Profitloss Centerstage Events

UN scientists warning that AI data centers are rapidly increasing global water stress took centerstage on Thursday, 04 June, 2026 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 1

Malaysia enforces a nationwide ban on social media accounts for children under 16...

Malaysia enforces a nationwide ban on social media accounts for children under 16, targeting major platforms with over 8 million Malaysian users, including Facebook, Instagram, TikTok, and YouTube. Platforms must verify users’ ages through government-issued records and face fines of up to 10 million ringgit for non-compliance. Existing underage users receive time to retrieve their data before suspension. The policy aims to reduce child exploitation, cyberbullying, scams, and screen addiction, while critics warn it may push teens toward unsafe online spaces.

Monday, 1 June, 2026

Russia’s crude oil exports rise further...

Russia’s crude oil exports rise to a post-invasion high of 3.46 million barrels per day in 2026, supported by Middle East fuel disruptions and reduced domestic refining. Drone attacks on Russian refineries lower fuel processing, forcing more raw crude into export markets. At the same time, the Iran war and Strait of Hormuz disruption push buyers toward Russian supply. Moscow’s fossil fuel revenues jump sharply, while tax income also rises. Shadow tankers, Asian demand, and EU loopholes continue to help Russia move oil despite sanctions.

Tuesday, 2 June, 2026

World Meteorological Organization flags red...

The WMO confirms an 80% chance of El Niño developing between June and August 2026, with scientists warning it may intensify into a “Super El Niño” by late 2026. Rising Pacific temperatures threaten droughts across Brazil, southern Africa, Southeast Asia, and Central America, while increasing flood risks in the southern US, Peru, and East Africa. The crisis worsens as the US-Iran conflict disrupts fertilizer routes through the Persian Gulf. Crop failures, livestock stress, export bans, and higher input costs now threaten global food supplies and supermarket prices into 2027–2028.

Wednesday, 3 June, 2026

Global water stress increases on Water Demand

UN scientists warn that AI data centers are rapidly increasing global water stress as demand for generative AI expands. A UNU-INWEH report projects data center water use to rise from 4.5 trillion liters in 2025 to 9.3 trillion liters by 2030. AI facilities consume water through cooling systems, electricity generation, and semiconductor manufacturing. Many centers are located in already water-stressed regions, creating competition with households and agriculture. Tech firms are testing closed-loop and liquid-cooling systems, but regulators are urged to control data center placement and resource use.

Thursday, 4 June, 2026

Baku, Azerbaijan hosts World Environment Day...

World Environment Day is observed on June 5 as the UN’s main platform for global environmental awareness and action. In 2026, Baku, Azerbaijan hosts the celebrations under the theme “Inspired by Nature. For Climate. For Our Future,” focusing on nature-based climate solutions. UNEP promotes the #NowForClimate campaign to turn climate concerns into local action. Azerbaijan highlights emission cuts and renewable energy goals, while global initiatives include wildlife reintroduction, public climate messaging, and green campaigns.

Friday, 5 June, 2026

Google signs a $30 billion deal with SpaceX to lease computing power...

Google signs a $30 billion deal with SpaceX to lease computing power, paying about $920 million per month until June 2029. The agreement follows SpaceX’s February 2026 acquisition of xAI, which gives the company access to major US data centres, including its large “Colossus” infrastructure. The deal marks a reversal from earlier years, when Google supplied computing support to SpaceX’s Starlink operations. It also comes just before SpaceX’s planned IPO and follows a similar computing arrangement with Anthropic in May.

Saturday, 6 June, 2026

Israel launches airstrikes on central and western Iran...

Israel launches airstrikes on central and western Iran after Iran fires missiles toward Israel, marking the first major exchange since the April ceasefire. The escalation begins after Israel strikes Beirut’s southern suburbs on Sunday, prompting Iran’s Revolutionary Guards to call their missile attack a warning. Explosions are reported in Iranian cities including Isfahan, Karaj, Tabriz, and Tehran, while Iran closes airspace around Imam Khomeini International Airport. Israel says its air force targets Iranian military sites and its air defences intercept incoming missiles.

Sunday, 7 June, 2026