Global sea surface temperatures have been at a particular record high since April in the North Atlantic. Not having a cool ocean means that cooler air cannot flow into some of the areas in the Mediterranean, which is contributing to why they are so excruciatingly hot. In the oceans around Florida and the Gulf of Mexico, they've recorded temperatures in the mid 30 degrees Celsius range. This Economist podcast is sponsored by Turo.
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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