Jul 10, 2017

Farmers feel the effect of warming Arctic

Associated Press

Warmer weather in the Arctic due to climate change is making winters in the U.S. longer and affecting farms, according to a new study.

The Arctic is warming twice as fast as the rest of the planet, changing the circulation of cooler air to the planet's middle latitudes. The effect is harsher winters and cooler spring seasons that, in the years studied, were associated with a 1 to 4% decline in agricultural yield on average in the growing seasons following warm Arctic years. Certain areas, such as Texas, saw a much steeper decline of 20% due to the colder temperatures and drier weather.

Why it matters: The Arctic is only getting warmer, and American farmers may have to adjust harvesting schedules to handle the weather changes. Fewer plants also mean that less carbon dioxide is absorbed from the atmosphere, which can accelerate the effects of climate change even more.

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of 2:30 p.m. ET: 1,506,936 — Total deaths: 90,057 — Total recoveries: 340,112Map.
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  3. Federal government latest: President Trump is preparing to launch a second coronavirus task force focused on reviving the U.S. economy.
  4. Public health latest: U.S. has expelled thousands of migrants under coronavirus public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
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Boris Johnson moved out of ICU but remains in hospital with coronavirus

Johnson last December. Photo: Kate Green/Anadolu Agency via Getty Images

U.K. Prime Minister Boris Johnson has been moved out of intensive care but is continuing to be monitored at St. Thomas' Hospital in London, according to a Downing Street spokesperson.

Why it matters: It's a sign of improvement after Johnson spent three nights in intensive care for coronavirus. Foreign Secretary Dominic Raab remains in charge of the government.

Go deeperArrow15 mins ago - World

A pause button for debts

Illustration: Aïda Amer/Axios

Governments have forcibly put much of the U.S. and the global economy on pause in recent weeks, for very good reason. Factories, offices, sporting arenas, restaurants, airports and myriad other institutions have closed down. But one thing hasn't been paused: monthly debt-service obligations.

The big picture: The less movement and activity there is in an economy, the more the coronavirus curve is flattened. But the obligations in bond and loan contracts can't be paused. That's worrying CEOs who fear a wave of business failures if economic activity doesn't pick up next month.