Israel Weighs Plan to Flood Gaza Tunnels With Seawater

WASHINGTON—Israel has assembled a system of large pumps it could use to flood Hamas’s vast network of tunnels under the Gaza Strip with seawater, a tactic that could destroy the tunnels and drive the fighters from their underground refuge but also threaten Gaza’s water supply, U.S. officials said. The Israel Defense Forces finished assembling large … Read more

Psychology of Money author Housel gives advice to scared investors

The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing how inevitable it is makes it more palatable to deal with when you go through it,” author and behavioral finance expert Morgan Housel told CNBC’s “ETF Edge” recently. It’s one of the major themes in … Read more

Why the American Red Cross makes money from donated blood

The American Red Cross has long been recognized as the universal symbol of humanitarian services —and it’s an expensive operation. In 2022, the American Red Cross generated more than $3.2 billion in operating revenue and spent just over $3 billion in expenses the same year, according to its financial statements. Contributions only make up about … Read more

The climate crisis has a price — and it’s $391 million a day

In this photo taken on Oct. 10, 2023, a man looks at a forest fire as it approaches houses in Ogan Ilir, South Sumatra in Indonesia. Al Zulkifli | AFP | Getty Images Damage from the global climate crisis has amounted to $391 million per day over the past two decades, a report showed. Wildfires, … Read more

Halloween chocolate pricier this year as El Nino hits cocoa crop

Halloween candy is for sale at a CVS store in Washington, D.C., on Oct. 17, 2022. Drew Angerer | Getty Images Cocoa, a vital ingredient for chocolate, is more expensive than it has been in decades, as hotter and drier weather patterns stunt the cacao bean crop’s growth. Cocoa futures surged to $3,786 per metric … Read more

How El Nino will affect weather this winter

Vehicles drive on the flooded Freeway 5 after an El Niño-strengthened storm brought rain to Los Angeles on Jan. 6, 2016. Lucy Nicholson | Reuters The El Niño weather pattern is still active heading into the winter this year and it will mean the northern and far west portions of the U.S. will have a … Read more

UN committee deadlocked on climate disaster recovery fund

Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the 7th Ministerial on Climate Action (MoCA) in Brussels on July 13, 2023. Francois Walschaerts | Afp | Getty Images United Nations representatives failed to secure … Read more

Southeast Asia haze returns as peatland fires fan global warming fears

In this photo taken on October 10, 2023, a man looks at a forest fire as it approaches houses in Ogan Ilir, South Sumatra. Al Zulkifli | Afp | Getty Images With El Nino in full force, officials are bracing for the worst transboundary haze in southern Southeast Asia since before the pandemic in 2019. … Read more

Cocoa farmers face mounting challenges as El Nino rages on

A woman spreads cocoa beans during the sun-drying process in the backyard of her house in Asikasu, Ghana on December 19, 2020. Cristina Aldehuela | Afp | Getty Images El Nino is here to stay — and that’s bad news for cocoa crops which are highly sensitive to weather changes.  Frequent extreme weather events caused … Read more

‘Without water, there is no life’: Drought in Brazil’s Amazon is sharpening fears for the future

MANAUS, Brazil — Communities dependent on the Amazon rainforest’s waterways are stranded without supply of fuel, food or filtered water. Dozens of river dolphins perished and washed up on shore. And thousands of lifeless fish float on the water’s surface. These are just the first grim visions of extreme drought sweeping across Brazil’s Amazon. The … Read more