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"Floods and drought highlight summer of climate truth Published: 31/07/2012 at 01:46 AMNewspaper section: News For years, climate scientists have been warning the world that the heavy use of fossil fuels (coal, oil, and natural gas) threatens the world with human-induced climate change. The rising atmospheric concentration of carbon dioxide, a byproduct of burning fossil fuels, would warm the planet and change rainfall and storm patterns and raise sea levels. Now those changes are hitting in every direction, even as powerful corporate lobbies and media propagandists like Rupert Murdoch try to deny the truth. In recent weeks, the United States has entered its worst drought in modern times. The Midwest and the Plains states, the country's breadbasket, are baking under a massive heat wave, with more than half of the country under a drought emergency and little relief in sight. Halfway around the world, Beijing has been hit by the worst rains on record, with floods killing many people. Japan is similarly facing record-breaking torrential rains. Two of Africa's impoverished drylands _ the Horn of Africa in the East and the Sahel in the West _ have experienced devastating droughts and famines in the past two years: the rains never came, causing many thousands to perish, while millions face life-threatening hunger. Scientists have given a name to our era, the Anthropocene, a term built on ancient Greek roots to mean "the Human-dominated epoch" _ a new period of earth's history in which humanity has become the cause of global-scale environmental change. Humanity affects not only the earth's climate, but also ocean chemistry, the land and marine habitats of millions of species, the quality of air and water, and the cycles of water, nitrogen, phosphorus, and other essential components that underpin life on the planet. For many years, the risk of climate change was widely regarded as something far in the future, a risk perhaps facing our children or their children. That

Fortune favours the big Jul 12th 2012, 15:45 by The Economist online Where are the biggest companies in the world WHEN RANKED by revenue America has almost twice as many companies in the biggest 500 than any other country, according to Fortune. This is not solely down to its size; America's ratio of companies to people is also striking. It has one company on Fortune's list for every 2.4m people, only a handful of European economies do better. China is moving in on America's spot though. In 2005 the Middle Kingdom housed only 16 of the biggest firms. This year it has 73-more than Japan. In contrast to the American way, China's government has a hand in most of its biggest firms. The highest ranked is Sinopec, an oil producer, which came in fifth. A look at the ratio of big firms to GDP highlights the places where tax is low and business is easy to do. Luxembourg (not shown) does best with 34 companies per trillion dollars, followed by Switzerland and Taiwan. All 500 firms on the list racked up combined revenue of $29trn. From this $1.6trn was profit, about the same as Australia's GDP.

WICHIT CHAITRONG THE NATION May 11, 2012 1:00 am

"The table below provides the actual ranking scores for the top 25 global cities. (It also compares the updated 2015 rankings to their previous 2012 rank)."