Greg Abbott Blasted Corpus Christi for Its Water Crisis. A River Authority He Has Power Over Is Falling Apart. — ProPublica

Texas Gov. Greg Abbott responded with fury after Corpus Christi officials announced in March that this Gulf Coast region of more than 500,000 people could face unprecedented restrictions as its water supply dried up. The state had already committed over $750 million in low-interest loans to the city’s plans for a desalination plant, a project…

Greg Abbott Blasted Corpus Christi for Its Water Crisis. A River Authority He Has Power Over Is Falling Apart. — ProPublica

Venezuelans search more earthquake ruins as attention turns to humanitarian crisis

LA GUAIRA, Venezuela — With the window for finding survivors shrinking fast, Venezuelans combed Monday through more ruins of buildings toppled by last week’s powerful back-to-back earthquakes, and attention turned to the country’s humanitarian crisis that could persist for years. Relief organizations say the first 72 hours after a natural disaster is the most crucial…

Venezuelans search more earthquake ruins as attention turns to humanitarian crisis

Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis

Warnings from the Bank of International Settlements, even though written in dry economese, are worth heeding. It was the BIS, specifically Willam White and Claudio Borio, who identified dangerously elevated housing prices in many markets. Alan Greenspan pooh poohed their concerns. Better credentialed economist similarly dismissed White and Borio because all they had was empirical…

Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis