The FINANCIAL -- For the first time a new study has confirmed droughts across the world are developing more rapidly as a result of climate change. The international study identifies flash droughts – which intensify in a matter of weeks – have become more frequent since the late 1950s over 74% of the world’s 33The FINANCIAL -- For the first time a new study has confirmed droughts across the world are developing more rapidly as a result of climate change. The international study identifies flash droughts – which intensify in a matter of weeks – have become more frequent since the late 1950s over 74% of the world’s 33 » The FINANCIAL Reports