- A + A Malaysia’s Worst Flooding in Decades and Recent Raging Storms In late 2021 and up to May 2022 Malaysians had received weather alerts from the Malaysian Meteorological Department (MetMalaysia) of storm and floods hitting the nation on a number of occasions. On May 15, 2022 the sudden surge of water and soil from a stream as a result of heavy rainfall had swept away two hikers, part of a group of 29 hikers, who were hiking along a trail on the hill at Gunung Suku in Simpang Pulai in Perak. In the following days, the Search and Rescue Team (S&R Team) found two body parts, believed to be from the victims. Perak Forestry Department Director Datuk Mohamed Zain Yusop had remarked that the Department will temporarily stop issuing any permits to enter the forest reserve due to the dangerous situation arising from present heavy downpour and thunderstorms. On May 11, 2022, heavy rain caused the nearby river to rise rapidly and triggered flash floods in several … [Read more...] about The urgent case for climate crisis mitigation in the National Recovery Plan
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Share to Twitter Share to Linkedin Topline As rising cases in Shanghai threaten further lockdowns in the region, experts are warning China's pandemic crackdown measures this spring could be the latest headwind for the U.S. economy—fueling rapid inflation that the Federal Reserve is trying to fight by easing its monetary stimulus measures. Key Facts The effects of China's stay-at-home mandates on the U.S. economy should "become apparent" in government data released next month, Bank of America's Aditya Bhave said in a Friday morning note to clients, noting the U.S. will primarily feel the impact through supply-chain disruptions and resulting inflation. Though he doesn't believe the lockdowns will spur a new peak in yearly inflation, Bhave does expect a "short burst of upward pressure" on the prices of goods that could slow the rate at which overall prices cool. "The China lockdowns are yet another headache for the Fed in its fight against … [Read more...] about China Covid Lockdowns Threaten To Fuel U.S. Inflation As Economic Pessimism Grows
Share to Twitter Share to Linkedin Flewber is the latest private jet booking app to proclaim itself the category's Uber or Expedia, boasting it will disrupt the market. The promise is always to change the archaic way private jet charters are booked and sourced. "Flewber offers only real-time pricing directly from operators, ensuring that app users get the price they are quoted for the flight they need," according to its press release. Like the others, it will likely get good coverage. The formula is to hire a PR company and make headline-worthy claims. "The launch of the Flewber app is primed to shake up the industry for the better," said its Founder and CEO Marc Sellouk in the same release, adding, "The Flewber mobile app bridges the gap between travelers and aircraft owners and operators, just as ridesharing platforms have done with riders and cars." With private jet travel seeing record demand , there is heightened interest in the segment, … [Read more...] about Flewber Claims To Be The Uber Of Private Jets. It’s Not.