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South Africa

COMMENT: Middle East oil shock scenarios pose inflation risk, but economic hit seen as modest

bne IntelliNews June 17, 2025

The threat of escalating conflict between Israel and Iran has returned geopolitical risk to the heart of the global oil market. Yet according to Oxford Economics, the macroeconomic fallout – even in the most extreme case – may be mild.

Number of recorded disasters up 50-fold since 1970 – OWID

Hannah Ritchie for Our World in Data June 17, 2025

Tracking the occurrence of natural disasters can save lives by helping countries prepare for future ones, Our World in Data (OWID) reports.

EU selects 13 global strategic raw materials projects to boost supply security


bne IntelliNews June 4, 2025

European Commission publishes list with projects in Emerging Europe, Central Asia, Africa and elsewhere as bloc strives to reduce dependency on a handful of global suppliers.

BRICS nations formulate first ever joint Climate Crisis policy

bne IntelliNews June 3, 2025

The BRICS bloc approved its first coordinated climate finance framework on May 30, marking the group’s first unified policy to fund climate action and setting the foundation for a shared position ahead of the COP30 meeting due to be held in Brazil.

CITIES IN PERIL: Cities confront the rising tide of climate change

Clare Nuttall in Glasgow May 30, 2025

Fast and chaotic urban population growth combined with climate challenges on multiple fronts are putting cities at risk around the world.

COVID is back - a new "NB.1.8.1" strain is spreading across continents

bnm Tehran bureau, bne Moscow bureau, bno Taiwan bureau May 30, 2025

The coronavirus (COVID-19) is back. Reports from health authorities around the world have detected a new highly contagious strain of the virus that has been spreading through Asia and has now reached Russia.

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