Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

Odd Lots: The Coming El Niño That Could Cost the World Trillions

Forecasters are predicting record-breaking intensity for this year's emerging El Niño. Justin Mankin, professor of geography at Dartmouth joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to discuss the forecasting of El Niños and why they can lead to large and long-lasting economic damage. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Agusto & Co withdraws Geregu Power’s rating after N40.09 billion bond default

Agusto & Co has withdrawn the “A-” credit rating assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond, after the company defaulted on its scheduled eighth coupon payment…

  • Agusto & Co withdraws A- rating and bond rating for Geregu Power
  • Company defaults on N40.09 billion bond payments
  • Financial performance concerns lead to rating downgrade