Tag

Economic Loss

All articles tagged with #economic loss

climate-change2 years ago•4 min saved

Rising Temperatures Pose Deadly Threat: Heat-Related Deaths and Economic Loss on the Horizon

A new study from Argentina reveals that extreme heat and cold have a significant impact on mortality rates, particularly among the elderly, resulting in substantial economic damage. The research analyzed a decade's worth of data and found a U-shaped relationship between temperature and mortality, with both extreme cold and extreme heat contributing to increased mortality rates. Heatwaves, becoming more frequent due to climate change, were associated with a mortality rate increase of nearly 0.5 per 100,000 people. The economic analysis estimated that temperature-related mortality caused 0.75% of Argentina's GDP in 2019. Effective mitigation measures to reduce CO2 emissions are crucial to mitigate future impacts.

via PsyPost|

#argentina #climate-change #economic-loss

entertainment2 years ago•1 min saved

The Future of Hollywood: Post-Strike Chaos and Uncertain Paths

As the SAG-AFTRA strike nears its end, the post-strike Hollywood landscape is expected to be scarier than before, with the industry facing challenges such as the bursting of the Peak TV bubble, studios trying to make fewer projects, and the diminishing economics of streaming. The shutdowns have caused significant economic loss and disruption, with estimated losses of $6.5 billion and layoffs and furloughs affecting many. The suffering of those outside the Writers Guild and SAG-AFTRA, who will benefit from the resulting deals, has been largely overlooked.

via Puck|

#economic-loss #entertainment #hollywood

business2 years ago•2 min saved

"Potential UAW Strike Threatens Billions in Economic Losses"

A potential strike by the United Auto Workers (UAW) against Detroit's Big Three automakers - General Motors, Ford Motor, and Stellantis - could result in an economic loss of over $5 billion after just 10 days, according to a report by Anderson Economic Group. The estimate takes into account potential losses to UAW workers, the manufacturers, and the broader auto industry if tentative agreements are not reached before the current contracts expire. The last UAW strike in 2019 cost GM approximately $3.6 billion in earnings, but this time all three automakers are vulnerable as the new union leadership has not promised to limit their efforts to one company.

via CNBC|

#auto-workers #business #detroit-automakers