Climate change is bad for your health. That is the unequivocal finding of The Lancet’s annual “Countdown” report, which was published last week by a team of nearly 100 scientists from 43 institutions around the world. Global warming, the authors write, is not just an environmental disaster, but is also exposing humans to searing heat and extreme weather events; increasing the transmission of infectious diseases; exacerbating food, water and financial insecurity; endangering sustainable development; and worsening global inequality. And, they conclude, the data in this year’s report should represent a “code red for a healthy future.” For the past two years, [...]
United States
The recent report in the Financial Times that China tested a nuclear-capable hypersonic weapon has pundits, members of Congress, and even Chairman of the Joint Chiefs of Staff Gen. Mark Milley worried about a “Sputnik moment.” Given the failure of the United States’ own test of a hypersonic missile last week, it seems to many that a hypersonic missile gap has opened, harming U.S. security. But even if China’s test means it has perfected a new way to deliver a nuclear warhead—a big if—it’s no cause for alarm. A new nuclear delivery system will not meaningfully shift the balance of [...]
A new agreement negotiated under the auspices of the G-20 and the Organization for Economic Cooperation and Development aims to crack down on tax havens by subjecting the world’s largest and most profitable multinational corporations to a minimum corporate tax rate of 15 percent. The deal has been agreed by 136 countries and jurisdictions, collectively representing more than 90 percent of the global economy. The OECD is hoping it will become effective by 2023. Many economists and commentators argue that such a deal is long overdue, given the ability of many gigantic corporations to avoid paying taxes on all or [...]