El Nino's growing intensity threatens global economic stability, experts warn worldwide losses. Tropical Pacific Ocean waters are unusually warm, contributing to severe climate fluctuations globally.
Meteorological data suggest sea temperatures could peak in November amidst ongoing warming trends.
Droughts, floods, and extreme heat disrupt agriculture, logistics, energy supply, and distribution systems. Food prices rise as rice, sugar, corn, and cocoa yields suffer weather-related reductions.
Copper and energy production face setbacks from shifting weather patterns across several continents. Historic El Nino events have triggered lasting multi-trillion-dollar losses for the global economy.