There are quick, tasty news bites every week that may not make it into the weekly newsletter. Bites of the Week shares those interesting stories we should care about in shorter form. We could share positive vibes, financial bloopers, or things a tad more serious.
This news morsel explores impacts of climate change on local and international economies.
Wheat shipments from America are dropping as wheat can't make it out of the drying Mississippi. International buyers are not waiting and buying wheat from new and old international ports.
💡Our Thoughts: Climate change is making new winners and user every day by drying wet areas and wetting dry areas all over the world.
X user Sergio Freire shared famous photos of the Rio Negro-one from July and another from early October. The mighty Amazon River looks more like a river of sand than a river of water.
As per the reports from Newsweek and other outlets, since mid-September, the Rio Negro has been experiencing a rapid decline in water levels, decreasing by approximately one foot per day. This is happening all over the Amazon with no end in sight.
💡Our Thoughts: A persistent drying of the Amazon will impact global weather patterns and impact commerce in Brazil.
Climate change is upending the global world of wine. The US is one of the top producers with a 12% increase in wine production. Oregon, a region that could never grow grapes, produces an annual bounty of wine! Droughts and other weather events have ravaged vineyards in Italy and Spain (production dropped 12-14%). Australia, South Africa and Chile, are expected to suffer drops of between 10% and 24%.
Meanwhile the French consumers are finding French wine too expensive and French vineyards are hanging on for dear life.
💡Our Thoughts: Try new variety of US wines, you might be surprised! Climate change is about change, not the end. Humans, plants and economies will adapt.
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