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 […]
By Venkat Gopalakrishnan, Divyanshi Wadhwa, Sara Haddad, and Paul Blake 21 December 2021 (World Bank) – From uneven economic recovery to unequal access to vaccines; from widening income losses to divergence in learning, COVID-19 has had a disproportionate impact on the poor and vulnerable in 2021. It is causing reversals in development and is dealing a […]
8 December 2021 (World Inequality Lab) – […] An average adult individual earns PPP €16,700 (PPP USD23,380) per year in 2021, and the average adult owns €72,900 (USD102,600). These averages mask wide disparities both between and within countries. The richest 10% of the global population currently takes 52% of global income, whereas the poorest half […]
By Alex Tanzi and Mike Dorning 8 October 2021 (Bloomberg) – After years of declines, America’s middle class now holds a smaller share of U.S. wealth than the top 1%. The middle 60% of U.S. households by income — a measure economists often use as a definition of the middle class — saw their combined […]
By Anna Bahney 15 July 2021 (CNN) – Housing has become so expensive in the United States that the typical minimum wage worker cannot afford rent, according to a new report. There is no state, county or city in the country where a full-time, minimum-wage worker working 40 hours a week can afford a two-bedroom […]
By Maggie Fox 14 July 2021 (CNN) – Drug overdose deaths rose by close to 30 percent in the United States in 2020, hitting the highest number ever recorded, the US Centers for Disease Control and Prevention reported Wednesday. More than 93,000 people died from drug overdoses in 2020, according to provisional data released by […]
12 July 2021 (UNFAO) – The world is in a very different place to where it was six years ago when it committed to the goal of ending hunger, food insecurity and all forms of malnutrition by 2030. At the time, we were optimistic that with transformative approaches, past progress could be accelerated, at scale, […]
By Nouriel Roubini 2 July 2021 (The Guardian) – In April, I warned that today’s extremely loose monetary and fiscal policies, when combined with a number of negative supply shocks, could result in 1970s-style stagflation (high inflation alongside a recession). In fact, the risk today is even bigger than it was then. After all, debt ratios in […]
By Tom McGinty and Scott Patterson 24 February 2021 (The Wall Street Journal) – Texas’s deregulated electricity market, which was supposed to provide reliable power at a lower price, left millions in the dark last week. For two decades, its customers have paid more for electricity than state residents who are served by traditional utilities, a Wall […]
By Michelle Chapman and David Koenig 1 March 2021 (AP) – The largest and oldest power cooperative in Texas is filing for bankruptcy protection, citing last month’s winter storm that left millions without power, and it is unlikely to be the last utility to seek shelter in the courts. Brazos Electric Power Cooperative serves distributors […]
