US economists win Nobel prize for work on climate and growth

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William Nordhaus and Paul Romer honoured over two of most basic and pressing issues Two American economists at the forefront of work on climate change and the role of governments in boosting growth have been jointly awarded the prestigious Nobel Memorial prize for economics. The Royal Swedish Academy of Sciences said William Nordhaus and Paul […]

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‘We’ve bred them to their limit’: death rates surge for female pigs in the US

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With sows producing 23 piglets a year on average, intensive farming is called into question over rise in animals suffering prolapse Death rates for female pigs in the US are rising fast, sending alarm bells ringing throughout the farming industry. The mortality rate rose from as many as 25%-50% of sow deaths. The American Association […]

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We Know Exactly How to Stop WildfiresWith Money

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Wild lands are practically worthless. They’re not worthless to the things that live in them, of course. They love ‘em. And they aren’t worthless aesthetically, if that’s your bag. Any place with plants slurps up carbon dioxide, providing a bulwark against climate change. And they probably have value as a matter of public health; some […]

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Ireland becomes world’s first country to divest from fossil fuels

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Bill passed by parliament means more than 300m shares in coal, oil, peat and gas will be sold as soon as practicable The Republic of Ireland will become the worlds first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament. […]

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China Just Handed the World a 111-Million-Ton Trash Problem

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Few people consider used plastic to be a valuable global commodity. Yet China has imported 106 million tons of old bags, bottles, wrappers and containers worth $57.6 billion since 1992, the first year it disclosed data. So when the country announced last year that it finally had enough of everybody else's junk, governments the world over knew they had a […]

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Starbucks Pumps the Brakes in Its Home Market

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Americans' long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. The cafe chain Source: Company data, Bloomberg Note: Data is for fiscal quarters Although business abroad has […]

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Trump and Kim Can Learn a Thing or Two From Singapore

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U.S. President Donald Trump and North Korean leader Kim Jong Un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation, with a per capita income of bonuses attached that can double that sum […]

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