Economy 2 Oct 2018 global factory activity plunges

"Factory activity plunged from Asia to Europe in September, reflecting how few countries are left unaffected by a U.S.-led shake-up of international trade policies. "Chinese manufacturers said output took a hit amid the worst contraction in export orders since 2016,...

Climate 1 Oct 2018 unprecedented hot spell in Pyrenees

"The Pic du Midi [Pyrenees] has finally recorded temperatures below zero for the first time in 108 days, pulverizing the record for the summit. "It had been 108 days since the thermometer previously descended below the zero-degree mark at the Pic du Midi , the summit...

Economy 1 Oct 2018 China slowdown worsens

"Beijing will likely take steps to mitigate the impact of the trade war with the U.S. as recent economic indicators from China point to a slowdown, an economist said on Monday. ""We were calling for some slowdown, but the degree is much more than what we expected,"...

Economy 28 Sept 2018 cold turkey for junkie economy

The junkie economy will freak out when you take its methadone away, unsurprisingly: "On Wednesday, the U.S. Federal Reserve hiked its benchmark interest rate by a quarter-percentage point to 2% - 2.25%, which is the highest level since April 2008. As rates continue to...

Climate 27 Sept 2018 exceptionally rare cyclone

"An 'exceptionally rare' tropical cyclone has developed east of Australia. "The Fiji Meteorological Service has issued a weather warning over Tropical Cyclone Liua, which is currently at category one status. "'Tropical Cyclone Liua develops well east of Australia. Yes...

Economy 27 Sept 2018 world economy on shaky ground

"The world economy remains on shaky ground a decade after the 2008 financial crisis, with trade wars a symptom of a deeper malaise, according to UNCTAD’s Trade and Development Report 2018: Power, Platforms and the Free Trade Delusion. "While the economy has picked up...

Climate 26 Sept 2018 Florence was 2nd wettest US storm

"Hurricane Florence was the nation’s second rainiest storm in 70 years, a top rainfall meteorologist calculated. "Only last year’s Hurricane Harvey rained more over a 14,000 square mile area during a four-day time period, said Ken Kunkel, a meteorologist at the...

Economy 26 Sept 2018 Sino-US relations crumble

"Relations between the US and China are crumbling rapidly. Against a backdrop of an escalating trade war between the two countries, Washington has continued to push Beijing’s buttons on flashpoints, stoking fears on whether Donald Trump’s end goal is aimed at...

Climate 25 Sept 2018 freaky Arctic methane lake

Arctic lake specialist Katey Walter Anthony finds an Arctic lake unlike any other - it is positively haemorrhaging methane: "Set against the austere peaks of the Western Brooks Range, the lake, about 20 football fields in size, looked like it was boiling. Its waters...

ABOUT THIS SITE

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

 

Please help keep these updates coming by supporting me on Patreon here.

Thank you!!

If you have a comment, question or feedback, please contact me here.

To learn more about me and the ideas behind this blog, please visit here.

To learn how you can support the production of this blog, please go here.