The year 2024 broke both land and ocean temperature records, being the warmest in 175 observable years and breaking the 1.5°C barrier set by the Paris Agreement to contain the devastating effects of climate change. All indications are that the trends of heat, pollution and extreme weather events will continue in 2025.
The summer of 2024 in the northern hemisphere shattered all-time temperature records in numerous regions, marking it as the hottest on record. This unprecedented event, extensively documented by various agencies and sources, is a clear consequence of climate change driven by human activities. In this article, we will delve into the implications of these extreme temperatures in exacerbating meteorological phenomena and their far-reaching consequences in Latin America.
The high inflation of recent years can be compared to the 1970s, although it was a very different economy. Central banks raised interest rates in both periods to contain the headline rate. In contrast to the past, food inflation has not eased this time around. This article will address the underlying reasons.
