AGP Executive Report
Last update: 8 hours agoEl Niño Watch: Britain’s Met Office says this year’s El Niño could be the strongest in over a century, with Pacific waters peaking more than 3°C above normal—raising fears of hotter global conditions and more extreme weather. Peru Disaster Readiness: Peru’s government is moving to strengthen preparedness for El Niño impacts, including emergency measures and funding aimed at floods, droughts, and response capacity after recent earthquakes. Coastal Water Stress: Peru’s North-Central anchovy season has ended after a lengthy pause, underscoring how warming seas and shifting conditions can disrupt fisheries. Mining Disruptions: Peru’s Las Bambas copper mine has suspended operations after a workplace accident, with a progressive restart expected—another reminder that safety and weather risks can tighten supply. Copper Market Pressure: A new copper price forecast for 2026 points to a deeper deficit risk as supply stalls, keeping electrification-driven demand in focus. Biodiversity & Tourism: Northern Peru’s surf towns (Órganos and Máncora) align with humpback whale season, highlighting wildlife-linked tourism along the coast.
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