The German economy lost momentum in 2022 as the country faced multidecade high inflation rates as energy prices soared, posing challenges for its key industrial sector.
The eurozone’s largest economy expanded 1.9% in 2022 compared with a year earlier, according to preliminary data published Friday by Germany’s statistics office Destatis. This marks a slowdown from the 2.6% expansion registered in 2021, when the economy rebounded from 2020’s pandemic-driven contraction.
Economists expect the German economy to slow down further in the months ahead. Still, recently declining energy prices and easing concerns about energy rationing have improved the economy’s short-term outlook, with any upcoming downturn likely to be shallow.
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Another Year of Record Heat for the Oceans - Advances in Atmospheric SciencesChanges in ocean heat content (OHC), salinity, and stratification provide critical indicators for changes in Earth’s energy and water cycles. These cycles have been profoundly altered due to the emission of greenhouse gasses and other anthropogenic substances by human activities, driving pervasive changes in Earth’s climate system. In 2022, the world’s oceans, as given by OHC, were again the hottest in the historical record and exceeded the previous 2021 record maximum. According to IAP/CAS data, the 0–2000 m OHC in 2022 exceeded that of 2021 by 10.9 ± 8.3 ZJ (1 Zetta Joules=1021 Joules); and according to NCEI/NOAA data, by 9.1 ± 8.7 ZJ. Among seven regions, four basins (the North Pacific, North Atlantic, the Mediterranean Sea, and southern oceans) recorded their highest OHC since the 1950s. The salinity-contrast index, a quantification of the “salty gets saltier—fresh gets fresher” pattern, also reached its highest level on record in 2022, implying continued amplification of the global hydrological cycle. Regional OHC and salinity changes in 2022 were dominated by a strong La Niña event. Global upper-ocean stratification continued its increasing trend and was among the top seven in 2022. The alarm was sounded in the 60s and they never turned it off. Probably all the Chem trails.. Shits not good for the environment..
Source: physorg_com - 🏆 388. / 55 Read more »
2022 was the 5th warmest year on record, adding further evidence of climate changePlanet Earth experienced its fifth-warmest year in recorded history in 2022, adding to a streak in which the last eight years have each been the eight hottest on record, thanks to climate change caused by the burning of fossil fuels. Bullshit. Climate change is a hoax and we live on a flat earth and deep underground military bases exist and space is fake and ghey and GOD IS REALLY THE ONE AND ONLY CREATOR. Jesus is the savior. AMEN 🙏
Source: WOKVNews - 🏆 247. / 63 Read more »