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Share to Twitter Share to Linkedin Topline Four key indicators of climate change reached “alarming” record highs in 2021, the United Nations said on Wednesday, as it warned worsening climate change is poised to exact heavy financial losses, impose huge burdens of death and disease and threaten food and water security. Key Facts Greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification—all key climate change indicators—hit record highs in 2021, according to the World Meteorological Organization (WMO) in its annual “State of the Global Climate” report. The report said the last seven years have been the seven warmest on record. WMO Secretary-General Professor Petteri Taalas said it was “just a matter of time before we see another warmest year on record” and warned that sea level rise, ocean heat and ocean acidification will “continue for hundreds of years” unless humanity develops ways to remove carbon from the … [Read more...] about ‘Alarming’ Climate Records In 2021 Prompt UN Call To Triple Renewable Energy Investment To $4 Trillion

For one small Ukrainian company, conflict has become a key mile marker. Fashion editors Kate Zubarieva, 33, and Asya Varetsa, 31, conceived of the idea for their fashion label, Sleeper , during the 2014 Revolution of Dignity--a five-day clash between protesters and the Ukrainian government in Ukraine's capital, Kyiv, which eventually led to the ousting of the country's president, Viktor Yanukovych. Then, in February 2022, after Russia invaded the country , the Ukrainian company rapidly laid down manufacturing roots in another country. As Russia began planning a military offensive against Ukraine in December 2021, the Sleeper team began to prepare for the worst, and the founders knew they had to make a series of tough decisions. In about two to three weeks, the apparel company helped relocate 30 employees abroad and 40 to more western regions of Ukraine. It also transitioned its production to Turkey. "We knew we had a good amount of savings to sustain the … [Read more...] about No One at the Ukrainian Fashion Brand Thought Russia Would Really Invade, But They’re Glad They Planned for It Anyway

For many investors, retirement planning represents the bulk, or even the sum total, of their investment activity. As of 2020, there were roughly 60 million active 401(k) participants, in addition to former employees and retirees. But while millions of adults in the United States contribute toward retirement, views on retirement investing and all that goes along with it are anything but uniform. Investopedia conducted a online survey of 4,000 U.S. adults to quantify Americans’ understanding of financial literacy on a generational level, from baby boomers down to Generation Z. Below, we explore some of the top findings of this survey as it pertains to retirement investing and planning. Key Takeaways A small majority of U.S. adults expect to retire, with Gen Z the most optimistic about retiring early. Two-thirds of millennials and Gen X adults are planning for retirement, as are 42% of Gen Z members. Younger generations believe that cryptocurrencies will feature … [Read more...] about Multigenerational Survey Shows How Retirement Planning Is Changing

The average price of gasoline nationwide could reach $6 per gallon this summer, far above historic levels and near California’s current prices, an analyst at JPMorgan said Tuesday. “U.S. gasoline prices to break above $6,” Natasha Kaneva, JPMorgan’s head of global oil and commodities research, wrote in a note to investors titled “Cruel Summer,” according to Bloomberg. “Typically, refiners produce more gasoline ahead of the summer road-trip season, building up inventories. But this year, since mid-April, U.S. gasoline inventories have fallen counter seasonally.” The average pump price in California surpassed $6 a gallon on Tuesday, increasing more than 46% year-over-year, and increased again to $6.05 per gallon Wednesday. The increase represented the first time a state’s average gasoline price was $6 a gallon or more. The nationwide price of gas hit $4.57 a gallon on Wednesday, an all-time record, according to AAA data. If Kaneva’s forecast proves true, prices, which have … [Read more...] about US Will Soon See Average Gas Prices Above $6 A Gallon, JPMorgan Says

Share to Twitter Share to Linkedin New data has raised a tantalizing possibility: That for the first time, America's uninsured rate will fall below 10%. (If it hasn't already; the most recently reported data was collected three months ago.) The findings come from the Urban Institute's Health Reform Monitoring Survey , a quarterly survey of non-elderly Americans. And as of March 2015, the Urban Institute's survey found that 10.0% of nonelderly adults were uninsured, down from 17.8% in September 2013, before the Affordable Care Act's insurance exchanges first launched. No major survey has ever found that the uninsured rate in America has hit single digits. However, the uninsured rate is already down to 7.5% in states that have expanded Medicaid under Obamacare, Urban researchers concluded. Of course, Urban's data is just one snapshot of the uninsured in America. Different surveys use different questions and methodologies. Some are thought … [Read more...] about Survey: America’s Uninsured Rate Is Down To 10% – And Falling

The Unmanned Aircraft System Rules, 2021, was notified by the Centre on March 12. Digital Sky, the online platform hosted by the Directorate General of Civil Aviation (DGCA) for various activities related to the management of drones in India, will be fully functional by October 2022, the regulatory body under the Ministry of Civil Aviation said. While addressing the National Conference on Promotion of Kisan Drones: Issues, Challenges and Way Forward, DGCA Assistant Director Manish Gupta said that Set 2 of Phase 2 of Digital Sky which includes features such as applying for a remote pilot certificate, application for starting Remote Pilot Training Organisation, pilot certificate, and flight plan submission will be enabled by July this year. Gupta added that Set 3 of Phase 2, which has features such as Situational Awareness enhancements, beyond the visual line of sight (BVLOS) operations, suspension or cancellation or revocation of permissions, and compliance to Drone Rules … [Read more...] about Drone operations | Digital Sky platform to be fully functional by October, says DGCA

Black box data on crashed China Eastern 737 suggests possible “intentional nosedive” Investigators are now examining further if the crash of China Eastern Airlines 737-800 on March 21 was indeed due to “intentional action on the flight deck”. The early reports say that there is, so far, no evidence of a technical malfunction. The Wall Street Journal reported this week that flight data from one of the two “black boxes” on the Boeing jet indicated that “someone in the cockpit intentionally crashed the plane”. The comments were made by people the WSJ cited as “familiar with the preliminary assessment by US officials”. US National Transportation Safety Board officials have been working with engineers from Boeing and investigators from the Civil Aviation Administration of China since the crash. Boeing, the US manufacturer of the jet, has so far declined to comment on the early leaks and, instead, referred all questions to the Chinese regulators. At this stage, the CAAC, … [Read more...] about Thailand News Today | Crashed China eastern flight possible “intentional nosedive”

By The Associated Press WASHINGTON — A senior defense official says U.S. Pentagon officials are having discussions with Sweden and Finland on their security needs to deter Russia as both move toward NATO membership. The official said Defense Secretary Lloyd Austin met with Swedish Defense Minister Peter Hultqvist on Wednesday and spoke about the interim period between when the NATO application is formally made and when it is approved. There have been concerns about threats from Russia during that period, in which Sweden and Finland would not formally be covered by NATO’s Article 5 which says that an attack against one member is an attack against all and calls for collective defense. The defense official spoke on condition of anonymity to discuss private Pentagon discussions. – AP writer Lolita Baldor in Washington contributed to this report. __ KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR: — Interrogation, uncertainty for surrendering Mariupol troops — NATO … [Read more...] about Live updates | Official: US in talks with Sweden, Finland

- A + A (May 18): Gautam Adani and Mukesh Ambani are profiting from a surge in global commodity prices triggered by Russia’s invasion of Ukraine, burnishing their fossil-fuel credentials even as Asia’s richest men publicly push their pivots toward greener energy. With coal prices skyrocketing to a record, Adani’s conglomerate is expanding a controversial mine in Australia to meet demand. Ambani’s Reliance Industries Ltd is snapping up distressed crude-oil cargoes at discounts to feed its refining complex, the biggest in the world. Reliance even deferred a scheduled maintenance of the facility to help churn out more diesel and gasoline, whose margins have shot up to touch a three-year high. The two Indian tycoons are stepping in at a time when many developed countries are scrambling for alternative sources of fuels as they try to back away from Russian supplies. This month, the Group of Seven most-industrialized nations pledged to ban imports of Russian oil. The … [Read more...] about Asia’s two richest men reap windfall from surging oil, coal

Representative image. While claiming that “drone technology poses a significant threat to governments…”, the Parliamentary Standing Committee on Home Affairs urged the Ministry of Home Affairs to create a pool of anti-drone technology and let all States and Union Territories access it. The committee also sought and received information from several States, including West Bengal and Punjab, regarding the steps taken to deal with drone attacks. These recommendations and inquiries are part of the committee's 237th report on Police — Training, Modernisation and Reforms, released in February 2022. They come at a time when the Indian government has been trying to give the sector a boost through its Drone Rules – 2021, and the more recent PLI Scheme for Drones . In addition, there has also been a growing impetus for the use of drones in varied industries, including agriculture and health (medicine delivery). “The Committee... recommends that the MHA may take up with concerned … [Read more...] about Parliamentary panel terms drone ‘misuse’ a significant threat, asks MHA to create anti-drone tech