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Futures contracts on orange juice , cocoa , coffee and sugar have soared in part because of extreme weather and supply concerns related to El Niño. "You can say El Niño has a sweet tooth because it sort of eats or takes away much of the sugar in the world," Carlos Mera, head of agri commodities market research at Netherlands-based Rabobank, told CNBC. "Sugar prices have probably already been passed on [to consumers] but certainly for chocolate we should expect a big increase at retail level — and El Niño is certainly something to watch." Joe Raedle | Getty Images News | Getty ImagesThe effects of El Niño tend to peak during December, but the impact typically takes time to spread across the globe. It also warned that several crops could be adversely affected by El Niño early next year, while acknowledging there is the potential for some crops to benefit, citing those in the United States, southern Brazil and Argentina.
Persons: El, Carlos Mera, El Niño, Joe Raedle, Dave Reiter, Reiter, Sia Kambou Organizations: Future Publishing, Rabobank, CNBC, Getty, Reiter Capital Investments, Twitter, Workers, Afp Locations: Yichang City, China's Hubei, Netherlands, El, Orange, Miami , Florida, Southeast Asia, India, Australia, Africa, United States, Brazil, Argentina, Florida, Hermankono
Artist's reconstruction shows the Triassic Period marine reptile Hupehsuchus nanchangensis, based on fossils unearthed in China's Hubei Province. Hupehsuchus is believed to have been a filter-feeder, akin to some of today's baleen whales. "Baleen whales are mammals and Hupehsuchus are reptiles. Marine reptiles asserted themselves. Two other ancient marine reptiles - Paludidraco, which lived about 230 million years ago, and Morturneria, which lived about 70 million years ago - appear to have used some type of filter-feeding.
Persons: Shi Shunyi, Long Cheng, Handout, Hupehsuchus, Mike Benton, Cheng, Will Dunham, Rosalba O'Brien Organizations: REUTERS, University of Bristol, BMC, Wuhan Center, China Geological Survey, Hupehsuchus, Thomson Locations: Hubei Province, Hupehsuchus, England, Siberia, Washington
“I don’t necessarily need a higher paid job or a better life,” she added. College graduates looking for jobs at a fair in central China's Hubei province on July 20. A growing trendOn Douban, about 4,000 members of a group called “full-time children’s work communication center” discuss topics related to their daily “working” lives. By contrast, today’s “professional” children spend time with parents and do housework in exchange for financial support. In addition to her family duties, she’s busy applying for government jobs and taking exams for graduate school.
Persons: Litsky Li, Li, , , headwinds, Zhang Dandan, ” hashtag, somethings, today’s, , Fang Xu, Nancy Chen, she’s, Chen, hasn’t, It’s, George Magnus, Magnus Organizations: Hong Kong CNN, College, CNN, Peking University, University of California, China News Service, Harvard University, China Centre, Oxford University, SOAS University of London Locations: Hong Kong, Luoyang, China's Hubei, Beijing, , China, University of California Berkeley, Jiangxi, Wanshou, China's Jiangxi
China's temple visits skyrocket amid economic uncertainty
  + stars: | 2023-06-09 | by ( Laura He | ) edition.cnn.com   time to read: +6 min
Economic uncertainty has driven temple visits and tourism to new heights, according to analysts and travel websites. Temple visits have surged this year more than fourfold from a year ago, according to recent data from Qunar and Trip.com, another travel site. Social media has also fueled the boom in temple tourism, as young people like to share their experiences on social networks, she added. Anhui Jiuhuashan Tourism Development, which runs the Jiuhua Mountain scenic area in central Anhui province, also shattered quarterly sales records. A small temple at Wudang Mountain in China's Hubei province pictured on October 27, 2004.
Persons: Hong Kong CNN —, , Qunar.com, Soeren, Yang Yan, Ryan Pyle, supplicants, Organizations: Hong Kong CNN, Nanjing Securities, Social, Communist Party, Caitong Securities Locations: Hong Kong, China, Beijing, Qunar, Nanjing, Sichuan, Shan, Anhui Jiuhuashan Tourism, Anhui, Jiangxi province, Wudang, China's Hubei, Hangzhou
Life somehow managed to survive during this time called "Snowball Earth," and a new study offers a deeper understanding as to why. "Our study shows that, at least near the end of the Marinoan 'Snowball Earth' event, habitable areas extended to mid-latitude oceans, much larger than previously thought. And the Earth spiraled into Snowball Earth conditions," Virginia Tech geobiologist and study co-author Shuhai Xiao said. Multicellular organisms including red algae, green algae and fungi emerged before the Cryogenian and survived "Snowball Earth." "It is fair to say that the 'Snowball Earth' events were significant challenges to life on Earth," Xiao added.
SINGAPORE, Feb 23 (Reuters) - A team of influential economists has urged China to adopt a new development model based on "wellbeing" rather than GDP growth in order to fulfil its 2060 net-zero emissions goals and head off the mounting threats of climate change. The old development model drove rapid growth in China over the last four decades, but is putting the world at "grave risk", the report said. China began experimenting with "green GDP" in 2005 as concerns mounted about the environmental damage done by rapid industrialisation. A 2006 government report concluded that environmental losses amounted to 3% of total GDP, but critics believed the actual figure was much higher. China is home to 16 of the 20 global regions most vulnerable to climate change, data showed on Monday.
The global electric commercial vehicle market is expected to top $370 billion in annual revenue by 2030. With a flood of new battery-powered autos set to transform the business of building passenger vehicles, it was natural that commercial vehicles would be next. The global electric commercial vehicles market is expected to surpass $370 billion in annual revenue by 2030, according to Guidehouse Insights. It also has its toes deep into electric mobility, building batteries not only for EVs but also electric buses, boats, and trucks. Now, through internal changes and acquisitions, BorgWarner is positioning itself for the electrified future, especially as that future comes to commercial vehicles.
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