Daily updates on climate change and the global economy.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

Daily updates on climate change and the global economy.
Stay current with what’s happening around the world with a quick scan of top news.

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“Japan loses crown as world’s third-largest economy after it slips into recession…

“Japan has been eclipsed by Germany as the world’s third-biggest economy and has slipped into recession [Germany’s economy is itself hardly robust], according to data released Thursday, as the country battles a weak yen and an ageing, shrinking population.”

https://www.theguardian.com/world/2024/feb/15/japan-recession-economy-falls-behind-germany-worlds-largest


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“Britain is suffering the longest hit to living standards on record, according to official figures that showed the economy is in recession…

“The decline was much larger than predicted by analysts and follows a fall of 0.1pc in the previous three months. It means the UK has fallen into its first technical recession since the economy locked down four years ago.”

https://www.telegraph.co.uk/business/2024/02/15/uk-economy-falls-recession-blow-sunak/


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“British farmers plan more French-style tractor protests this weekend.

“Farmers unhappy at low supermarket prices and cheap food imports from post-Brexit trade deals have vowed to renew their French-style protests with tractors this weekend. Demonstrations modelled on those across the Channel in recent months have sprung up in the UK…”

https://www.theguardian.com/environment/2024/feb/15/british-farmers-plan-more-french-style-tractor-protests-this-weekend


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“Italian farmers ‘invade Rome’ in the latest of EU-wide protests…

“Elsewhere in Europe – Madrid, Antwerp, Wroclaw in Poland – thousands of farmers and their heavy equipment were on the streets, or more often the motorways. The demands are varied but have a common theme: rules issued by Brussels.”

https://www.itv.com/news/2024-02-15/italian-farmers-invade-rome-in-the-latest-of-eu-wide-protests


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“Ukrainians Stage Border Blockade in Response to Polish Farmers.

“A counter-protest unfolded at the Yagodin-Dorogusk border crossing as Ukrainian citizens orchestrated a blockade, mirroring the actions of Polish farmers, to disrupt the return of Polish transporters to their country.”

https://www.novinite.com/articles/224225/Ukrainians+Stage+Border+Blockade+in+Response+to+Polish+Farmers


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“‘A lot higher than we expected’: Russian arms production worries Europe’s war planners…

“Total defence spending has risen to an estimated 7.5% of Russia’s GDP, supply chains have been redesigned to secure many key inputs and evade sanctions, and factories producing ammunition, vehicles and equipment are running around the clock, often on mandatory 12-hour shifts with double overtime…”

https://www.theguardian.com/world/2024/feb/15/rate-of-russian-military-production-worries-european-war-planners


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“German minister calls for British and French nuclear weapons to protect Europe…

“The escalating threat from Russia and potential US abandonment of NATO means Europe’s security posture is being radically rethought. A senior German minister has suggested that the UK and France could play a larger role in Europe’s nuclear shield if Donald Trump wins this year’s US presidential election…”

https://www.euronews.com/2024/02/15/german-minister-calls-for-british-and-french-nuclear-weapons-to-protect-europe


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“Balkan governments mull military service amid regional and global tensions…

“Several governments in the Southeast Europe region have mooted the idea of restoring military service in recent weeks in response to heightened geopolitical tensions. Politicians in Croatia, Romania and Serbia have all discussed a potential move to a form of military service.”

https://www.intellinews.com/balkan-governments-mull-military-service-amid-regional-and-global-tensions-312390/


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“Azerbaijan planning ‘full-scale war’, Armenia warns…

“”Our analysis shows that Azerbaijan wants to launch military action in some parts of the border with the prospect of turning military escalation into a full-scale war against Armenia,” Pashinyan said at a government meeting.”

https://www.rfi.fr/en/international-news/20240215-azerbaijan-planning-full-scale-war-armenia-warns


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“Hezbollah vows to retaliate for civilian deaths in Israeli airstrikes on Lebanon.

“A strike on the city of Nabatiyeh late on Wednesday killed seven civilians, including two children, and three members of Hezbollah, sources in Lebanon said. It followed an earlier attack that killed a woman and her two children…”

https://www.theguardian.com/world/2024/feb/15/hezbollah-vows-to-retaliate-for-civilian-deaths-in-israeli-airstrikes-on-lebanon


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“Nasser hospital in ‘catastrophic’ condition as Israeli troops raid [Gaza].

“Israel’s military claims it has captured “dozens” of terror suspects during a raid on southern Gaza’s main hospital, as staff and patients were forced to flee under gunfire. Israel said it launched a “precise and limited mission” at Nasser hospital in Khan Younis, adding it had intelligence that Hamas had held hostages there.”

https://www.bbc.co.uk/news/world-middle-east-68304979


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“UN envoy warns of ‘dangerous’ escalation cycle in war-wracked Yemen…

“As recently as December, painstaking negotiations were gaining ground and the UN said the warring parties had agreed to work towards “the resumption of an inclusive political process”. The recent Houthi attacks, in addition to Western retaliation, have thrown the peace process up in the air.”

https://www.aljazeera.com/news/2024/2/14/un-envoy-warns-of-dangerous-escalation-cycle-in-war-wracked-yemen


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“Yemen’s Houthis fire missiles at British ship in Gulf of Aden, spokesman says.

“Yemen’s Iran-aligned Houthis fired naval missiles at the British ship ‘LYCAVITOS’ in the Gulf of Aden, the group’s military spokesman Yahya Sarea said in a televised speech on Thursday.”

https://www.reuters.com/world/middle-east/yemens-houthis-fire-missiles-british-ship-gulf-aden-spokesman-says-2024-02-15/


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“Concerns mount over shortages of Asian goods due to Red Sea conflict…

“The [UK] Institute of Export & International Trade also highlighted problems with rice coming from India, garments from Bangladesh and other countries in south east Asia, machinery from Japan, and wine, lamb and beef from Australia and New Zealand. European farmers too could struggle to get hold of major Indian exports like fertiliser, chemicals and grains…”

https://www.thegrocer.co.uk/supply-chain/concerns-mount-over-shortages-of-asian-goods-due-to-red-sea-conflict/688284.article


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“Houthi bypass: Quietly, goods forge overland path to Israel via Saudi Arabia, Jordan…

“Israel-based freight forwarder Mentfield Logistics is among the companies involved in establishing a commercial trade route circumventing the Red Sea by sending goods from the ports of Dubai and Bahrain overland on trucks passing through the United Arab Emirates, Saudi Arabia and Jordan, and ending at Israeli ports.”

https://www.timesofisrael.com/houthi-bypass-quietly-goods-forge-overland-path-to-israel-via-saudi-arabia-jordan/


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“A U.S. Coast Guard ship seized weapons intended for the Houthi militant group during an operation in the Arabian Sea in late January, U.S. Central Command announced Thursday.

On Jan. 28, personnel aboard the Coast Guard cutter Clarence Sutphin Jr. located and boarded a vessel… the shipment originated from Iran, the command said.”

https://www.politico.com/news/2024/02/15/us-houthi-weapons-shipment-00141616


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“Iran will reciprocate if its ships are seized, the legal adviser to Iran’s President told state media on Thursday, in response to a statement by the United States Department of Justice.

“This month, the Department of Justice issued a statement announcing the seizure of more than 500,000 barrels of Iranian fuel to clamp down on the “Revolutionary Guards’ financing network”.”

https://www.reuters.com/world/middle-east/iran-will-reciprocate-if-its-ships-are-seized-official-says-2024-02-15/


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“Beijing condemns Taiwan after two Chinese fishers die in speedboat crash…

“Taiwan’s coastguard said the speedboat had “illegally [entered] Taiwanese waters”, Taiwan’s Central News Agency (CNA) reported. The coastguard “immediately requested that the boat submit to an inspection, but it resisted and capsized as it sped away”, CNA said.”

https://www.theguardian.com/world/2024/feb/14/beijing-condemns-taiwan-after-two-chinese-fishers-die-in-speedboat-crash


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“Philippines Won’t Back Down on Sea Claims, Top Envoy Says.

“The Philippines is committed to asserting its claims in the South China Sea even as it aims to manage disputes through peaceful means, its top diplomat said. “We still will maintain our position of defending our sovereign rights wherever they are applicable…””

https://www.bloomberg.com/news/articles/2024-02-15/philippines-not-backing-down-on-south-china-sea-top-envoy-says


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“Paraguay’s senate has expelled one of the few opposition voices in national politics, sparking protests in the capital Asunción and prompting concerns over the fragile state of the country’s democracy.

“Senator Kattya González from the center-left National Meeting Party was dismissed from her position during an extraordinary session on Wednesday for the “misuse of influence” while in office.”

https://www.theguardian.com/world/2024/feb/14/paraguay-opposition-expelled-senate


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“‘More and more hunger’: Argentina’s soup kitchens on brink of collapse from high inflation.

“A week ago, 20 kilograms (44 pounds) of pasta was enough to feed the dozens of families who visit the Sal de la Tierra soup kitchen in Villa Fiorito, a poor Buenos Aires suburb beset by the economic crisis ravaging Argentina. But with monthly inflation topping 20%, the number of hungry residents has soared.”

https://www.reuters.com/world/americas/more-more-hunger-argentinas-soup-kitchens-brink-collapse-high-inflation-2024-02-14/


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“Guyana’s fast growing economy risks inflation, Venezuela conflict

“Guyana Is Trying to Keep Its Oil Blessing From Becoming a Curse… The tiny Caribbean nation has the fastest-growing economy in the world, but the boom is stoking challenges from inflation and a growing wealth gap to the looming threat of conflict with Venezuela.”

https://www.bloomberg.com/news/features/2024-02-16/guyana-s-fast-growing-oil-economy-risks-inflation-venezuela-conflict


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“Venezuelan Oil Output, Fuel Supply Threatened by Potential Renewed US Sanctions…

“Venezuela’s most crucial economic sector has been targeted by US coercive measures since mid-2017. Washington has levied financial sanctions, an oil embargo, secondary sanctions and a raft of prohibitions aimed at strangling Caracas’ main income source.”

https://venezuelanalysis.com/news/venezuelan-oil-output-fuel-supply-threatened-by-potential-renewed-us-sanctions/


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“Tobago oil spill spreads to Grenada waters and could affect Venezuela…

“Eight days after Trinidad and Tobago’s coastguard first spotted the oil from an overturned and abandoned barge, the vessel continues to leak fuel, and portions of the stain have moved about 144km (89 miles) into the Caribbean Sea at a rate of 14km/h.”

https://www.theguardian.com/world/2024/feb/15/trinidad-tobago-oil-spill


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“Desperate Nigerians have been protesting against soaring food prices as an economic crisis forces people to skip meals and eat poor-grade rice used as fish food.

“To feed their children, women in northern Nigeria have even resorted to digging up anthills in search of grain stored by the insects, according to videos shown on social media.”

https://timesofindia.indiatimes.com/world/rest-of-world/food-crisis-grips-northern-nigeria-sparking-protests/articleshow/107720891.cms


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“10 things to know about the neglected emergency in Chad.

“One of the world’s poorest countries has been hit by the world’s largest displacement crisis. In eastern Chad, locals are sharing what little they have with the largest surge of refugees ever to cross there… Almost 700,000 people have crossed into eastern Chad in 10 months [fleeing] devastating violence in Sudan’s West Darfur…”

https://www.nrc.no/perspectives/2024/10-things-to-know-about-the-neglected-emergency-in-chad/


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“South Africa Risks Showdown With Rwanda Over Congo Deployment.

“Troops from South Africa, Tanzania and Malawi will begin to replace a United Nations force that’s been in Congo for 25 years and a year-old East African Community deployment. Neither has been able to stabilize a region that’s rich in tin, tantalum, gold and other metals.”

https://www.bloomberg.com/news/articles/2024-02-16/south-africa-risks-showdown-with-rwanda-over-congo-deployment


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“The world has turned its back on Sudan as catastrophic war rages on, says aid worker…

“Global Affairs Canada spokesperson Pierre Cuguen told CBC that Canada is “deeply concerned by the ongoing conflict in Sudan” and “continues to call on the parties to allow and facilitate rapid and unimpeded passage of humanitarian relief for civilians in need.””

https://www.cbc.ca/radio/asithappens/nrc-sudan-1.7116487


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“World leaders’ responses to conflict imperil the rules-based world order…

“The world is heading towards a dangerous place where selective government outrage and “a la carte” application of international law are becoming the norm. The result is already damning: a crisis of credibility and the erosion of trust in international institutions and governments, putting in peril the rules-based world order.”

https://www.aljazeera.com/opinions/2024/2/15/western-responses-to-armed-conflict-imperil-the-rules-based-world-order


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“Asexual propagation of crop plants gets closer…

“If it were possible to bypass the reductional division and fertilization of female gametes, the seeds produced would be genetically identical to the mother plant. Plant varieties with desired characteristics could thus be propagated much more easily – as seed clones.”

https://www.eurekalert.org/news-releases/1034519


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“…EU Parliament endorses draft law to deregulate GMOs…

“The European Parliament (EP) has endorsed a controversial European Commission plan that exempts many new genetically modified organisms (GMOs) from current safety rules, ignoring critical science, and farmer and consumer rights, warned Greenpeace.”

https://www.greenpeace.org/eu-unit/issues/nature-food/46946/more-misery-for-farmers-as-eu-parliament-endorses-draft-law-to-deregulate-gmos/


You can read the previous “Economic” thread here. I’ll be back tomorrow with a “Climate” thread.

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