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Category: Environment

India’s drought foretells of greater struggles as climate warms | New Scientist

India is in the grip of a severe drought as a result of two successive weak monsoons and a searing heatwave. Its reservoirs dipped to less than a fifth of their total capacity in May, and a quarter of the country’s 1.1 billion people are estimated to be affected in some way. Reports of parched, cracked soils, farmers’ […]

To Save The Economy, We Have To Break Its One Sacred Rule | Co.Exist | ideas + impact

We tend to take the GDP measure for granted as though it has always existed. Most people don’t know that it was invented only recently. It has a history. During the 1930s, the economists Simon Kuznets and John Maynard Keynes set out to design an economic aggregate that would help policymakers figure out how to […]

Zika afflicts an already weak Brazil

The Zika virus may cancel the Summer Olympic Games, scheduled for August. Dozens of cities across the country have already canceled Carnival celebrations, and the U.S. Olympic Committee has warned athletes and staff to consider skipping the Rio Games. Zika threatens public health, tourism revenue and the country’s prestige. A slowing economy is already inflicting […]

Technology has created more jobs than it has destroyed, says 140 years of data | Business | The Guardian

A study by economists at the consultancy Deloitte seeks to shed new light on the relationship between jobs and the rise of technology by trawling through census data for England and Wales going back to 1871. Their conclusion is unremittingly cheerful: rather than destroying jobs, technology has been a “great job-creating machine”. Findings by Deloitte […]

Too big to fail, and only getting bigger | Oxfam: Politics of Poverty

I’ve been learning a lot about the U.S. financial sector recently and was surprised to realize that the five largest U.S. banks – JP Morgan Chase Bank, Bank of America, Citibank, Wells Fargo Bank, and US Bank – control nearly half of all assets in the U.S. banking sector. For those who have been working […]