It's official: The phenomenon known as El Niño has returned, raising the prospect of extreme weather that could cause billions in economic damage.
Three major meteorological agencies -- the U.S. National Oceanic and Atmospheric Administration, Japan's Meteorological Agency and the Australian Bureau of Meteorology -- have determined that water in the Pacific Ocean is now warm enough to say that El Niño is back.
Economic storm ahead? El Niño is back - May. 14, 2015
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