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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

European Stocks Edge Higher as Bond Yields Ease

European stocks moved modestly higher on Thursday, attempting to recover from a sharp weekly sell-off as easing global bond yields and cautious Federal Reserve commentary provided some relief to risk assets. The...

India Services PMI Rises to 54.1 as Hiring Accelerates

Indias services sector expanded at a slightly faster pace in August, although weak growth in new business kept activity close to its lowest levels in more than four years, according to a private-sector survey. The HSBC...

China Services PMI Beats Forecasts as Domestic Demand Improves

Chinas services sector expanded at a faster pace in August, as stronger business activity, rising new orders and continued employment growth pointed to a modest improvement in domestic demand. The RatingDog Services PMI...

Australia Trade Surplus Beats Forecasts in July as Exports Fall

Australias trade surplus exceeded market expectations in July, although it narrowed from the previous month as exports declined faster than imports, according to data released Thursday by the Australian Bureau of...

Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets

Asian currencies strengthened against the U.S. dollar on Thursday, led by a sharp rally in the Japanese yen as traders increased bets on a Bank of Japan rate hike and remained alert to possible currency intervention....

Politics

Lula Runs Cautious Brazil Election Campaign as Bolsonaro Narrows Poll Gap

Brazilian President Luiz Inacio Lula da Silva is taking an unusually cautious approach to his re-election campaign ahead of Brazils October election, as right-wing Senator Flavio Bolsonaro closes the gap in opinion polls....

Texas Republicans Turn Against AI Data Centers as Election Backlash Grows

Texas Republicans are increasingly pushing for tougher AI data center regulations, highlighting a growing divide within the party as local opposition becomes a major issue ahead of the November elections. Texas Governor...

Pacific Islands Forum Seeks Unified Condemnation of China Missile Test

Pacific Islands Forum chair Surangel Whipps Jr. said Thursday he hopes the 18-member regional bloc can reach consensus on condemning Chinas recent ballistic missile test in the Pacific, as tensions between Beijing and...

Iran War Civilian Toll Rises After U.S. Strikes Hit Wedding

The renewed escalation of the Iran war has intensified concerns over civilian casualties after Iranian officials said 18 people were killed in the latest U.S. strikes, including four at a wedding near the Strait of Hormuz....

Maduro Seeks Dismissal of US Drug Trafficking Charges

Ousted Venezuelan President Nicolas Maduro has asked a U.S. federal judge to dismiss drug trafficking charges against him, arguing that he is protected from prosecution by head-of-state immunity. Maduros lawyer, Barry...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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...

Technology

Deutsche Telekom Shares Rise as Elliott Pushes Against T-Mobile Merger

Deutsche Telekom shares climbed on Thursday after reports that activist investor Elliott Investment Management had accumulated a significant stake in the German telecom giant and was pushing the company to reconsider a...

Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada

A Thomson Reuters unit has disclosed a cybersecurity incident involving its C-Track court case management platform, affecting court systems across 11 U.S. states, the U.S. Virgin Islands and Canada. The company detected...

ByteDance Secures $29.6 Billion Loan to Boost AI Investment

ByteDance, the Chinese technology giant behind TikTok, has secured a $29.6 billion loan as it ramps up spending on artificial intelligence and data center infrastructure, Bloomberg reported Thursday, citing people familiar...

Microsoft to Reveal Azure Revenue in Major Reporting Shake-Up

Microsoft Corporation (NASDAQ: MSFT) plans to begin reporting standalone quarterly revenue for its Azure cloud business, giving investors greater visibility into one of the technology giants fastest-growing operations. The...

MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations

MongoDB (NASDAQ: MDB) shares plunged more than 14% in premarket trading Wednesday despite stronger-than-expected fiscal second-quarter 2027 results, as investors focused on the lack of growth acceleration in the companys...
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