Argentina is grappling with an unprecedented late-summer heatwave as temperatures soar to record-breaking levels – causing crops to wither, helping wildfires spread and adding huge pressure to a country already facing an economic crisis
. The country’s summer, which technically runs from December to February, was by far the hottest on record, according to Maximiliano Herrara, a climatologist who tracks extreme temperatures across the globe. And, so far, March has offered no relief. Temperatures during the first 10 days of March were 8 to 10 degrees Celsius above normal in east-central Argentina, according to the country’s National Meteorological Service.
Exports are projected to fall 28% in 2023 compared to last year, according to the World Meteorological Organization. Farmers are facing loses of around $14 billion, Julio Calzada, head of economic research at the Rosario Grains Exchange, told Reuters. There are fears that the agricultural crisis will exacerbate the country’s economic problems. Figures released this week showed yearly inflation topped 100% for the first time in three decades – one of the highest inflation rates in the world.
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