Extreme heat in Europe smashes all-time records

CNN  —  The year has only just started but already Europe has broken an alarming number of weather records as extreme heat spread across the continent. On New Year’s Day, at least eight European countries recorded their warmest January day ever: Liechtenstein, the Czech Republic, Poland, the Netherlands, Belarus, Lithuania, Denmark and Latvia, according to … Read more

Catastrophe reinsurance set to soar after year of extreme weather, industry warns

Property catastrophe reinsurance premiums are about to soar as some companies have been forced to leave the market after another year of extreme weather, the industry has warned. The market, which pays out for hurricanes and storms, has been hit hard because of rising costs to provide cover, with some groups reducing their exposure. In … Read more

Extreme candidates and positions came back to bite in US midterm elections

A surprisingly nuanced verdict in the midterm elections has delivered at least one important conclusion about the state of the national mood: In battleground states and swing districts across the country, voters voiced their support for moderation. That happened in Nevada’s Senate race, where Catherine Cortez Masto, an unassuming incumbent Democrat occupying one of the … Read more

Crypto Market Drops Back Into Extreme Fear As Crash Continues

Data shows the crypto investor sentiment has once again plunged back into extreme fear, as the crash in the market continues. Crypto Fear And Greed Index Now Points To A State Of “Extreme Fear” The “fear and greed index” is an indicator that measures the general sentiment among investors in the crypto market. The metric … Read more

Extreme heat costs cotton farmers billions

Extreme heat costs cotton farmers billions – CBS News Watch CBS News As the cotton harvest season gets underway across Texas, climate change is threatening the $7 billion industry. Janet Shamlian takes a look at how a bad harvest can ripple through the economy. Be the first to know Get browser notifications for breaking news, … Read more

Drought worsens, with more than half of Nebraska now in extreme drought or worse

Two fires in southern Lancaster County on Oct. 23 burned an estimated 9,000 acres, injured two firefighters and damaged numerous homes and other structures. The rapid spread of the fires were, in part, due to extremely dry conditions. Hickman Voice Drought conditions worsened significantly across Nebraska last week, especially in areas that … Read more

Crypto Market Drops To Extreme Fear As Bitcoin Struggles To Hold $19,000

The crypto market sentiment has been on the decline over the last year and it has come in tandem with the decline in bitcoin price. Bitcoin, which moves the entirety of the crypto market most times, has had a tough go of it in recent times. Now, as the pioneer cryptocurrency continues to struggle to … Read more

Brussels to propose temporary gas price ceiling to curb extreme prices

Brussels is planning to propose an emergency mechanism to curb the price of gas when it reaches extreme levels, as the EU seeks to get a grip on the bloc’s energy crisis. According to a draft European Commission proposal, the EU should be able to set a maximum “dynamic price” at which gas transactions can … Read more