Author: franperez66q@protonmail.com

Markets are underestimating the impact of climate volatility across asset classes, commodity strategists warn, as extreme heat grips Europe and meteorologists flag the risk of a powerful El Niño this year.The World Meteorological Organization expects a “strong El Niño event” in the tropical Pacific between July and September this year. El Niño is a naturally occurring climate pattern that raises sea surface temperatures in certain regions and is often associated with extreme weather.Investment strategists say that the higher temperatures, drought, heavy rainfall and other extreme weather events resulting from El Niño are set to upend bets on commodity assets.The warnings…

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This photograph shows an aircraft of low-cost Irish airline Ryanair parked at the Thessaloniki airport “Makedonia”, in Thessaloniki on May 7, 2026.Sakis Mitrolidis | Afp | Getty ImagesRyanair warned on Monday that struggling European airlines are facing a “difficult winter” ahead, as the budget carrier reported first-quarter profit that took a 34% hit due to consumers delaying bookings amid the Middle East crisisThe airline saw its profit after tax in the April to June quarter fall to 538 million euros ($615.3 million), down from 820 million euros the previous year. Ryanair said 20% of its unhedged fuel was exposed to…

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Andy Burnham speaks after being confirmed as the Labour Party’s new leader and the country’s next prime minister, during ‘Labour’s Special Conference’ in central London on July 17, 2026. Henry Nicholls | Afp | Getty ImagesHello, this is Leonie Kidd coming to you from London. Football may not have come home this time, but Britain’s new Prime Minister Andy Burnham does have a new home. Read on!What you need to know todayToday, Andy Burnham will enter Downing Street as the British Prime Minister.He is expected to announce a raft of policy changes, from devolution from London to an overhaul of…

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KYIV, UKRAINE – JULY 19: A firefighter looks at the damage from a large-scale attack overnight that left at least one person dead and thirteen injured on July 19, 2026 in Kyiv, Ukraine. Kyiv was hit with about 40 Iskander-M and hypersonic Zircon missiles. (Photo by Paula Bronstein/Getty Images)Paula Bronstein | Getty Images News | Getty ImagesRussia launched one of its largest ballistic missile attacks on Kyiv, while Ukrainian drones carried out their deadliest strikes inside Russia in more than two years — stoking fears of wider escalation and further strains on oil supplies.Russia has carried out a wave of…

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