ºìÌÒÊÓƵ Blog Archive December 2022

This week marks the end of the Michigan State University Fall 2022 semester. Our student blog writers will be leaving the university campus for our winter break, and will be returning at the beginning of January. Over break, our team members will be traveling and spending time celebrating the holidays.

We would like to acknowledge a graduating student and our ºìÌÒÊÓƵ blog editor, Chloe Jaessing. Chloe is graduating this December with a Major in Finance from the Broad College of Business. She has been tirelessly working to keep the ºìÌÒÊÓƵ blogs up-to-date for all of our readers. To read some of Chloe’s blogs throughout the years, click here.

The ºìÌÒÊÓƵ blog will return January 16th, 2023. In the meantime, we hope our readers continue to enjoy all the other areas of the ºìÌÒÊÓƵ website!

As agricultural growth ramps up, drought continues to worsen. This is especially prominent in the Southwest regions of the United States as they face the worst drought in . Rural communities in La Paz County, Arizona have been noticing water disappearing left and right. The water workers in Wenden, Arizona are reporting that they have "" as they noticed moving water in a well where the water is typically still. This massive underground reservoir stores water built up over thousands of years and was  to be moving due to someone pumping it rapidly out of the ground. With further research, it was found that there was a neighboring well belonging to , a United Arab Emirates-based company that was pulling this water for its own benefit.

Since 2007, the Gaza Strip has been burdened by a land, air, and sea imposed by Israel. Gaza is a self-governing territory but was in 1967, leading to intense restrictions that have cut Gaza off from hospitals, banks, religious practices, and other essentials in the community. The primary goal of this blockade has been to of materials that Gazans could use for military use. For fishermen needing to travel through the Gaza Strip and buy necessary fishing equipment, these restrictions are severely limiting their ability to work in this industry.

COP 27, which stands for “”, is a yearly conference in which leaders from across the world meet to discuss different topics within climate change. This year, the conference took place from  in Egypt and saw , making it the second-largest COP in history. Specifically, there were record numbers of attendees from  and small, less-developed countries and islands, which helped give them a bigger voice at this year’s conference.

The Eurozone is seeing a drop in inflation – this comes as a since the war in Ukraine set off record-high energy and food prices. Inflation has been increasing in months prior, even when the U.S. rate was after July. With this increase in inflation throughout the bloc, the European Central Bank (ECB) increased its key interest rate "."