As extreme heatwaves scorch different parts of the world, people are increasingly turning to cooling systems such as air conditioning. But the debate over whether air conditioning is a necessity, a luxury, or an ecological threat remains unresolved. A commentary by Chelsea Follett for the Cato Institute and a study published on EconStor titled “Rising danger of air conditioners: A necessity or…

The Iran war is showing why the Philippines can’t afford to neglect its farmers
A war thousands of kilometers away is beginning to ripple through something as basic as the Filipino dining table. The conflict involving Iran has pushed oil prices higher, disrupted key shipping routes, and strained global supply chains—especially for fertilizer, a critical input for food production. Farmers are already feeling the pressure. Fertilizer prices have surged by as much as 30% to 40%,…