One-third of the American population is currently under heated riseries from the National Weather Service. Japan and much of China have seen incredibly high record temperatures. The European Space Agency says that this week may be the hottest ever recorded on the continent. Why it's happening simultaneously all around the world, particularly this week, not quite sure we are.
Europe, America and Asia are all enduring scorching heatwaves, air temperatures are repeatedly breaking records and the health impacts are alarming. But is the worst yet to come? Why risky assets are proving more resilient than investors expected despite war, inflation and the threat of recession (10:10). And Europe says farewell to its symbolic small cars (16:50).
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