18th March 2020 Today’s Round-Up of Economic News
"The swift hit to the U.S. economy from efforts to stop the spread of the coronavirus has created a crunch in credit markets that threatens to turn an economic downturn into a financial crisis. "Companies have rushed to raise cash by drawing down credit lines and...
17th March 2020 Today’s Round-Up of Climate News
This is the quietest news day for climate change/extreme weather that I can ever recall and it is apparently part of a trend, as I have noticed fewer stories for a while now. Seems like the fall out from the coronavirus is soaking up all our media bandwidth. "The...
17th March 2020 Today’s Round-Up of Economic News
"The COVID-19 virus is pushing an economy that was already approaching a cliff. Will it go over the edge? Probably. And the Federal Reserve lifeline is wearing thin... As the old saying goes, you can’t get blood from a turnip. What happens when millions of debtors...
16th March 2020 Today’s Round-Up of Climate News
"As a result of the unusually warm weather this winter, seasonal rhythms have been thrown off kilter. As CBS News reported earlier this week, in places from Moscow to the U.S. bears have been seen coming out of hibernation early. Connecticut's Beardsley Zoo says its...
16th March 2020 Today’s Round-Up of Economic News
"The world economy has fallen into recession, suffering from a “wicked cocktail” of coronavirus and the dramatic action to limit its spread, according to four former IMF chief economists. "As the virus has spread from China to the rest of the world, economists no...
13th March 2020 Today’s Round-Up of Climate News
"An unusually powerful storm has slammed into the Middle East, unleashing torrential rain, destructive winds and towering walls of dust. "This storm is occurring at the same time as Egypt, Israel and other nations in the region are confronted by the growing threat...
13th March 2020 Today’s Round-Up of Economic News
A few thoughts: The global economy was already awash in unprecedented amounts of debt and weakening markedly in 2019. We now have twin supply and demand shocks from the coronavirus lock-downs, and a spin-off oil-price war between Saudi and Russia pushing us into a...
12th March 2020 Today’s Round-Up of Climate News
"The polar ice caps are melting six times faster than in the 1990s, according to the most complete analysis to date. "The ice loss from Greenland and Antarctica is tracking the worst-case climate warming scenario set out by the Intergovernmental Panel on Climate...
12th March 2020 Today’s Round-Up of Economic News
"The coronavirus is a shock for both supply and demand. Some areas are more affected than others. Monetary policy is not effective at addressing such a complicated blow to the system. "Potentially, trillions of dollars in loans could go bad... and trigger another...
11th March 2020 Today’s Round-Up of Climate News
"February 2020 was the second hottest February on record for the entire globe, reveals a new report released by the European Union's Earth Observation Programme Copernicus’s Climate Change Service. Moreover, the report also confirmed that past winter—from December...
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