Is It Really Hot?

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Temperatures in some places crossed forty eight degrees celsius. This is the highest temperature since records began a hundred 22 years ago, and it doesn't look like its easing. The past couple of months have been hotter than usual in south asia. And with temperatures expected to rise again this week end, there are fears this extreme heat could become a new normal.

Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Much of India is suffering through a particularly blistering and costly heatwave. And Indonesians’ love of songbirds is threatening wild bird populations within and beyond Indonesia itself. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer