In short:
- This wildfire season in Europe started earlier and with more intensity than usual.
- Seattle could be hit by a 42-ft tsunami wave within three minutes of an earthquake.
- Jackery will offer up to 30% off portable batteries and solar panels on Prime Day (July 12-13).
Food prices are falling, but they are still near record highs. The Ukraine war has contributed to the worst food crisis since the 60s.
According to the FAO, food prices fell for the third consecutive month in June, but remained near March’s record highs. Prices dropped due to better crop conditions, higher Russian exports (possibly aided by stolen grain), and seasonal availability from the northern hemisphere harvest.
Brazil imported record amounts of potassium chloride from Canada in the first half of the year, signaling that farmers will have plenty of fertilizer to nourish crops, boost yields, and expand acres. In 2022, Brazil is expected to harvest a record 9 million tonnes of wheat.
Increasing extreme weather, coupled with high gas prices, global inflation, and the ongoing pandemic have created the worst food crisis since the 60s. In countries like Somalia, Ethiopia, South Sudan, Yemen, and Afghanistan—where nearly all wheat comes from Ukraine and Russia—nearly 1 million people are facing starvation. According to the World Food Program, price increases since March have pushed 47 million more people into acute food insecurity, bringing the total to 345 million. 50 million of those are on the verge of famine. High inflation is also hitting poorer communities in developed nations. Moscow has said it's ready to negotiate over grain exports, but no timeline or results are clear yet.
Middle East and African countries are tapping into EU wheat supplies as the new season begins. Over 1 million tonnes of German new-crop wheat have already been sold to Iran and Africa. France is expected to replace Algeria’s poor harvest and export to Morocco.
A rise in fertilizer costs is threatening rice production in parts of Asia at a time when demand is increasing, posing a threat to food security.
Economy, labor market, and supply chain
Abbott’s baby formula plant reopened after flooding and began producing EleCare, though Similac production has not yet resumed.
Sri Lanka’s economic crisis led to widespread protests, culminating in the storming of the president’s house. President Gotabaya Rajapaksa will resign on July 13. A detailed explainer can help understand how this crisis unfolded and what might come next.
China’s economy is struggling due to its strict zero-Covid policies. Despite efforts to revive growth, uncertainty remains, especially with the fast-spreading Omicron subvariant BA.5 now present in the country.
Deloitte analysts believe the semiconductor shortage is coming to an end, as chip companies increase capital spending and new factories come online.
The US labor shortage could open opportunities for ex-prisoners. Studies show that barriers for people with felony records cost the economy billions. With over 11 million job openings, this could be a chance for reintegration.
Tsunami risk in Seattle
If a magnitude 7.5 earthquake struck Puget Sound, a tsunami would inundate Seattle’s shoreline with over 20 ft (6 m) of water, reaching parts of Bainbridge Island, Elliott Bay, and Alki Point within three minutes. A 42-foot wave could hit downtown areas like the Seattle Great Wheel and reach Lumen Field and T-Mobile Park.
What should you do if an earthquake-tsunami strikes? If the ground is shaking, take cover. When it stops, head to higher ground. If you see water receding, run! Sign up for alerts via apps like MyShake, learn natural warning signs, and prepare your bug-out bag and emergency kit.
Wildfires, drought, and wet bulb temperatures
Over 3,000 firefighters are battling hundreds of wildfires in Portugal, where temperatures have reached 43°C. A state of contingency was declared, banning farm equipment and fireworks. Compared to 2021, this fire season in Europe has started earlier and with more intensity.
Alaska is experiencing another historic wildfire season due to warm springs, low snowpack, and unusual thunderstorms. Early in July, over 2 million acres burned, more than double the average. Fires are also raging in California, Colorado, Oregon, Utah, and Arizona, including a grove of ancient sequoias in Yosemite.
Extreme heat and humidity, measured as 'wet-bulb temperature,' are becoming more dangerous. Recent studies suggest that even 31°C (88°F) at 100% humidity can be life-threatening. Low-cost cooling methods like swamp coolers stop working above 21°C (70°F).
Jackery Prime Day deals (July 12-13): 20-30% off portable batteries and solar panels
Jackery is offering up to 30% off on Prime Day. Notable deals include the Explorer 500, Explorer 300, SolarSaga 100W, and Solar Generator 2000 Pro. These are solid choices for power needs during emergencies.
The rest
New York City released a PSA about nuclear attack preparedness, even though the risk is low. A swimmer in Iowa contracted a brain-eating amoeba after swimming in Lake of Three Fires. The FDA is considering allowing the first birth control pill to be sold without a prescription.
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