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Warming climate intensifies flash droughts worldwide—study defines and tracks critical measures of drought severity

Sudden, severe dry spells known as flash droughts are rising in intensity around the world, with a notable exception in mountainous Central Asia, where flash drought extent is shrinking, according to new research published in Geophysical Research Letters. Heat and changes to precipitation patterns caused by a warming climate are driving these trends, the study found.
United States South Africa Maheshwari Neelam Geophysical Research Letters Marshall Space Flight Center Universities Space Research Association
Source: phys.org

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Famous Brands reports bump in revenue, while profits decline for 2024 financial year

Branded food services franchisor Famous Brands has reported an 8% increase in revenue to R8-billion for the financial year ended February 29, although a 6% decrease in profit to R812-million and a 1.5% profit margin contraction from 11.6% to 10.1% dampened results. Despite the group’s carefully managed cost base, the operating profit margins were negatively impacted on by input cost pressures and increases in overheads, namely electricity, water, diesel, repairs, maintenance and employee c...
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