New York Times (September 27)
“Governments, businesses and communities” need to get ready for El Niño. “There are more than two dozen climate models from agencies around the world that forecast El Niño conditions, and they often don’t agree. But this year they are more aligned than ever before in predicting that El Niño conditions will last through the end of 2026. This high level of certainty means that many of the expected impacts — intense rainfall in some regions, drought and wildfire in others and an increase in global warming — are very likely to occur.”
Tags: 2026, Agencies, Businesses, Certainty, Climate models, Communities, Conditions, Drought, El Niño, Forecast, Governments, Impacts, Predicting, Rainfall, Wildfire
Financial Times (November 15)
“The longest ever US government shutdown has created an unprecedented blind spot over the health of the world’s biggest economy as critical data reports are set to be delayed or ditched.” The Bureau of Labor Statistics, Bureau of Economic Analysis and other agencies “were largely unable to collect and publish data during the 43-day shutdown, creating a gap in statistical series that will obscure the economic picture for investors and policymakers.”
Tags: Agencies, Blind spot, BLS, Collect, Data, Delayed, Economy, Gap, Government, Investors, Longest, Obscure, Publish, Reports, Shutdown, Statistical series, U.S.
Reuters (August 8)
“President Donald Trump is instructing agencies to scrap ‘reputation risk or equivalent concepts’ from the customer assessment equation.” Banks will like the reduction in paperwork, but this move will “make it harder to spot fraud.” Trump has already “rolled back enforcement of all sorts of financial misdeeds. Further clearing the way for more of them is a far bigger threat than the fanciful idea that profit-seeking banks turn away good business on purely ideological grounds.”
Tags: Agencies, Banks, Customer assessment, Enforcement, Financial misdeeds, Fraud, Ideological, Paperwork, Profit, Reputation risk, Threat, Trump
