July 29 Deadline: The No. 1 Monthly Dividend ETF

It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before July 29, you'll secure a payout of $2.05 PER SHARE!

Heavy snows and drought of deadly 'dzud' kill more than 7 million head of livestock in Mongolia

ANIRUDDHA GHOSAL
June 12, 2024

HANOI, Vietnam (AP) -- An extreme weather phenomenon known as the dzud has killed more than 7.1 million animals in Mongolia this year, more than a tenth of the country's entire livestock holdings, endangering herders' livelihoods and way of life.

Dzuds are a combination of perennial droughts and severe, snowy winters and they are becoming harsher and more frequent because of climate change. They are most associated with Mongolia but also occur in other parts of Central Asia.

Many deaths, especially among malnourished female animals and their young, occur during the spring, which is the birthing season.

Herding is central to Mongolia's economy and culture -- contributing to 80% of its agricultural production and 11% of GDP.

In Mongolian, the word dzud means disaster. Dzuds occur when extremely heavy snows cause impenetrable layers of snow and ice to cover Mongolia's vast grasslands, so the animals cannot graze and they starve to death. Drought at other times of the year means there's not enough forage for the animals to fatten up for the winter.

Dzuds used to occur once in a decade or so but are becoming harsher and more frequent because of climate change. This year's dzud is the sixth in the past decade and the worst yet. It followed a dzud last year and a dry summer. Snowfall was the heaviest since 1975.

The toll on Mongolia's herds has soared, with 2.1 million head of cattle, sheep and goats dead in February, rising to 7.1 million in May, according to state media.

Thousands of families have lost over 70% of their entire herds. And the total death toll may increase to 14.9 million animals, or nearly 24% of Mongolia's total herd, said Deputy Prime Minister S. Amarsaikhan, according to state media.

Nomadic herding is so vital for resource-rich Mongolia's 3.3 million people that its constitution refers to the country's 65 million camels, yaks, cattle, sheep, goats and horses as its "national wealth."

Livestock and their products are Mongolia's second-largest export after mining, according to the Asian Development Bank.

"The loss of the livestock has dealt an irreversible blow to economic stability and intensified the people's already dire circumstances," Olga Dzhumaeva, the head of the East Asia delegation at International Federation of Red Cross and Red Crescent or IFRC, said in an interview with The Associated Press.

High costs for fuel, food and fodder made the situation much worse for herders like Gantomor, a 38-year-old herder in mountainous Arkhangai province. Like many Mongolians, he goes by one name.

Warnings of a dzud prompted Gantomor to sell his entire flock of about 400 sheep. He only kept his sturdier yaks and horses, hoping that that he'd be able to take them to pastures that wouldn't be as badly affected, said his sister-in-law, Gantuya Batdelger, 33, a graduate school student.

Even after spending more than $2,000 to transport the remaining 200-odd animals 200 kilometers (124 miles) to a place he thought would be safer, he didn't escape the dzud. Seventy yaks died and 40 horses left the herd, leaving him with less than 100. "By selling the sheep, (the family) had wanted to save some money. But they spent all of it," said Batdelger.

Batdelger's brother-in-law was better off than others. A friend had all but 15 of her 250 yaks die.

The Mongolian countryside was filled with hundreds of carcasses, piling up in the melting snow, she said.

Disposing of the carcasses quickly to ensure they don't spread diseases is another big challenge. By early May, 5.6 million, or nearly 80%, of the dead animals had been buried.

Warmer temperatures can bring forest fires or dust storms. Heavy runoff from melting snow increases the risk of flash floods, especially in urban areas. Many pregnant stock, weakened from the winter, lose their offspring, sometimes because they cannot adequately feed them, said Matilda Dimovska, the UNDP's resident representative in Mongolia.

"It's really devastating to see, how (the baby animals) cry for food," she said.

The dzud is a perfect example of how interlinked climate change is with poverty and the economy, she said. Herders who lose their herds often migrate to cities like the capital, Ulaanbaatar, but find few opportunities for work.

"They enter into the cycle of poverty," she said.

The increasingly routine nature of the dzuds has raised the need for Mongolia to develop better early warning systems for natural disasters, said Mungunkhishig Batbaatar, the country director of the nonprofit People in Need.

Combining technology with community-level approaches works best: "It is estimated that countries with limited early warning coverage have disaster mortality that is eight times higher than countries with substantial to comprehensive coverage," he said.

Meanwhile, international aid has been "very insufficient," said Dzhumaeva. An IFRC appeal launched in mid-March has not reached even 20% of its target of 5.5 million Swiss Francs ($6 million). Budgets strained by urgent responses to crises like Ukraine or Gaza are a factor, she said, "But this leaves little room for addressing the devastating effects of dzud in Mongolia."

Mongolia needs help but it also needs to adapt to dzuds with strategies such as better weather forecasting and measures to stop overgrazing. Herders need to diversify their incomes to help cushion the impact of livestock losses.

Khandaa Byamba, 37, a camel herder who lives in Dundgobi province in Mongolia's Gobi Desert said in an online interview that she has learned from her elders and also the hard experience of repeated dzuds.

Seeing early signs of yet another dzud, she let her camels wander, relying on their own instincts to find pastures. The family earlier decided to just herd camels to cope with climate change, drought and deteriorating pastures that have been turning into deserts. Khandaa Byamba's husband followed the animals for the first 100 kilometers (62 miles) while she stayed behind with some younger animals.

As the snow piled up, other families reported losing scores of animals. But after the winter, most of her camels returned. They only lost three adult camels and 10 younger ones in their herd of more than 200.

"This year has been the hardest," she said.

______

The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Continue Reading...

Popular

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Top 3 Materials Stocks That May Explode In Q2

Here's the latest list of major oversold players in this sector, having an RSI near or below 30.

Former CIA Insider: Biden Wants Backroom Deal For Pardon? - Ad

A former CIA insider just made a stunning prediction: Is Biden making a backroom deal... To drop out of the presidential race... In exchange for a pardon for his crimes? This would create a rare economic phenomenon... The little-known "Chaos Rally". Good Americans who know exactly what to do could potentially collect huge financial gains.

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 6% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

What's Going On With Taiwan Semi Stock On Wednesday?

Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.

Ecuador stops waiving visas for Chinese nationals because of an increase in irregular migration

QUITO, Ecuador (AP) — Ecuador on Tuesday announced the suspension of an agreement with China that had waived visas for Chinese citizens traveling to the South American country, citing a “worrying” increase in irregular migration.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?

Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.

Bankruptcy judge approves sale of Express Inc to group led by WHP Global

NEW YORK (AP) — A U.S. bankruptcy judge has approved the sale of the majority of 's operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores.

Discover "U.S.'s New Money" Before Biden Wins - Ad

A new form of money has emerged in America, and it's making some folks wildly rich... (Musk and Bezos both use it). Find out how you can too in this free video.

Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon

Snowline Gold Corp announces highly anticipated initial assessment for Valley deposit in Yukon Territory, Canada, with significant potential for growth and future development.

Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900

Reddit users debate best stock picks for $4.9K investment. Microsoft and Amazon seen as strong choices, while Palantir's potential sparks debate.

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

Federal appeals court says some employers can exclude HIV prep from insurance coverage

NEW ORLEANS (AP) — Employers who challenged some federal cannot be forced to provide no-cost coverage for certain types of preventive care, including HIV prep and some kinds of cancer screenings, a federal appeals court in New Orleans ruled Friday.

Big Tech Is Spending Billions Each Month on This AI Superproject - Ad

Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.

Aerial drone likely launched by Yemen's Houthi rebels hits ship in the Red Sea

DUBAI, United Arab Emirates (AP) — An aerial drone likely launched by struck and damaged a vessel in the Red Sea on Sunday, officials said, the latest attack by the group targeting the vital maritime corridor.

US suspends inspections of avocados, mangoes in Mexico's Michoacan state over security concerns

MEXICO CITY (AP) — The United States government has suspended inspections of avocados and mangoes in the Mexican state of Michoacan due to security concerns, an official said Monday.

Something BIG's About to Happen in America - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

This week's televised debate is crucial for Biden and Trump — and for CNN as well

NEW YORK (AP) — Joe Biden and Donald Trump won't be alone at . Moderators Dana Bash and Jake Tapper of CNN will be on camera, too, and there's a lot on the line for their network as it fights for relevance in a changing media environment.

US Banks Bump Up Dividends Following Fed's Successful Stress Test

Several prominent U.S. banks have declared their intentions to raise their dividends for Q3, following their successful performance in the Federal Reserve's annual stress test.

Get This Bitcoin ETF Before July 29 (18%+ Dividend Yield Up for Grabs) - Ad

A massive Bitcoin dividend was just announced... And if you act today, you'll receive $2.05 per SHARE. That's 161% BIGGER than the highest-yielding dividend aristocrats... But you have to get in before the July 29 cutoff date.

Malaysia Airlines flight to Bangkok makes a U-turn due to a pressurization issue

KUALA LUMPUR, Malaysia (AP) — Malaysia Airlines said one of its flight en route to Bangkok had to make a U-turn back to Kuala Lumpur International Airport on Monday after experiencing a “pressurization issue.”

Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details

The NTSB's action further strains the relationship between Boeing and government agencies, amid the planemaker's efforts to avoid criminal charges from the U.S. Department of Justice (DOJ) before a July 7 deadline.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

CDC Advisor Panel Recommends RSV Shots In US For People Above 75 Years, Analyst Says Decision Negative For GSK

The CDC's ACIP recommends RSV vaccines for adults 75+, and for those 60-74 with chronic conditions. GSK's Arexvy is approved for adults 50-59 at risk. A decision on adults 50-59 is pending further data.

A Missouri mayor says a fight over jobs is back on. Things to know about Kansas wooing the Chiefs

TOPEKA, Kan. (AP) — A plan in Kansas for luring the Kansas City's two major league sports franchises from Missouri has prompted their hometown's mayor to declare that the move ends a 5-year-old agreement by the states not to poach each other's jobs.

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Wheels Up Stock Is Rallying Tuesday: What's Driving The Action?

Wheels Up Experience Inc (NYSE:UP) shares are surging. The company on Tuesday announced a new streamline product portfolio in connection with Delta Air Lines Inc (NYSE:DAL), a strategic partner of the on-demand private aviation company.

Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition

The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Stock markets buckle from Paris to Mumbai under stress of election results: Will the US be next?

NEW YORK (AP) — Elections have consequences for financial markets. But what that means for investors is often hard to predict.

The World's First Trillion Dollar Drug - Ad

By 2030, Wall Street experts predict it could generate more revenue than the top 10 best-selling drugs... combined. Early investors stand to reap tremendous rewards as its growth surges 75,000% by 2030. Former hedge fund manager Ian King predicts this could become the world's first trillion-dollar drug. And he's recommending 3 little-known stocks to play this fast-moving trend.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service