Phenomenon seen intensifying in H2
El Niño is likely to intensify in the second half of this year, affecting investment sentiment in the agribusiness, food and water management sectors, analysts say.
The natural climate phenomenon that fuels tropical cyclones in the Pacific and boosts rainfall and flood risk in parts of the Americas will cause huge damage to the global economy because it is normally associated with record-breaking temperatures.
The effects of El Niño during 1997-1998 were…