In May 2019, for the second time in three months, Central U.S. is hammered by record-breaking floods. Those floods are impacting Oklahoma, Arkansas, Missouri, Illinois, Nebraska and Iowa (Susannah Cullinane, Hollie Silvermane, Sheena Jones, “Central US reels from week of deadly weather”, CNN, May 26, 2019). In Van Buren, Arkansas, the Arkansas River level reached […]
Between 14 and 20 March 2019, a historically powerful “bomb cyclone”, combined with snowmelt devastated Colorado and the Central United States, especially the Midwest “farmbelt” of Iowa and Nebraska, South Dakota and Kansas. Consequently, it triggered immense floods, which wrecked more than a million of acres (405000 hectares). These floods have immediate direct consequences, because […]
In February 2019, during the Saudi Arabia-China economic forum, the two countries signed for more than 28 billion dollars deals (“Saudi-Chinese Investment Forum Signs 35 Deals During Crown Prince’s Beijing Visit”, Ashark Al Awsat, 22 February, 2019). These gigantic deals are part of the growing Saudi-China relationship. They are the economic and political continuation of […]
A cavity 1000 feet tall (1600 metres), and as large as two thirds of Manhattan has been found inside the Antarctic Thwaites glacier (Sarah Sloat, “An Enormous Cavity Inside an Antarctic Glacier Harbors a Dangerous Threat », Inverse Daily, February 1, 2019). It has been created in three year by inside warming and melting. This shows […]
Since 2017, quantum information and technology science (QIS), and especially quantum computing, are quickly emerging as central in Hollywood and its movies, TV series and novels. Their scenarii emphasise the link between quantum power and national security situations. Hollywood and the U.S Strategic Debate This is a crucial indication, considering that the relation between the […]
On 3 December 2018, i.e. two days before the opening of the 2018 UN Climate Change Conference – its 24th meeting (COP 24), in Katowice, at the very heart of Poland coal country, Jair Bolsonaro, the new president of Brazil, announced that his country would not organize the following round of negotiations, i.e the COP […]
The warming Arctic is the stage of an ongoing maritime, geopolitical and geo-economic revolution.
For example, end of August 2018, the Danish Maersk Company, one of the major ship owners in the world and the world’s largest container shipping company by both fleet size and cargo capacity, sent a first container ship using this route, in order to test its commercial use. The ship went from Vladivostok to Saint Petersburg, through the Bering Strait, following the northern coast of Siberia (Tom Embury-Morris, “Container Ship Crosses Arctic Route for First Time in History Due to Melting Sea Ice”, The Independent, 18 September, 2018).
Since 2013, each year, the number the number of Chinese cargo convoys using the Russian Northern Sea Route, also known as the North East passage, increases thanks to the rapid warming of the region, which transforms
This is an update of the 17 September 2018 release of this article analysing the economic costs of climate change on the U.S. economy in 2018. This update integrates the consequences, and especially the costs, of the super hurricane “Michael”, which hammered the Florida panhandle, then Georgia, North Carolina and Virginia, between the 10 and the 14 of October 2018 (Camilla Domonoske, “Michael Will Costs Insurers Billions, but Won’t Overwhelm the Industry, Analysts Say”, NPR, October 14, 2018).
“Michael” took over from “Florence”, the monster storm that hit and battered the U.S. East Coast on 12 September 2018. It looks like a new climate-related disaster “peak”. It could announce a transition towards possibly worse, considering the last 12 months of climate hellish conditions.
Thus, a major question arises: is climate change becoming a major risk for the U.S. economy? If yes, how should economic actors react (Jean-Michel Valantin, “Climate Change: The Long Planetary Bombing”, The Red (Team) Analysis Society, September 18, 2017)?
On 24 September 2018, the U.S. Secretary of Commerce imposed new tariffs on 200 billion dollars worth of Chinese goods, thus widely escalating the “trade war” initiated by president Donald Trump against China in April 2018. Beijing immediately retaliated with tariffs on 60 billions worth of American goods (Will Martin, “China Hits Back at Trump […]