Economy & Business

"Covid-19 and climate change are testing a food system that critics say has lost its resilience."

"The great price collapse of 2020 will topple companies and transform states."

"Plummeting global demand for fish and seafood as a result of the coronavirus crisis is likely to create an effect similar to the halt of commercial fishing during World Wars I and II, when the idling of fleets led to the rebound of fish stocks."

"The Trump administration is considering paying U.S. oil producers to leave crude in the ground to help alleviate a glut that has caused prices to plummet and pushed some drillers into bankruptcy."

"Clean energy industries lost more than 106,000 jobs last month due to the novel coronavirus pandemic and could end up shedding over 15% of their entire workforce this quarter, according to a report released yesterday."

"A new alliance of ministers, chief executive officers and researchers urged the European Union to build its recovery package after the coronavirus crisis around the Green Deal strategy of sustainable growth."

"Energy advocates and their congressional allies are highlighting the mounting economic fallout from COVID-19 as negotiations on another limited round of stimulus appeared to struggle over the weekend."

"The nation’s food supply chain is showing signs of strain, as increasing numbers of workers are falling ill with the coronavirus in meat processing plants, warehouses and grocery stores."

"Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees and warned the country was moving “perilously close to the edge” in supplies for grocers."