Models Converge on ‘Record-Breaking’ 2026-27 El Niño as Early Economic Shocks Surface
In the first week of July 2026, NOAA, ECMWF and leading catastrophe modelers all raised the odds of an unprecedentedly strong El Niño above 60 %, while its infancy has already shut Peru’s anchovy fleet, cut India’s hydropower by a fifth and reshuffled global risk projections.