Hard Numbers: Earth sets gloomy climate record, China’s economy deflates, US Marines found dead, Nigeria faces off with Ivory Coast

February 08, 2024

A warning sign alerts visitors of the extreme heat dangers at Badwater Basin, the lowest point in North America at 279 feet below sea level, in Death Valley National Park, California, U.S. August 17, 2020.

REUTERS/David Becker

1.5: The world experienced its first 12-month period (Feb. 2023 - Jan. 2024) in which average global temperatures were more than 1.5 degrees Celsius above pre-industrial levels, according to the European Union's Copernicus Climate Change Service. This, combined with last month being the warmest January on record, has climate scientists ringing alarm bells.

15: While much of the world is suffering under the weight of inflation, China is battling deflation. Prices in the country have fallen to their lowest level in 15 years. China’s consumer price index fell 0.8% year-over-year in January, as Beijing struggles to rebound from a tanking stock market, collapsing foreign investment, declining exports, and its property sector in freefall.

5: Five US Marines were confirmed dead in California on Thursday, after the helicopter they were in crashed not far from San Diego early Wednesday during a routine training flight. President Joe Biden said he and first lady Jill Biden are “heartbroken” and extended their “deepest condolences to their families, their squadron, and the US Marine Corps.”

7,000,000: Nigeria will face off against host nation Ivory Coast in the Africa Cup of Nations final on Sunday. Apart from being crowned the champions of Africa’s most prestigious soccer tournament, the winning team takes home $7 million.

25 or 50? Jobs report likely to influence magnitude of Fed’s rate cut

Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021.

Graeme Jennings/Pool via REUTERS

Uncertainty will be high as the markets open today. Selloffs in the US market this week have raised recession fears while investors await the release of Friday’s US jobs report.

Hard Numbers: Earth sets gloomy climate record, China’s economy deflates, US Marines found dead, Nigeria faces off with Ivory Coast

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Uncertainty will be high as the markets open today. Selloffs in the US market this week have raised recession fears while investors await the release of Friday’s US jobs report.

Hard Numbers: Earth sets gloomy climate record, China’s economy deflates, US Marines found dead, Nigeria faces off with Ivory Coast

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

More from GZERO Media

Friday’s new US jobs report showed that unemployment ticked down to 4.2% and employers added 142,000 jobs in August, lower than the 161,000 expected.

Former President Donald Trump’s sentencing in his New York hush-money case, which had been scheduled for Sept. 18, has been delayed until after Election Day.

An American woman was fatally shot at a protest against settlement expansion in the Israeli-occupied West Bank on Friday, the State Department confirmed.

What on Earth is going on in Brazil? The world’s richest man, Elon Musk, is locked in a high-profile, increasingly nasty clash with Latin America’s largest economy, which has recently banned Musk’s X platform.

GZEROMEDIA

Subscribe to GZERO Media's newsletter: Signal

Here’s a breakdown of the corridor’s significance and the implications of Netanyahu’s stance.

Honduran President Xiomara Castro faced calls to resign on Wednesday after journalists released a video of her brother-in-law negotiating payoffs with convicted drug traffickers.

US Secretary of State Antony Blinken visited Haiti for the first time on Thursday, underscoring American support for the struggling Caribbean government and the Kenyan-led security mission meant to stabilize the country.

Just as jury selection was about to start for his federal tax evasion trial, Hunter Bidenhas offered to plead guilty in a last-ditch effort to avoid a costly and potentially damning public trial.

Uncertainty will be high as the markets open today. Selloffs in the US market this week have raised recession fears while investors await the release of Friday’s US jobs report.