A 'super' El Niño in the Pacific Ocean is forecast to trigger a global supply shock, according to new research by Deutsche Bank.
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Impacts like extreme droughts in key growing regions could threaten harvests of staples like coffee, fruit, and chocolate.
On top of that, dropping water levels in the Panama Canal could lead to costly shipping detours that get passed on to consumers. The silver lining: months of advance warning give governments and farmers time to adapt before the worst hits, but will they act fast enough?
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