CNN — More than half of the world’s largest lakes and reservoirs have lost significant amounts of water over the last three decades, according to a new study, which pins the blame largely on climate change and excessive water use. Roughly one-quarter of the world’s population lives in the basin of a drying lake, according […]
Hong Kong CNN — Sea levels on China’s coastline have hit their highest on record for the second year in a row, rising more quickly than the global average and posing a serious threat to coastal cities such as the financial hub of Shanghai. In 2022, China’s coastal sea levels were 94 millimeters (3.7 inch) […]
Inflation is ravaging shoppers’ wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen since the immediate aftermath of World War II. Source link
CNN — When EU lawmakers voted to ban the sale of new combustion engine cars in the bloc by 2035, it was a landmark victory for climate. In February, the European Parliament approved the law. All that was needed was a rubber stamp from the bloc’s political leaders. Then Germany changed its mind. In a […]
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get news about destinations opening and closing, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel developments. CNN — Amsterdam’s Schiphol Airport, one of Europe’s busiest aviation hubs, is to be forced to limit […]
CNN — The world is facing a looming global water crisis that threatens to “spiral out of control” as increased demand for water and the intensifying impacts of the climate crisis put huge pressure on water resources, a UN report has warned. Water use has increased by about 1% a year over the last 40 […]
New York CNN — The Federal Reserve and its chairman, Jerome Powell, are facing a legacy-defining moment as their two-day monetary policy meeting concludes on Wednesday. The mission? Slay the inflation dragon without singeing the banking system. Among the choices, the Fed could continue its aggressive rate-hike campaign to cool inflation that is running at […]
Dubai CNN — Saudi Arabian oil giant Aramco on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year earlier, on higher energy prices, increased volumes sold and improved margins for refined products. The profits follow similar reports in February from international peers BP, Shell, Exxon Mobil and […]
CNN — Nearly 200 countries have agreed to a legally-binding “high seas treaty” to protect marine life in international waters, which cover around half of the planet’s surface, but have long been essentially lawless. The agreement was signed on Saturday evening after two weeks of negotiations at the United Nations headquarters in New York ended […]
New York CNN — For Ukraine, the year since Russia’s invasion has been one of widespread death, destruction and displacement, as millions had their lives changed forever. Americans got off easy by comparison, with most feeling the impact of the war only at the gas pump. But the effect on Americans was far less than […]
