10 June 2013 (Deutsche Welle) – The International Energy Agency (IEA) says the world’s carbon dioxide emissions from fossil fuel usage have risen to a record level. It warns that despite increased renewables usage climate change will “not go away.” Global carbon dioxide emissions hit a new record in 2012, standing at 31.6 billion tons, […]
By Tim Johnson3 June 2013 SAN PEDRO YEPOCAPA, Guatemala (McClatchy) – Across Central America, even as rains arrive, many coffee plantations contain only spindly, nearly defoliated bushes, the result of a blight known as coffee leaf rust whose devastation, so far, has yet to affect the prices of premium highland coffee that baristas serve around […]
[cf. Shadow banking grows to $67 trillion industry, regulators say] By Robert Frank31 May 2013 (CNBC) – The wealthiest 1 percent now control 39 percent of the world’s wealth, and their share is likely to grow in the coming years, according to a new report. The world’s total private wealth grew 7.8 percent last year […]
By Alex Altman22 May 2013 (TIME) – Many politicians complain about wasteful spending until they’re on the receiving end. Not Tom Coburn. Throughout his career, the Republican Senator from Oklahoma has consistently argued that disaster-relief funds must be offset by matching spending cuts, even when his home state is the one afflicted by tragedy. Coburn […]
By Allison Linn26 May 2013 (TODAY) – The amount of money spent per public school student fell in 2011 for the first time since the Census Bureau began keeping records more than three decades earlier, as economic woes finally caught up with educational realities. “This is clearly the fallout from the Great Recession,” said Michael […]
Contact the UNISDR press office: Denis McClean: +41-79-444-5262 (mobile) Maria Hasan: +1-917-367-72070 or +1-917-856-2014 (mobile) Andrew McElroy: +41-79-217-3023 (mobile) NEW YORK, 15 May 2013 – The United Nations today issued a stark warning to the world’s business community that economic losses linked to disasters are “out of control” and will continue to escalate unless disaster […]
By Suzi Parker13 May 2013 (Take Part) – Summer break has started very early for kids in one Michigan school district. Buena Vista schools have been closed for five days already, and on Monday, the district’s website stated that the school would be closed until further notice. For good reason, this decision has parents, and […]
By Robin Emmott, Sarah Marsh, and Mike Peacock, with additional reporting by Gavin Jones in Berlin and Ingrid Melander in Paris; Editing by Jeremy Gaunt15 May 2013 BRUSSELS/BERLIN (Reuters) – Germany’s economy crept back into growth at the start of the year but not by enough to stop the euro zone from contracting for a […]
27 March 2013 (IMF) – Global pre-tax energy subsidies are significant. The subsidy estimates capture both those that are explicitly recorded in the budget and those that are implicit and off-budget. The evolution of energy subsidies closely mimics that of international energy prices (Figure 2). Although subsidies declined with the collapse of international energy prices, […]
By KARIN LAUB 11 May 2013 SOUK AL-JUMMA, Tunisia (Associated Press) – On the day he chose to die, Adel Khedri woke up at 6:30 a.m., took his black backpack and headed down to the busy boulevard where he worked as a cigarette peddler. It was the last in a series of odd jobs that […]