FT News Briefing Droughts grip large parts of the globe
Aug 22, 2022
Apple employees are resisting the company's push to return to the office, highlighting the shift towards remote work flexibility. Meanwhile, severe droughts around the world are crippling agriculture and affecting transportation, particularly in China. The impact on economies is alarming, prompting urgent calls for water conservation. In sports, discussions arise around Sir Jim Ratcliffe's interest in buying Manchester United, as fan frustrations with the current ownership bubble to the surface amid questions about the club's future.
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Flexible Work at Apple
- Apple employees are petitioning for location-flexible work.
- They argue they've maintained high productivity while working remotely.
Economic Impact of Droughts
- Severe droughts are impacting global economies, affecting transportation, production, and agriculture.
- Low water levels on rivers like the Yangtze and Rhine disrupt cargo shipping and hydropower generation.
UK Drought Impacts
- July was the driest month on record in the UK, leading to a drought declaration in parts of England.
- Farmers are using winter feed early due to dying grass and face difficulty planting autumn crops.