(Bloomberg) — El Nino is back.
Australia has declared the event for the first time since 2010and says it will probably be “substantial.” Japan also said El Ninohad emerged.
The tropical Pacific is in the early stages of the pattern thatcan bring drought to parts of Asia and rains to South America, andocean temperatures will probably stay above thresholds through thesouthern hemisphere winter and at least into spring, the AustralianBureau of Meteorology said Tuesday.
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