Live and recent posts from across the Fediverse tagged #economics, aggregated by home.social.
Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live
By Kalyeena Makortoff
Brent crude prices fell on Friday as president Donald Trump promised not to attack Iran ahead of the US midterm elections in November
#Stockmarkets #Commodities #Currencies #Economics #TheGuardian #KalyeenaMakortoff
Development Of A National-Scale Fluvial Flood Exposure Dataset For The Conterminous United States, Alaska, And Hawaiʻi [USACE]
--
https://dx.doi.org/10.21079/11681/50473 <-- shared technival publication
--
https://www.science.org/content/article/half-us-military-facilities-vulnerable-extreme-weather-and-climate-risks <-- shared technical media article
--
H/T @natalie Memarsadeghi | Research Physical Scientist
“… This publication [link above] represents the culmination of a massive two-year effort that stands as one of my most significant and rewarding projects at the U.S. Army #EngineerResearchandDevelopmentCenter (ERDC).
[T]he lead author of this technical report, developed and executed all of the foundational streamflow modeling. It was a staggering undertaking, involving over 100,000 RAPID simulations across a 32-member climate model ensemble to generate data for 3.1 million river reaches, which directly powered the flood mapping. As the lead flood modeler for this initiative [the H/T] then executed over 1,000 AutoRoute model runs, building from the streamflow data, to build a comprehensive, national-scale dataset of fluvial flood exposures. The sheer scale and resolution of this work is unprecedented, providing critical flood-map coverage across the entire United States to assess the exposure of vital military installations and enhance Department of Defense mission resilience…”
#climaticextremes #extremeweather #climatechange #datasets #opendata #rnvironmentalchange #extremeweatherwevents #flood #flooding #water #hydrography #risk #hazard #cost #economics #humanimpacts #infrastructure #floodexposure #floodmapping #GIS #spatial #mapping #spatialanalysis #spatiotemporal #riskassessment #hazardexposure #hydroclimatechange #hydrogeomorphology geomorphmetry #installationresilience #engineering #precipitationanomalies #precipitation #rainfall #weather #climate #meteorology #riverrouting #runoff #streamflow #model #modeling #RAPID #simulation #fedscience #fedservice #publicgood #publicsafety #publicservice #fluvial #fluvialfloodexposure #CONUS #Alaska #Hawaii #Hawaiʻi #Nation #national #DepartmentofDefense #USArmy #military #militaryinstallations #militarybases #DoD #floodoccurrence #futurechange #DECAT #AutoRAPID
@USACE | @ERDC | @us Army | @Department of Defense
"Satellite photos show how Israeli forces have erased Gaza towns"
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
https://apnews.com/article/gaza-war-israel-demolition-3a187f030deb29d97d547cc363875d0c
"Measles is surging in the US. These graphics show how bad it has gotten"
#Politics #News #USA #Government #Democrats #MAGA #UN #EU #Canada #Economics #Security #Europe #UK #Measles #CDC #Healthcare #MAHA #Science #Vaccinations
Decent societies cannot be built on exploitation. #equity #fairness #economics #economy #capitalism
Singapore Leads Southeast Asia in Tourism Development
Singapore emerged as the best among the economies of Southeast Asia in the 2026 Travel and Tourism Development Index of the World Economic Forum (WEF), according to a news report of VnExpress. Globally, Singapore ranked 13th in a field of 110 economies.
To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…
Singapore ranked 13th among 110 economies in the World Economic Forum’s 2026 Travel and Tourism Development Index, the highest position among ASEAN.
The city state scored 4.89 points, up 3.4 percentage points from 2024 in the biennial ranking released on Friday by the World Economic Forum, an international advocacy non-governmental organization and think tank based in Switzerland.
Indonesia ranked at 23rd, followed by Malaysia at 26th, Thailand at 38th, Vietnam at 52nd, the Philippines at 57th, and Laos at 75th.
The index measures factors and policies that enable sustainable and resilient development of tourism like business environment, safety and health conditions, price competitiveness, air transport infrastructure, ground and port infrastructure, tourist services and infrastructure, natural resources, and cultural resources.
Singapore received high scores in business environment, safety and security, travel policy and enabling conditions, and infrastructure and services.
Singapore, the second largest economy in Southeast Asia after Indonesia by nominal GDP, is known for its strict laws and low crime rates. It has earned (its) reputation as one of the safest countries in Asia.
The city-state is ramping up investment in large-scale tourism infrastructure as it seeks to strengthen its position as a leading travel and business hub in Asia.
The government announced a S$740 million (US$584 million) tourism funding package, more than twice the S$300 million allocated under the Tourism Development Fund in 2024, in May to strengthen industry resilience until 2040.
Let me end this piece by asking you readers: What is your reaction to this development? Have you visited Singapore over the past twelve months? Do you think Singapore can keep innovating and improving itself on tourism development?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
#AirTravel #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #diversity #economics #economy #EconomyOfSingapore #employment #Facebook #Fediverse #finance #foreignTourists #foreignTravel #foreignTravelers #foreignVisitors #geek #Google #GoogleSearch #holiday #Inclusion #Indonesia #Instagram #internationalTourism #internationalTravel #Investagrams #jobs #labor #Laos #Malaysia #Mastodon #money #mustSee #Philippines #Singapore #socialMedia #Thailand #tourism #tourismBlog #tourist #touristBlog #travel #travelBlog #Tumblr #vacation #visitSingapore #VnExpress #VnExpressInternational #VnExpressNet #WordPress #WordPressCom #work #WorldEconomicForumWEF #worldTravel
If you are wondering about Russia's Kaliningrad Nuclear Weapons storage facility. Google Maps provides access to the top secret facility. Be sure to read the reviews!
#Politics #News #USA #Government #Democrats #MAGA #UN #EU #Canada #Economics #Trade #Tariffs #War #WW3 #Asia #Russia #China #Ukraine #Security #Europe #UK #DataCenters
"Trump says he doesn’t want Iran deal as U.S. reportedly prepares for ‘massive #bombing’"
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
https://www.cnbc.com/2026/10/08/us-iran-war-trump-hormuz.html
"Inflation on many everyday items was entirely due to tariffs, NY Fed says"
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Inflation #Incompetence #Election #Vote
https://www.cnbc.com/2026/10/08/inflation-tariffs-trump-fed-consumer-goods.html
IRAN WAR ONGOING — Day 211
Low-intensity fighting continues. $43.6B Pentagon / $135B+ independent est. 19-23 US KIA. 850+ wounded. 9,045+ killed. No congressional vote. No end in sight.
EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
Shipping in the Strait of Hormuz is under fresh attack, disrupting transit as Brent rises 3.3% in 24 hours, and the latest official PortWatch count is 4 vessels on October 4 at 5%; crisis pressure at 88 (extreme) and the Escalation Forecast at 60 (high).
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
"Reports confirmed by the UK Maritime Trade Operations (UKMTO) detailing projectile strikes on a commercial tanker approximately 51 nautical miles north of Madinat , confirmed casualties"
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
IranSitrep
"Trump orders Pentagon to plan large-scale Iran strikes before November midterms; no fixed targets or timeline yet.
>Brent crude surged 5.2 percent to $105.36 on Iran escalation fears and tanker attack reports from Gulf."
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
"Al-Aqsa Flood and the beginning of Israel's strategic erosion"
#Taco #Politics #News #USA #Democrats #MAGA #UN #EU #Canada #Economics #Trade #War #WW3 #Asia #Russia #China #Iran #War #WW3 #Palestine #Israel #Yemen #Election #Pentagon #Hormuz #Gaza #Zionism
https://en.mehrnews.com/news/248423/Al-Aqsa-Flood-and-the-beginning-of-Israel-s-strategic-erosion
NATO members in Kyiv: 'We stand unwavering with Ukraine'
#Politics #News #USA #Government #Democrats #MAGA #UN #EU #Canada #Economics #Trade #Tariffs #War #WW3 #Asia #Russia #China #Ukraine #Security #Europe #UK
https://www.dw.com/en/nato-members-in-kyiv-we-stand-unwavering-with-ukraine/video-79590369
Dhaka Signals Economic Sovereignty and Independent Diplomacy, Sidestepping Geopolitical Pressures
Data Center Cancellations Top $260 Billion in 2026
--
(Local opposition has exacted a much higher cost for developers than has been previously understood, according to new Heatmap Pro survey of public records and financial information.)
--
https://heatmap.news/daily/260-billion-data-center-opposition <-- shared technical media article
--
https://www.brockovichdatacenter.com/ <-- shared related resource, including webmap(s)
--
There are of course many upsides to this... water use... energy consumption... other impacts to the local communities of these spreading / clotting tumors...
[sorry 'bout the registration wall]
#water #hydrology #waterresources #datacenter #datacentres #opposition #AI # #DataCenterCancellations #developers #energy #energyuse #communityimpacts #cost #economics #localopposition #financials
@HeatmapNews
The danger from #AI and #ML does not come from the #technology, but its owners and controllers. The Luddites didn't smash the looms because they were anti-tech (contrary to modern representations[1]), but because they were forced out of income[2]. That the #tech #oligarchs can't be trusted is on display time again, currently with the #mathematics community[3].
#society #history #politics #economics #epsteinclass
[1]https://www.economicshelp.org/blog/6717/economics/the-luddite-fallacy/
[2]https://www.bloodinthemachine.com/p/understanding-the-luddites-in-the
[3]https://www.wired.com/story/openai-is-pissing-off-a-bunch-of-mathematicians-again/
Texas produced roughly $2.9 trillion of economic output in 2025.
Read more: https://t.co/iViwyA1tnV
SpaceXAI itself was created only a few months ago in July, after SpaceX acquired xAI in a $1.25 trillion deal that consolidated the two companies.
Read more: https://t.co/WbMPjPat6L
Broadcom, $AVGO, is arranging more than $50 billion in financing for the custom artificial intelligence chip it's developing with OpenAI, per Bloomberg
Scientist Identifies How Societies Escape Social Crisis
“Past societies escaped periods of crisis by reversing the root cause: the ‘wealth pump’ that takes from ordinary people and gives to elites.
When wages stagnate while the gains from economic growth flow disproportionately to the top, the result is popular discontent, conflict among elites, & weakening state.
Exiting the crisis requires shutting down the wealth pump”
A.I. has crossed the threshold that its ability to empower a bioterrorist to kill hundreds of millions—that exists today, he said.
Read more: https://t.co/3vIxpPXIMk
The Federal Reserve has said that the US participation with Japan in intervening to support the Japanese yen in late July was a Treasury Department move, and that its own funds weren’t involved.
I am sure Equinor will support using the profits from British oil fields for a British sovereign wealth fund in the same way as Norway does. This fund could then be used to speed up the transition to net zero. #ClimateChange #Economy #Economics #capitalism #democracy #ClimateAction #ClimateCrisis
China managed to get a hold of parts from an F-35 stealth fighter jet after a United Parcel Service employee missed an email warning not to route the shipment through Hong Kong, per Bloomberg.
BREAKING: Trump will award Elon Musk the National Medal of Science at the White House Thursday.
Sergey Brin, Jensen Huang and Lisa Su will also receive the science medal, while Michael Dell and Satya Nadella will receive the technology medal.
The FBI arrested and charged an 18-year-old for allegedly planning a mass casualty attack in support of ISIS at the Mall of America, per ABC
BREAKING: San Francisco is temporarily banning new data centers within its borders, per Bloomberg
Most Fed officials expect another rate hike by year-end, per minutes from the September meeting.
All 19 Fed officials backed September's hike, which raised rates to 3.75%–4%, the first increase since 2023.
Nearly all officials see inflation risks tilted to the upside.
Some
BREAKING: The average 30 year fixed mortgage is now 7.63%, per MortgageNewsDaily.
France will release 10 million barrels of diesel from its strategic reserves as fuel prices surge, per France Télévisions.
It comes days after the G7 agreed to release 100 million barrels of diesel and oil, under pressure from Trump to tap European stockpiles.
France and
Trump: "I could've done very bad things to Hillary Clinton. I could've done very very bad things to Joe Biden. I could've done very bad things to Barack Hussein Obama ... I can do whatever I want, if I want."
Badenoch’s inheritance tax gambit makes no economic sense | Heather Stewart
By Heather Stewart Economics editor
The Tory leader’s proposal to slash the tax would shovel £6bn of taxpayer money to the already-wealthy
#Economics #KemiBadenoch #Conservatives #Politics #Taxandspending #UKnews #Inheritancetax #Tax #Money #Property #Economicpolicy #EconomicgrowthGDP #Business #Housingmarket #Stampduty #TheGuardian #HeatherStewartEconomicseditor
BREAKING: Ray Dalio says AI is a "classic bubble," and it may be close to bursting.
The billionaire Bridgewater founder says two forces usually pop a bubble: rising interest rates, and investors needing to turn paper wealth into cash.
"Wealth is not the same as money."
BREAKING: Companies backed by President Trump's sons have won more than $6 billion in active or promised government contracts since the investments were made, per ABC
Look at this.
Trump announced a $6.6 billion government investment in defense company Anduril.
1789 Capital, where Donald Trump Jr. is a partner, took a major stake in Anduril in June 2025.
Since then, Anduril has won 135 other government contracts worth about $1.8 billion.
Beware rightwing economic myths such as ‘maxing out the nation’s credit card’ | Letters
By Guardian Staff
Readers respond to an article in which Larry Elliott argues that Andy Burnham must challenge neoliberal nostrums
#Economics #Labour #AndyBurnham #Politics #JohnHealey #Budget #Money #Business #Pensions #Taxandspending #BankofEngland #UKnews #JohnMaynardKeynes #AlanGreenspan #TheGuardian #GuardianStaff
Labour could oversee worst parliament on record for living standards, study warns https://www.theguardian.com/business/2026/oct/07/labour-worst-parliament-living-standards-thinktank-analysis #UkCostOfLivingCrisis #Labour #EconomicGrowthGdp #Thinktanks #Budget #JohnHealey #UkNews #Economics #Business #Politics #EconomicPolicy #Poverty #Society #EnergyBills #HouseholdBills #TaxAndSpending #Housing #Budget2026 #Inflation #InterestRates
Labour could oversee worst parliament on record for living standards, study warns
By Heather Stewart and Jessica Elgot
Energy and housing costs threaten biggest decline in modern times unless bold action taken, says thinktank
#UKcostoflivingcrisis #Labour #EconomicgrowthGDP #Thinktanks #Budget #JohnHealey #UKnews #Economics #Business #Politics #Economicpolicy #Poverty #Society #Energybills #Householdbills #Taxandspending #Housing #Budget2026 #Inflation #Interestrates #TheGuardian #HeatherStewart #JessicaElgot
AI agents are getting wallets.
Sui and Alibaba Cloud are teaming up so AI agents can pay for Alibaba Cloud services per call, in stablecoins, settled on Sui.
Set a budget, and your agent handles the checkout. https://t.co/keijOQm4oS
