The effects of rising temperatures continue to take a toll in several countries. Some 20,000 residents from the city of Yellow-knife and surrounding areas in the Northwest Territories of Canada are being evacuated, because of the threat of wildfires. As of last Friday, these fires were within ten miles of the city. They have since crossed over to British Columbia, a neighbouring province to the south where a state of emergency has been declared and some 35,000 residents ordered to evacuate their homes. And in the Hawaiian island of Maui, the death toll from wildfires has risen from 80 to 111.
In last week’s article, we discussed Guyana’s elevation to the status of a high income economy, its increased borrowing limits and the implications for the country’s public debt. Today’s article concludes our discussion on the subject.