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The climate change has a price tag and it could be expensive for the world, the increasing greenhouse gas emissions will exert a growing economic impact on countries leading to price rises, slow-paced technological changes, and slow growth in per-capita incomes. In this exclusive series, we highlight the various climatic and growth scenarios, analysis of economic and environmental costs, damaging eco-systems, changes in socio-economic structures and living situations.

Climate Change Series

No climate for cricket: how global warming is putting the heat on NZ’s summer game

Jan 04, 2024 04:41 am UTC| Sports

The recently concluded mens Cricket World Cup in India reached record audiences. But there was one thing the organisers did not want those viewers to see (other than Indias defeat by Australia in the final): crickets own...

Climate Change Series

River deltas are threatened by more than climate change – leaving hundreds of millions of people at risk

Dec 13, 2023 14:22 pm UTC| Nature

Perilously situated between rising sea levels and pressures from upstream lie coastal river deltas and their roughly half a billion inhabitants. These regions have played an important role in societal development since the...

Climate Change Series

How to assess the carbon footprint of a war

Dec 13, 2023 08:16 am UTC| Economy

We know that war is bad for the environment, with toxic chemicals left polluting the soil and water for decades after fighting ceases. Much less obvious are the carbon emissions from armed conflicts and their long-term...

Climate Change Series

The 7 charts that show Australians struggling as saving falls to near zero

Dec 07, 2023 08:05 am UTC| Economy

The national accounts released by the Australian Bureau of Statistics show economic growth slid to a measly 0.2% in the last quarter. Thats well down from a low 0.4% in the June quarter. Of course, economic...

Climate Change Series

COP28: South Africa pioneered plans to transition to renewable energy – what went wrong

Dec 07, 2023 08:03 am UTC| Economy

South Africas experience in piloting a new type of climate finance vehicle can inform debates about how to fund a just transition from fossil fuels to renewable energy. Two years ago at COP26, South Africa piloted the...

Climate Change Series

We're in an El Niño – so why has Australia been so wet?

Dec 05, 2023 09:20 am UTC| Nature

After three La Niña summers many of us would have been expecting much hotter and drier conditions this spring and summer after the arrival of El Niño. Instead, in many parts of eastern Australia its rained...

Climate Change Series

COP28: with a ‘loss and damage’ fund in place, protecting climate refugees is more urgent than ever

Dec 05, 2023 05:36 am UTC| Insights & Views

It has taken decades, but the complex and increasingly urgent issue of climate mobility has gradually become central to international climate negotiations. At the COP28 summit currently taking place in Dubai, there are...

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Economy

Samsung Strike Talks Resume as South Korea Weighs Emergency Action

South Korea is considering all available measures, including emergency arbitration, to prevent a potential labor strike at Samsung Electronics, according to Prime Minister Kim Min-seok. The government is aiming to minimize...

Australia Capital Gains Tax Reform Sparks Housing Market Debate

Australian Treasurer Jim Chalmers has strongly defended the federal governments proposed overhaul of capital gains tax laws, arguing that major reform is necessary to address Australias worsening housing affordability...

Oil Prices Surge Above $109 as Strait of Hormuz Crisis and U.S.-Iran Tensions Escalate

Global oil prices soared Friday, posting strong weekly gains as tensions between the United States and Iran continued to intensify and the Strait of Hormuz remained effectively closed, fueling fears of a prolonged global...

Gold Prices Post Worst Weekly Drop Since March as Strong Dollar and Fed Rate Hike Bets Pressure Metals

Gold prices tumbled sharply on Friday, recording their biggest weekly decline since mid-March as a stronger U.S. dollar and growing expectations of Federal Reserve rate hikes weighed heavily on the precious metals market....

Powell Named Fed Chair Pro Tempore as Trump Prepares to Install Kevin Warsh

The Federal Reserve Board announced Friday that Jerome Powell will serve as chair pro tempore until Kevin Warsh is officially sworn in as the next leader of the U.S. central bank. The move comes as President Donald Trump...

Politics

Colombia Election Violence: Two Campaign Workers for Abelardo De La Espriella Killed Ahead of Presidential Vote

Political violence in Colombia has intensified after two campaign workers supporting right-wing presidential candidate Abelardo De La Espriella were killed just weeks before the countrys 2026 presidential election. The...

Alex Saab Deported to U.S. as Maduro Investigation Deepens

Venezuelan official Alex Saab, a close ally of former President Nicolas Maduro, has reportedly been deported to the United States, according to Venezuelas migration agency SAIME. The move marks another major development in...

Taiwan Says U.S. Arms Sales Remain Key to Regional Stability

Taiwan reaffirmed on Saturday that U.S. arms sales remain vital to maintaining peace and stability in the Asia-Pacific region after President Donald Trump said he had not yet decided whether to approve a new weapons...

Amazon Faces Class-Action Lawsuit Over Trump Tariff Price Hikes

Amazon.com Inc. (NASDAQ: AMZN) is facing a proposed class-action lawsuit after consumers accused the company of inflating product prices due to tariffs later ruled unlawful by the U.S. Supreme Court. The case, filed in...

Alberta Separatist Movement Faces Major Legal Setback Ahead of Referendum Push

Albertas separatist movement has suffered a significant blow after a provincial court ruled against a petition campaign seeking a referendum on Alberta independence from Canada. The decision creates new uncertainty for...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Samsung Union Talks Enter Final Stage as Strike Threat Looms

Samsung Electronics and its largest labor union are set to resume critical wage negotiations on Monday as both sides race to prevent a major strike that could disrupt South Koreas economy and global semiconductor supply...

SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO

A majority of SpaceX shareholders have reportedly approved a 5-for-1 stock split proposed by the companys board, according to a Bloomberg News report published Friday. The decision comes as interest continues to grow...

FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices

Arm Holdings Plc (NASDAQ: ARM) is reportedly under formal investigation by the U.S. Federal Trade Commission (FTC) over concerns tied to its semiconductor licensing business, according to Bloomberg. The probe marks a...

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...
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