The newly declared El Niño is projected to be a very strong event that could become the costliest on record, with economic losses reaching trillions of dollars worldwide, including over $1.8 trillion in the United States by 2032

'Super El Niño' will have an alarming financial impact, experts fearEl Niño, a natural warming of Pacific Ocean water, can have a big impact on the world economy, costing trillions of dollars around the globe.www.usatoday.com