World News: 11 August 2022

Historic drought threatens to cripple European trade
The Rhine — a pillar of the German, Dutch and Swiss economies for centuries — is set to become virtually impassable at a key waypoint later this week, stymieing vast flows of diesel and coal. The Danube, which snakes its way 1,800 miles through central Europe to the Black Sea, is gummed up too, hampering grain and other trade.

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Disney overtakes Netflix in battle for subscribers
The firm reported 221.1 million subscribers across its three streaming platforms at the start of July. That put it just ahead of Netflix, which has been losing customers. But Disney warned that its loss of streaming rights for cricket in India would reduce its subscriber growth compared to previous forecasts.

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African wildlife parks face climate, infrastructure threats
The at-risk parks stretch all the way from Kenya in the east — home to Tsavo and Nairobi national parks — south to the Mkomazi and Serengeti parks in Tanzania, the Quirimbas and Gorongosa parks in Mozambique and the famous Kruger National Park in South Africa, and west to the Kahuzi Biega, Salonga and Virunga reserves in Congo.

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Satellite data finds landfills are methane 'super emitters'
Scientists used satellite data from four major cities worldwide — Delhi and Mumbai in India, Lahore in Pakistan and Buenos Aires in Argentina — and found that emissions from landfills in 2018 and 2019 were 1.4 to 2.6 times higher than earlier estimates.

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OPEC, in contrast to IEA, sees lower 2022 oil demand growth
"Global oil market fundamentals continued their strong recovery to pre-COVID-19 levels for most of the first half of 2022, albeit signs of slowing growth in the world economy and oil demand have emerged," OPEC said in the report. OPEC cut its 2022 global economic growth forecast to 3.1% from 3.5% and trimmed next year to 3.1%, saying that the prospect of further weakness remained.

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Cancellation of Atlanta festival sparks new fight over guns
Beyond the immediate fallout, the fight also added to a disconnect between Georgia's heavily Democratic capital city and the GOP-controlled state Legislature that has recently expanded gun rights and restricted abortion and voting access. State leaders butted heads with huge Atlanta-based firms Delta Air Lines and Coca-Cola over the voting changes, which the companies called “unacceptable.”

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