Disasters

"The Real El Niño Risks An Upset To Commodities Markets"

"Commodity investors are in a twist about the weather. Warmer ocean temperatures last spring indicated an El Niño event was on the horizon, signaling buys, sells, and hedging positions in securities linked to products impacted by storms and droughts. Everything from sugar prices to coffee futures were retooled."

Source: USA TODAY, 05/18/2015

"Seattle Port Votes to Delay Drilling Rigs on the Way to Alaska"

"The Port of Seattle’s board voted Tuesday to ask that the arrival of Shell’s Arctic drilling rigs be delayed, bowing to a wave of public pressure by protesters and city officials over the company’s plans to drill this summer off the coast of Alaska and use Puget Sound as a home port."

Source: NY Times, 05/13/2015

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