Professor Steve Keen and others warn that record heatwaves, floods, fires and intensifying storms halt commerce, damage crops, create uninsurable areas, and impair infrastructure. Pension funds rely too heavily on sanguine consultant forecasts and underestimate the financial impact of climate change on their portfolios
Climate Crisis
Fortune: Drought has sent a Rhine River chokepoint to a historic low for this time of year and threatens shipping of critical fuel supplies
Water levels at a chokepoint on the Rhine have fallen to a seasonal low, hampering shipments of diesel inland from Europe’s oil-trading hub. Europe’s busiest commercial waterway is being closely watched after dryness last summer […]
Finance
Cedric Durand – After AI
Analysis of the AI boom. In New Left Review’s ‘Sidecar’. Read the article HERE.
EU politics
ibna: Large increase in asylum applications in Germany by Turkish citizens
This is a typical example how Angela Merkel`s hubris has created an ever increasing spiral of crisis. While she forced the EU to give billions of Euros to Erdogan and supported him in elections to […]
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