✅The worst drought Italy has faced in 70 years is thirsting paddy fields in the river Po valley and jeopardizing the harvest of the premium rice. ✅Italy’s largest river is turning into a long stretch of sand due to the lack of rain, leaving the Lomellina rice flats — nestled between the river Po and the Alps — without the necessary water to flood the paddies. ✅The lack of rainfall has brought governors of various Italian regions to declare a state of emergency in order to conserve water and coordinate the management of minimal resources. ✅The region’s main water sources, the rivers Po and Dora Baltea, are eight times lower than the average seasonal levels.
▪️Po River Basin
âś…The Po River is the longest river in Italy (661 km) âś…It originates from Pian del Re of Monte Viso, and flows eastward till the Adriatic Sea near Venice âś…The basin population is close to 17 million inhabitants, almost 1/3 of the population of Italy.
✅The worst drought Italy has faced in 70 years is thirsting paddy fields in the river Po valley and jeopardizing the harvest of the premium rice. ✅Italy’s largest river is turning into a long stretch of sand due to the lack of rain, leaving the Lomellina rice flats — nestled between the river Po and the Alps — without the necessary water to flood the paddies. ✅The lack of rainfall has brought governors of various Italian regions to declare a state of emergency in order to conserve water and coordinate the management of minimal resources. ✅The region’s main water sources, the rivers Po and Dora Baltea, are eight times lower than the average seasonal levels.
▪️Po River Basin
âś…The Po River is the longest river in Italy (661 km) âś…It originates from Pian del Re of Monte Viso, and flows eastward till the Adriatic Sea near Venice âś…The basin population is close to 17 million inhabitants, almost 1/3 of the population of Italy.
BY Mapping
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Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time.
Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.
Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.
