Do We Face a Global Food Disaster? | New Eastern Outlook

do-we-face-a-global-food-disaster?-|-new-eastern-outlook

31-05-19 02:18:00,

1025794068

No, this is not at all an endorsement of the apocalyptic scenarios of AOC or that famous young Swedish climate expert, Greta. It is, however, a look at unusual weather disasters in several key growing regions from the USA to Australia, the Philippines and beyond that could dramatically affect food availability and prices in the coming year. That in turn could have major political implications depending on how the rest of the growing season develops.

USA Midwest Waterlogged

According to the latest May 20 report of the National Agricultural Statistics Service (NASS) of the US Department of Agriculture, corn and soybean crops are well behind the planting growth levels normal this time of the planting season. They report that only 49% of all planned corn acreage in the US has been planted compared with 78% at this time a year ago. Of that only 19% has yet emerged from the ground compared to 47% in May 2018. In terms of soybeans, barely 19% of crops have yet been planted compared with 53% a year before. Rice acreage planted is down to 73% compared to 92% a year ago in the six US rice-growing states. Of course, should weather dramatically improve the final harvest numbers could improve. It is simply too early to predict.

The USA is by a wide margin the world largest soybean producer with 34 percent of the world’s soybean production and 42% of world exports prior to the China trade battles. The US is also the world largest corn or maize producer, almost double China, the number two. A serious harvest failure in these two crops could significantly affect world food prices, leaving aside the unfortunate fact that almost all US soybeans and corn are GMO crops. They are mainly used in animal feed.

A major factor in the disruption of the US Midwest growing season is the fact that the past 12 months have seen the greatest precipitation levels since the US Government began keeping statistics in 1895, according to the US NOAA National Centers for Environmental Information. Record snowfall followed by abnormally heavy rains are the reason.

Noteworthy is the fact that a strong Pacific El Niño was in play during 2015-16 and a new El Niño has been confirmed this past winter,

 » Lees verder

“You’re A Disaster, An Embarrassment To Your Parents” – CEO Rages At Goldman Analyst During Earnings Call

“You’re A Disaster, An Embarrassment To Your Parents” – CEO Rages At Goldman Analyst During Earnings Call

20-10-18 08:58:00,

And you thought Elon Musk lost it…

During the earnings call this morning, Cleveland-Cliffs CEO Lourenco Goncalves, 60, unleashed a torrent of abuse at a Goldman Sachs analyst (as well as short-sellers) threatening to

The call did not end well:

“…before you call the next question, is there a guy named Matthew Korn waiting in line to ask a question.

He is – he calls himself an analyst and he works for Goldman Sachs.

Matthew Korn, if you are in the call, it is still 10:42, why you don’t ask a freaking question. I will be happy to answer.”

And after answering a few questions – amid a call that was calm and orderly – Goncalves went full Musk…

“…some of the analysts that can’t read numbers…

It’s unbelievable that this big bank still employs this type of people, you guys should resign for your lack of knowledge of things, because it’s not like you don’t understand… you are one of the best, it’s not like you don’t understand our business, you don’t understand, you don’t understand your own business.

You are a disaster. You are an embarrassment to your parents. With this being said, we are going to use money to reward the long-term shareholders.”

Listen to Cleveland-Cliffs CEO berate analysts on conference call from CNBC.

Goncalves then switched to attacking the shorts:

“So if the stock continues to go down, based on these kids that play with computers and somebody else’s money, we are going to buy back stock.

We are going to screw these guys so badly that I don’t believe that they will be able to only resign. They will have to commit suicide. So we are going to screw these guys so badly that it will be fun to watch. That will be my first priority other than the two top priorities of finishing HBI and paying down debt.

You are messing with a wrong guy. That’s my message to you. I’m going to do with you exactly what I have been doing in Nashwauk for a while. So you’re going to be the next in line.

 » Lees verder

Do You Live in a Chemical Disaster Danger Zone?

Do You Live in a Chemical Disaster Danger Zone?

19-10-18 02:36:00,

Politics & Elections

The Terrible Trump Portrait That Explains Everything

Prisons & Policing

Illinois Prisons Sued for Unconstitutional Ban on LGBTQ Literature

Politics & Elections

The Proud Boys Have Revived Far-Right Gang Terror With GOP Support

Politics & Elections

Trump’s Post-Midterm Plans: Cut Medicare, Social Security, Medicaid

Politics & Elections

Moving Toward Plutocracy: Bill Moyers Talks to Ben Fountain About the Trump Age

War & Peace

This 2019 Peace Calendar Reminds Us That We Are Not Alone

A new online map shows that 124 million Americans live, work, and play under constant threat from chemical facilities — which, at any time, could release toxic gas or explode. The map, released by the Environmental Justice Health Alliance, Coming Clean, and the Campaign for Healthier Solutions, found that nearly 40 percent of Americans live within just three miles of a facility that stores or manufactures large amounts of toxic gas or explosive materials — like large refineries, chemical manufacturing plants, and even water treatment facilities, which handle large volumes of chlorine gas. In the event of an accident, some of these facilities could harm people as far as 25 miles away.

The danger of these facilities is real. In 2013, in West, TX, for example, a small fire inside a fertilizer plant resulted in a catastrophic explosion — destroying over 150 buildings, killing 15 people and injuring another 160. The event changed the town forever — and it could have been much worse. West Middle School was one of the dozens of buildings leveled by the explosion. Fortunately, school was not in session at the time — but if students had been at their desks the result may have been unspeakable.

Today, there are more than 12,000 similarly dangerous facilities scattered across the nation. Roughly 45 percent of all schools in the US are located within three miles of these locations. That means 24 million children attend schools situated within a chemical disaster-danger zone. Some 11,000 hospitals and nursing homes are also within three miles of hazardous chemical facilities and, when disaster strikes, these facilities will be extremely difficult to evacuate.

 » Lees verder

The Greek Disaster: State Inertia and the Market Economy

The Greek Disaster: State Inertia and the Market Economy

02-08-18 09:15:00,

According to breaking news, RT is reporting that the US will be sanctioning Turkish officials over the detention of an American pastor. The officials targeted under the so-called Global Magnitsky Act are Turkish Justice Minister Abdulhamit Gül and Turkish Interior Minister Süleyman Soylu, White House press secretary Sarah Huckabee Sanders told reporters.

The United States will impose large sanctions on Turkey for their long time detainment of Pastor Andrew Brunson, a great Christian, family man and wonderful human being. He is suffering greatly. This innocent man of faith should be released immediately!

— Donald J. Trump (@realDonaldTrump) July 26, 2018

Via RT

The US Treasury is imposing sanctions against two cabinet-level Turkish officials over the continued detention of a US pastor by the Turkish authorities, the White House spokesperson said.

Pastor Andrew Brunson, a US citizen and a Turkish resident for over two decades, has been arrested as part of Ankara’s probe into the 2016 failed military coup. He is facing up to 35 years in prison if found guilty of supporting the coup.

The two officials targeted by sanctions “played leading roles in the organizations responsible for the arrest and detention”of Brunson, the US Treasury’s Office of Foreign Assets Control (OFAC) said in a statement.

Treasury accused the two of “implementing Turkey’s serious human rights abuses.” All their property within US jurisdiction has been blocked, and US citizens are also “generally prohibited from engaging in transactions” with the two Turkish officials.

The Trump administration has been pressuring Turkey for some time to release Brunson. Turkish President Recep Tayyip Erdogan accused his American counterpart of waging “psychological warfare” against Turkey over the pastor and warned that the US may lose “a strong and sincere ally” in Turkey.

As Trump threatened Turkey with sanctions on Twitter last week, Erdogan shrugged off the threat, saying the US is in no position to force Ankara back down.

“No one dictates Turkey. We will never tolerate threats from anybody. Rule of law is for everyone; no exception,” Turkish Foreign Minister Mevlut Cavusoglu tweeted.

On Tuesday, Turkish government spokesman Ibrahim Kalin said Ankara would retaliate against any US sanctions and hoped the conflict could be resolved during a meeting between US Secretary of State Mike Pompeo and Cavusoglu later this week.

 » Lees verder

Chernobyl Disaster Site Transformed From Monumental Sarcophagus To Massive Solar Plant

Chernobyl Disaster Site Transformed From Monumental Sarcophagus To Massive Solar Plant

15-01-18 10:20:00,

Some 100 meters from the giant metal sarcophagus that contains the infamous Reactor Four at the Chernobyl nuclear plant, a new solar project has been built, providing hope of salvaging something positive from the disaster zone.

https://www.zerohedge.com/sites/default/files/inline-images/20180114_chern1.jpg

As RT notes, The 3,800 photovoltaic panels installed in a 16,000 square-meter (3.95-acre) area are expected to produce a total of one megawatt of energy for the local grid – enough power for roughly 2,000 homes reports Science Alert.

The Shelter Object (in the background above), the aforementioned sarcophagus installed last year to replace the rapidly-eroding original concrete shield, has reduced radiation levels to a tenth of their previous amount, affording developers the opportunity to repurpose the nuclear wasteland.

https://www.zerohedge.com/sites/default/files/inline-images/20180114_chern2.jpg

“This territory obviously cannot be used for agriculture, but it is quite suitable for innovative and scientific projects,” Ostap Semerak, Ukrainian Minister of the Environment, told AFP in 2016. Ukrainian authorities have opened up roughly 25 square kilometers for solar project developments with 60 proposals currently under consideration. Another 4.2-megawatt solar power plant was recently completed within the irradiated zone in neighboring Belarus.

The panels are fixed to concrete slabs as opposed to being put in the ground, as drilling, digging or disturbing the soil in the area in anyway is strictly forbidden. It may take an estimated 24,000 years before people can safely inhabit the area again.

“This solar power plant can cover the needs of a medium-sized village,” Yevgen Varyagin of the Solar Chernobyl, the company behind the development, told AFP. Depending on the success of the facility, the Ukrainian-German company may one day ramp up production to almost 100 times current output.

The current project cost approximately €1 million ($1,220,200), which Solar Chernobyl hopes the plant will earn back within the next seven years.

https://www.zerohedge.com/sites/default/files/inline-images/20180114_chern12.png

On April 29, 1986, Reactor Number Four at the plant exploded, leading to the largest uncontrolled release of radioactive material into the Earth’s atmosphere in history, killing 31 people and contaminating up to three quarters of Europe. The plant’s other reactors continued to operate until 2000. Chernobyl is widely accepted as one of the two worst civilian nuclear disasters in history,

 » Lees verder