Warm up ve schwab5/19/2023 ![]() Heat waves trigger spikes in electricity use as people switch on their air conditioners and fans, piling more pressure on the power grid and increasing the risk of blackouts. Businesses and traders are now factoring in extreme weather in their investment decisions as the frequency of such events increases. ![]() The South Asian nation has been bracing for a searing summer after record-shattering heat in 2022 that caused widespread suffering and affected global wheat supplies. Parts of northeast India will also see hotter weather. Monthly maximum temperatures are expected to be above normal over east-central and eastern regions, according to the India Meteorological Department. Strong Earnings Lift Stocks as Bank Concerns Loom: Markets Wrapįed Seeks Stronger Bank Rules While Detailing Oversight Lapsesįugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin Harley-Davidson Says Repo Shortage Is Fueling Credit Lossesįed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy (Bloomberg) - India is predicting blistering heat across swathes of the country in May, which could strain the power network, hurt the economy and threaten people’s lives. ![]()
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