By Rene Pastor
NEW YORK, July 6 (Reuters) - A nascent El Nino weather cycle threatens to wreak more economic havoc and disrupt raw material production across a wide swath of the world, evoking memories of the killer edition of 1998.
The timing could not be worse. This El Nino appears to be developing as the world is struggling to emerge from the worst economic conditions since the Great Depression. Eleven years ago, a damaging El Nino occurred in the middle of the Asian financial crisis which roiled financial markets.
"El Nino is a little bit like recession: you are in it before you can say you have one. If it continues as it is now, the historians will say the El Nino started in May," said David Jones, head of climate analysis in Australia's Bureau of Meteorology. Jones said they could declare an El Nino in weeks.
During El Nino, an abnormal warming of the waters of the equatorial Pacific unhinges weather patterns in the Asia-Pacific region and beyond. A La Nina weather pattern, in which waters cool, was in place last year.
In 1998, El Nino-related storms, floods, tornadoes and mudslides killed more than 2,000 people and caused billions of dollars in damage to crops, infrastructure and mines.
Michelle L'Heureux, head of the U.S. Climate Prediction Center which tracks El Nino, said this version may not approach the one in 1998, the strongest weather anomaly in 150 years. The CPC is an office under the U.S. National Oceanic Atmospheric Administration.
The complete article at the U.K.'s Guardian newspaper is here.
The complete article at the U.K.'s Guardian newspaper is here.
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