FEDS Note: A News-Based Approach to Measuring Shortages and Their Effects on the Global Economy
Dario Caldara and Matteo IacovielloThe conflict in the Middle East has severely constrained global supplies of oil and natural gas. The conflict is also disrupting the provision of other inputs critical to global supply chains, such as naphtha and fertilizers…
"And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet."
Global activity summary (24h)
In the last 24 hours, 13 seismic events have been recorded, including a magnitude 6.0 earthquake north of Caluula, Somalia, and another of magnitude 4.9 near Houma, Tonga. Additionally, there have been 72 disaster-related events, notably multiple forest fires in the Democratic Republic of the Congo, Angola, Mozambique, Zambia, Tanzania, and Namibia, which have been active since mid-August. In the realm of conflicts, 4 events have been documented, although details have not been specified. The passages in Matthew 24 and Luke 21 invite the reader to discern.
Last 24 hours — Conflict
Russia says it could hit UK military targets over supply of missile technology to Ukraine – as it happened
Aug 27, 2:41 PM UTC · Ukraine
Russia warns Britain is ‘playing with fire’ over its support of Ukraine
Aug 27, 11:34 AM UTC · Ukraine
Ukraine’s drone attacks have left Russia desperately scrambling for oil imports
Aug 27, 8:00 AM UTC · Ukraine