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In 2024 El Nino May Cause Economic Disaster

El Nino Disaster

El Nino Disaster! The situation of the global economy says that the crisis is intensifying day by day. First of all, due to the impact of Corona, the wheels of the economy could not turn properly. Without getting over that wound, Russia has created price inflation through the Ukraine war.

It was at this time that El Nino’s bloodshot wound became a bitter blow to death. El Nino is a serious threat to the economic structure. The ongoing destabilization has been further accelerated by the collapse of the banking sector in Western countries. At a time when central banks around the world are busy raising interest rates to combat inflation, scientists have warned of new dangers. After a break of 4 years, El Nino is going to hit the world with strength.

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Scientists say the central and eastern Pacific Ocean is warming above average sea surface temperatures. On average, El Nino occurs every 2 to 7 years. Its influence on climate lasts for 9 to 12 months. Scientists of the National Weather Service of the United States say that El Niño climate conditions have started as predicted.

It is feared that the weather and temperature may take an extreme form. During El Nino, sea surface temperatures in the equatorial Pacific Ocean are warmer than normal. As a result, there is a danger of typhoons and cyclones in that region. A hurricane may form in the Atlantic Ocean if the weather turns critical. The National Medical Administration of the United States has warned about the issue.

The Extent Of Damage Caused By El Niño

The 1997-98 El Niño caused a loss of $5.7 trillion to the global economy. Damages during the 1982-83 El Nino were $4.1 trillion. Jingyu, a professor of meteorology at the University of California, claims that the effects of El Niño are not limited to the Pacific Ocean.

As a result, it caused drought in Southeast Asia and Australia. In contrast, the rains that form in the American Southwest. While the first region is prone to rain and the second is prone to drought, the price of sugar and cocoa may increase in America in the coming days.

A recession may occur in the coffee industry. Simond, an analyst at BMO Capital, said El Nino will also hurt cash sales. Besides, it will hurt various brands. The home grill, furniture, and apparel markets, and the tourism industry may also be hit by El Niño.

The Impact Of El Nino Will Cause Losses Of 48 Trillion US Dollars

A study published in 2021 found that tourists lost interest in 48 US travel spots due to El Nino. Then it is understood that the effect of El Nino will destabilize the tourism sector as well. Global airline service companies will face serious losses.

Flight cancellations and flight rescheduling have become common occurrences in Erie. The US Federal Aviation Administration has expressed fear that the number will increase in the coming days.
Researcher Christopher Kellahar has predicted that the world will face 84 trillion dollars in economic losses due to El Nino in the 21st century. And the impact will start to be visible by the end of this year itself.

Impact of El Niño On Different Countries

Bangladesh and India have already started seeing the visible effects of El Nino. Due to the lack of rain, the crops are not growing due to which the price of daily food is increasing one after the other. On the other hand, average rainfall in India has broken the record in the last 45 years.

As a result, several states have been flooded and losses of thousands of crores of rupees have been incurred. Fires have spread in European countries again. Where miles and miles of forests are being deforested and people are losing their arable lands along with their habitats.
On the other hand, there is a food crisis in the countries of the African continent. Even the people of all those countries are facing various diseases due to a lack of clean water.

Finally, it can be said that the effects of El Nino have already begun to wear off. Man himself is responsible for this. Because people are continuously destroying forests. Besides, it is warming the earth by depleting fossil fuels. As a result, the average temperature is increasing.

And people are facing various natural disasters. Since El Nino can last from months to years, we need to come forward to deal with this disaster and not do anything that harms the environment. Because only nature can protect us from natural calamities.

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