By Arshad R. Zargar 18 May 2022 NEW DELHI (CBS News) – While a huge swathe of India bakes under record-breaking heat, the vast country’s northeast is being devastated by floods. Heavy rains started lashing the Indian states of Assam and Arunachal Pradesh last week, triggering floods and mudslides that have washed away houses, fields of […]
By Larry Elliott 9 May 2022 (The Guardian) – The departure of Sri Lanka’s prime minister, Mahinda Rajapaksa, follows weeks of protest and a deepening crisis. There is no bankruptcy system for states but if there was then the south Asian country – down to its last $50m (£40m) of reserves – would be first in […]
By Rajendra Jadhav, Mayank Bhardwaj, and Nigam Prusty 15 May 2022 MUMBAI (Reuters) – India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already […]
By Jake Spring 28 April 2022 SAO PAULO, April 28 (Reuters) – The world lost an area of forest the size of the U.S. state of Wyoming last year, as wildfires in Russia set all-time records and Brazilian deforestation of the Amazon remains high, a global forest monitoring project report said on Thursday. Global Forest Watch, which […]
By Stephanie Elam 29 April 2022 (CNN) – The U.S. West is in the grips of a climate change-fueled megadrought, and Lake Mead — the largest manmade reservoir in the country and a source of water for millions of people — has fallen to an unprecedented low. The lake’s plummeting water level has exposed one of the reservoir’s original water […]
By David Callaway 26 April 2022 MANAGUA, Nicaragua (Callaway Climate Insights) – As Latin America prepares for another disastrous hurricane season, two major intergovernmental reports are pointing to the need for urgency in reversing years of climate-related disasters that have driven more people into poverty. A report by the World Bank this month said over the past […]
By Pierre-Olivier Gourinchas 19 April 2022 (IMF) – Global economic prospects have been severely set back, largely because of Russia’s invasion of Ukraine. This crisis unfolds even as the global economy has not yet fully recovered from the pandemic. Even before the war, inflation in many countries had been rising due to supply-demand imbalances and […]
By Hannah Ellis-Petersen and Shah Meer Baloch 2 May 2022 DELHI and ISLAMABAD (The Guardian) – For the past few weeks, Nazeer Ahmed has been living in one of the hottest places on Earth. As a brutal heatwave has swept across India and Pakistan, his home in Turbat, in Pakistan’s Balochistan region, has been suffering […]
25 April 2022 (Euromaidan Press) – February 23 was an ordinary workday for the thousands of employees on two very different facilities: Chornobayivka chicken farm near Kherson and Azovstal, a giant steel mill in Mariupol. Now, after two months of the war, they are equally jobless due to the destruction of both enterprises: either by […]
By Fransiska Nangoy 22 April 2022 JAKARTA (Reuters) – Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely […]