Keir Starmer's faith in either the 'special relationship' or his ability to 'manage' the UK's relationship with the Tangerine Tyrant is likely to be shown to built on sand as Trump is now threatening to withdraw the USA from the trade 'agreement' over the UK's lack of support in the Middle East.

This is hardly a surprise & actually the UK might be better outside that arrangement in any case, provided its a prompt to get serious about a rapprochement with the EU!?

#politics #economics
h/t FT

“[Researchers] find that…storms that pass through a marine heatwave during their rapid intensification cause 93% higher economic damages than storms that do not.”

carbonbrief.org/marine-heatwav…

#Ocean #ExtremeWeather #ClimateCrisis #Climate #ClimateScience #Science #Economics

Marine heatwaves ‘nearly double’ the economic damage caused by tropical cyclones - Carbon Brief

Tropical cyclones that rapidly intensify when passing over marine heatwaves can become “supercharged”, increasing the likelihood of high economic losses

^{Giuliana Viglione (Carbon Brief)}

I had managed to miss this magnificent essay from @pluralistic . His main point: what's obnoxious about #AI is not the technology, but the economics. For example, I can easily imagine a world in which LLMs are deployed benevolently by not-for-profit actors of the social and solidarity economy. But AI plus capitalism... ugh.

"AI companies will fail. We can salvage something from the wreckage"
theguardian.com/us-news/ng-int…

#economics

AI companies will fail. We can salvage something from the wreckage

AI is asbestos in the walls of our tech society, stuffed there by monopolists run amok. A serious fight against it must strike at its roots

^{Cory Doctorow (The Guardian)}

A good man is hard to find.

#economics #sharedeconomy

We really do not have our priorities in order, if we cannot even get #aspirin to the people, who need it, if we put lives at risk, because it is about money and not about humans... #healthcare #drugs #economy #economics #capitalism #democracy

bbc.co.uk/news/articles/c5ylgv…

Coventry man fears stroke or heart attack due to aspirin shortage

David Slater, 72, says ministers need to step up and sort out issues with the medication.

^{Josh Sandiford (BBC News)}

@economics_that_works

4 min

Reusable glass bottles are being considered by dairy farmers in Australia because the plastic supply chain disruption.

This brings up a good point. How many other bits of plastic packaging is now economically unfeasible because of the war?

Zooming out a little bit, the farmer also mentions that the energy and the fertilizer he needs to grow the grass to feed his herd is also disappearing

youtu.be/Mt2LEK53U_A

#economics