278

0:00

2:15

India Heatwaves Add to Economic Risks

https://finance.yahoo.com/news/brutal-heat-continues-grip-asia-041034580.html

Jasmine Ng

Mon, May 8, 2023 at 3:12 AM PDT·3 min read

(Bloomberg) — Asia remains in the grip of a blistering heat wave, chiming with predictions from climate scientists that 2023 could be the world’s hottest year.

Most Read from Bloomberg

• Texas Mass Shooting’s Bloody Images Add to Fervor in Gun Debate
• Powell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC Standoff
• Football Stadiums Belong in the Suburbs
• Why Airfares, Hotels and Cars Are Getting So Expensive for Americans
• Biden Trails Trump as His Approval Rating Hits Low in ABC Poll

In an ominous sign ahead of the northern hemisphere summer, an emerging El Nino weather pattern is pushing the mercury to unprecedented levels in southern parts of the continent.

Vietnam reported its highest ever temperature of 44.2C over the weekend, triggering power shortage…