20 January 2019 (Desdemona Despair) – At the beginning of each year, the World Economic Forum publishes its Global Risks Report, which “presents the results of our latest Global Risks Perception Survey, in which nearly 1,000 decision-makers from the public sector, private sector, academia and civil society assess the risks facing the world.” In 2019, […]
By Gillian Tett17 January 2019 (Financial Times) – What are the biggest risks stalking the world today? A cynic might gripe that the list is so depressingly long that it is pointless even to try to choose: populism, cyber attacks, trade wars, weather shocks and global debt are all on the rise. However, during the […]
By Sammy Roth 15 January 2019 (Los Angeles Times) – Climate change helped fuel the deadly fires that prompted California’s largest power company to announce Monday that it would file for bankruptcy in the face of $30 billion in potential liabilities. In a grim twist, the bankruptcy of PG&E Corp. could now slow California’s efforts […]
By Jeanna Bryner10 January 201 (Live Science) – Joshua trees are beautiful, but humans can be pretty awful. That’s what park rangers learned during the first week or so of the partial government shutdown.Joshua Tree National Park is about the size of Delaware, but only eight law-enforcement rangers were tasked with protecting the 1,238 square […]
By Eric Westervelt4 January 2019 (NPR) – Facing staggering liability costs for its potential culpability in a series of deadly wildfires, the parent company of California’s largest utility is exploring whether to sell off a major part of the company, NPR has learned. Internally, Pacific Gas & Electric has dubbed this strategy “Project Falcon.” Under […]
By Lydia DePillis4 January 2019 Washington (CNN) – The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, according to numbers released Thursday by the Treasury Department. The national debt has been rising at an accelerated rate in the aftermath […]
By Holly Yan and Chris Boyette 4 December 2018 (CNN) – California’s Camp Fire didn’t just kill dozens of people and destroy thousands of homes. It also left an insurance company in financial ruins, unable to pay millions of dollars to policyholders.A state judge ruled that Merced Property & Casualty Co. can’t meet its obligations […]
By Peter Sullivan 29 November 2018 (The Hill) – U.S. life expectancy declined in 2017 as more Americans died of drug overdoses and suicides, furthering a troubling trend of declining lifespans not seen in a century, the Centers for Disease Control and Prevention found in a report released Thursday. Life expectancy was 78.6 years in […]
By James Fernyhough 15 November 2018 (The Australian Financial Review) – Insurance giant IAG has warned a failure to reduce greenhouse gas emissions could result in a world that is “pretty much uninsurable”, with poorer communities likely to bear the brunt of the effects. In Australia, IAG said temperature increases of more than 3 degrees […]
By Stephanie Nebehay; editing by John Stonestreet 8 November 2018 GENEVA (Reuters) – Three million Venezuelans have fled economic and political crisis in their homeland, most since 2015, the United Nations said on Thursday. The exodus, driven by violence, hyperinflation and shortages of food and medicines, amounts to around one in 12 of the population. […]
