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reuters.com

Focus: Historic drought, hot seas slow Panama Canal shipping (www.reuters.com)

The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Maritime transportation experts fear such events could become the new normal as rainfall deficits in the world’s fifth-wettest country spotlight climate risks affecting the ocean shipping industry that moves 80% of...

China approves expansions at three nuclear power plants (www.reuters.com)

Nuclear power generation has a considerably smaller carbon footprint than fossil fuel plants, but can dispatch power more consistently and reliably than weather-dependent renewable sources such as wind or solar. Source post: reuters.com/…/china-approves-expansions-three-nuc…...

Biden vowed to reform immigration detention. Instead, private prisons benefited (www.reuters.com)

The stalled reform coincided with a boom in private prison revenues from ICE contracts during the Biden administration and an increase in the percentage of detainees being held in private facilities, according to an analysis of ICE data by the American Civil Liberties Union (ACLU) shared exclusively with Reuters.

Fitch highlighted Jan. 6 insurrection in talks with Treasury ahead of US downgrade (www.reuters.com)

In a move that took investors by surprise, Fitch downgraded the United States to AA+ from AAA on Tuesday, citing fiscal deterioration over the next three years and repeated down-to-the-wire debt ceiling negotiations that threaten the government’s ability to pay its bills.

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