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Floods in Indonesia's Capital Displace Thousands

Thousands of people were evacuated in Indonesia's capital Jakarta on Tuesday after floods swamped the region, officials said, with heavy rain expected to continue until next week. Torrential rain since Monday has triggered floods of up to 3-metres (yards) in and around Jakarta, blocking some roads and submerging over 1,000 houses and many cars. The country's weather agency warned that heavy rain is forecast to hit the capital and surrounding cities until March 11.

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Cyclone Alfred Stalls Off Australia's East as Millions Brace for Impact Δ1.77

Cyclone Alfred stalled off Australia's east coast on Thursday, with officials shutting down airports, schools, and public transport while residents stockpiled supplies and sandbagged homes against flooding expected when the category-two storm hits. The Bureau of Meteorology revised its landfall forecast to Saturday morning near Brisbane, Australia's third-most populous city, bringing heavy rain, flooding, and damaging wind across the border regions of Queensland and New South Wales. Residents are bracing for a prolonged period of heavy rainfall and life-threatening flash flooding in northern New South Wales.

Argentina Floods Kill At Least 10 In Bahia Blanca Port City Δ1.77

Severe flooding in Bahia Blanca, Argentina, triggered by heavy rainfall, has resulted in at least 10 fatalities and significant destruction, including collapsed roads and bridges. Over 260 millimeters of rain fell in just a few hours, prompting extensive evacuations and the deployment of military resources to assist affected residents. The Argentine government has allocated 10 billion pesos in financial aid to support recovery efforts in the port city, which houses around 300,000 people.

Thousands of Australians Without Power as Storm Alfred Lashes Queensland Δ1.76

A significant storm system, downgraded from a tropical cyclone, has left over 316,000 residents in Queensland without power due to damaging winds and heavy rainfall, particularly affecting the Gold Coast. Prime Minister Anthony Albanese has warned of serious conditions, including flash flooding and strong winds, while the Bureau of Meteorology predicts ongoing adverse weather patterns. As recovery efforts begin, the state is assessing the impact on schools and infrastructure, highlighting the community's resilience amidst the challenges.

Cyclone Alfred Downgraded as Millions of Australians Stay Indoors Δ1.75

Ex-tropical cyclone Alfred has been downgraded to a tropical low as it approaches the southeast Australian coast, providing some relief to Brisbane residents who are expected to avoid the storm's worst impacts. Thousands have evacuated, and significant power outages are reported, along with warnings from officials about severe weather conditions expected to escalate in the coming days. Prime Minister Anthony Albanese highlighted the serious nature of the cyclone's effects, urging citizens to remain indoors as the storm continues to bring strong winds and heavy rainfall.

Earthquake of Magnitude 5.57 Strikes Seram, Indonesia Δ1.74

An earthquake of magnitude 5.57 struck Seram in Indonesia on Monday, the German Research Center for Geosciences (GFZ) said. The quake was at a depth of 10 km, causing potential tsunamis and landslides in the region. Emergency responders are assessing damage and providing aid to affected areas.

Indonesia Sees Deflation Reading for First Time in Over Two Decades. Δ1.72

Indonesia's consumer price index fell 0.09% year-on-year in February, marking the first annual measure of deflation since March 2000. This decline was largely driven by a 50% discount on electricity tariffs and lower prices of certain food products such as rice, tomatoes, and red chillies. The government's intervention to boost economic growth appears to have succeeded in reducing inflation.

Cyclone Garance Brings Destruction to French Island of La Reunion Δ1.71

The cyclone made landfall in the north of the Indian Ocean island, causing widespread damage and disruption. Cyclone Garance brought strong winds that blew away roofs, cut power, and left many residents without access to drinking water. The storm has also disrupted essential services and transportation.

Cyclone Looms as Aussie Staple Disappears From Shop Shelves Δ1.71

Panic buying has struck supermarkets across South East Queensland amid forecasts of Tropical Cyclone Alfred crossing the east coast, leaving shelves bare of essential items like bottled water, eggs, milk, and bread. Supermarkets are struggling to keep up with demand for these staples, leading some customers to resort to panic buying in preparation for possible supply outages ahead of the category 1 system intensifying off the coast. As the cyclone approaches, residents are being urged to prepare for intense rainfall and damaging winds.

Cyclone Garance Strikes La Reunion, Claims Four Lives Δ1.70

At least four people died after cyclone Garance struck the French overseas territory of La Reunion on Friday, bringing wind speeds of up to 155 kph (96 mph), local authorities said on Saturday. The cyclone made landfall in the north of the Indian Ocean island, causing widespread damage and disrupting essential services such as electricity and water supply. The situation remains precarious, with thousands of residents being sheltered in centres and many more affected by the storm.

Avalanche Hits Indian Mountain State Trapping 41 Δ1.70

At least 41 people remain trapped under snow after an avalanche struck the Indian Himalayan mountain state of Uttarakhand, authorities said on Friday, following recent heavy snowfall in the region. The avalanche occurred near a highway in the state's Chamoli region, adjoining Tibet, and less than 5 km from the Hindu temple of Badrinath. At least sixteen workers had so far been rescued, but the search for the remaining three was ongoing due to rain and snowfall hindering rescue work.

Greek Government Faces No-Confidence Vote Over Deadly 2023 Train Crash Δ1.69

The Greek government faces a no-confidence vote this week over a deadly 2023 train disaster, days after protests brought the country to a standstill to press their demands for political accountability. Hundreds of thousands of people took to the streets on Friday to mark the second anniversary of the country's worst rail crash, demanding justice for the victims. Fifty-seven people, most of them students, were killed in the disaster.

Power Largely Back After Outage Hit Honduras Δ1.68

Power was largely back in Honduras early Saturday afternoon, after a blackout struck the country earlier, Ministry of Energy Erick Tejada said. The national power disruption affected Honduras with a total blackout in the control area of the country, but 90% of energy demand is now reportedly restored. Information is still being gathered to find the origin of the failure that led to the outage.

Clearance of Palestinian Refugee Camps in the West Bank Δ1.68

Israeli troops have demolished houses and cleared a wide roadway through the Nur Shams refugee camp in the occupied West Bank, forcing tens of thousands of Palestinians from their homes. The operation, which has emptied some of the biggest refugee camps in the northern West Bank, appears to be a trial run for wider clearances later. The Israeli military's actions have drawn widespread international criticism and come amid heightened fears among Palestinians of an organized effort by Israel to formally annex the West Bank.

Attack on Iran's Nuclear Sites Would Contaminate Gulf Water Supply, Qatar PM Says Δ1.68

Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani has warned that an attack on Iran's nuclear facilities would "entirely contaminate" the waters of the Gulf and threaten life in Qatar, the UAE, and Kuwait. The three desert states rely on desalinated water from the Gulf for their only supply of potable water, leaving them vulnerable to contamination. An attack on Iran's nuclear sites could have catastrophic consequences for the region, potentially killing millions and causing widespread devastation.

South Sudan Detains Oil Minister and Military Officials in Threat to Peace Deal Δ1.68

The detentions of the petroleum minister and senior military officials follow intense fighting in Nasir, a strategic northern town, jeopardizing a peace deal that ended a five-year civil war. South Sudanese forces have deployed troops around Machar's residence, despite his ability to travel to his office on Wednesday morning. The arrests are likely to further destabilize the fragile peace that has maintained a delicate balance among competing armed leaders since 2018.

Amazon Unveils AI Scheme to Tackle Flood Risks in Spain's Aragon. Δ1.68

Amazon will use artificial intelligence to reduce flood risks in Spain's northeastern region of Aragon where it is building data centres. The tech giant's cloud computing unit AWS plans to spend 17.2 million euros ($17.9 million) on modernising infrastructure and using AI to optimise agricultural water use. Amazon aims to deploy an early warning system that combines real-time data collection with advanced sensor networks and AI-powered analysis.

Gaza Aid Stockpiles Limited After Israel Cuts Flows. Δ1.67

Food, medicine, and shelter stockpiles in Gaza are limited, and aid intended for Palestinians in desperate need may spoil due to Israel's suspension of deliveries. The suspension has raised concerns about the impact on the two million Palestinians still suffering from shortages of essential goods following 16 months of war. The humanitarian situation in Gaza is further exacerbated by price increases, which are creating fear and uncertainty among Gazans.

Israel's Halt to Food and Aid Deliveries Worsens Gaza Conditions Δ1.67

The suspension of goods entering Gaza is taking a toll on the Palestinian enclave, with bakeries closing, food prices rising, and a cut in electricity supply that could deprive people of clean water. The U.N.'s UNRWA says most of Gaza's 2.3 million people were dependent on aid, which now threatens their lives due to dwindling supplies. The Palestinian Water Authority warns that the decision will result in environmental and health risks.

Greece Faces Social Unrest After Deadly Train Crash Protest Δ1.67

Protesters in Greece are taking to the streets once again, this time over a 2023 train crash that killed 57 people, most of them students. Tensions between demonstrators and police have escalated into violent clashes, with riot police using force to disperse crowds. The government's handling of the crisis is under scrutiny, with opposition parties calling for a censure motion against the centre-right administration.

Hamas Moves to Control Prices in Gaza Amidst Israeli Block on Deliveries Δ1.67

Hamas-run police have been deployed in local markets across Gaza, asserting their presence and questioning merchants over price increases amid Israel's block on deliveries into the war-stricken territory, which has led to fears of food shortages. The suspension of aid and goods delivery by Israel has disrupted humanitarian efforts, including plans for Ramadan meals at soup kitchens, where residents have had to rely on alternative dishes due to high meat prices. The crisis in Gaza highlights the vulnerability of the population amidst a prolonged conflict.

Malaysia's Palm Oil Stocks Hit Nearly 2-Year Low in Feb as Output Drops Δ1.67

Malaysia's palm oil stocks fell to their lowest level in 22 months in February, dropping 4.31% from the previous month to 1.51 million metric tons, according to the Malaysian Palm Oil Board. The decline was caused by floods that disrupted production, resulting in a decrease of crude palm oil production to its lowest level in three years. Despite the drop, the ongoing supply tightness is likely to support prices due to stagnant production and a premium for palm oil over soyoil.

Centrelink $1,000 Cash Boost Announced for Aussies Impacted by Critical Event Δ1.67

The Australian government has announced plans to give one-off Centrelink payments of $1,000 to those affected by ex-Tropical Cyclone Alfred, targeting individuals who have been severely impacted by the disaster and require immediate financial assistance. The payment is expected to be activated as "expeditiously" as appropriate, with a focus on providing support to those who have lost their income and are unable to work due to the cyclone. The government aims to provide relief to those affected, including individuals, families, and businesses impacted by the disaster.

Neom's Futuristic City Plans Taken over by Financial Disaster, Except for Mckinsey & Co Δ1.67

Neom's massive, 105-mile-long linear city project has become a financial sinkhole due to delays and cost overruns. The project, which was initially envisioned as a futuristic, carbon-neutral hub, is now projected to take another 55 years to complete and will likely cost $8.8 trillion, exceeding Saudi Arabia's annual budget by more than 25 times. The internal audit presented to Neom's board last summer revealed the bleak financial outlook, raising concerns about the project's viability.

Iran's Economy in Shambles as Parliament Ousts Minister Δ1.67

Iran's parliament has voted to remove the country's Economy Minister Abdolnaser Hemmati from office over mismanagement of the economy and a plunging national currency, state media reported. The decision comes amid a crisis in Iran's economy, which has seen its currency lose close to half of its value against the US dollar in just eight months. The vote reflects growing concerns about the government's ability to manage the country's economy and address rising poverty.

East Congo Rebels Abduct At Least 130 Hospital Patients, UN Says Δ1.67

M23 rebels abducting hospital patients is a stark reminder of the devastating humanitarian consequences of armed conflict in east Congo. The Tutsi-led rebel group's ongoing advance into the region has already displaced nearly half a million people and killed over 7,000 since January. As the situation on the ground continues to deteriorate, the international community must consider the long-term implications of supporting or backing groups like M23.