Analytics

Return of El Niño Threatens New Levels of Economic Destruction

The world’s most potent climate phenomenon risks sparking a chain reaction of dangerous weather, food shortages and blackouts that can disrupt supply chains and stoke inflation.
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... ...

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