Transforming the Economics and Governance of Water
Water-related crises around the world show that current systems are unsuited for a world altered by global warming.
Flooding in Guangxi Province, June 13, 2022. Credit: Cynthia Lee/Alamy
The floods, droughts, heatwaves, and fires that are devastating many parts of the world underscore two fundamental facts. First, damage to freshwater supplies is increasingly straining human societies, especially the poor, with far-reaching implications for economic, social, and political stability. Second, the combined impact of today’s extreme conditions are unprecedented in human history, and are overwhelming policymakers’ ability to respond.
In East Africa, a devastating four-year dro
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Walmart should be in trouble in China, where its competitors are in retreat and its sourcing operations have been criticised by both Beijing and Washington. But the American retailer seems to have found a way forward in a difficult sector and remains one of the biggest benefactors of China-U.S. trade.
The Commerce Department wants to expand export controls to majority-owned subsidiaries of Chinese companies. That could trigger cascading effects — and challenges.
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