ClimateHighSingle-sourceDeveloping
7.8
super el niño arrives more than a month early
bne IntelliNews - Emerging Markets News·US·2 days ago
Forest fires in France have reached a record 100,000 hectares, according to Interior Minister Laurent Nunez. This marks a significant escalation of the ongoing crisis.
Large-scale wildfires are actively spreading across France and Spain, particularly threatening Bordeaux and Madrid, leading to mass evacuations and significant atmospheric impact. Concurrently, global markets are exhibiting increased volatility, with the VIX rising and the Japanese Yen reaching a 40-year low. The full extent of property damage and the long-term economic impact of both situations remain unclear.