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Market Report: Latin America - Favourable forecast.
(From Reinsurance)
By Marc Jones.
No sign of El Nino
The El Nino/La Nina weather phenomenon that hit the Pacific region twice from 1997 to 2003 shows no signs of returning, according to the World Meteorological Organisation (WMO).
El Nino conditions occur when changes in wind patterns result in unusually warm surface water covering most of the Pacific Ocean. La Nina is the exact opposite, with unusually cold water dominating the ocean.
Both have strong local effects, as well as affecting global weather.
The 1997-1998 El Nino caused a severe drought in Australia, but also resulted in strong storms and torrential flooding along the coasts of North and South America. In Ecuador, Peru and Colombia the storms caused serious damage, with hundreds of people dead from drowning.
- El Nino Is Back, But Better-Behaved;'82-'83 Appearance Played Hob With Climate
- Newspaper article from: The Washington Post Boyce Rensberger January 21, 1987 700+ words
...merely a coincidence. He said early signs of El Nino's reappearance came in November but were so...Kousky said. "It looks like a pretty average El Nino." El Nino, named in Latin America with the Spanish words for "the child" because...
- United States: Ambev Jumps After Deutsche Says El Nino Will Boost Beer Sales.
- News wire article from: TendersInfo July 18, 2009 700+ words
...das Americas, Latin America s biggest brewer...sparked by the El Nino weather pattern...as a result of El Nino, leading to drier...south, Deutsche s Latin America equity strategist...Guilherme Paiva said. El Nino weather conditions...
- The season of El Nino.(1997-1998)
- Magazine article from: The Economist (US) May 9, 1998 700+ words
...December-hence the name El Nino, the Christ-child...brings will strike. Latin America and the Caribbean will not swiftly forget the El Nino of 1997-98. Drought...uncertainty Of his two faces, El Nino this time broadly (see...
- El Nino climate pattern to last into 2010: agency.
- News wire article from: PAC - Pacific Islands Broadcasting Association August 20, 2009 700+ words
...2010, it added. El Nino is an occasional...western seaboard of Latin America to east Africa...impact on climate. El Nino, which is established...Pacific coasts of Latin America and Asia is better...planet, where El Nino produced large...
- Disruptive El Nino climate pattern to last into 2010.(Environment)
- Newspaper article from: Manila Bulletin August 20, 2009 700+ words
...it added.El Nino is an occasional...western seaboard of Latin America to east Africa...on climate."El Nino, which is established...Pacific coasts of Latin America and Asia is better...planet, where El Nino produced "large...
- El Nino will persist into early 2003. (Affecting Sustainable Development).
- Magazine article from: UN Chronicle December 1, 2002 700+ words
...by the persistence of El Nino. The situation in the...and preparedness against El Nino according to a new study...working in 16 countries in Latin America, Asia and Africa. Four...Research. More reliable El Nino forecasts and the ability...
- El Nino dampens earnings at large L.A. companies. (Los Angeles, California)
- Magazine article from: Los Angeles Business Journal Booth, Jason April 6, 1998 700+ words
...company that got swamped by El Nino. Dole recently warned...965 million, meaning El Nino could cost Dole as much...has been so good (in Latin America) that it has put a glut...deliveries related to severe El Nino rains in January and February...
- The Weather Channel Prepares for Battle as El Nino Stirs; The All-Weather...
- Press release article from: PR Newswire September 26, 1997 700+ words
...meteorologists will also answer El Nino questions received via email...www.weather.com . The El Nino reports will last as long as El Nino has a significant impact on...weather networks in Europe and Latin America, bringing its total viewership...
