Return of El Niño Threatens New Levels of Economic Destruction

Return of El Niño Threatens New Levels of Economic Destruction
As the world struggles to recover from Covid-19 and Russia’s conflict in Ukraine grinds on, the arrival of the first El Niño in almost four years foreshadows new damage to an already fragile global economy. The shift to a warming phase from the cooler La Niña can generate chaos, especially in fast-growing emerging economies. Power grids strain and blackouts become... ...

Similar news