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Europe's Ariane 5 rocket on Wednesday blasted off from French Guiana for the final time, carrying two military communications satellites and leaving its nations with a vacuum in autonomous access to space for the first time in more than four decades. ....
Peru's government declared a 60-day state of emergency for several southern towns on Wednesday as the country's most active volcano spews ash and gas. ....
Temperatures are expected to soar across large parts of the world after the El Nino weather pattern emerged in the tropical Pacific for the first time in seven years, the World Meteorological Organization said on Tuesday. ....
Just when you thought it was safe to hope interest rates might soon peak, along comes more bad news. It looks likely that the El Nino weather phenomenon has returned, according to both the U.S. National Oceanographic and Atmospheric Administration and the Australian Bureau of Meteorology. Its appearance usually results in, or exacerbates, floods, heatwaves, water scarcity and wildfires, especially in the southern hemisphere. The damage these inflict on crops and infrastructure is inflationary, putting pressure on central banks to tighten monetary policy. If climate change makes such events stronger and more frequent, supply shocks will become embedded. ....
Colombia's armed forces and the National Liberation Army (ELN) rebels are set this week to halt offensive actions against each other, prior to the beginning of a full ceasefire in August. ....