Climate change is already having a major economic and financial impact on the United States and may trigger asset value losses in coming years that could cascade through the U.S. financial system, Treasury Secretary Janet Yellen will warn on Tuesday.
Federal Reserve Chair Janet Yellen
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May
30
2023
The global polycrisis reflects a civilizational crisis that calls for systemic alternatives
By Zack Walsh, Polycrisis Transition Consultancy…A review of emerging definitions of polycrisis within cognate bodies of scientific literature exploring societal...
May
29
2023
Climate shocks are making parts of America uninsurable. It just got worse.
by Christopher Flavelle in The New York Times….The largest insurer in California said it would stop offering new coverage. It’s part of a broader trend of...
May
29
2023
Puerto Rico: A U.S. territory in crisis
by Amelia Cheatham and Diana Roy in Council on Foreign Relations…Puerto Rico is a political paradox: part of the United States but distinct from it, enjoying...
May
26
2023
‘In a lot of the world, the clock has hit midnight’: China is calling in loans to dozens of countries from Pakistan to Kenya
By Bernard Condon, Fortune….Poor countries have been hit with foreign currency shortages, high inflation, spikes in unemployment and widespread hunger before, but...
Apr
20
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Global rice shortage is set to be the biggest in 20 years
There’s a strained supply of rice as a result of the ongoing war in Ukraine, as well as weather woes in rice-producing economies like China and Pakistan.
Apr
12
2023
How free-market extremism became America’s default mode
The book is a follow-up of sorts to the duo’s “Merchants of Doubt,” which pulled back the curtain on those who minimized the harms of tobacco, acid rain, climate change...
Apr
12
2023
A Bigger Boat | Frankly #26
In this Frankly, Nate shares some context about how he thinks about the recent global banking and financial market news.
Mar
16
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The world at a turning point. Will philanthropy rise to the task of the moment? by Briggs Bomba in Alliance Magazine
In a recent statement, the IMF announced that one-third of the world economy is expected to be in recession in 2023, further adding that ‘it would feel like recession...
Feb
21
2023
Global risks report 2023
Some of the risks described in this year’s report are close to a tipping point. This is the moment to act collectively, decisively and with a long-term lens to shape a...
Jan
26
2023
Davos worries about a ‘polycrisis’
Global crises are weighing on the World Economic Forum.Credit…Laurent Gillieron/EPA,