Heat wave

Heatwave putting the brakes on growth

Greece experienced an almost 1% GDP loss as a result of the consequences of climate change, such as heatwaves and natural disasters, from the beginning of May to August 4, according to Allianz Research. The fact that this number effectively "takes away" less than half of the growth that the Greek economy is predicted to experience this year makes it incredibly significant.

Farewell to winter

A view of the Madeira River amid the drought in Porto Velho in the state of Rondonia, Brazil. With a heatwave in the southern hemisphere and record ocean temperatures, the ominous signs of climate change continue. This year, the Earth's surface registered the hottest temperature in history, exceeding centuries-old records in numerous regions.

Sizzling temperatures spark marine heatwave

Not only did the blistering heat in July set forests and towns alight, it also markedly increased the temperature of coastal waters, giving rise to a phenomenon known as a marine heatwave. 

​​​​​​In fact, when air tempratures peaked around July 25-27, the surface of the sea reached up to 30 degrees Celsius, as recorded in the southern Ionian Sea. 

Temperatures forecast to soar again in August

The return to temperatures in the 40s Celsius in the next few days and the longer-term forecasts for August, indicate a pattern of above-average temperatures for the month. August is expected to have temperatures up to six degrees (in terms of maximum) higher than the recent average, according to monthly projections, which however lack the precision of shorter-term statements.

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