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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“Warnings over lethal and contagious strain of mpox as children in DRC die.

“A dangerous strain of mpox that is killing children and causing miscarriages in the Democratic Republic of the Congo is the most transmissible yet and could spread internationally, scientists have warned.”

https://www.theguardian.com/global-development/article/2024/jun/26/democratic-republic-congo-drc-virulent-strain-mpox-monkeypox-virus-killing-children-miscarriages


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“Why antibiotic resistance could make the last pandemic look minor…

“Our warming world is partly responsible for increasing rates of AMR, with shifting climate conditions around the globe helping bacteria such as Salmonella and cholera-causing Vibrio to survive – and evade our current antibiotic weaponry completely.”

https://www.newscientist.com/article/mg26234971-400-why-antibiotic-resistance-could-make-the-last-pandemic-look-minor/


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“US health agencies launch new studies of H5N1 bird flu in dairy workers and dairy products…

“The projects are part of a suite of new research announced by federal agencies on Tuesday to understand the dynamics of H5N1 bird flu, which for the first time jumped from birds to dairy cattle around the beginning of the year.”

https://edition.cnn.com/2024/06/25/health/new-studies-bird-flu-dairy-workers-and-dairy-products/index.html


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“Finland to start bird flu vaccinations for humans, in world first.

“Finland plans to offer pre-emptive bird flu vaccination as soon as next week to some workers with exposure to animals, health authorities said on Tuesday, making it the first country in the world to do so.”

https://www.reuters.com/business/healthcare-pharmaceuticals/finland-start-bird-flu-vaccinations-humans-2024-06-25/


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“Norway starts stockpiling grain again, citing the pandemic, war and climate change…

““There should be an extra level of security in the event of major disruptions in the international trade systems or failure of national production,” Slagsvold Vedum said. “This is an important part of the government’s work to strengthen national preparedness.””

https://apnews.com/article/norway-stockpiling-grain-ukraine-food-security-ac874122f2f2fb43e7d1332c1a51f0e6


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“PPE worth £1.4bn from single Covid deal destroyed or written off [UK]…

“An estimated £1.4bn-worth of personal protective equipment (PPE) bought by the government in a single deal has been destroyed or written off, according to figures described as the worst example of waste in the Covid pandemic.”

https://www.theguardian.com/world/article/2024/jun/25/ppe-worth-14bn-from-single-covd-deal-destroyed-or-written-off


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“Farmers ‘at war’ with countryside crime gangs [UK]…

“Mr Porter told the BBC: “If we didn’t have all our defences, the countryside would simply become even more lawless and it would be an unsafe place in which to live because these people are hugely threatening. “It is a war. I’m not trying to be dramatic. It literally is like that.””

https://www.bbc.co.uk/news/articles/c5111vx8y4mo


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“Denmark to charge farmers €100 a cow in first carbon tax on agriculture.

“After months of fraught negotiations with trade bodies and environmental groups, Denmark’s ruling coalition on Monday night agreed an effective tax rate of DKr120 (€16) per tonne of carbon dioxide equivalent emissions from livestock, including cows and pigs.”

https://www.ft.com/content/c7a4eeaa-3a00-4132-bac3-82e1d0650c78


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“Lufthansa to charge up to €72 per ticket to cover climate costs.

“Lufthansa Group airlines will include a surcharge of up to €72 per ticket starting next year to cover costs introduced by the EU Emissions Trading System and the sustainable aviation fuels (SAF) mandates, the German carrier announced Tuesday.”

https://www.politico.eu/article/lufthansa-to-charge-up-to-e72-per-ticket-to-cover-climate-costs/


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“With Macron Distracted, Germany Shuts Down Push for Joint EU Debt.

“The German government and its allies are succeeding in their efforts to block plans for new joint borrowing to finance critical European Union projects like defense. So-called defense bonds are likely to be off the table when European leaders gather Thursday…”

https://www.bloomberg.com/news/articles/2024-06-25/eu-summit-defense-bonds-in-question-as-germany-shuts-down-joint-eu-debt-push


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“French bond worries could spark broader debt crisis…

“By the end of last year, the country’s debt had risen to 111% of gross domestic product, far beyond the EU’s Maastricht debt ceiling of 60%. This made France the world’s third-largest sovereign debtor, after the United States and Japan.”

https://www.nzz.ch/english/french-bond-worries-could-spark-broader-debt-crisis-ld.1836195


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“Bitter Balkan feuds spill into Euros once again…

“An Albanian player leads fans in chants against North Macedonia. Rival supporters unite to chant “Kill the Serbs”. A journalist from Kosovo receives death threats for an eagle gesture. The bitter and often bewildering world of Balkan conflicts… has yet again spilled into the otherwise happy football fest of Euro 2024.”

https://cyprus-mail.com/2024/06/25/bitter-balkan-feuds-spill-into-euros-once-again/


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“EU hits 19 Chinese firms with sanctions over links to Russian war effort…

“The 14th package of sanctions against Russia added 61 new companies to the list of entities accused of directly “supporting Russia’s military-industrial complex” in the war in Ukraine, bringing the total to 675 firms.”

https://www.france24.com/en/europe/20240625-eu-hits-19-chinese-firms-with-sanctions-over-links-to-russian-war-effort


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“Russian saboteurs ‘behind fire’ at Berlin arms factory written off as accident…

“…intelligence officials now suspect that the fire was deliberately started by Russian operatives and have shared supporting evidence with the German government, according to the Wall Street Journal.”

https://www.telegraph.co.uk/world-news/2024/06/24/russian-saboteurs-caused-fire-berlin-arms-factory-ukraine/


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“US, Russia defense chiefs speak as tensions rise over Crimea attack…

“The U.S. and Russian defense chiefs spoke by telephone on Tuesday in rare communication between the two powers and with tensions rising after Moscow blamed Washington for a deadly Ukraine attack over the weekend on the Russian-annexed Crimea. The two sides gave widely divergent accounts of the conversation…”

https://www.reuters.com/world/pentagon-chief-russian-defense-minister-discuss-open-lines-communication-2024-06-25/


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“War crimes arrest warrants issued for top Russian officials.

“The International Criminal Court has issued an arrest warrant for Russia’s former defence minister, Sergei Shoigu, and the chief of general staff, Valery Gerasimov. The ICC judges said the two men were suspected of committing war crimes and crimes against humanity during the war in Ukraine.”

https://www.bbc.co.uk/news/articles/c988qjje02eo


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“A New Era of Financial Warfare Has Begun. The West’s latest actions against Russia carry risks for the global system and could provoke China…

“However it’s done, making money off other nations’ assets—even aggressor nations, such as Russia, in total violation of global norms—is a risky precedent.”

https://foreignpolicy.com/2024/06/25/g7-summit-frozen-russian-assets-ukraine-chinese-banks/


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“US sanctions ‘sprawling shadow banking network’ that helps Iran’s military…

“On Tuesday, the Treasury’s Office of Foreign Assets Control said the entities and individuals are involved in the sale of Iranian oil and petrochemicals, which have helped Iran’s military and government gain illicit access to the international financial system.”

https://www.aljazeera.com/economy/2024/6/25/us-sanctions-sprawling-shadow-banking-network-that-helps-irans-military


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“World War III knocking on the door [says Turkey’s Foreign Minister]…

“During a live broadcast last Monday, Fidan repeated his concern over the potential spillover effect of the ongoing war. He has clearly warned about the risk of World War III, especially considering the most recent developments both in the Middle East and in the Ukrainian conflict.”

https://www.dailysabah.com/opinion/columns/world-war-iii-knocking-on-the-door


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“North Korea fires potential hypersonic missile towards sea, South Korea says.

“Hypersonic weapons are considered the next generation of arms that aim to rob adversaries of reaction time and traditional defeat mechanisms… The missile launch came hours after South Korea said the North floated flying balloons – believed to be carrying rubbish – across the border for a second day in a row.”

https://news.sky.com/story/north-korea-fires-ballistic-missile-towards-sea-south-korea-says-13158861


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“Philippines warns of region-wide conflict over South China Sea reef dispute.

“The Philippine ambassador to Washington has warned that a conflict with China over a contested reef in the South China Sea could engulf countries across the Indo-Pacific, raising the spectre of a possible nuclear war.”

https://www.ft.com/content/b159b5a6-ba06-401c-8585-bc71ad73a69f


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“Coal push damps hopes of China’s climate ambition.

“Momentum behind net zero pledges could be fading as Beijing prioritises economic growth and energy security… The key indicators of concern are the rise of new coal-fired power stations in China and the slow rate of retirement of older coal plants.”

https://www.ft.com/content/b0e3c55d-9947-4826-bc1a-32c875368ab5


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“Argentina’s copper mining revival sparks environmental tensions.

“…the industry and its activities face consistent pressure from social and environmental organisations, due to the potential for pollution, disputes over water usage, and other conflicts in areas surrounding mines.”

https://dialogue.earth/en/energy/argentinas-copper-mining-revival-sparks-environmental-tensions/


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“Battle lines redrawn as Argentina’s lithium mines ramp up to meet electric car demand…

“For 14 years, the 33 Atacama and Kolla Indigenous communities have banded together to halt mining operations, fearful that their water resources will be lost or contaminated and that they will be forced from their land.”

https://www.theguardian.com/global-development/article/2024/jun/25/battle-lines-redrawn-as-argentinas-lithium-mines-ramp-up-to-meet-electric-car-demand


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“Javier Milei’s shock therapy pushes Argentina into recession…

“Drastic cuts to public spending led to Argentina’s GDP falling by 2.6c from January to March, which came after a 2.5pc drop in the final three months of 2023. This represents two successive quarters of negative growth, meeting the official definition of a recession.”

https://www.telegraph.co.uk/business/2024/06/25/javier-milei-shock-therapy-pushes-argentina-into-recession/


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“Ghana’s cocoa farmers turn to smuggling as currency falls…

“…the depreciation of the cedi, which has lost over 20 percent of its value against the dollar this year, has severely impacted the profitability of cocoa farming even as international prices topped $10,000 per tonne in March before receding in recent months.”

https://business.inquirer.net/465280/ghanas-cocoa-farmers-turn-to-smuggling-as-currency-falls


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“Tensions mount ahead of South Africa coalition govt formation…

“South Africa’s weakened African National Congress (ANC) denounced on Monday “outrageous demands” for cabinet positions by its coalition partners in documents leaked to the press amid negotiations to form a government.”

https://www.france24.com/en/video/20240625-tensions-mount-ahead-of-south-africa-coalition-govt-formation


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“Police have opened fire on protesters outside the Kenyan parliament as they attempted to storm the building in Nairobi while MPs inside passed legislation to raise taxes.

“At least five people were shot dead, according to Reuters, amid chaotic scenes…”

https://www.theguardian.com/world/article/2024/jun/25/kenyan-police-shoot-dead-protesters-as-crowd-try-to-storm-parliament


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“UN Security Council: Regional crisis deepens as Gaza war grinds on…

“While the situation in Gaza remains catastrophic, ongoing Israeli settlement expansion and escalating violence in the occupied West Bank is ratcheting up tension across the whole region, the UN’s Middle East envoy said on Tuesday.”

https://news.un.org/en/story/2024/06/1151441


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“US defence secretary Lloyd Austin has warned Hizbollah’s “provocations” threaten to drag Israel and Lebanon into a war that neither side wants.

“Austin’s warning came ahead of a meeting on Tuesday with Israeli defence minister Yoav Gallant, who is in Washington to consult with senior officials…”

https://www.ft.com/content/9119efdf-9771-48d0-8a51-99c72eed46a3


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“The military made a robot that can eat organisms for fuel.

“The designers of the phase I engine stressed heavily that the robot is not designed to eat the dead… but we know it could… The project began in 2003 and is a DARPA-funded venture between Cyclone Power Technologies and Robotic Technology, Inc.”

https://www.wearethemighty.com/mighty-tactical/robots-that-eat-people/


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

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