Worldwide Strengthening El Nino Giveth and Taketh Away
Monday, July 27, 2015 - 17:00
in Mathematics & Economics
In California, they're counting on it to end an historic drought; in Peru, they've already declared a pre-emptive emergency to prepare for devastating flooding. It's both an economic stimulus and a recession-maker. And it's likely to increase the price of coffee, chocolate and sugar.