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SE Asia palm oil problems could hit consumers worldwide

Last Updated: Sunday, May 11, 2014, 16:10

Southeast Asia`s booming palm oil industry is facing a double blow from a recent drought and a possible El Nino weather phenomenon later this year, with analysts warning a production shortfall could spark a jump in consumer goods prices.

El Nino leads to higher food inflation? Not necessarily: UBS

Last Updated: Sunday, May 11, 2014, 13:58

Forecasts of 2014 being an El Nino year have caused concerns around its impact on monsoons, thereby on agri output and thus food inflation, though this theory sounds "logical" it is not necessarily going to follow the same pattern this year though, says a UBS research report.

Extreme wet and dry events `increasing risk of drought and flood in central India`

Last Updated: Tuesday, April 29, 2014, 11:42

Researchers have identified significant changes in the patterns of extreme wet and dry events that are increasing the risk of drought and flood in central India, one of the most densely populated regions on Earth.

Global warming may spread drought to a third of Earth

Last Updated: Tuesday, April 01, 2014, 17:54

One third of the world may be at increased risk of drought by 2100 as warmer temperatures wring more moisture from the soil, a new study has warned.

Weather extremes `consistent` with man-made climate change: UN

Last Updated: Monday, March 24, 2014, 20:19

Extreme events of 2013 like the Philippines` devastating Typhoon Haiyan and drought in Australia were consistent with man-made climate change, the UN`s weather agency said today.

Brazilian island experiences worst drought in 50 years

Last Updated: Monday, March 17, 2014, 10:07

Almost 340 km out to sea, where one can no longer see the Brazilian coast, the island of Fernando de Noronha, a natural paradise protected by the country`s environmental laws, is suffering through its worse drought of the past 50 years, a dry spell that has virtually exhausted the island`s only fresh water spring, officials said.

Climate change helped Genghis Khan conquer countries: Study

Last Updated: Tuesday, March 11, 2014, 19:17

A new study suggests that mild weather and rain may have helped Genghis Khan, the Mongolian warlord, conquer lands in the 13th century.

Nawaz Sharif grants Rs 1 billion package for drought-hit Tharparkar

Last Updated: Monday, March 10, 2014, 20:20

Pakistan Prime Minister Nawaz Sharif on Monday announced a Rs 1 billion aid package for the drought-hit Tharparkar district in Sindh province, where over 40 children have died due to pneumonia and malnutrition.

UN report sees USD 1.45 tn global warming cost: Media

Last Updated: Friday, February 28, 2014, 20:15

Global warming will reduce the world`s crop production by up to two percent every decade and wreak USD 1.45 trillion of economic damage by the end of this century, according to a draft UN report, Japanese media said today.

El Nino may strike again, could reduce monsoon in India

Last Updated: Saturday, February 22, 2014, 10:28

The El Nino weather pattern - the Spanish word for boy - is likely to return this year causing drought in some areas and flooding in others.

California declares drought emergency

Last Updated: Saturday, January 18, 2014, 06:49

California`s worst drought in a century is devastating agriculture and destroying forestland, which is being consumed by wildfire, Governor Jerry Brown said today as he declared a state emergency.

Tornadoes, floods, drought cost US billions in 2013

Last Updated: Thursday, January 16, 2014, 04:38

Seven weather disasters, including tornadoes, droughts and floods, cost the United States more than a billion dollars each in damages last year, according to a government report issued on Wednesday.