El Nino 2014 News

The odds are increasing that an El Nino weather system will form this year, portending drought for Australia and Asia and a warmer winter in the U.S. Northeast. The U.S. Climate Prediction Center now says there’s a 65 percent chance …

The chance of an El Nino weather event developing in 2014 now exceeds 70 percent, Australia’s Bureau of Meteorology said on Tuesday, raising the prospect of damaging floods and droughts across the globe. Global cocoa prices have rallied to 2-1/2-year …