apnews.com - By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ - March 13, 2023
U.S. regulators worked through the weekend to find a buyer for the bank, which had more than $200 billion in assets and catered to tech startups, venture capital firms, and well-paid technology workers.
As the fallout of the collapse of Silicon Valley Bank continued to spread over the weekend, it became clear that some of the worst casualties were companies developing solutions for the climate crisis.
The bank, the largest to fail since 2008, worked with more than 1,550 technology firms that are creating solar, hydrogen and battery storage projects. According to its website, the bank issued them billions in loans.
David Beasley, the head of the World Food Programme, talked to TIME about why he is worried about 2023.
time.com - by BELINDA LUSCOMBE - JANUARY 12, 2023
. . war, conflict, corruption and destabilization . . . all barriers against sufficient food resources for everyone . . . man-made conflict and climate shocks, followed by COVID . . . then Ethiopia, Afghanistan and Ukraine . . . millions of people marching to starvation . . . If you want to know which countries over the next 12 to 18 months could have destabilization and mass migration, start with the 49 knocking on famine’s door right now . . . mass migration due to starvation caused by climate change will cost 1,000 times more than a well-planned resilience program . .
... While some people avoided seeking medical care during the worst of the pandemic, worried about the risk of infection or unable to get an appointment because hospitals and doctors were overwhelmed, now many are finding that inflation and the uncertain economy have thrown up another barrier.
The public health and economic effects of COVID-19 on tribal nations have been especially severe. To help tribes recover, Congress's pandemic relief funding has included at least $43.6 billion to support new and existing programs that tribes could use to address their unique needs.
Recent Comments