Latest news with #forecasts
NHK
17-07-2025
- Climate
- NHK
Japan experts recommend AI to improve typhoon forecasts
A group of experts are recommending that Japanese weather officials improve the accuracy of typhoon forecasts by using artificial intelligence, and provide more precise data about a storm's path. The Japan Meteorological Agency asked the experts to discuss ways to improve typhoon information. The discussion began in September last year. The agency cited changes in society's responses to typhoons, including the suspension of public transportation services, and the move for wide-area evacuation. In the recommendations released Thursday, the experts called for intense observations using aircraft and ships, and the use of AI for forecasts. The Japan Meteorological Agency said European weather officials have reported that storm's paths can be projected more precisely by using the AI-based forecast models they are developing. The Japanese experts also recommended that more precise typhoon information be provided to respond to the needs of people. The agency officials plan to improve their forecasting information from around 2030. They say they will announce potential areas where typhoons are likely to form one month before they appear. The officials also said they will develop technology for more frequent updates of areas showing the predicted position of a storm. They currently update the graphic every 24 hours, but they aim to do so every six hours. Fudeyasu Hironori of Yokohama National University is the chair of the expert group. He said by using new observation technologies and the new tool of AI they will be able to make more accurate forecasts than ever before.
Reuters
16-07-2025
- Business
- Reuters
JPMorgan CEO Dimon's comments highlight steady caution on US economy
July 15 (Reuters) - JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight. While the longtime CEO expressed optimism about the health of the consumer, he reiterated concerns about tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices. The bank remains measured when making projections, Dimon said, citing past crises that caught many off guard. "Our forecasting of the future is very complex. You probably heard me say that sometimes it's a complete waste of time. Most people cannot really pick inflection points," he said. Earlier in the year, Dimon had cautioned about the risk of recession, the possibility of credit spreads widening and inflation rising. His comments reflect a broader challenge facing policymakers and markets. While precise economic projections are often challenging because of backward-looking data that is frequently revised, unpredictable factors can throw even seasoned observers off course. A December study by the Federal Reserve Bank of St. Louis examined the Blue Chip Survey of Professional Forecasters, an average of projections from about 50 economists, from 1993 to 2024, and found that actual GDP growth came within the forecast range just 44% of the time. Here is a timeline of Dimon's public comments on the U.S. economy over the past few quarters: Source: Reuters stories, earnings statements
Bloomberg
05-07-2025
- Climate
- Bloomberg
Third Heatwave Could Hit Parts of UK by Mid-July, Met Office Says
A third heatwave within four weeks could hit parts of the UK by mid-July, the Met Office has said. The second weekend of July could see increasing heat and humidity and the potential for another period of hot weather which could last into the following week.
The Standard
26-06-2025
- Business
- The Standard
US dollar drops to lowest since 2021 against euro, sterling
Strategists at Morgan Stanley forecast the Dollar Index to drop to a level last seen during the COVID-19 pandemic by mid-2026. Photo by REUTERS
BreakingNews.ie
19-06-2025
- Climate
- BreakingNews.ie
Warm weather expected over the weekend with highest temperatures of 29 degrees
Warm weather is expected to continue into the weekend with highs of 29 degrees in parts of the country. Met Éireann said Thursday is dry with long spells of summer sunshine and just the chance of a stray shower. Warm or very warm with top temperatures of 21 to 27 degrees, in light to moderate southeast breezes. Advertisement Friday will be very warm or hot. Largely dry with spells of summer sunshine, however showers may break out locally, possibly heavy. They said there will be top temperatures of 21 to 28 or 29 degrees, highest values in the midlands and north, all in mostly moderate southeast breezes. Saturday said while warm sunshine is expected, a scattering of showers will occur too, some heavy and possibly thundery. Top temperatures of 19 to 25 degrees, warmest across the eastern half of the country, all in a light to moderate southwest wind. Sunday will be fresher and breezier than recent days with highest temperatures of 15 to 20 degrees, best values further east. Some sunny spells but showery rain too, all with rather brisk westerly winds. Advertisement Met Éireann said next week similar conditions will likely prevail with fresh westerly winds steering in a scattering of passing showers; sunshine at times in between. Warm or very warm with long spells of sunshine for the rest of the day☀️ There's a slight chance of a few showers 🌦️ developing later, but otherwise it'll be dry with temperatures reaching 21 to 26 C🌡️ ℹ️ — Met Éireann (@MetEireann) June 19, 2025 If you are wondering about common mistakes people make during a heatwave, check out down below. Keeping your windows open during the day Although it is tempting to open your windows and let in the fresh air, especially during warm weather, Energia is advising against it. Advertisement During a heatwave, the fresh air is hotter than what is inside your home, so letting it in during the warmest hours, usually between 12pm and 4pm, can actually trap heat and make your room even more uncomfortable. Warm outdoor air combined with trapped indoor heat quickly turns your home into an oven, the energy provider explained. Leaving curtains or blinds open Although it is tempting to allow some natural light in during a heatwave, it may come at a cost. Sunlight pouring in through your windows can make your home much hotter, especially if your windows face south or west where the sun is strongest in the afternoon Advertisement This creates a greenhouse effect where heat builds up inside and stays trapped. Using appliances that give off heat Appliances like ovens, tumble dryers, and hairdryers can create a lot of heat when they are running. Using them during the hottest part of the day makes your home hotter and harder to cool. This extra warmth builds up quickly, especially in smaller rooms with poor airflow. Keeping electronics plugged in Even when turned off, plugged-in devices like TVs, gaming consoles, and phone chargers still use power and produce small amounts of heat. Lifestyle Common mistakes that make your home hotter during... Read More Each device gives off a small amount of heat, but when many are plugged in, it can make a room warmer, especially if the room is small and not well-ventilated. Leaving lights on Lights, especially old-style incandescent bulbs, generate a lot of heat when they are on. Keeping lights on when you do not need them adds extra heat to your home, and during long summer days, there is usually enough daylight, so you do not need to use lights inside. However, many people forget to turn them off out of habit. This is an easy mistake that can make your home hotter.
