climate

In the World 3rd August 2026

“El Niño” threatens to trigger waves of inflation due to rising commodity prices

By David Rees The climatic phenomenon known as El Niño — a natural and periodic warming of the Pacific Ocean — threatens to raise global temperatures in the coming months and trigger extreme weather events. According to forecasts by the World Meteorological Organisation, it is expected to arrive between June and August, with a 90 per cent probability that it will persist until November. “We must prepare for a potentially…

World economy 15th March 2016

US Trade Policy Clouds Climate Prospects

Veena Trehan | Obama’s legacy will be scarred if he deviates from focusing on addressing climate change. In August 2015, US President Barack Obama made a memorable trip to the Arctic just months after approving Shell’s drilling off the coast of Alaska. At the time, he said: “Climate change is no longer some far-off problem; it is happening here, it is happening now.”

In Europe 28th August 2014

Economic sentiment worsens in Italy, Germany and France, but remains stable in Spain

MADRID | The Corner | In August the Economic Sentiment Indicator (ESI) fell in the euro area (by 1.5 points to 100.6) and the EU (by 1.2 points at 104.6). Once again the core Europe does not bring any good news, where sentiment dropped in Italy (by 4.1p to 97.8), Germany (by 1.9p to 104.1 ) and France (by 0.6p to 95.1), while sentiment remained flat in Spain (103.). Among the data published by the European Commission today, the industrial confidence fell in the EA to -5.3 in August from -3.8 in July and construction sentiment dropped to -28.4 from -28.2. Sentiment in the services industry declined to 3.1 from 3.6 and retail trade to -4.6 from -2.3. Consumer confidence remained at -10.