Summer heat’s toll on Europe: 50,000 deaths and a €17 billion GDP hit
The Japan Times's headline. Reported by The Japan Times, NDTV.
What the sources say, in brief
According to The Japan Times, a study found that summer heat in Europe caused around 50,000 deaths and a €17 billion GDP hit, with almost two-thirds of heat-linked deaths would not have happened without climate change. NDTV reported the same 50,000 deaths figure but gave the economic cost as nearly $19 billion, rather than €17 billion. NDTV said the study covered 854 cities in 30 countries across the EU, the UK, Switzerland and Norway. The two outlets agree on the death toll but differ on the currency and figure used for the economic cost. Neither excerpt gives further detail on the methods or timeframe of the study.
Key points
- The Japan Times reported that the study linked about 50,000 deaths to high summer temperatures in Europe.
- The Japan Times said almost two-thirds of the heat-linked deaths would not have happened without climate change.
- NDTV reported that the study covered 854 cities in 30 countries.
- NDTV said the countries covered include the EU, the UK, Switzerland and Norway.
Sources differ: The Japan Times gives the GDP hit as €17 billion, while NDTV gives it as nearly $19 billion.
Generated from the headlines and excerpts below and checked automatically: any number or name not present in the sources rejects the summary, and each bullet is checked the same way. Version 1.
Summer heat’s toll on Europe: 50,000 deaths and a €17 billion GDP hit. According to The Japan Times, a study found that summer heat in Europe caused around 50,000 deaths and a €17 billion GDP hit, with almost two-thirds of heat-linked deaths would not have happened without climate change. NDTV reported the same 50,000 deaths figure but gave the economic cost as nearly $19 billion, rather than €17 billion. NDTV said the study covered 854 cities in 30 countries across the EU, the UK, Switzerland and Norway. The two outlets agree on the death toll but differ on the currency and figure used for the economic cost. Neither excerpt gives further detail on the methods or timeframe of the study. Covered by 2 publications. The Japan Times: Summer heat’s toll on Europe: 50,000 deaths and a €17 billion GDP hit. NDTV: 50,000 Deaths, Nearly $19 Billion GDP Hit: What Extreme Summer Cost Europe.
Who is covering it
- The Japan Times Japan Summer heat’s toll on Europe: 50,000 deaths and a €17 billion GDP hit Almost two-thirds of the deaths linked to high summer temperatures would not have happened without climate change, a study showed. 25 Oct · Tier 2
- NDTV India 50,000 Deaths, Nearly $19 Billion GDP Hit: What Extreme Summer Cost Europe The study covered 854 cities in 30 countries across the EU, UK, Switzerland and Norway. 23 Oct · Tier 3
Headlines and excerpts are the publishers' own, shown under quotation for review and linked to the originals.
More from Business
Fed holds fire on interest rates despite intensifying inflation
According to the South China Morning Post, the US Federal Reserve on Wednesday held interest rates steady at a target range of 3.75 to 4.00 per cent, in line with market expectations, days before midterm elections where inflation has been a key issue. The Financial Times reported the Fed will vote on monetary policy seven times next year, down from eight. The New York Times reported that Chairman Kevin M. Warsh cited an information-rich period before the December meeting. CNBC reported two of the 12 voters dissented, both wanting a quarter-point rate rise. The vote was 10-2, according to the South China Morning Post. CBS News and IOL also reported the hold. TVC News reported analysts expected the hold, with markets pricing in at least one rate hike before year-end. Summary from 8 sources
Sources differ: TVC News described the hold as expected by analysts ahead of next week's meeting, while the South China Morning Post reported it as already decided on Wednesday.
Summary from 8 sources Financial Times first also South China Morning Post, The New York Times, TVC News, CBS News and 2 more
Europe’s central bank chief Christine Lagarde to step down nine months early
According to the Korea Times, ECB President Christine Lagarde will resign on February 7, nine months ahead of the end of her eight-year term, the ECB said Thursday. Al Jazeera English and Punch also reported the February departure, and The Guardian said she is stepping down to speak her mind about world affairs. The New York Times reported that the plan sets in motion a selection process among European leaders for a new central bank president. DW News reported that European Council President Antonio Costa said the process to find a successor is underway. The story is developing. Summary from 9 sources
Sources differ: Punch gives the departure date as February 7, 2027, while other outlets say only February.
Summary from 9 sources The Guardian Business first also Al Jazeera English, The New York Times, DW News, CNBC World and 2 more
Andy Burnham admits he would have liked more radical first budget
Prime minister says room for manoeuvre was limited by geopolitical crises and Labour’s 2024 manifesto Andy Burnham has admitted his first budget as prime minister was not as radical as he would have liked because of the economic uncertainty facing the country. He said he would have liked to have gon Excerpt, The Guardian Business
Source The Guardian Business