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Is it the birdflu becoming resistance Tamiflu? No. Bernanke warning about long term budget decicits? No. It was mention about a wheat disease spreading somewhere around Easten Africa and Arabian peninsula.
If this one spreads with the winds, it could affect the wheat production from Morocco to India, threatening potentially 25% of the worlds wheat production. And considering that the global wheat stocks are already record low, this situation could only be described as ‘fatal’.
The Fed expressed it’s concern over the Government budget deficit, warning that the easening in recent years in only temporary and if no adjustments are done now to the medicare system, the adjustments made later will need to be more severe.
It is assumed that Read the rest of this entry »
I’ve been pretty down for the last couple of months. In that time I have re-evaluated the topics I follow, and found that climate change is becoming difficult to monitor – not because of lack of information, but because of the flood. This is to say that while it is today’s actuality, it is yesterday’s news. There’s is not much point following phenomenon making its way to the mainstream media.
What then are todays news topics? The various resource crisis. The oil energy crisis being the least interesting one, for the reason above. The gravity of that (as the climate change) is however underestimated. The global scope of water crisis is ill-understood as is the forthcoming food crisis, which might be the most prominent of all. They desreve some monitoring. The danger of worst financial brakedown ever is also there. As are some of the social. I think I will also give space to some religious issues.
Lets’s take a look.
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