Global Cycles News Today

Reply July 16, 2021 MISSOULA – Amidst a record-setting drought across the Pacific Northwest and fires raging in the West, students enrolled in the University of Montanas Climate Change Studies program have a front-row seat to address the effects of a changing climate. Find out whats happening in Missoula with free, real-time updates from Patch. Lets go! The UM Climate Change Studies program was established in 2009, becoming the first interdisciplinary undergraduate degree program in the natio...

Introduction Unexpected shocks may tip countries with elevated fiscal vulnerabilities into default. The literature has emphasized the role of macroeconomic and financial shocks, such as a decline of commodity prices (Reinhart et al., 2016) or banking crises (Baltenau and Erce, 2018) in shaping sovereign risk. However, other types of shocks, such as political events or natural disasters, are equally important. 2 Extreme weather events appear especially salient in light of the key role played by ...