#El Niño
articles
Diesel Record of $5.85 Raises Fresh Grocery Inflation Warning
A record $5.85-per-gallon diesel price, war-hit refineries, harvest demand and a forecast strong El Niño are combining t...
Peru's Army Deploys Engineering Battalions and Heavy Machinery to Piura Ahead of El Niño
Four army engineering battalions with bulldozers and dump trucks are moving to Piura to clear riverbeds and roads, part ...
Brazil's Power Distributors to Spend R$20bn on Grids as El Niño Hits
Extreme weather has forced Light, Neoenergia, Energisa and Enel to accelerate network automation, expand crews and rewri...
Tropical Storm Lala Eyes Hawaii as El Niño Raises Central Pacific Storm Risk
Forecasters expect the system to approach Hawaii this weekend, prompting watch warnings and renewing attention to the st...
Ecopetrol Board Chief Says Ready Fracking Projects Could Guarantee 10 Years of Gas
Luis Felipe Henao wants an extraordinary assembly by late September and says Magdalena-basin fracking could secure a dec...
Forecasters See 69% Chance of a Historic El Niño Event This Fall
NOAA puts the chance of a very strong 2026-27 El Niño above 90% and assigns a 69% probability to a historic October-Dece...
El Niño and Hormuz Closure Push Panama Canal Transit Fees to a Record
Daily auctions for Panama Canal locks averaged US$1.1 million in August as drought and rerouted oil demand squeeze the w...
El Niño's Double Blow to Peru: Southern Drought and Coastal Floods Put 7.8 Million Farm Hectares at Risk
Cenepred sees almost the entire cultivable surface exposed to drought, huaicos or flooding through March 2027, as agro G...
Panama Canal Auction Prices Hit $3.78 Million as El Niño and Iran War Converge
Record transit fees and falling water levels squeeze global trade. A double blow from drought and the Strait of Hormuz d...
Pampa Baja Eyes Dairy Herd Expansion to Cut Peru’s Milk Import Gap, While Blueberry Acreage Grows
Agrícola Pampa Baja, a key fresh-milk supplier to Grupo Gloria, is weighing an increase in its 4,000-strong Holstein her...
‘We Have Not Experienced Such a Climate in Our Lifetime’: Europe’s Summer of 2026 Breaks All Heat Records
Western Europe’s June–July period was the hottest ever recorded, fueled by persistent heatwaves that sparked drought, ma...
El Niño Threatens to Send Brazil Food Inflation to 9.5% in 2027
A Super El Niño could push food-at-home inflation in Brazil to between 7.5% and 9.5% next year, with a peak of 11% betwe...
Global food prices climb to three-year high as grain supplies tighten
The UN's food-commodity index rose 0.6% in July, led by wheat, sugar and vegetable oils, with Black Sea attacks, extreme...
Record-Low SOI Signals 'Very Strong' El Niño, Threatening African Economies
The Southern Oscillation Index sank to its lowest July level in four decades, raising the likelihood of an El Niño as se...
Brazil Cuts Hydro Output to Build Reserves as El Niño Looms
The federal government is temporarily scaling back hydroelectric generation to conserve water in reservoirs, reinforcing...
UN Food Agency Warns: War, Oil, Fertilizers and El Niño Set to Spark New Inflation Spike
FAO chief economist Máximo Torero says the convergence of the Iran-Israel conflict, the Ukraine war, climbing energy and...
Peru Banks to Tighten Corporate Credit as El Niño Threatens Economy
Peru's banks are tightening credit conditions for companies of every size as a severe El Niño looms — a shift that prote...
Japan Warned of 'Super El Niño' Risk: Heat Waves, Disrupted Typhoons and a 13% Food-Price Hit
Japan's weather agency confirmed El Niño on June 10, but scientists warn it could grow into a record 'super El Niño' — w...
Colombian Power Generators: Strengthen Institutions and Pay Debts to Secure Energy Supply
As a new government prepares to take office amid El Niño, Colombia’s power generation sector says institutional stabilit...
Bank of America: Severe El Niño Could Spike Colombia's Inflation by 1.8 pp
A new Bank of America model shows a severe El Niño could add 1.8 percentage points to Colombian inflation, driven by foo...
Munich Re: Global Natural Disaster Losses Hit $112bn in First Half of 2026
Insured losses plunged to $44bn as the costliest event—a Venezuelan earthquake—was overwhelmingly uninsured. The industr...
S&P Global: Only Severe El Niño and Costly Policy Responses Would Threaten Sovereign Ratings
A senior S&P analyst says El Niño alone is unlikely to cause sovereign downgrades, but governments that impose broad pri...
Keiko Fujimori Names Elmer Cuba as Peru’s Economy Minister to Tackle Growth and Climate Risks
Peruvian presidential candidate Keiko Fujimori has tapped former central bank director Elmer Cuba as her economy ministe...
El Niño’s Hurricane Suppression Is No Safety Net for Insurers
Warmer Pacific waters may reduce storm counts, but decades of coastal development and soaring property values mean a sin...
Super El Niño May Rival 1997-98 Record, China Warned of Severe Floods Next Year
China's top El Niño forecaster says the developing super El Niño could match the 1997-98 intensity, driven by rare subsu...
Barclays Maps El Niño’s Impact: Gas Prices Drop First, Tropical Softs Surge
The bank’s framework shows European gas prices historically fall 9–28% in El Niño winters, while palm oil, coconut oil a...