WEF warns El Nino poses systemic risk as shipping flags food and coal risk

The World Economic Forum has warned that an emerging El Nino weather pattern poses a systemic shock to global markets, with shipping industry analysts flagging potential disruptions to Asian coal demand and agricultural trade flows as the climate event develops through mid-2026. The WEF said in a June 5 report that El Nino should be seen as more than a weather story, warning that the 2026-27 eventThe World Economic Forum has warned that an emerging El Nino weather pattern poses a systemic shock to global markets, with shipping industry analysts flagging potential disruptions to Asian coal demand and agricultural trade flows as the climate event develops through mid-2026. The WEF said in a June 5 report that El Nino should be seen as more than a weather story, warning that the 2026-27 eventRead More