This year, everything from scorching heat to fires, floods, tornadoes and hail storms driven by climate change have disrupted the plans of travelers around the world. A summer getaway remains a powerful desire, but it’s at a tipping point.
Category: Disasters and Emergencies
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Anger in China Over Flooding of Towns, in Part, to Save Beijing
A provincial leader set off an outcry by urging cities to serve as a “moat” for the capital, as diverted floodwaters sent scores of residents fleeing.
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Canada Offers Lesson in the Economic Toll of Climate Change
Wildfires are hurting many industries and could strain households across Canada, one of many countries reckoning with the impact of extreme weather.
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Stress Tests Show Largest Banks Are Sturdy, Fed Says
The Federal Reserve tested banks’ ability to endure a real estate crash, high unemployment and trading turmoil.
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‘Broken Spectre’: The Terrible Beauty of Richard Mosse’s Portrait of the Amazon
The artist wanted to photograph orchids but ended up making “Broken Spectre,” a film about the destruction of the rainforest — his most powerful work yet.
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A $1 Trillion Borrowing Binge Looms After Debt Limit Standoff
The government has avoided default, but the effects of the debt-ceiling brinkmanship may still ripple across the economy.
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Backup Power: A Growing Need, if You Can Afford It
Extreme weather linked to climate change is causing more blackouts. But generators and batteries are still out of reach of many.
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The Hidden Cost of Rebuilding After a Flood
While government aid and organizations can ease the burden of major losses, disaster victims are burdened by small expenses to rebuild their lives.
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Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan
The New York Times – Business:The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
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Biden Warns That Climate Change Could Upend Federal Spending Programs
The New York Times – Business:A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures, and the government’s role in adapting to them.
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The Ohio Train Derailment: A Timeline
The New York Times – Business:The Feb. 3 derailment in East Palestine of a Norfolk Southern train carrying toxic chemicals set off an emergency response as residents worried about long-term health effects.