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How El Niño threatens emerging market economies

Significant changes to rainfall, or prolonged droughts, could also impact hydropower output, boost food, fuel prices

London | Reuters – Countries around the world are battling heatwaves and floods fueled by El Niño, a naturally occurring climate phenomenon that has a 90 per cent probability of persisting in the second half of 2023, according to the World Meteorological Organization. The worldwide impact can be enormous, but the stakes are higher for […] Read more

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Argentina’s Bioceres says GMO wheat gets OK from U.S. FDA

London/Chicago | Reuters – The U.S. Food and Drug Administration concluded a review of Argentine biotechnology firm Bioceres’ BIOX.BA genetically modified (GMO) wheat without further questions, a “key step” to commercializing it in the United States, the company said on Monday. While corn and soy crops used predominantly to feed livestock are commonly planted with […] Read more