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The analysis from the European Union’s Copernicus Climate Change Service found that last month was the planet’s hottest June by a “substantial margin” above the previous record, which was set in 2019. The nine hottest Junes have all occurred in the last nine years, according to the agency – evidence the human-caused climate crisis is driving temperatures to unprecedented levels. This is exactly what global warming looks like.”Scientists have warned that these record temperatures bear the fingerprints of the climate crisis. Northwest Europe experienced record-breaking temperatures last, including the UK, which logged its hottest June on record, according to the UK Met Office. “The ocean warming is even more concerning because as the oceans warm, they expand, which means higher sea levels, larger storms surges and more flooding of coastal communities,” Marlon said.
Persons: Copernicus, ” Jennifer Marlon, , Greenlee Beal, El Niño, ” Marlon, Organizations: CNN, Southern, Yale School of Environment, Northwest, UK Met Office, Reuters, Climate, Atlantic Locations: Southern US, Mexico, El, Pacific, Northwest Europe, Canada, United States, Asia, Australia, Texas, Central America, Ireland, Baltic, Europe, Iceland, Russia, Turkey, Kosovo, Romania, Scandinavia, America, Horn of Africa, South America, Antarctica
On Tuesday, global average temperatures rose to a new high of 62.9 degrees Fahrenheit. But, he added, there may be other factors layered on top of human-caused warming that have helped drive temperatures up so dramatically in recent months. For instance, a cyclical phenomenon in the Pacific Ocean known as the El Niño-Southern Oscillation causes year-to-year fluctuations by shifting heat in and out of deeper ocean layers. Global surface temperatures tend to be somewhat cooler during La Niña years and somewhat hotter during El Niño years. “A big reason we’re seeing so many records shattered is that we’re transitioning out of an unusually long three-year La Niña, which suppressed temperatures a bit, and into a strong El Niño,” Dr. Hausfather said.
Persons: Zeke Hausfather, El, , Hausfather Organizations: Service, Berkeley, Southern
Record ocean temperatures lift Atlantic hurricane outlook
  + stars: | 2023-07-06 | by ( ) www.reuters.com   time to read: +2 min
July 6 (Reuters) - Forecasters at Colorado State University for a second time raised their estimate for tropical storms during this year's Atlantic hurricane season, citing record warm sea surface temperatures. The group had last month raised its outlook to a near-normal season and number of storms. "Most of the tropical and subtropical Atlantic now has record warm sea surface temperatures," Colorado State's Tropical Meteorology and Climate Research group said in its latest update. The effect of El Nino, a weather phenomenon that suppresses Atlantic hurricane activity, this year has been offset by very hot ocean waters. "The high chance of a robust El Nino is why CSU's hurricane forecast is not for every more activity," wrote CSU researcher Phil Klotzbach.
Persons: El, Phil Klotzbach, CSU's, Gary McWilliams, Marguerita Choy, David Holmes, Conor Humphries Organizations: Colorado State University, Climate Research, CSU, El Nino, U.S . National Oceanic, Atmospheric Administration, Thomson Locations: Colorado
El Niño + climate change = heat records
  + stars: | 2023-07-05 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +6 min
CNN —Climate change combined with this year’s El Niño set a new world record for worldwide heat on Tuesday – 62.92 degrees Fahrenheit or 17.18 degrees Celsius. The WMO declared the onset of an El Niño Tuesday and warned governments to prepare for more extreme weather events as a result. This will be the first El Niño in seven years. The last very strong El Niño year – 2016 – also saw the previous record for worldwide heat that August. “It is El Niño on top of decades of human emissions of greenhouse gases.”There is no turning back, he said, but humans can likely slow the change.
Persons: Niño, , It’s, Bill Weir, we’re, , ” Weir, John Abraham, Thomas, Weir, ” Abraham, Abraham, Organizations: CNN, National Centers, Environmental, World Meteorological Organization, United Nations, WMO, El, CNN International, University of St, Reuters Locations: Switzerland, Americas, Africa, Quebec, Miami, Minnesota, El,
CNN —Climate activists have targeted 10 golf courses around Spain, plugging up holes to protest the amount of water used to maintain these courses as the country is gripped by a severe drought. Members of Extinction Rebellion (XR) Spain, along with activists from other climate groups, accessed golf courses in locations in six provinces, including Madrid, Valencia, Ibiza and Navarra. Golf closed for climate justice” and “water is a common good.”Golf in Spain uses more water than the cities of Barcelona and Madrid combined, XR said in a video posted on Twitter on Sunday. Only 0.6% of the population plays golf, XR said. Between June 1 and 10, 60% of Spain was under “drought alert” conditions, according to the European Union’s Copernicus Climate Change Service.
Persons: XR Organizations: CNN —, Twitter Locations: Spain, Madrid, Valencia, Ibiza, Navarra, Barcelona, Spanish, Europe, Córdoba
Sea temperatures also broke April and May records. Global average sea surface temperatures hit 21C in late March and have remained at record levels for the time of year throughout April and May. Australia's weather agency warned that Pacific and Indian ocean sea temperatures could be 3C warmer than normal by October. Though this year's high sea temperatures are caused by a "perfect combination" of circumstances, the ecological impact could endure, she said. The Worldwide Fund for Nature, however, warned of a "worrying lack of momentum" during climate talks in Bonn this month, with little progress made on key issues like fossil fuels and finance ahead of November's COP28 climate talks in Dubai.
Persons: Kerry, Sarah Perkins, Kirkpatrick, Piers Forster, El Nino, Annalisa Bracco, Li Shuo, John Kerry, Li, David Stanway, Ali Withers, Gloria Dickie, Jamie Freed Organizations: EU, Australia's University of New, U.S ., World Meteorological Organization, El Nino, University of Leeds, Georgia Institute of Technology, DUBAI, The, Nature, Thomson Locations: Beijing, SINGAPORE, Bonn, Australia's University of New South Wales, United States, North America, Canada, U.S . East Coast, India, Spain, Iran, Vietnam, Paris, 1.5C, California, Africa, November's, Dubai, China, Copenhagen, London
Sea temperatures also broke April and May records. Global average sea surface temperatures hit 21C in late March and have remained at record levels for the time of year throughout April and May. Australia's weather agency warned that Pacific and Indian ocean sea temperatures could be 3C warmer than normal by October. Though this year's high sea temperatures are caused by a "perfect combination" of circumstances, the ecological impact could endure, she said. The Worldwide Fund for Nature, however, warned of a "worrying lack of momentum" during climate talks in Bonn this month, with little progress made on key issues like fossil fuels and finance ahead of November's COP28 climate talks in Dubai.
Persons: Cpl Marc, Andre Leclerc, Kerry, Sarah Perkins, Kirkpatrick, Piers Forster, El Nino, Annalisa Bracco, Li Shuo, John Kerry, Li, David Stanway, Ali Withers, Gloria Dickie, Jamie Freed Organizations: Canadian Forces, REUTERS, EU, Australia's University of New, U.S ., World Meteorological Organization, El Nino, University of Leeds, Georgia Institute of Technology, DUBAI, The, Nature, Thomson Locations: Mistissini, Quebec, Canada, Beijing, SINGAPORE, Bonn, Australia's University of New South Wales, United States, North America, U.S . East Coast, India, Spain, Iran, Vietnam, Paris, 1.5C, California, Africa, November's, Dubai, China, Copenhagen, London
This year's wildfire season is the worst on record in Canada, with some 76,000 square kilometres (29,000 square miles) burning across eastern and western Canada. "The difference is eastern Canada fires driving this growth in the emissions more than just western Canada," said Copernicus senior scientist Mark Parrington. The carbon they have released is roughly equivalent to Indonesia's annual carbon dioxide emissions from the burning of fossil fuels. It's estimated that Canada's northern boreal forest stores more than 200 billion tonnes of carbon — equivalent to several decades worth of global carbon emissions. Canada's wildfire season typically peaks in late July or August, with emissions continuing to climb throughout the summer.
Persons: Cpl Marc, Andre Leclerc, Copernicus, Mark Parrington, Parrington, there's, David Evans, Ed Osmond Organizations: Canadian Forces, REUTERS, Atmospheric Monitoring, Canadian Interagency Forest Fire, New, Thomson Locations: Mistissini, Quebec, Canada, Alberta, British Columbia, New York City, Toronto, Ontario, Europe
CNN —Over 80 million people from the Midwest to the East Coast are under air quality alerts as smoke from the Canadian wildfires sweep across the US border Tuesday, prompting beach closures, warnings about reduced visibility and calls to stay indoors. Chicago and Detroit had the worst air quality in the world Tuesday night. Detroit’s air at one point reached a “very unhealthy”Air Quality Index of 203, before dropping below 200 to the “unhealthy” level, according to IQAir. Chicago registered an Air Quality Index of 175 late Tuesday. “The most protective option when air is unhealthy for you is to stay indoors with air conditioning, reduce strenuous activities and limit outdoor activities.
Persons: Copernicus, , , Kathy Hochul Organizations: CNN, Canadian Interagency Forest Fire Centre, National Weather Service, . Chicago, Chicago Public Schools, Facebook, Drivers, Mackinac Bridge Authority, Michigan Department of Health, Human Services, Indianapolis, ., New, , New York State, Coordinating Agency, Centers for Disease Control Locations: Midwest, East, Canada, Iowa , Wisconsin , Illinois , Indiana , Michigan, Delaware, Maryland, Kansas , Missouri, Minnesota , Ohio, Pennsylvania, New York, Virginia, Chicago, Detroit, IQAir, Evanston , Illinois, Michigan, Mackinac, . New York, New York City, New, ” In Ohio, NY, Cleveland, Ohio
How India Profits From Its Neutrality in the Ukraine War The Gulf of Kutch in India is home to the world’s largest oil refinery. After Russia invaded Ukraine, tankers laden with Russian oil are an increasingly common sight along this inlet of northwestern India. China and India are buying so much Russian oil now that Moscow is selling more crude than it was before it invaded Ukraine. Russian crude shipments in the Gulf of Kutch this year Total barrels shipped between through May 2023. In December, S. Jaishankar, India’s foreign minister, was asked in Parliament about India’s decision to buy Russian crude.
Persons: Narendra Modi, Modi, Biden, Ukraine Price, , Mukesh Ambani, India’s, Copernicus, Organizations: New York Times, Western, Ukraine, International Energy Agency, European Union, Argus Media, Jamnagar, Reliance Industries, Nayara Energy, Rosneft, Port, Southeast, Center, Research, Energy, Clean, United Arab Emirates, Modi government’s Locations: India, Ukraine, Kutch, Russia, SynMax, United States, Europe, Moscow, West, India China, China, Kpler, East, Jamnagar, Gujarat State, Russian, Gulf, Pipeline, Panipat, Mundra, Vadinar, Jamnagar Port Vadinar Refinery Jamnagar, Port, Nayara, Southeast Asia, Africa, Finland, Turkey, Singapore, Sikka, Asia Europe
Kajaki Hydroelectric Dam in Kajaki, Afghanistan in the Helmand province on June 4, 2018 in Kajaki, Afghanistan. Iranian and Afghan border guards clashed on May 27, exchanging heavy gunfire that killed two Iranian guards and one Taliban soldier and wounded several others. A dangerous borderThe 580-mile border between Afghanistan and Iran is porous and crawling with crime, predominantly coming from the Afghan side into Iran. "Iran's Afghan border has always been its most vulnerable," said Kamal Alam, a nonresident senior fellow at the Atlantic Council's South Asia Center. In the 1950s, Afghanistan built two major dams that limited the flow of water from the Helmand river into Iran.
Persons: Maplecroft, Wakil Kohsar, Soltvedt, Kamal Alam, Alam, Ryan Bohl, Rane, Ebrahim Raisi, Yamil Lage Organizations: Orbital, Copernicus Sentinel, Getty Images, CNBC, Taliban, Afp, Getty, Asia Center, East Locations: Kajaki, Afghanistan, Helmand, Getty Images Iran, Iran, Tehran, destabilization, East, North Africa, Afghan, Zaranj, Iran's, Khuzestan, Nimruz, Helmand Province, Sistan, Baluchistan, Havana, Cuba
CNN —The climate crisis is taking an enormous toll on Europe, which was ravaged by extreme heat, drought, wildfires and glacier melt last year, a new analysis has concluded. The cracked ground of La Vinuela reservoir during a severe drought in La Vinuela, near Malaga, southern Spain August 8, 2022. Europe experienced the second-largest burned area on record in 2022, the report found, with Central Europe and the Mediterranean, in particular, seeing large areas scorched by fire. And oceans were unusually warm, with average sea surface temperatures in the North Atlantic the hottest on record. With the arrival of El Niño, a natural climate phenomenon with a global warming effect, many scientists are concerned 2023 could see even starker climate extremes.
Persons: , Carlo Buontempo, Jon Nazca, El, Petteri Taalas Organizations: CNN, World Meteorological Organization, Central, North Atlantic, WMO Locations: Europe, Spain, Switzerland, Italy, France, La Vinuela, Malaga, Central Europe, North
Record high levels of carbon pollution in the atmosphere and record low levels of Antarctic ice. Several all-time heat records were also broken earlier this month in Siberia, as temperatures shot up above 100 degrees Fahrenheit. In 2022, the world’s oceans broke heat records for the fourth year in a row. In late February, Antarctic sea ice reached its lowest extent since records began in the 1970s, at 691,000 square miles. The decline in sea ice also poses severe harm to the continent’s species, including penguins who rely on sea ice for feeding and hatching eggs.
Persons: Brian McNoldy, vZ9eKEs22b, we’re, ” Jennifer Marlon, “ We’ve, – we’ve, Ted Scambos, “ We’re, Phil Reid, El, Climatologist Maximiliano Herrera, , El Niño, ” Herrera, ” Scambos, Reid, Scambos, there’s, Rick Spinrad, Organizations: CNN, University of Miami Rosenstiel School of Marine, Yale School of, University of Colorado -, National Weather Service, Australian, of Meteorology, National Oceanic, Atmospheric Administration, Atlantic, NOAA, Scripps Institution of Oceanography, University of California, Industrial Locations: University of Colorado - Boulder, Canada, United States, Siberia, Central America, Texas, Louisiana, Puerto Rico, Asia, China, El, California, Pacific, San Diego
A view of the practically empty swamp that supplied water to Fuente obejuna village in Cordoba, Spain on May 19, 2023. European lawmakers issued a stark warning about the region's growing water crisis ahead of another extreme summer, saying there is a pressing need to tackle issues such as scarcity, food security and pollution. Speaking at a European Parliament plenary session entitled "The Water Crisis in Europe" on Thursday, lawmakers called for increased action to preserve and improve water resources, already affected by several years of depleting groundwater levels as the climate crisis continues to intensify. "Some regions are suffering from water scarcity due to the droughts, while others are suffering from floods. "Let us not be the continent that learns the value of water after the well has run dry."
Persons: Energy Kadri Simson, Simson Organizations: Energy, EU Locations: Fuente obejuna, Cordoba, Spain, Europe, France
CNN —Dozens of heat records have fallen in Siberia, as temperatures climbed above 100 degrees Fahrenheit (37.7 Celsius). Last Saturday, temperatures reached 37.9 degrees Celsius (100.2 Fahrenheit) in Jalturovosk, its hottest day in history, according to the climatologist Maximiliano Herrera, who tracks extreme temperatures across the globe. Several all-time heat records were broken on Wednesday, including in Baevo, which reached 39.6 degrees Celsius (103.3 Fahrenheit), and Barnaul, which hit 38.5 degrees Celsius (101.3 Fahrenheit). Some of these stations have between five and seven decades of temperature recordings, Herrera told CNN. On Wednesday, temperatures of more than 45 degrees Celsius (111.2 Fahrenheit) were recorded in China, 43 degrees Celsius (109.4 Fahrenheit) in Uzbekistan and 41 degrees Celsius (105.8) in Kazakhstan.
Persons: Maximiliano Herrera, Herrera, , ” Herrera, ” Omar Baddour, Samantha Burgess, Canada –, It’s Organizations: CNN, Twitter, “ Records, Tomsk, World Meteorological Organization, Northern Locations: Siberia, Jalturovosk, Baevo, Asia, China, India, Northern Hemisphere, Canada, Central Asia, Turkmenistan, Uzbekistan, Kazakhstan
The average May temperature in Hanoi is 32 degrees Celsius (90 degrees Fahrenheit). “Which is why a humid heat wave is more dangerous than a dry heat wave,” she told CNN. This is above a threshold considered dangerous, especially for people with health problems or those not used to extreme heat. In Thailand, 20 days in April and at least 10 days in May reached feels-like temperatures above 46 degrees Celsius (115 degrees Fahrenheit). Throughout April and May, Vietnam, Cambodia, Laos and Malaysia all had several days with potential to cause extreme heat stress.
Persons: , ” Phong, Dinh Van Hung, ” Dinh, Nhac Nguyen, Maximiliano Herrera, Herrera, Mariam Zachariah, Cyclone Mocha, ” Zachariah, Chaya Vaddhanaphuti, ” Emmanuel Raju, ” Raju, Madaree Tohlala, “ Nui, , ” Nui, Andre Malerba, Chaya, , Chintanaphone, Boua Seng, Lobia Yaw, Thongsouk, hasn’t Organizations: Hong Kong CNN, CNN, Getty, ” Workers, Imperial College London, WWA, Chiang Mai University, Copenhagen Center for Disaster Research, Labour Organization, Farmers, Weather, Lao Farmer Network Locations: Hong Kong, Hanoi, Vietnam, Dong Da district, , Hanoi , Vietnam, AFP, Dinh, Southeast Asia, Thailand, Laos, Cambodia, Malaysia, Myanmar, Asia, Thai, Narathiwat, Bangkok,
Milton da Costa Junior nosed his pickup through a remote stretch of the western Brazilian Amazon to check on his babies. Local authorities said the September 2021 incident, which Da Costa outlined in a police report that was reviewed by Reuters, is being investigated. Out of dozens of reforestation initiatives in the country, Rioterra and The Black Jaguar Foundation, a Brazilian-European group, are among the largest. Illegal invaders destroy in hours what it takes Rioterra or Black Jaguar a year to plant. In all, Black Jaguar has signed contracts with 26 farms and planted 326 hectares (806 acres) to date.
Persons: Milton da Costa, Da Costa, Carlos Nobre, Alexis Bastos, Rioterra, , Nobre, , Bastos, Jamari, Dejesus Aparecido Ramos, it’s, ” Bastos, Jair Bolsonaro, Germany –, Bolsonaro, Luiz Inácio Lula da Silva, Black, Ben Valks, Valks, Leandro Silveira, Silveira, São, ” Valks, aren’t, Cristina Banks, Leite, Marcos Mariani, Araguaia, Mariani, Tânia Irres, ” Irres, Regina Molke, I’ll, Clovis, Black Jaguar, Aquaverde, Renato Franklin, “ Ben, ” Franklin, L’Oreal, da Costa, ” Da Costa, da, Spring, Clare Trainor, Catherine Tai, Lais Morais, Ilan Rubens, Lucy Ha, John Emerson, Marla Dickerson Organizations: Milton da Costa Junior, Toyota, Reuters, Black Jaguar Foundation, National Institute for Space Research, Rioterra, Cultural, Environmental Studies, Petrobras, , Amazon Fund, Environment Ministry, United, United Arab Emirates, São Paulo, Global, Farmers, Brazil’s Central Bank, Brazil’s National Institute for Space Research, Imperial College London, Santana, Bolsonaro, United Nations, Space Agency, Copernicus, Sentinel Locations: Machadinho, Rondônia, Brazil, Germany, Brazilian, European, Manhattan, Lebanon, Nicaragua, Bastos, Porto Velho, droves, Rio, Black, Itapuã, Oeste, Norway, United Arab, Pará, Caixa, , Costa, Syria, Paris, Santana, Araguaia’s, Clovis, Regina, United States, South, Geneva, Rio Preto, da Costa
The latest surge of dark fleet ships began after Russia invaded Ukraine and the West tried to limit Moscow’s oil revenue with sanctions. The ships most likely sell their Russian oil to China above a price limit set by the sanctions. “The price cap is achieving its dual goals: restricting Russia’s oil revenues while keeping Russian oil flowing, and markets stable and well-supplied,” a U.S. Treasury spokesperson told The Times. The spoofing tankers using American insurance show that the practice is not limited to Russian oil alone. The company, Gatik Ship Management, owns a fleet of 50 newly acquired tankers dedicated to the Russian oil trade, the report said.
Persons: , David Tannenbaum, it’s, Samir Madani, Daniel Tadros, Russia Lady Ella, Russia Snow, Price, Konstantin Zavrazhin, Tannenbaum, Mr, Tadros, what’s, Min Chao Choy Organizations: Cathay, Labs, Copernicus Sentinel, Maxar Technologies, The New York Times, The Times, U.S . Treasury, Times, American Club, Club’s, Alma, Cargo, Russia Cathay Phoenix, Hong, International Maritime Organization, American, , AIS, telltale, Treasury’s, Foreign, Control, Maritime, C4ADS, Gatik Ship Management Locations: Japan, Kozmino, China, U.S, Russia, Venezuela, Iran, Ukraine, , Hong Kong, Niigata, Russia Ginza, Varna, Bulgaria, Taman, Niigata Port, Siberia, Cathay Phoenix, O.F.A.C, South Korea, Washington, Ginza, Oman, India
Opinion | What’s the Point of Prizes?
  + stars: | 2023-05-27 | by ( Roger Rosenblatt | ) www.nytimes.com   time to read: +1 min
Ah, the magical season of prizes is once again upon us. The award ceremonies for literary prizes are usually demure, decorous little things, but award shows on TV are like a country music hoedown. And the Oscars rank so high in the culture that actors measure their worth by rehearsing their acceptance speeches. It is, in essence, the world’s way of telling you that you’ve done something noteworthy and valuable. Would the minds and achievements of Copernicus, Galileo, Vermeer or van Gogh have suffered chilling effects from winning prizes?
MADRID, May 19 (Reuters) - Emergency crews evacuated around 600 villagers in western Spain overnight as a wildfire blamed on arsonists ravaged up to 8,000 hectares (19,800 acres) near the border with Portugal, officials said. "The are very strong gusts of wind ... that make efforts to extinguish it difficult," Military Emergency Unit commander David Barona told state TV channel 24H. "It's a very large attack on vegetation and the area," the head of Extremadura emergency services Nieves Villar told reporters, referring to the suspicions of arson. An unusually dry winter across parts of southern Europe coming after three years of below-average rainfall in Spain have raised the risk of wildfires. A total of 493 fires destroyed a record 307,000 hectares in Spain last year, according to the European Forest Fire Information System.
How to see the Da Vinci glow
  + stars: | 2023-05-18 | by ( Madeline Holcombe | ) edition.cnn.com   time to read: +2 min
CNN —Gaze up into the sky next week, and you might catch a glimpse of the Da Vinci glow. It’s a phenomenon that can happen around sunset when a crescent moon is on the horizon, but the outline of a full moon is visible. The Da Vinci glow is a common occurrence, and easy to see, said Christine Shupla, the science engagement manager at the Lunar and Planetary Institute in Houston. What caused that ghostly full moon effect, sometimes called “the old moon in the new moon’s arms,” was an ancient question illuminated by Leonardo da Vinci, according to NASA. Anyone with a view of the moon will be able see the Da Vinci glow, but the conditions need to be just right for it to happen, Shupla said.
The WMO’s annual State of the Climate Report, published Friday ahead of Earth Day, is essentially a health checkup for the world. Global sea levels climbed to the highest on record due to melting glaciers and warming oceans, which expand as they heat up. “Communities and countries which have contributed least to climate change suffer disproportionately.”A man uses a hand fan in a park in central Madrid during a heatwave, on August 2, 2022. The hottest year on record, 2016, was the result of a strong El Niño and climate change, said Baddour. “This is really a wake up call that climate change isn’t a future problem, it is a current problem.
CNN —The Earth’s ice sheets lost enough ice over the last 30 years to create an ice cube 12 miles high, according to new research. They found that ice sheet melting has increased six-fold over the past 30 years, as record levels of planet-heating pollution push up global temperatures. The worst year for ice sheet loss was 2019, the report found, when the ice sheets lost around 675 billion tons of ice. Ice sheet melting now accounts for a quarter of all sea level rise – a fivefold increase since the 1990s. Otosaka expects the Greenland ice sheet to continue losing ice, but said it’s not yet clear what might happen to the Antarctic ice sheet.
REUTERS/Issei KatoBRUSSELS, April 20 (Reuters) - The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. During El Nino, winds blowing west along the equator slow down, and warm water is pushed east, creating warmer surface ocean temperatures. "El Nino is normally associated with record breaking temperatures at the global level. Climate models suggest a return to El Nino conditions in the late boreal summer, and the possibility of a strong El Nino developing towards the end of the year, Buontempo said. The world's hottest year on record so far was 2016, coinciding with a strong El Nino - although climate change has fuelled extreme temperatures even in years without the phenomenon.
Take Five: How bad is it?
  + stars: | 2023-04-14 | by ( ) www.reuters.com   time to read: +5 min
China and Britain release key economic data and officials from the Group of Seven nations talk climate goals. 1/ EARNINGS RECESSIONU.S. earnings season goes up a gear and the outlook is gloomy due to the regional banking crisis and the most aggressive monetary policy tightening in decades. Analysts expect Q1 S&P 500 earnings to fall 5.2% from the year-ago period, Refinitiv I/B/E/S data as of April 7 showed. In a sign of which way the authorities want lending rates to head, smaller regional banks have already cut deposit rates. China GDP vs 1-year MLF rate4/ NO ALARMS, NO SURPRISESIt's a big week for UK data, with February jobs figures on Tuesday and March inflation numbers Wednesday.
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