Lack of water, floods, or crop losses: As a result of climate change, pronounced periods of drought and rainfall are causing human suffering and major economic damage. Precise seasonal forecasts can help to mitigate these consequences. A research team from Karlsruhe Institute of Technology (KIT) has now been able to improve global forecasts using statistical methods so that they can be used on the regional level. Publication in Earth System Science Data and Scientific Reports.
Governments should step up their efforts to tackle harmful alcohol consumption
Newsroom
19/05/2021 - Investing in policies to reduce harmful alcohol consumption would save millions of lives. The economic benefits of putting them in place would also be much higher than the costs, according to a new OECD report.
Preventing Harmful Alcohol Use estimates that for every USD 1 invested, up to USD 16 is returned in economic benefit, excluding the impact on alcohol-related businesses.
Analysis of 52 OECD, European Union and Group of 20 (G20) countries show that life expectancy will be 0.9 years lower over the next 30 years due to diseases and injuries caused by drinking more than 1 drink per day for women and 1.5 drinks per day for men, corresponding to a lower-risk threshold specifically used for the simulation. This estimate varies widely across countries, which reflects the level of alcohol consumption and the provision of health care services. The largest reductions in lif
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Seqirus Presents New Phase 3 Clinical Data Supporting Use of Cell-Based Seasonal Influenza Vaccine in Children Six Months Through
Economic benefits of India’s commodity derivatives market
The Multi Commodity Exchange of India Limited (MCX),
(MCX)Premium
Share Via
Read Full Story
The existence of a vibrant commodity derivatives market in a developing country like India is beneficial for multiple stakeholders in the economy – from farmers and traders to end-consumers. Directly, commodity futures and options help farmers and other producers to ‘lock in’ the prices of their future output or inputs, therefore, helping to hedge against the volatility in these prices. This provides a very effective and cheap ‘proofing’ of future incomes against volatility in commodity prices. Indirectly, exchange-traded derivatives help stakeholders by discovering and disseminating prices of commodities, thus enabling farmers take informed decisions on sowing, warehousing, timing of sales, etc.