The waters of southern California historically warm every few years. But the marine heatwave that started last fall wasn’t caused by tropical currents. Photograph: Kevin Carter/Getty Images
Researchers warn the high-pressure conditions could disrupt marine life and ecosystems if it continues
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The waters of southern California historically warm every few years as tropical currents make their way north, a phenomenon known as El Niño. But the marine heatwave that started last fall wasn’t caused by tropical currents. Instead, a high-pressure atmospheric system – think of calm, sunny days – has perched above southern California, warming both air and sea above historic levels. The same phenomenon has helped fuel a ferocious California heatwave on land.
The extended ocean warming has drawn comparisons to “the Blob”, a three-year marine heatwave caused by similar prolonged high-pressure conditions a decade ago that devastated marine life. The next few weeks are likely to determine whether this marine heatwave fizzles out or evolves into something more Blob-like, scientists say.
“The biggest concern is how the year plays out,” Andrew Leising, an oceanographer with the National Oceanic and Atmospheric Administration, said. “We could be looking at much larger impacts next fall and winter, if it stays warm and then it’s followed by a strong El Niño.”
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Prolonged ocean heat has a devastating impact on phytoplankton and can cause harmful algal blooms. Those changes can wreak havoc on many forms of marine life, from sea lions and dolphins, to shore birds and halibut. The Blob years led to one of the worst Dungeness crab seasons in recent history, said Melissa Carter, a researcher at the UC-San Diego Scripps Institution of Oceanography.
Such heatwaves are becoming more common and lasting longer, partly because of the slow warming of the oceans driven by the climate crisis, and partly because of atmospheric changes that scientists are still struggling to understand.
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Seven Mile Beach on Grand Cayman on the Cayman Islands is photographed on March 18, 2026. (Photo by mtcurado/Getty Images)
A decade after the Panama Papers, the global rich are still hiding more than $2.8 trillion in tax havens. Just a fraction of that money could end extreme hunger and provide clean water to everyone on Earth.
The richest 0.1% of people on Earth are hiding more than $2.8 trillion in offshore accounts to avoid taxes. That money alone is more wealth than is owned by the entire bottom half of humanity, more than 4.1 billion people.
These findings were published in a report released Thursday by Oxfam International on the 10th anniversary of the 2016 Panama Papers, which provided an unprecedented look at how the world’s most powerful capitalists, financiers, political leaders, celebrities, and criminals exploited offshore tax havens to stash their money.
“Ten years on, the superrich are still sequestering oceans of wealth in offshore vaults,” said Christian Hallum, Oxfam International’s tax lead.
The percentage of untaxed wealth in offshore accounts has dropped in the past 10 years, in large part due to global reforms like the adoption of the Organization for Economic Cooperation and Development’s Automatic Exchange of Information framework (AEOI), which allows revenue authorities around the world to easily share information and crack down on cheats.
However, many nations in the Global South are excluded from this system, even though they need the tax revenue the most.
Oxfam found that a staggering $3.5 trillion, more than 3.2% of the global gross domestic product, still remains in untaxed accounts. That’s more than the entire GDP of France and is more than twice the combined wealth of the world’s 44 poorest nations.
And while the percentage of untaxed wealth is shrinking, that doesn’t mean inequality has shrunk.
On the contrary, the December 2025 “World Inequality Report” found that the richest 0.001% of humanity—fewer than 60,000 multimillionaires and billionaires—now have three times as much wealth as the poorest half of the world’s population combined.
Inequality has surged around the world in part due to taxation policies and pandemic recovery packages that overwhelmingly favor the rich. The most glaring was adopted in the world’s financial hub, the United States, last year.
The megabudget passed by Republicans and signed into law by President Donald Trump handed a $1 trillion tax cut to America’s wealthiest 1% while slashing more than $1 trillion in spending from Medicaid, food assistance, and other safety net programs. It has been described by some economists as the largest upward transfer of wealth in US history.
While the global top 0.1% holds about 80% of untaxed offshore wealth, an even smaller group of uber-wealthy individuals does most of the cheating. The world’s richest 0.01%, who hold at least $50 million apiece, control about half of all money in global tax shelters—$1.7 trillion.
According to the Tax Justice Network’s Corporate Tax Haven Index, Caribbean islands under UK ownership, including the British Virgin Islands, the Cayman Islands, and Bermuda, are among the worst offenders. Other notable tax havens include Switzerland, Singapore, Hong Kong, Ireland, and the Netherlands.
A February Oxfam report on Elon Musk, who is well on his way to becoming the world’s first trillionaire, found that his company, Tesla—which managed to pay zero dollars on its $2.3 billion income in 2024—has not published a country-by-country report on its taxes and that it has subsidiaries in many countries considered to be tax havens.
Big Pharma companies, including AbbVie and Merck, also used tax shelters to lower their total tax expense in 2025 by more than $1 billion, according to a report released earlier this month by the Financial Accountability & Corporate Transparency Coalition.
“This isn’t just about clever accounting—it’s about power and impunity,” Hallum said. “When millionaires and billionaires stash trillions of dollars in offshore tax havens, they place themselves above the obligations that bind the rest of society.”
“The consequences are as predictable as they are devastating,” he continued. “We see our public hospitals and schools starved of funds, our social fabric shredded by rising inequality, and ordinary people forced to shoulder the costs of a system rigged to enrich a tiny few.”
Even a fraction of the money currently stashed away by the world’s wealthiest could alleviate untold amounts of suffering.
In November, the United Nations’ World Food Program estimated that extreme hunger, which currently affects more than 318 million people around the world, could be eradicated by 2030 with investments of about $93 billion per year, but that global hunger programs instead remain “slow, fragmented, and underfunded.”
According to a 2021 UN Educational, Scientific, and Cultural Organization (UNESCO) report, investments of around $114 billion per year would similarly be enough to ensure that everyone on Earth has access to safe drinking water and sanitation.
Oxfam called on governments around the world to increase coordination to prevent the wealthy from hiding their riches from tax authorities. It also urged them to adopt more aggressive policies to tax the 1%’s wealth at home, including taxes on income and on extreme wealth.
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The UK avoided the need for gas imports worth £1bn in March 2026 thanks to record electricity generation from wind and solar, reveals Carbon Brief analysis.
Wind generation hit a new record for the month of March on the island of Great Britain, up 38% year-on-year, while solar nearly matched the output of last year’s exceptionally sunny spring.
Together, wind and solar generated 11 terawatt hours (TWh) of electricity in March 2026, up a combined 28% and setting a new record for the month, as shown in the figure below.
Monthly generation from wind and solar in terawatt hours on the island of Great Britain (England, Scotland and Wales), which has a separate electricity system from the island of Ireland, which includes Northern Ireland. Source: National Energy System Operator (NESO) and Carbon Brief analysis.
This record wind and solar output avoided the need to import 21TWh of gas – roughly 18 fully loaded tankers of liquified natural gas (LNG) – which would have cost around £1bn at current high prices due to the Iran war.
(This is based on gas costing 130p per therm, or £44 per megawatt hour, compared with the range of 120-170p per therm seen over the past month.)
At the same time, the record output from wind and solar saw electricity generation from gas falling 25% year-on-year in March 2026 to the lowest level ever recorded for the month.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
An F15 fighter jet landing at RAF Lakenheath, Suffolk
ANTI-WAR protesters set up an international peace camp at RAF Lakenheath today amid evidence that US nuclear weapons have arrived at the base.
Organised by Lakenheath Alliance for Peace, of which CND is a member, the camp is protesting against US B61-12 nuclear bombs at the site.
The camp, which began with a 24-hour vigil, is also highlighting its role in facilitating Israel’s genocide in Gaza and the ongoing illegal attacks on Iran.
CND ad vans will tour around East Anglia, including at towns and villages near the base, to demand PM Sir Keir Starmer kick out US President Donald Trump’s nukes from Britain.
The camp is also calling on communities to join a major Give Peace a Chance demonstration and blockade at RAF Lakenheath from noon this Saturday.
CND general secretary Sophie Bolt said: “Over 60 per cent of the British population oppose the deployment of these US nuclear weapons in Britain.
“With the reckless leadership of Donald Trump, they put us on the front line of his devastating wars.
“Both RAF Lakenheath and nearby RAF Mildenhall have been heavily involved in the ongoing illegal attacks of Iran.
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A fisherman moves his fishing boat in a harbor in the Gulf of Paria, an inlet of the Caribbean Sea, on November 4, 2025, in Port of Spain, Trinidad and Tobago. (Photo by Joe Raedle/Getty Images)
“When unlawful force is repeated over time, it risks becoming normalized.”
The Trump administration’s most recent attack on a boat in the Caribbean, which killed four people last week, “highlights a sustained pattern of unlawful use of lethal force outside any context of armed conflict, amounting to extrajudicial executions,” Human Rights Watch said on Tuesday.
The US militaryannounced last Wednesday that it had conducted its 47th attack on boats in the Caribbean and eastern Pacific. The Trump administration has presented little evidence for its claim that the targeted boats have been engaged in trafficking drugs to the United States. At least 163 people have been killed in these attacks since September 2025, all of them without trial.
Human Rights Watch is part of a chorus of international organizations and observers that have condemned the boat bombing campaign as acts of murder in flagrant violation of international law.
“These strikes aren’t one-off incidents, they’re part of a pattern of using military force where the law does not permit it, over and over again,” said Sarah Yager, Washington director at Human Rights Watch. “The fact that these strikes have faded from public attention does not make these violations any less grave or unlawful.”
The organization noted that there is no ongoing military conflict in the Caribbean or eastern Pacific that would make those traveling by boat legitimate targets.
And while the US government has provided scant evidence that those it has killed were trafficking drugs, Human Rights Watch said that even if evidence of drug trafficking existed, suspected criminals are still not lawful targets of lethal force unless they pose an imminent threat to the lives of others.
The boat strikes have continued in the background as President Donald Trump has launched attacks against Venezuela and Iran, both of which international organizations have described as acts of aggression that violate the laws of war.
Trump has also enacted a crippling economic blockade of Cuba with the explicit goal of toppling its government so the US can “take” the island, and has previously threatened to use economic leverage or the US military to forcibly annex Greenland.
“When unlawful force is repeated over time, it risks becoming normalized,” Yager said. “That’s dangerous because it opens the door to using lethal force whenever and wherever a government wishes and without constraints.”
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An F15 fighter jet landing at RAF Lakenheath, Suffolk
