WMO said El Nifio has emerged in the tropical Pacific and is expected to rapidly strengthen over the coming months, raising the likelihood of heatwaves, droughts and heavy rainfall across multiple regions. Multi-model ensemble forecasts show markedly

2026-07-03

WMO said El Nifio has emerged in the tropical Pacific and is expected to rapidly strengthen over the coming months, raising the likelihood of heatwaves, droughts and heavy rainfall across multiple regions. Multi-model ensemble forecasts show markedly higher sea surface temperatures in the central‑eastern equatorial Pacific and indicate El Nifio is likely to develop into a strong event in Jul‑Sep 2026, with further strengthening into Northern Hemisphere autumn and global spread of impacts.

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2026-07-02

MOFCOM and CUSTOMS issued a notice initiating a pilot that allows qualified firms outside comprehensive bonded zones, subject to application and approval, to import goods under bond from abroad for quality, specification and performance testing and t

2026-07-03

New Fed chair Kevin Walsh's first-week calendar was largely internal, with limited external engagements: a breakfast with Treasury Secretary Scott Bessent and meetings with former Fed governor Stephen Milan and Brookings' Nellie Liang. By contrast, f