On Friday, meteorologists from NOAA confirmed that a "Super El Niño" has officially formed in the Pacific and is developing faster than any previous event on record.
This climate phenomenon occurs when surface waters in the equatorial Pacific warm significantly, triggering a domino effect of atmospheric changes around the world. Expect extreme weather shifts including torrential flooding in South America alongside intense droughts in Australia and Southeast Asia. Because the oceans are already at record-high temperatures from global warming, scientists warn that this specific event could be more destructive and unpredictable than the 1997 or 2015 cycles.
Global markets are bracing for trillions of dollars in losses as the system peaks this winter, likely causing spikes in food and energy prices.
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