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A perfect storm: how the super El Niño is devastating the fishing industry

المصدر: Business | The Guardian · نُشر

A perfect storm: how the super El Niño is devastating the fishing industry
المصدر: Business | The Guardian

Peru’s anchoveta have made up about a 10th of the entire global commercial fishing catch since 1970, more than any other fish. A combination of warming seas and decades-long overfishing spells disaster On 10 June 2026, the government of Peru made a decision that it knew would hur

Peru’s anchoveta have made up about a 10th of the entire global commercial fishing catch since 1970, more than any other fish. A combination of warming seas and decades-long overfishing spells disaster On 10 June 2026, the government of Peru made a decision that it knew would hurt one of the world’s major fishing industries. It stopped all anchoveta fishing boats from going out to sea, suspending the fishing season.

At first the order was temporary, but in mid-August, the suspension turned into a total closure . This was no easy call. For one thing, it was a brutal blow to the Peruvian economy.

Peruvian anchovies – the scientific name is Engraulis ringens – are not the salty, punch-packing little fillets in a puttanesca sauce or caesar salad dressing. That is a different species – Engraulis encrasicolus – which is smaller, tastier and found mostly in the eastern Atlantic and the Mediterranean. Only a small part of Peru’s anchoveta catch is eaten in fish form.

The rest – more than 90% – is immediately processed as fishmeal and fish oil, packed in sacks and barrels, and shipped to fish, shellfish and seaweed farms, factory farms and nutritional supplement producers around the world. Continue reading...

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Chancellor John Healey says banks are part of ‘jewel in the crown’ of UK economy, amid budget tax speculation – business live
الأعمال والاقتصاد

Chancellor John Healey says banks are part of ‘jewel in the crown’ of UK economy, amid budget tax speculation – business live

John Healey has spoken to UK journalists at the IMF annual meeting in Bangkok, and said banks are a part of the “jewel” in the UK’s economic crown Today’s better-than-forecast UK growth report is good news for chancellor John Healey as he hobnobs with other finance ministers at t

Business | The Guardian ·