crop failures News

Global Economic Losses from Extreme Weather Could Hit $5 Trillion – Lloyd’s

Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that cause crop failures and food and water shortages, insurance marketplace Lloyd’s of London said on Wednesday. Lloyd’s, which carried out …

Drought will Cause Crop Failures in Spain, Farmers Warn

MADRID (AP) — Drought now affects 60% of the Spanish countryside, with crops like wheat and barley likely to fail entirely in four regions, the main Spanish farmers’ association said on Thursday. Spain’s long-term drought is causing “irreversible losses” to …