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Iranian media report a US forces attack on an Iranian oil tanker near Kharg Island. The incident occurred one day after alleged Tehran missile launches toward the Strait of Hormuz and US attacks on Iranian positions.
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The Panama Canal Authority is reducing the number of daily allowed ships due to low water levels caused by El Niño and a severe drought in Central America. Five percent of global maritime trade passes through the Panama Canal.
Welfare & PovertyClimate ChangeNature & Species Conservation
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Following a severe Himalayan flood disaster with over 1,000 deaths, Nepal is demanding international support for reconstruction. The country, responsible for only a fraction of global CO2 emissions, is suffering greatly from climate change impacts, with damages amounting to $2.5 billion.
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High fuel prices in Europe are due to tight refinery capacities, disrupted trade routes, and a general diesel shortage, despite moderate crude oil prices. Refinery margins are high as demand for finished products exceeds supply.
Political PartiesCompanies & MarketsClimate Change
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Experts predict an AfD government in Saxony-Anhalt would cause a loss of prosperity between 1.8 and 3.2 billion euros and worsen labor shortages. The party plans to move away from renewables towards coal and nuclear power and rejects climate protection.
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International far-right figures met in Chile at the Foro Madrid, organized by Fundación Disenso. Argentina's President Javier Milei spoke of a "global battle between good and evil" and justified Augusto Pinochet's military coup. Support for Chilean politician José Antonio Kast has reportedly fallen to 34 percent.
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Argentina's President Javier Milei reaffirmed his country's claim to the Falkland Islands, questioning the islanders' right to self-determination. This comes amid potential shifts in US foreign policy under Donald Trump regarding the sovereignty issue.
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The UN Environment Programme (UNEP) warns the 1.5-degree temperature limit could be exceeded in the coming years. Following flash floods in Nepal and Tibet that caused over 1,000 deaths, Nepal is demanding compensation from major CO2 emitters. Turkmenistan has begun to close large methane leaks in its oil and gas facilities.
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Global food prices rose 1.9 percent in August compared to July, reaching their highest point since late 2022. Extreme weather and military conflicts are causing supply shortages. The FAO lowered its global grain production forecast by two percent.
Climate ChangeNature & Species ConservationPollution
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Forest fires are spreading uncontrollably in Indonesia, particularly on Borneo and Sumatra. Over 200,000 hectares of land have already burned, causing severe smog in neighboring countries and endangering orangutans.
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