ClimateNotableEmergingDeveloping
10.0
Chilean agricultural sector projects 0.3% GDP impact and CPI rise following storm damage
La TerceraLO·CL·about 3 hours ago
Intense rainfall in northern Chile has flooded vineyards and destroyed critical irrigation systems, forcing major producers like Capel to suspend operations. The full extent of the damage remains unquantified due to the isolation of affected areas, signaling potential supply chain disruptions for the pisco industry.
Locations
Entities
Severe weather systems are causing widespread flooding, infrastructure damage, and fatalities across multiple countries. Chile is experiencing significant economic and humanitarian impacts, with the government evaluating expanded emergency measures. The US Eastern Seaboard faces tornado and flash flood warnings, while Ecuador and Nicaragua are also reporting severe flooding and related emergencies.