While we patiently await Wall Street's weathermen, formerly known as economists, to blame the next swoon in US GDP on California's relentless drought, now in its fourth year, we wonder how many double seasonally-adjusted, pro-forma, non-GAAP GDP points India's blistering heatwave will bring. Because if California thinks it has it bad, India has it far worse.
According to the National Post, soaring summer temperatures in India have left more than 1,400 people dead over the past month, officials said Thursday. Most of the 1,412 heat-related deaths so far have occurred in Andhra Pradesh and neighbouring Telangana, where temperatures have soared up to 47 C, according to government figures.
AccuWeather described India's scorching weather as the most intense heat wave in India in recent years, adding that "a very active typhoon season, combined with drought in much of India, could have a significant impact on lives and property for more than a billion people in Asia during the summer of 2015."