Current Events

Final Project
Social Science 9A
 Project Dates

Sign-up for a Country Turn in your Slides Link

By end of class on Wed. 11/10/21 Due by 11:59 pm on Mon. 11/15/21

3 Current Events Present to your Class

Check-in by end of class of Fri. Assigned appointments
11/12/21 Tues. 11/16 to Thurs. 11/18
 Current Events in
“Insert Country Name”
Your Name
Date
 Title
Date of News Article Link to source of information

● Use Bullet Points for Information

● Limit amount of text on each page so it

looks clean and easy to read

● Easily legible type:

○ Contrasting color from background

○ Large Enough Font Size (Ex: this is

14 pt and the title is 28 pt)
Current Events in
the U.S.A
By: Miss Laughlin
11/02/21
 U.S. Current Events

01 US-Taiwan Military Contact

10/22/21

02 Climate Poses ‘Emerging Threat’ to Financial System

10/21/21

03 Goods Stuck in Ships in La

11/2/21
 US-Taiwan Military Contact
10/22/2021 https://www.cnn.com/2021/10/21/politics/taiwan-china-biden-town-hall/index.html
 US-Taiwan Military Contact
10/22/2021 https://www.cnn.com/2021/10/21/politics/taiwan-china-biden-town-hall/index.html

● Taiwan's status and its relationship to the US are a point of

disagreement in the increasingly tense US-China relationship.

● China has increased military overflights into Taiwan's airspace

→

● US lawmakers expressed concern about Beijing's aggressive

behavior

○ US expects that China might act aggressively against

Taiwan as it did to Hong Kong
 US-Taiwan Military Contact
10/22/2021 https://www.cnn.com/2021/10/21/politics/taiwan-china-biden-town-hall/index.html

● President Joe Biden said the US was committed

to coming to Taiwan's defense if it comes
under attack from China.

● President Tsai Ing-wen became the 1st

Taiwanese leader in decades to confirm
publicly the presence of US troops for training
purposes.
 US-Taiwan Military Contact
10/22/2021 https://www.cnn.com/2021/10/21/politics/taiwan-china-biden-town-hall/index.html

China's Foreign Ministry Response:

"China urges the US to strictly abide by the
one-China principle and the provisions of the
China-US Three Joint Communiqués, be cautious in
its words and deeds on the Taiwan issue, and refrain
from sending any wrong signals to the separatist
forces of Taiwan independence, so as not to seriously
damage China-US relations, peace and stability
across the Taiwan Strait.”
 U.S. Warns Climate Poses ‘Emerging Threat’ to Financial System
10/21/2021 https://www.nytimes.com/2021/10/21/us/politics/climate-change-cost-us.html

People sift through debris at a damaged home after Hurricane Laura made landfall in Cameron Parish, La., on Aug. 27.
Bryan Tarnowski / Bloomberg via Getty Images file
 U.S. Warns Climate Poses ‘Emerging Threat’ to Financial System
10/21/2021 https://www.nytimes.com/2021/10/21/us/politics/climate-change-cost-us.html

● Financial Stability Oversight Council report claimed that

climate change is an “emerging threat” to the stability of
the U.S. financial system.

● Biden administration’s series of reports on the threat that

climate change poses to national security

Treasury Secretary Janet L. ○ increases the risks of conflict within and between
Yellen, who leads the Financial
Stability Oversight Council, countries
released the report.
Credit… Stefani Reynolds for The ○ potentially displace tens of millions of people around
New York Times
the world
 U.S. Warns Climate Poses ‘Emerging Threat’ to Financial System
10/21/2021 https://www.nytimes.com/2021/10/21/us/politics/climate-change-cost-us.html

Points Made in the Report:

1. Higher temperatures

→ more natural disasters, such as

hurricanes, wildfires and floods.

→ damaged property, lost income and

disruptions to business activity that
threaten to alter how assets, such as real
estate, are valued.
Damage to a neighborhood in Queens from the remnants of
Hurricane Ida in September. Credit… Benjamin Norman for
The New York Times
 U.S. Warns Climate Poses ‘Emerging Threat’ to Financial System
10/21/2021 https://www.nytimes.com/2021/10/21/us/politics/climate-change-cost-us.html

Points Made in the Report:

2. At the same time, the move away from fossil

fuels
→ a sudden drop in the price of stocks and other
assets tied to oil, gas, coal and other energy
companies
→ hurt the stock market, retirement savings
and other parts of the financial sector.
 U.S. Warns Climate Poses ‘Emerging Threat’ to Financial System
10/21/2021 https://www.nytimes.com/2021/10/21/us/politics/climate-change-cost-us.html

Points Made in the Report:

3. low-income communities and people of color

are disproportionately at risk from climate
change
○ lack the resources to protect their

properties and weather a loss of income.

→ This threatens to exacerbate income
inequality in the United States.
 U.S. Warns Climate Poses ‘Emerging Threat’ to Financial System
10/21/2021 https://www.nytimes.com/2021/10/21/us/politics/climate-change-cost-us.html

Report Recommendations:

● Formation of a financial risk committee

● more rigorous analysis of the effects of climate

change on the insurance industry
● coordination with climate experts to better
understand the emerging threat.
● SEC requiring companies and banks to disclose
climate change risks.
 Goods Stuck in LA Container Ships
11/02/2021 https://www.businessinsider.com/goods-stuck-in-la-containers-cover-3000km-end-to-end-2021-11

Container ships at the congested Port of Los Angeles in September 2021. Mike Blake/Reuters
 Goods Stuck in LA Container Ships
11/02/2021 https://www.businessinsider.com/goods-stuck-in-la-containers-cover-3000km-end-to-end-2021-11

● More than 70 container ships are stuck off the

Southern California coast amid the supply chain
crisis.

● They're carrying 20-foot containers that are full

of goods waiting to be unloaded.

● Laid out end to end, these products would stretch

from Southern California to Chicago, a
Bloomberg analysis found.
 Goods Stuck in LA Container Ships
11/02/2021 https://www.businessinsider.com/goods-stuck-in-la-containers-cover-3000km-end-to-end-2021-11

The Global Supply Chain Crisis:

● In early 2020, COVID-19 shutdowns severely disrupted the
supply chain and demand fell.
● Demand has surged since late 2020 and the weakened supply
chain can’t keep up.
● Virus-mitigation is limiting efforts to return the supply chain
to pre-pandemic levels
● Shortage of on-dock workers and truck drivers
Questions or Comments?