The world is heading into another period of dangerous heat, and it's nearly certain global temperatures over the next five years will stay "at or near record levels" as climate change accelerates across land and sea, a new UN report warns.
A report produced by the UK Met Office and released on Thursday by the World Meteorological Organization said there is an 86 per cent chance that at least one year between 2026 and 2030 will surpass 2024 as the hottest year ever recorded.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.