The 2024 Atlantic hurricane season is shaping up to be exceptionally active, with forecasts predicting 17-25 named storms, including 8-13 hurricanes and 4-7 major hurricanes. This surge in activity is driven by unusually warm Atlantic waters and El Niño conditions.

Hurricanes are becoming increasingly expensive for the US, with recent storms like Ian in 2022 and Ida in 2021 causing over $113 billion and $75 billion in damages, respectively. This trend is exacerbated by climate change, which intensifies storms and raises sea levels, amplifying coastal flooding.

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Microsoft is advancing its efforts to eliminate single-use plastics across its global packaging portfolio through material innovation and design changes across products like Surface and Xbox. By rethinking how packaging works—from cushioning to coatings and structural components—the company is reducing waste and demonstrating how design decisions at scale can deliver meaningful sustainability impact. Last week, Microsoft marked a key milestone in reducing single-use plastic in its packaging to just 0.07%, reflecting significant progress toward its broader commitment to become a zero-waste company by 2030. Read the full story here.

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In this “ask ian,” Ian Bremmer says the United Arab Emirates’ decision to withdraw from OPEC reflects a broader erosion of trust in longstanding institutions amid growing regional instability.