2011 by 3.1 points. The […]

Map showing no-contest elections, coups, and power grabs globally in 2021. Numbers indicate score declines for events in 2021, on a 100-point scale, in the 2022 edition of the “Freedom in the World” report. Coups were more common in 2021 than in any of the previous 10 years. Graphic: Freedom House

March 11, 2022

The global expansion of authoritarian rule – “The present threat to democracy is the product of 16 consecutive years of decline in global freedom”

By Sarah Repucci and Amy Slipowitz 24 February 2022 (Freedom House) – Global freedom faces a dire threat. Around the world, the enemies of liberal democracy—a form of self-government in which human rights are recognized and every individual is entitled to equal treatment under law—are accelerating their attacks. Authoritarian regimes have become more effective at […]

Raw data and modelled estimates for the percentage of pathogen isolates that are resistant by country and territory, 2019. Meticillin-resistant Staphylococcus aureus (A), isoniazid and rifampicin co-resistant (excluding XDR) Mycobacterium tuberculosis (B), third-generation cephalosporin-resistant Escherichia coli (C), carbapenem-resistant Acinetobacter baumannii (D), fluoroquinolone-resistant E coli (E), carbapenem-resistant Klebsiella pneumoniae (F), and third-generation cephalosporin-resistant K pneumoniae (G). Locations with no data or modelled estimates are presented in white. XDR=extensively drug resistant. Graphic: Murray, et al., 2022 / The Lancet

January 29, 2022

Drug-resistant bacteria kill 1.2 million globally – “This new study clearly demonstrates the existential threat that resistance poses to global health and modern medicine”

By Mike Stobbe 20 January 2022 NEW YORK (AP) – Antibiotic-resistant germs caused more than 1.2 million deaths globally in one year, according to new research that suggests that these “superbugs” have joined the ranks of the world’s leading infectious disease killers. The new estimate, published Thursday in the medical journal Lancet, is not a […]

Cumulative global insured losses by peril in 2021. Aggregated costs for insurers have been largely dominated by the Tropical Cyclone and Severe Weather perils this century. The two perils combined for more than $1 trillion, or 60 percent of the total cumulative industry losses, of which roughly 74 percent was incurred in the United States. The Severe Convective Storm peril has also increasingly separated itself as accounting for the highest number of billion-dollar events. Graphic: Aon

January 27, 2022

Aon: 2021 was third costliest year on record for weather and climate-related events – Germany, Belgium, Austria, Luxembourg, and China recorded the costliest insurance industry events on record

CHICAGO, 25 January 2022 (Aon) – Aon plc (NYSE: AON), a leading global professional services firm, today published its 2021 Weather, Climate and Catastrophe Insight, which evaluates the increasing frequency and severity of disruptive natural disasters and how their resulting economic losses are protected globally. This data serves as the foundation for insights that can help […]

Coronavirus in the U.S., January 2020-January 2022, showing case rates, hospitalizations, and mortality. Data: Johns Hopkins University / Department of Health and Human Services. Graphic: CNBC

January 21, 2022

Two years since Covid was first confirmed in U.S., the pandemic is worse than anyone imagined – “Everybody wants to get to this thing called endemic. I still don’t know what the hell that means.”

By Spencer Kimball and Nate Rattner 21 January 2022 (CNBC) – A 35-year-old man returned to the U.S. from Wuhan, China on Jan. 15, 2020 and fell ill with a cough and fever. He had read an alert from the Centers for Disease Control and Prevention about an outbreak of a novel coronavirus in Wuhan […]

Map showing natural catastrophe loss event worldwide in 2021. In 2021, natural disasters caused overall losses of $280 billion, of which roughly $120 billion were insured. Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: $146 billion, inflation-adjusted) – overall losses from natural disasters were the fourth-highest to date (record year 2011: $355 billion). Graphic: Munich Re

January 13, 2022

For the insurance industry, 2021 was the second-highest loss year on record, after 2017 – “The 2021 disaster statistics are striking because some of the extreme weather events are of the kind that are likely to become more frequent or more severe as a result of climate change”

10 January 2022 (Munich Re) – Worldwide, natural disasters caused substantially higher losses in 2021 than in the two previous years. Based on provisional data, storms, floods, wildfires, and earthquakes destroyed assets worth US$ 280bn. Losses in the previous year amounted to US$ 210bn, while in 2019 they were US$ 166bn. Roughly US$ 120bn of […]

Global greenhouse gas emissions, 1990-2020. The reduction in emissions in 2020 due to the COVID-19 pandemic and global recession was 10 times greater than the impact on emissions from the 2008 global financial crisis. Graphic: Rhodium Group

January 9, 2022

Global greenhouse gas reduction in 2020 from pandemic and global recession “was 10 times greater than the impact on emissions from the 2008 global financial crisis”

By Alfredo Rivera, Shweta Movalia, Hannah Pitt, and Kate Larsen 23 December 2021 (Rhodium Group) – Understanding annual trends in greenhouse gas (GHG) emissions is a critical input for decision-makers in their efforts to reach net-zero emissions, whether is at the national, state, city, or corporate levels. Tracking emissions of the 190+ Parties to the […]

A sanitation worker sweeps a deserted road in Xi'an, in the northern Chinese province of Shaanxi, after the city was locked down in December 2021 due to COVID-19. Photo: Agence France-Presse / Getty Images

December 30, 2021

China holds to its “zero Covid” strategy, locks down Xi’an, a city of 13 million

By Vivian Wang and Joy Dong 30 December 2021 (The New York Times) – China, racing to control one of its worst outbreaks in a single city since the beginning of the pandemic, has put in place a sweeping lockdown and mass testing drives, making clear that the country has no intention of abandoning its “zero […]

Newcastle Coal Futures, 5 December 2008 - 23 December 2021. In December 2021, Newcastle Coal Futures rose to $169 per metric ton, the highest price since the $222 peak on 29 October 2021, pressured by a surge in China’s thermal coal futures as supply is expected to tighten. In 2021, the Chinese government has intensified a crackdown on illegal mining in the country's top coal producing region Shanxi after a round of inspections at the region's miners and found at least 14 coal mines producing beyond their authorized capacity. Meanwhile, the National Development and Reform Commission, China’s top economic planner, released a plan to raise annual thermal coal prices for 2022 to CNY 700 per ton from 2017's CNY 535 per ton, well above an informal ceiling of CNY 600. Earlier in 2021, China introduced power curbs especially for energy-intensive businesses and restrictions on coal imports, aiming to reach its climate targets but such curbs led to a serious power crunch. Graphic: Trading Economics

December 23, 2021

“Prepare for lack of electricity” in 2022 says Foxconn founder

By Elles Houweling 20 December 2021 (Verdict) – The founder and director of Foxconn, the world’s largest contract manufacturer of electronics, Terry Gou, has said that “there will be a shortage of electricity in the next year.” Gou added that “people should not complain about the future lack of electricity.” Instead, they should “prepare”. Hon Hai Precision […]

Map showing the near-surface air temperature differences from the 1981-2010 average for January to September 2021. Data are from the ERA5 reanalysis product. Graphic: C3S / ECMWF

December 12, 2021

State of the Climate in 2021: Past seven years are on track to be the seven warmest on record – “Extreme events are the new norm”

GENEVA, 31 October 2021 (WMO) – Record atmospheric greenhouse gas concentrations and associated accumulated heat have propelled the planet into uncharted territory, with far-reaching repercussions for current and future generations, according to the World Meteorological Organization (WMO). The past seven years are on track to be the seven warmest on record, according to the provisional WMO […]

Desdemona Despair

Category: China