John Detrixhe Future

As temperatures rise, Thailand’s Chao Phraya basin faces dual threats—severe floods are growing more likely at the same time that climate change is putting people living there at higher risk of drought. To help the area adapt, a $34 million project, financed by the Green Climate Fund, is scheduled to wrap up in the summer of 2022 to improve water management and protect farmers in the Yom and Nam sub-river basin.

When the omicron variant started making headlines and stocks hit the skids on Nov. 26, some traders posting on Reddit’s WallStreetBets group said it was a Black Friday sale. Were corporate shares really on discount? Redditors aren’t the only ones looking to buy the dip, as the investing strategy is known. Multiple surveys indicate that the covid-19 pandemic enticed a new generation of traders (pdf).

Index funds have humbled the financial masters of the universe. But they’re still not sexy. That’s a shame because index funds have revolutionized the financial world. As trillions of dollars flow into funds that mimic a broad swath of assets (like a stock index) instead of those run by human money managers, investors have gotten superior returns on their savings while paying almost nothing for the privilege.