London | Reuters – Countries around the world are battling heatwaves and floods fueled by El Niño, a naturally occurring climate phenomenon that has a 90 per cent probability of persisting in the second half of 2023, according to the World Meteorological Organization. The worldwide impact can be enormous, but the stakes are higher for […] Read more
How El Niño threatens emerging market economies
Significant changes to rainfall, or prolonged droughts, could also impact hydropower output, boost food, fuel prices
