The cattle industry and rainforest destruction are inextricably intertwined. While Brazilian beef makes its way to plates around the world, the Amazon is paying the price.
The world’s biggest beef producer, JBS, markets itself as a friend of the environment and says it’s committed to ridding its supply chain of animals born or raised on deforested land in the Amazon trib.al/5QAmrf9
But the beef industry’s aggressive expansion is overwhelmingly responsible for the rainforest’s destruction, and JBS has bought more cattle coming out of the biome than any other company trib.al/5QAmrf9
JBS’s supply chain is entrenched in a part of the Amazon that’s been largely cut down to make way for cattle. Alerts from Brazil’s national space research agency show a cumulative 8.2 million hectares of clear-cutting since 2009 trib.al/5QAmrf9
When JBS says it sets the highest standards for its suppliers, it’s based on a greenwashed version of an animal’s origin and a legal system so full of loopholes that prosecutors, environmentalists, and even the ranchers themselves consider it a farce trib.al/5QAmrf9
A Bloomberg analysis of more than 1.5 million deliveries and mapping files shows just how far the Brazilian beef giant’s supply chain reaches into the world’s largest rainforest trib.al/5QAmrf9
The Amazon is nearing a tipping point as deforestation is at a 15-year high—and parts of it now dump more carbon dioxide into the air than it can absorb.
THREAD) 1. This is the moment when Japan started releasing treated nuclear water from its Fukushima plant into the Pacific Ocean.
The plan, part of the clean up of the worst atomic accident since Chernobyl, faces a persistent backlash despite reassurances trib.al/HwwSGL6
2) Some 1.3 million metric tons of wastewater — enough to fill about 500 Olympic-size swimming pools — will be discharged slowly over about the next 30 years.
👇A visual guide on how Japan is making the water safe enough to flush into the sea trib.al/77DowLx
3) Japan says that the water release is necessary, as storage tanks are forecast to hit capacity early next year.
Bloomberg energy reporter @SStapczynski says that such practice is "common within the nuclear industry and can be done safely" trib.al/ZypYNGL
🇨🇳THREAD: 1) Investors hailed 2023 as the year China's economy — unshackled from the world’s strictest Covid controls — would roar back.
They're still waiting https://t.co/eSOEuoJYWDtrib.al/X4xL8Hl
2) China is facing many problems: sluggish consumer spending, a crisis-ridden property market, record youth unemployment and towering local government debt.
And that's bad news for the world, impacting everything from commodity prices to equity markets trib.al/X4xL8Hl
3) More Chinese are seeing their incomes dropping and expect housing prices to fall in the coming three months, a worrying sign for the struggling economy trib.al/P59Ks5X
DEVELOPING: Putin has denounced a rebellion by forces loyal to the powerful head of the Wagner mercenary group Yevgeny Prigozhin as “treason” and threatened “harsh” punishment.
Follow this thread for the latest as the feud erupts into revolt
In a sudden and dramatic escalation of the feud between Prigozhin and Russia’s defense establishment, Wagner allegedly took over military offices in Rostov-on-Don, where the defense ministry’s southern military district headquarters are located https://t.co/Tparln0P1Rtrib.al/PYkx78w
Putin threatened the group with “harsh” consequences.
The unfolding events are the biggest sign of revolt against Putin since he started a war against Ukraine, and arguably the biggest challenge to his decades-long leadership. @RosMathieson has more
THREAD: 1) Nvidia has become the poster child for how to make money in AI — and its CEO just unveiled more AI products after a $184 billion rally.
Here's what's new about the world’s most valuable chipmaker ⬇ trib.al/hn3OWSH
2) Nvidia’s new lineup includes an AI supercomputer platform, which aims to help tech companies create successors to ChatGPT, CEO Jensen Huang said at the Computex show in Taiwan
3) Nvidia is also looking to change how people interact with video games.
A service called Nvidia ACE for Games will use AI to enliven background characters and give them more personality trib.al/hn3OWSH
🧵 Counting is underway in Turkey's runoff election, with President Erdogan taking an early lead against challenger Kilicdaroglu.
🇹🇷 Follow this thread for #TurkeyElections updates and market reactions
Recep Tayyip Erdogan, Turkey's longest-serving leader, is ahead with 56.4% of the votes with nearly half of all ballot boxes counted, according to state-run news agency Anadolu.