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US military budget: "The world gained from a peace dividend after USSR's decline— that calm is shrinking now...": Kenneth Rogoff

Kenneth Rogoff, former chief economist of the IMF and Maurits C. Boas Chair of International Economics at Harvard University, discusses the record rise in military expenditure worldwide. He argues that military spending is not good for growth or consumption because it is destructive. The US and Europe are facing pressures today due to Ukraine, the Middle East, and potentially Taiwan, but the defense budgets of the West are tuned to a different era. The US has not prepared its people for greater military expenditure, and voters are talking about universal income, increased transfers, more social spending, etc., but realistically, defense spending will need to increase.

Washington , District-of-columbia , United-states , India , China , Berlin , Germany , Ukraine , Russia , Iran , Oslo , Norway

'Heatwaves in India are 30 times more likely now than they'd be without climate change' | India News

Robert Vautard is co-chair of the IPCC’s Working Group I and senior climate scientist at IPSL, Paris.

Paris , France-general- , France , India , Robert-vautardis , Srijana-mitra-das , Xiaoye-zhang , Ipcc , Times-evoke , World-weather-attribution , Paris-agreement , World-weather-attribution-network

From 1992-2013, poor nations lost 8% of their GDP to extreme heat: Justin S. Mankin

How strongly the economy is affected is linked to average climatological temperature — the warmer you are on average, the more an increase in your five hottest days impacts your economic growth.

Srijana-mitra-das , Justins-mankin , Christopher-callahan , Associate-professor ,

Jim Skea: 'With demand changing, peak oil can happen soon. Some Indian steel and cement companies are leading the field in reducing emissions', ET Auto

Jim Skea, chair of the Intergovernmental Panel on Climate Change (IPCC), discussed essential aspects of the energy transition to address global warming with Srijana Mitra Das. He emphasized the IPCC's findings, advocating for a shift to low-carbon energy sources like renewables and nuclear power, alongside increased energy efficiency and electrification, particularly in transport and industry.

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'With demand changing, peak oil can happen soon. Some Indian steel and cement companies are leading the field in reducing emissions'

Jim Skea, chair of the Intergovernmental Panel on Climate Change (IPCC), discussed essential aspects of the energy transition to address global warming with Srijana Mitra Das. He emphasized the IPCC's findings, advocating for a shift to low-carbon energy sources like renewables and nuclear power, alongside increased energy efficiency and electrification, particularly in transport and industry.

Paris , France-general- , France , India , United-kingdom , Scotland , Jim-skea , Srijana-mitra-das , Asian-development-bank , International-energy-agency , Ipcc , World-bank

Each generation has business leaders who address the problems of their age — these issues have grown from colonialism to climate change: Geoffrey G. Jones

A. One of the leading causes of environmental pollution is clothing and textiles — hence, the potential for environmental saving there is fantastic. Ive written about Patagonia, the Californian company, which has done some remarkable things. Socially concerned businesses should apply the following criteria: Is it highly impactful yet? The answer is usually, no, says Geoffrey G. Jones.

China , United-states , California , Californian , Geoffreyg-jones , Srijana-mitra-das , Democratic-party , Isidor-straus-professor , Business-history , Harvard-business , Deeply-responsible-business- ,

'History, war and leaders are not humanity's whole story — gardens are our imaginative delight' | India News

'History, war and leaders are not humanity's whole story — gardens are our imaginative delight' | India News
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People with more financial literacy are less economically fragile — this matters for aggregate shocks from pandemics to climate change: Annamaria Lusardi

Drawing from our data, these are mostly the Nordic countries, Canada and the UK. They have a strong educational system and do well in financial literacy. This does matter — studying microdata across countries, weve found people with greater financial literacy are less economically fragile or more able to face shocks. This is particularly important in an era when we face not just normal distur-bances but shocks at an aggregate level, like the pandemic or climate change, says Annamaria Lusardi.

Italy , Canada , United-kingdom , United-states , Americans , Srijana-mitra-das , Financial-education-committee , Initiative-for-financial-decision , Stanford-university , Economist-annamaria-lusardi , Financial-decision-making , Financial-literacy

'Their culture keeps changing over time — but signalling among animals remains honest'

Stephen Nowicki is professor of biology at Duke University.

New-york , United-states , Duke-university , North-carolina , Sierra-nevada , California , San-francisco , America , Californian , William-searcy , Srijana-mitra-das , Stephen-nowickiis

'Colonialism allotted the pleasure and pain of fossil fuels — US life is soaked in coal and oil' | India News

Robert Johnson is Professor of History at National University, San Diego, California.

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