Since the 19th century, sea levels have risen by over 8 inches, and nuisance floods—commonly referred to as abnormally high tides—are becoming increasingly frequent in coastal cities. Some coastal areas are experiencing these nuisance floods for a third of the year. While they may not always be dangerous, they can be costly and are expected to worsen as time progresses.
In North Carolina, a massive gasoline pipeline spill was initially detected in August. It's estimated that around 1.2 million gallons have leaked due to a crack in the pipeline, though the accuracy of this estimate remains uncertain.
Bank of America anticipates a rise in oil prices, which could have significant implications for both consumers and businesses.
The U.S. infrastructure, including dams and levees, requires an investment of over $115 billion for repairs and maintenance. While this figure seems substantial, it pales in comparison to our defense budget.
Due to leaf blight, we're facing a shortage of rubber trees, which poses a problem since natural rubber is a vital raw material. With global demand for rubber on the rise, various solutions are being proposed, yet each comes with its own set of challenges.
Hawaii is currently grappling with severe torrential rains and widespread flooding. Meanwhile, Colorado and Wyoming are bracing for a massive snowstorm.
It's that time again—the annual Texas Prepper Sales Tax Holiday! This event is no joke.
The House has passed legislation for expanded background checks on gun purchases:
https://twitter.com/disclosetv/status/1370043309347983367?s=20
Globally, there are nearly 119.1 million confirmed COVID-19 cases. In the past week alone, there has been an addition of almost 2.9 million cases. Total deaths worldwide exceed 2.6 million. In the United States, there are close to 30 million cases, with over 543,000 fatalities. Over the last week, 10,000 Americans lost their lives, and within the last 24 hours, there were over 1,400 deaths. The U.S. added nearly 60,000 new cases in the past day. Brazil leads the world in daily deaths, with over 2,200 recorded yesterday. However, the death rate in the U.S. appears to be declining:
For the first time since November, fewer than 1,000 people died in a single day, according to CDC Director Rochelle Walensky.
— Chris Megerian (@ChrisMegerian) March 10, 2021
Shipping ports are experiencing severe backlogs due to an export crisis triggered by pandemic-driven shopping habits. Worker shortages caused by illness, combined with increased demand for imported goods, have led to congestion at ports. Port authorities hope for some relief by summer.
We are aware that more transmissible variants of the virus are spreading across the U.S. Florida serves as a key indicator of what might happen elsewhere—so far, the situation doesn’t look overly dire. However, we must remain vigilant, as early data suggests that the UK variant may be deadlier:
Florida is our bellwether for the B.1.1.7 strain. A week ago it accounted for ~40% of infections, now it's clearly >50% and dominant. So far, no spike in cases. All good so far; keep watching closely.
— Dr. Anthony Fauci (@DrFauci) March 11, 2021
As always, stay safe and informed!
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