William L. Matheson

As the war in Ukraine threatens food security around the world, the UN chief says he is “deeply concerned” by widespread hunger. UN Secretary-General Antonio Guterres has expressed deep concern about widespread hunger as the war in Ukraine threatens food security in different parts of the world. Speaking on WednesdayRead More →

In 2021, one in five losses occurred in southern China, Indochina, Indonesia and the maritime region of the Philippines – the “global loss hotspot” which accounted for 25% of losses during the last decade, due to high levels of trade, congested ports, fleets and extreme weather conditions. Half of theRead More →

An attack on the Human Rights Act, which incorporated the European Convention on Human Rights into British law, is expected to be part of the Queen’s Speech on Tuesday billed as a bid for Brexit Britain to get rid of the remaining European law. However, experts have argued that anRead More →

“As AGL’s largest shareholder, Grok remains committed to voting the shares he owns against the split and will actively encourage other shareholders to do the same.” Loading According to Grok, among the financial risks that could negatively affect AGL’s production business are increased debt and interest costs as lenders exitRead More →

LLess than three months after Russian troops crossed the Ukrainian border, the economic implications of the war are gradually being felt. There have been other conflicts since 1945, but it is hard to imagine one that had such a dramatic and sudden impact. The only real comparison is with theRead More →

The Biden administration’s decision to step up aid to Ukraine is paying real dividends, providing not only the weapons to fight Russian forces, but also the intelligence that has helped Ukraine kill a staggering number of generals Russians and to sink the flagship of Moscow in the Baltic Sea. WhileRead More →

Sri Lanka could run out of fuel and food next month, according to the former energy minister. Udaya Gammanpila was sacked earlier this year for criticizing government policy that has brought the country to the brink of bankruptcy. The former energy minister told Sky News that the economic crisis inRead More →

Inflation: the new COVID With the risk of the pandemic waning, thanks to robust vaccination rates across South Asia and the adaptation of governments and citizens to new patterns of behavior, inflation has become the biggest short-term risk. term for South Asian economies. Even before the war in Ukraine, consumerRead More →

Russia’s military debacle in Ukraine will have serious consequences for Moscow’s geopolitical position. Can’t beat any of the poorest countries in Europethe Kremlin will now find it difficult to preserve its traditional allies in the Russian sphere of influence. This is especially true in Syria, which has been under Moscow’sRead More →

Australia is one of the most expensive places in the world to live, but perhaps that’s unsurprising as its population is among the wealthiest in the world. We are not a nation like the United States or China, where a massive population can generate enough demand to stimulate the localRead More →

Florida is suing the makers of some fire-fighting foams, accusing them of polluting the environment and potentially making people sick with chemicals. Attorney General Ashley Moody’s office filed a lawsuit in mid-April in Hillsborough Circuit Court. State attorneys accuse several companies, including DuPont de Nemours, Inc.; Chemours FC, LLC; TycoRead More →

On a warm spring morning, Georgia Vasey walks up a trail west of Carson City, Nevada. “This is the moment when all of a sudden you’re like, ‘Wow, Nevada isn’t just brown and dry,’” says Vasey, the city’s natural resources specialist. “It looks pretty green from afar. But it’s allRead More →

The risk of Russia cutting off natural gas could mean Europe is not banning Russian oil, Vortexa’s chief economist said. Oil is a major source of money for Russia, while natural gas is its political weapon, David Wech said. Europe is heavily dependent on Russian energy, especially gas, and hasRead More →

In his case for nuclear power, “It’s time to see nuclear power in a different light” (Ideas, April 24), Jeff Howe misses two important points. First, it minimizes the long-term political risks of the nuclear fuel cycle. Every stage of the fuel cycle is charged – from centrifuges that concentrateRead More →

European investors seeking shelter from rising inflation and a sharp deterioration in the economic outlook saw returns 24% and +21% higher than gold versus the benchmark Euro Stoxx 50 and euro government bonds. We maintain a positive outlook for gold, driven by the need to diversify into volatile equities andRead More →

Fire weather risks are elevated in parts of the northeast and west today. Image: NWS With weather conditions perfect for wildfires, the National Weather Service today issued a new round of red flag warnings for many parts of the country. Red flag warnings are now in effect for all ofRead More →

Over the past two years, the headlines about Lebanon have been negative. Almost 80% of the Lebanese population lives below the poverty line. The World Bank has called Lebanon’s economic crisis the worst to hit the country since the mid-19and century. Much attention has been focused on the problem ofRead More →

There are two fronts in the Russian invasion of Ukraine: one is physical combat and airstrikes and the other is in cyberspace, where cybersecurity experts fight disinformation, psychological warfare and cyberattacks. Cyberattacks of this nature can and have resulted in power outages, rail disruptions, disruption of electoral voting systems and,Read More →

iantfoto/E+ via Getty Images As the Russian-Ukrainian conflict continues to rage, global energy markets are experiencing unprecedented volatility, with the power and renewables sector being no exception. On the back of global fuel markets already strained since last year, the conflict has pushed spot prices for coal and gas atRead More →

Climatologists have been working for years to understand and numerically represent these complex chains of interacting events in climate models – a daunting task that pushes the limits of available computing power. “It’s only been in the last five years or so that a framework has been developed to applyRead More →

GBP/USD tests major support and remains vulnerable After Fed Support for USD, Economic Concerns Weigh on GBP US PCE data in focus as Fed-BoE divergence weighs Image ©Adobe Images The exchange rate between the pound and the dollar entered the new week testing a major support level on the chartsRead More →

Countries that rely heavily on imported food and energy face the greatest risk of social and economic crises due to the disruption caused by Russia’s invasion of Ukraine. Yet even those who are themselves major producers of these essential products are suffering the fallout of war. Rising commodity prices inRead More →

Gas is currently the main source of energy supply in Bangladesh, however, its future reliance comes with critical climate, environmental, health and economic costs, according to a new analysis from the Rocky Mountain Institute (RMI). The analysis shows that by 2040, emissions from the production and transport of LNG couldRead More →

Mr Scholz remained firm on his opposition to a ban on Russian gas on Friday, saying it would cause a “dramatic economic crisis” in Europe and millions of job losses without ending the war. The Bundesbank said a ban would “significantly weaken” the German economy and lead to power rationing,Read More →

Image courtesy of DNV Posted on April 21, 2022 at 6:20 p.m. by The Maritime Executive DNV advises operators of passenger vessels to pay particular attention to the dangers posed by power failures, particularly for vessels with modern and complexRead More →

ALBUQUERQUE, NM (KRQE) – If you’ve been to New Mexico during wildfire season, you know the all too familiar smell of smoke in the air and the sound of fire trucks rushing to the scene of another wildfire in New Mexico. You probably remember the fires in the Jemez Mountains,Read More →

The budget targets a deficit of 2% of GDP for the current fiscal year, a marked improvement from last year’s deficit of 4.6%, Fitch noted. “Higher revenues from the economic recovery, high commodity prices and the phasing out of pandemic measures explain most of the year-over-year improvement,” he said. .Read More →

A study published Wednesday in the journal Nature Communication warns that attempting to tackle the climate crisis using geoengineering – a method often promoted by the fossil fuel industry – could have the devastating consequence of exposing an additional billion people in countries vulnerable to malaria, a mosquito-borne disease. “SimulationsRead More →