energy crisis

The World Economy Faces a Crisis of Disintegration as The Workforce Ages

The World Bank warned in March that the impact of an aging workforce on the global economy continues to intensify. In Japan and South Korea, due to the rapid increase in the proportion of the elderly population and the lack of a young labor force, the economic growth rate has been significantly dragged down. China, the United States, and many European countries are facing the problem of an increasing retirement population, but there is a shortage of a replaceable labor force.

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Europe faces Worst Drought in 500 years, Energy and Food Shortage. Rhine may be Suspended

European Drought Observatory survey shows that the UK and 60% of EU countries are facing severe drought. The main reason is that the abnormally high temperature and the sudden drop in precipitation brought about by climate change have left many countries in a state of water shortage aggravating the drought problem. Food, energy, water conservancy transportation, and ecology are greatly affected, and the Rhine is on the verge of a crisis of suspension.

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